By Aditya Soni and Akash Sriram (Reuters) – Elon Musk’s warning that high interest rates could sap electric-vehicle demand knocked…
Wall St ends lower on Powell remarks as benchmark Treasury yields near 5%
By Stephen Culp NEW YORK (Reuters) – U.S. stocks slid and 10-year U.S. Treasury yields reached a 16-year high after…
Oil settles up 1% on nagging worries about Middle East
By Laura Sanicola (Reuters) -Oil prices settled higher on Thursday as traders remained nervous that Israel’s military campaign in Gaza…
Blackstone’s Q3 earnings miss shows toll of interest rate rises
By Chibuike Oguh NEW YORK (Reuters) -Blackstone Inc said on Thursday that its third-quarter distributable earnings fell by a steeper-than-expected…
Amazon defends Prime program in bid to defeat FTC lawsuit
By Mike Scarcella (Reuters) – Amazon.com has denied duping millions of subscribers to its Amazon Prime service, asking a U.S.…
US invests $3.5 billion to bolster power grid, deploy clean energy
By Timothy Gardner WASHINGTON (Reuters) -President Joe Biden’s administration on Wednesday announced $3.5 billion in grants for projects to protect…