By Herbert Lash NEW YORK (Reuters) -Stocks on Wall Street rallied and the dollar rose on Friday, as bond prices fell, after another blowout U.S. jobs report suggested the Federal Reserve may delay cut[...]
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April 5, 2024
Policy push for carbon removal credits lures finance, aviation
By Peter Henderson, Susanna Twidale and Simon Jessop SAN FRANCISCO/LONDON (Reuters) -Demand for credits reflecting the engineered removal of carbon dioxide from the atmosphere is expected by some to s[...]
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Coinbase to face revived lawsuit by customers
By Jonathan Stempel NEW YORK (Reuters) – A federal appeals court on Friday revived a lawsuit by Coinbase customers who accused the largest U.S. cryptocurrency exchange of illegally selling unreg[...]
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Dollar steadies, on track for weekly loss after job growth blowout
By Hannah Lang NEW YORK (Reuters) -The dollar strengthened on Friday but was still set for a weekly loss after data showed U.S. employers hired far more workers than expected in March, potentially del[...]
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Oil prices climb more than $1 per barrel on supply risk
By Erwin Seba HOUSTON (Reuters) -The Brent and U.S. West Texas Intermediate crude oil benchmarks rose more than $1 a barrel during trade on Friday as markets watched for signs of any direct conflict b[...]
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Inside Big Tech’s underground race to buy AI training data
By Katie Paul and Anna Tong NEW YORK (Reuters) – At its peak in the early 2000s, Photobucket was the world’s top image-hosting site. The media backbone for once-hot services like Myspace a[...]
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US stocks’ lofty valuations in spotlight as earnings season nears
By David Randall and Lewis Krauskopf NEW YORK (Reuters) – The U.S. stock market is the most expensive it has been in around two years. Its valuation could be put to the test as companies report[...]
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Mexico president says US aviation firm breached Mexicana Airlines contract
MEXICO CITY (Reuters) – SAT Aero Holdings, a U.S. aviation firm hired by Mexico to relaunch state-run airline Mexicana, was accused by President Andres Manuel Lopez Obrador on Friday of breachin[...]
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Tesla accused in lawsuit of cheating California workers out of wages
By Daniel Wiessner (Reuters) – Tesla is facing a new proposed class action lawsuit accusing the electric carmaker of a slew of wage law violations against factory and warehouse workers in Califo[...]
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