(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee said he feels more comfortable that the labor market is stabilizing,…
US weekly jobless claims increase; labor market conditions still healthy
WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits increased more than expected last week, but…
Polestar expects delayed profitability as EV demand weakens, competition intensifies
By Akash Sriram and Marie Mannes (Reuters) -Polestar’s new CEO said on Thursday it would take longer for the Swedish…
Trump’s Treasury pick Bessent calls for stronger sanctions on Russia over Ukraine war
By Bo Erickson WASHINGTON (Reuters) – President-elect Donald Trump’s pick for Treasury Secretary, Scott Bessent, said he “100%” supports raising…
J.P.Morgan forecasts spending on data centers could boost US GDP by 20 basis points in 2025-26
By Siddarth S (Reuters) – J.P.Morgan estimated spending on data centers could contribute between 10-20 basis points to U.S. economic…
Microsoft launches Copilot Chat for businesses to boost AI adoption
(Reuters) – Microsoft on Wednesday rolled out a chat service allowing businesses to use on-demand AI agents for routine tasks,…
Trump will keep TikTok from ‘going dark’ if deal is on table, adviser says
By David Shepardson WASHINGTON (Reuters) -U.S. President-elect Donald Trump’s incoming national security adviser said on Thursday the new administration will…
Morgan Stanley’s profit more than doubles on boost from dealmaking, stock sales
By Niket Nishant and Tatiana Bautzer (Reuters) -Morgan Stanley’s profit more than doubled in the fourth quarter, fueled by a…