By Dietrich Knauth NEW YORK (Reuters) – Crypto lender Celsius Network may have to seek a new creditor vote on…
Kroger trims sales view on lower prices, choppy grocery demand
By Deborah Mary Sophia (Reuters) -Kroger on Thursday cut its annual sales forecast, pinched by moderating food and grocery prices…
Microsoft president says no chance of super-intelligent AI soon
By Muvija M and Martin Coulter LONDON (Reuters) -The president of tech giant Microsoft said there is no chance of…
US warship in Red Sea shoots down Iranian-made drone launched from Yemen
WASHINGTON (Reuters) -A U.S. Navy warship in the Red Sea shot down an Iran-produced drone launched from Houthi-controlled areas of…
Rate cut hopes buoy U.S. stocks ahead of uncertain 2024
By David Randall, Lewis Krauskopf and Carolina Mandl (Reuters) -Hopes that an economic soft landing will lead the Federal Reserve…
JPMorgan strategists see ‘challenging’ backdrop for US stocks in 2024
By Lewis Krauskopf NEW YORK (Reuters) – J.P. Morgan equity strategists on Wednesday issued a dour outlook for U.S. stocks…
GM sees $9.3 billion hit from labor deals, outlines $10 billion buyback
By David Shepardson (Reuters) -General Motors said on Wednesday its new labor deals after a lengthy U.S. strike will cost…
Affirm extends rally on Cyber Monday boost as BNPL lending surges
By Medha Singh, Chibuike Oguh and Hannah Lang (Reuters) -Shares of “buy now, pay later” provider Affirm Holdings extended a…
US consumer confidence rebounds, house prices maintain upward trend
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence rose in November after three straight monthly declines, with Americans planning…
Meta says it will appeal US judge’s ruling in privacy fight with FTC
WASHINGTON (Reuters) -Meta Platforms, which owns WhatsApp, Instagram and Facebook, said on Tuesday it would appeal a judge’s ruling that…