By Arathy Somasekhar HOUSTON (Reuters) -Oil prices closed 1% lower on Friday and fell even more for the week as markets remained wary of soft Chinese demand even as producer group OPEC+ extended suppl[...]
Read moreMarch 8, 2024
Dollar ends week under pressure as data keeps rate cut hopes alive
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar traded modestly weaker against most major peers on Friday, and was on pace for its worst weekly showing against the euro this year after mixed data[...]
Read moreApple retreats in Epic feud, allows Fortnite return in EU
By Stephen Nellis and Akash Sriram (Reuters) -Under pressure from European regulators, Apple took a step back in its feud with Epic Games on Friday, clearing the way for Epic to put its own game store[...]
Read moreGold marches higher as US jobs data boosts bets of early rate cut
By Anjana Anil (Reuters) – Gold prices surged to another record high on Friday as data showing a rise in the U.S. unemployment rate boosted expectations that the U.S. Federal Reserve could begin[...]
Read moreGoogle’s newest office has AI designers toiling in a Wi-Fi desert
By Greg Bensinger SAN FRANCISCO (Reuters) – Google has been touting the myriad innovations in the first building wholly designed and built by the web giant, even moving workers in to focus on it[...]
Read moreYellen says Biden’s proposed housing tax credits could boost supply
By David Lawder and Susan Heavey WASHINGTON (Reuters) -President Joe Biden’s proposed tax credits for certain home buyers and sellers could help boost the nation’s housing supply and make[...]
Read moreSam Altman’s Worldcoin files lawsuit after Spanish ban
By Elizabeth Howcroft and Emma Pinedo LONDON (Reuters) – Sam Altman’s Worldcoin has filed a lawsuit against the Spanish data protection regulator in response to being banned from operating[...]
Read moreNYCB turnaround faces rocky road as commercial real estate exposure a drag
By Manya Saini and Niket Nishant (Reuters) -New York Community Bancorp’s turnaround will likely take a long time as analysts expect profits to remain under pressure from the lender’s effor[...]
Read moreTSMC to win more than $5 billion in grants for a US chip plant, Bloomberg reports
(Reuters) – Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker, is set to win more than $5 billion in federal grants from the U.S. government for setting[...]
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