A look at the day ahead in U.S. and global markets from Mike Dolan Some soothing words from Federal Reserve…
China’s widening iPhone curbs roil US technology sector
By Aditya Soni and David Shepardson (Reuters) – Beijing’s widening curbs on iPhone use by government staff raised concerns among…
S&P, Nasdaq fall as Apple drags, jobless claims data fuels rate jitters
By Sinéad Carew and Shristi Achar A (Reuters) – The S&P 500 and Nasdaq fell on Thursday, with the biggest…
Fed’s Williams: An ‘open question’ whether Fed will need to hike again
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams on Thursday kept his…
Rivian to benefit next year as EV battery material prices ease – CFO
(Reuters) -Electric-vehicle maker Rivian Automotive will benefit late this year and in 2024 from a significant deflation for battery material…
US to cancel Alaska oil, gas leases issued under Trump
By Jarrett Renshaw and Nichola Groom (Reuters) -The U.S. Interior Department on Wednesday said it would cancel oil and gas…
Roark Capital to buy sandwich chain Subway for up to $9.55 billion -sources
(This Aug. 24 story has been corrected to add that Barclays co-led the financing in paragraph 20) By Abigail Summerville,…
Wall St slides as economic data stokes inflation and interest rate worries
By Sinéad Carew and Shristi Achar A (Reuters) – Wall Street’s three major averages closed lower on Wednesday with the…
Big Tech’s core businesses face overhaul under EU tech rules
By Supantha Mukherjee and Martin Coulter (Reuters) -The European Union has picked out 22 so-called “gatekeeper” services, run by six…
Elon Musk borrowed $1 billion from SpaceX in same month of Twitter deal – WSJ
(Reuters) – Elon Musk withdrew a loan of $1 billion from SpaceX – the two-decade-old rocket company run by the…