By Stephen Culp NEW YORK (Reuters) – U.S. stocks slid and 10-year U.S. Treasury yields reached a 16-year high after…
Oil settles up 1% on nagging worries about Middle East
By Laura Sanicola (Reuters) -Oil prices settled higher on Thursday as traders remained nervous that Israel’s military campaign in Gaza…
Blackstone’s Q3 earnings miss shows toll of interest rate rises
By Chibuike Oguh NEW YORK (Reuters) -Blackstone Inc said on Thursday that its third-quarter distributable earnings fell by a steeper-than-expected…
Amazon defends Prime program in bid to defeat FTC lawsuit
By Mike Scarcella (Reuters) – Amazon.com has denied duping millions of subscribers to its Amazon Prime service, asking a U.S.…
US invests $3.5 billion to bolster power grid, deploy clean energy
By Timothy Gardner WASHINGTON (Reuters) -President Joe Biden’s administration on Wednesday announced $3.5 billion in grants for projects to protect…
Fed on pause as policymakers parse mixed data
(Reuters) – Federal Reserve policymakers are signaling a pause in hiking interest rages for another couple months as they wait…
Major airline shares hit turbulence on disappointing profit outlook from United
By Shivansh Tiwary (Reuters) – Shares of major U.S. airlines fell on Wednesday, after a disappointing fourth-quarter forecast from United…
Morgan Stanley profit down with lower investment banking revenue, shares tank
By Niket Nishant, Tatiana Bautzer and Manya Saini (Reuters) -Morgan Stanley’s third-quarter profit showed a hit from lethargic dealmaking and…
Hardline Republican Jim Jordan picks up support in bid for US House speaker
By David Morgan and Makini Brice WASHINGTON (Reuters) -Hardline Republican Jim Jordan picked up support for his campaign to lead…
Tesla urges US to adopt much tougher fuel efficiency rules
By David Shepardson WASHINGTON (Reuters) -Electric vehicle manufacturer Tesla on Tuesday urged the Biden administration to finalize much tougher fuel…