By Doina Chiacu and Yukun Zhang WASHINGTON (Reuters) -U.S. President-elect Donald Trump and Chinese President Xi Jinping discussed issues including…
SpaceX’s Starship explodes in flight test, forcing airlines to divert
By Joey Roulette WASHINGTON (Reuters) – A SpaceX Starship rocket broke up in space minutes after launching from Texas on…
Fitch’s new rating chief looking for answers on US policy under Trump
By Marc Jones LONDON (Reuters) – Fitch new head of sovereign ratings says the firm is likely to have a…
US mid-sized banks ride industry upswing on robust fee income
By Manya Saini and Niket Nishant (Reuters) – A raft of U.S. banks reported higher fourth-quarter profits on Friday, extending…
Fed’s Goolsbee says he feels more comfortable that labor market is stabilizing, WSJ reports
(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,…