WASHINGTON(Reuters) – U.S. consumer spending increased solidly in October, while inflation moderated, giving the economy a powerful boost at the start of the fourth quarter as it navigates a hig[...]
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Musk set to finally take wraps off Tesla truck – to tough crowd
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla is set to unveil on Thursday its long-delayed Semi, a 18-wheeler heavy duty vehicle that has faced skepticism from industry experts who doubt batte[...]
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Netflix to let more subscribers preview content – WSJ
(Reuters) -Netflix Inc is planning to let tens of thousands of users around the world to preview content from early next year, expanding beyond its current previewer base of 2,000-plus subscribers, th[...]
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Germans spending less as soaring power, food costs gnaw finances
By Mathis Richtmann BERLIN (Reuters) – For 25 years, Theo Jost served the German Christmas dish of goose in his restaurant near the Black Forest. The birds were fresh, reared by farmers in north[...]
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Asian FX bulls loom on signs of slowing Fed rate hikes, China reopening: Reuters poll
By Savyata Mishra (Reuters) – Investors turned modestly bullish on currencies of South Korea, Malaysia and Thailand, supported by prospects of China’s reopening, a Reuters poll found, whil[...]
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U.S. Treasury’s Yellen ‘practiced and practiced’ her signature for U.S. bills
NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen said she “practiced and practiced” writing the signature that will soon adorn U.S. dollars in order to avoid the illegible s[...]
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Analysis-Markets sigh with relief after Powell speech, but more turbulence likely ahead
By Davide Barbuscia and David Randall (Reuters) – A rally in U.S. stocks and bonds powered ahead after a speech by Federal Reserve Chairman Jerome Powell on Wednesday, but some investors believe[...]
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U.S. senator presses FAA for details on Boeing 737 MAX alerting system
By David Shepardson WASHINGTON (Reuters) – A senior U.S. lawmaker wants details from the Federal Aviation Administration (FAA) about the safety of the cockpit alerting system for the Boeing 737[...]
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Fed’s Powell: Rate hikes to slow, but adjustment just beginning
By Howard Schneider and Ann Saphir (Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said it was time to slow the pace of coming interest rate hikes while also signaling a protracted[...]
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