By Shariq Khan NEW YORK (Reuters) -Oil prices settled about $3 per barrel higher on Friday for a second straight…
Investors look for ‘Santa Rally’ after grim year in U.S. stocks
By David Randall NEW YORK (Reuters) – Bruised investors are hoping a so-called Santa Claus rally can soften the pain…
Explainer-How did Bankman-Fried secure $250 million bail?
By Jack Queen (Reuters) – FTX founder Sam Bankman-Fried clinched a bail deal on Thursday that would see him released…
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…
Huawei reaps more patent royalties than it pays out for second straight year
By Paresh Dave OAKLAND, Calif. (Reuters) -Chinese technology giant Huawei will bring in more patent income than it pays to…
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…
U.S. consumers’ 1-year inflation outlook drops to 18-month low – UMich
(Reuters) – U.S. consumers expect price pressures to moderate notably in the next year, with a benchmark survey on Friday…
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…