MANILA (Reuters) – The Philippine central bank will focus on inflation rather than the Federal Reserve’s recent policy action when…
Stocks tumble, U.S. bond yields rise on strong jobs report
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks dropped more than 1%, while U.S. Treasury yields…
Self-proclaimed bitcoin inventor’s $2.5 billion lawsuit can go to trial – London court
LONDON (Reuters) – Self-proclaimed bitcoin creator Craig Wright’s lawsuit against bitcoin network developers to try to recover billions of dollars…
Italy bans U.S.-based AI chatbot Replika from using personal data
(Corrects to make Alvarez & Marsal a consultancy firm, rather than a law firm, in 11th paragraph) By Elvira Pollina…
Big Tech earnings face more heat as cloud cover fades
By Aditya Soni and Yuvraj Malik (Reuters) – Big Tech results reinforced concerns a boom in cloud services is easing,…
Fed seen hiking policy rate above 5% as job gains surge
By Ann Saphir (Reuters) – The U.S. Federal Reserve is likely to need to lift the benchmark rate above 5%…
Exclusive-ChatGPT in spotlight as EU’s Breton bats for tougher AI rules
By Foo Yun Chee and Supantha Mukherjee BRUSSELS/STOCKHOLM (Reuters) – EU industry chief Thierry Breton has said new proposed artificial…
Oil falls about 3% as strong U.S. jobs data prompt interest rate concerns
By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell to over three-week lows on Friday in a volatile session, after…
Jobs report jolts Wall Street bulls as inflation fears return
By Davide Barbuscia NEW YORK (Reuters) – Much stronger-than-expected U.S. job growth stopped early-year rallies in stocks and bonds dead…
Brazil’s finance ministry to back minimum wage increase starting in May -sources
By Bernardo Caram BRASILIA (Reuters) – Brazil’s finance ministry sees room for leftist President Luiz Inacio Lula da Silva to…