WASHINGTON (Reuters) -A U.S. Navy warship in the Red Sea shot down an Iran-produced drone launched from Houthi-controlled areas of…
Rate cut hopes buoy U.S. stocks ahead of uncertain 2024
By David Randall, Lewis Krauskopf and Carolina Mandl (Reuters) -Hopes that an economic soft landing will lead the Federal Reserve…
JPMorgan strategists see ‘challenging’ backdrop for US stocks in 2024
By Lewis Krauskopf NEW YORK (Reuters) – J.P. Morgan equity strategists on Wednesday issued a dour outlook for U.S. stocks…
GM sees $9.3 billion hit from labor deals, outlines $10 billion buyback
By David Shepardson (Reuters) -General Motors said on Wednesday its new labor deals after a lengthy U.S. strike will cost…