By Amina Niasse NEW YORK (Reuters) – The rate of Americans who are uninsured will rise to 8.9% over the next decade from 7.7% in 2024, driven by rising immigration and reduced eligibility for 19[...]
Read moreJune 18, 2024
Trump Media says SEC’s decision may help it get $247 million
(Reuters) – Trump Media & Technology Group said on Tuesday the Securities and Exchange Commission has declared effective the company’s filing for resale of certain shares and warrants,[...]
Read moreS&P 500, Nasdaq hit record highs on AI momentum, Dow edges up after weak retail sales
By Echo Wang (Reuters) -The S&P 500 and Nasdaq closed at record highs on Tuesday, buoyed by Nvidia’s continued surge to new peaks, while the Dow ended barely higher in subdued pre-holiday tr[...]
Read moreMorning Bid: Guarding against disinflation complacency
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Investors are no doubt relieved that disinflationary pressures seem to be spreading across many parts of the world, but th[...]
Read moreNvidia eclipses Microsoft as world’s most valuable company
By Noel Randewich and Ankika Biswas (Reuters) – Nvidia became the world’s most valuable company on Tuesday, dethroning tech heavyweight Microsoft as its high-end processors play a central[...]
Read moreEmbraer sees India, Saudi Arabia, EU, US as strategic defense markets
By Gabriel Araujo GAVIAO PEIXOTO, Brazil (Reuters) -Brazilian planemaker Embraer sees India, Saudi Arabia, the European Union and the United States as strategic markets for its defense unit as it look[...]
Read moreApple turns to third parties for ‘buy now, pay later’ after sunsetting product
By Hannah Lang (Reuters) – Although Apple is discontinuing its buy now, pay later service launched last year, the company is sticking with the product, with a successor to the offering launching[...]
Read moreChild privacy complaint against TikTok referred to US Justice Dept
By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Trade Commission said on Tuesday it had referred a complaint against the social media platform TikTok and its parent company ByteDance[...]
Read moreDetroit Three automakers should exit China, leading analyst says
By Nora Eckert DETROIT (Reuters) – Legacy U.S. automakers such as Ford Motor and General Motors should leave the China market to preserve capital amid the costly electric vehicle (EV) transition[...]
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