By Paresh Dave, Fanny Potkin and Sheila Dang (Reuters) -Twitter Inc removed a feature in the past few days that…
Facebook parent Meta to settle Cambridge Analytica scandal case for $725 million
By Nate Raymond (Reuters) -Facebook owner Meta Platforms Inc has agreed to pay $725 million to resolve a class-action lawsuit…
IRS delays $600 income reporting rule for U.S. gig workers
WASHINGTON (Reuters) – The U.S. Internal Revenue Service said on Friday it would delay a new rule requiring more extensive…
Elon Musk’s vow to not sell more Tesla stock fails to calm investors
(Reuters) -Tesla Inc shares hit a fresh two-year low in volatile trading on Friday as top boss Elon Musk’s promise…
Analysis-US stock investors face recession fears as they bid good riddance to 2022
By Lewis Krauskopf NEW YORK (Reuters) – A rough year for U.S. stocks is winding down, but the market’s pain…
U.S. consumer spending, inflation rise moderately amid rate hikes
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending barely rose in November, while annual inflation increased at its slowest…
Billionaire Adani to control nearly 65% of NDTV as founders sell stake
BENGALURU (Reuters) -Indian billionaire Gautam Adani will control 64.71% of New Delhi Television Ltd as the company’s founders have decided…
Republican senators propose overhaul of Federal Reserve amid concerns about politics
(This Dec. 21 story has been corrected to show that the proposed bill would subject the Fed general counsel to…
Despite progress, Fed remains focused on inflation fight as 2023 rolls in
By Lindsay Dunsmuir (Reuters) -After a year in which a U.S. inflation surge forced the Federal Reserve to supersize its…
U.S. new home sales increase again in November
WASHINGTON (Reuters) – Sales of new U.S. single-family homes rose for a second straight month in November likely as Americans…