By Stephen Culp NEW YORK (Reuters) -U.S. stocks rallied on Thursday as robust labor market data offered the latest evidence of U.S. economic strength despite the fact that it could prompt the Federal[...]
Read moreJanuary 18, 2024
NTSB chair: Boeing CEO called, wants to rectify errors made in past
WASHINGTON (Reuters) – National Transportation Safety Board (NTSB) Chair Jennifer Homendy said on Thursday that Boeing CEO Dave Calhoun called after a cabin panel on a Boeing 737 MAX 9 jet blew[...]
Read moreSpanish court rules Facebook moderator suffered work-related mental trauma
By Joan Faus and Catarina Demony BARCELONA/MADRID (Reuters) -A Spanish court has ruled a former Facebook moderator’s mental health was damaged by his work reviewing graphic content such as behea[...]
Read moreBrazil unlikely to meet 2024 fiscal goals, audit court says
BRASILIA (Reuters) – Brazil should end 2024 with a primary deficit of 55.3 billion reais ($11.2 billion), the federal audit court (TCU) said, in the latest sign of skepticism that President Luiz[...]
Read moreDollar gains for fifth straight session on solid labor data
By Chuck Mikolajczak NEW YORK (Reuters) -The dollar index climbed for a fifth straight session on Thursday after labor market data showed job growth, keeping expectations for an interest rate cut from[...]
Read moreU.S. ETF launches set early record in 2024, helped by spot bitcoin funds
By Suzanne McGee (Reuters) – The much anticipated U.S. debut of 11 exchange-traded funds (ETFs) tied to spot bitcoin has contributed to a record start to the new year for ETF launches, data from[...]
Read moreOil prices settle higher global demand forecasts, US crude stock draw
By Laura Sanicola (Reuters) – Oil prices settled higher on Thursday after the International Energy Agency (IEA) joined producer group OPEC in forecasting strong growth in global oil demand and a[...]
Read moreMeta ramps up AI efforts by building chip arsenal, consolidating teams
NEW YORK (Reuters) -Meta CEO Mark Zuckerberg said on Thursday that the company was bringing its AI research team “closer together” with a more business-focused generative AI team launched[...]
Read moreAlaska Airlines extends Boeing 737 MAX 9 cancellations through Sunday
WASHINGTON (Reuters) – Alaska Airlines said on Thursday it will extend the cancellation of its Boeing 737 MAX 9 flights through Sunday as the Federal Aviation Administration continues to review[...]
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