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Apple wins partial reversal of sanctions in Epic Games antitrust lawsuit

In Today’s News

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Fed’s Powell says rate policy well positioned, future of policy not on pre-set course

Dec 10 (Reuters) – ⁠Federal Reserve Chairman Jerome Powell said ⁠U.S. central bank interest rate policy is ​well positioned to respond to ‍what lies ahead for the economy, declining to provide guidance whether another interest rate ​cut lies in the near future.”I would note that havin …

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Apple wins partial reversal of sanctions in Epic Games antitrust lawsuit

WASHINGTON, Dec 11 (Reuters) – Apple on Thursday persuaded a U.S. appeals ⁠court to reverse parts of a court order requiring the iPhone maker to make changes to its lucrative App ⁠Store to promote greater competition, but lost its bid to overturn a sweeping injunction.The San Francisco-based 9th U.S …

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Featured Article

Trump plan to require social media handles from Europeans and other expedited travelers sparks pushback

WASHINGTON, Dec 11 (Reuters) – A U.S. travel association, a top Democrat, and ⁠would-be travelers from Europe and Australia are bristling at President Donald Trump’s new plan to require Europeans and other visitors using the visa waiver program to provide ⁠social media handles used over the past fiv …

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Other Headlines

US to host meeting of G20 officials without South Africa’s participation, sources say

South Africa, this year’s host country, was not invited to join the meeting of the G20 deputy sherpas, the sources said on condition ​of anonymity.The U.S. on Monday assumed the 12-month presidency of the G20 amid a bitter feud with South Africa and has said it ​will not invite Africa’s biggest econ …

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Costco beats quarterly sales estimates on strong demand

Surging inflation and a weak job market have been pushing shoppers ​to trade down and hunt for bargains on everything from essentials such as groceries ​to nice-to-have items like jewelry.This in ⁠turn has helped boost sales ‌at retailers including Costco and Walmart as well ⁠as do …

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Broadcom forecasts upbeat quarterly revenue on AI chip demand

Dec 11 (Reuters) – Broadcom on Thursday projected first-quarter ⁠revenue above Wall Street estimates, betting that sustained, robust demand for its specialized artificial ⁠intelligence chips would power another year of growth and help quell investor worries of a ​spending slowdown.Shares of the …

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Stocks mixed, tech weakens before expected Fed rate cut

Welcome to the home for real-time coverage ⁠of markets brought to you by Reuters reporters. You can share your thoughts with us ⁠at STOCKS MIXED, TECH WEAKENS BEFORE EXPECTED FED RATE CUTStocks were mixed on Wednesday, with the ​Dow Jones Industrial Average and S&P 500 recording modest gains, à …

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Troop pay, Ukraine and social issues – US House passes massive 2026 defense bill

By Patricia ZengerleDec 10 (Reuters) – The U.S. House of Representatives on Wednesday passed ⁠a compromise version of the 2026 National Defense Authorization Act, or NDAA, a nearly $1 trillion bill setting policy for the Pentagon that Congress hopes to pass for a 65th straight year.Because it becomes law …

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