WASHINGTON (Reuters) – The U.S. is likely at the “back end” of the current inflation surge though it remained unclear…
Roblox Corp shares fall on wider-than-expected loss
(Reuters) -Roblox Corp reported a larger-than-expected quarterly loss on Wednesday, as the gaming platform spent more on hiring and its…
COP27: U.S. in talks with EU on electric car tax credits
By Valerie Volcovici SHARM EL-SHEIKH, Egypt (Reuters) – The United States is listening to the concerns of European counterparts about…
Homebuilder D.R. Horton expects home prices to cool as demand tapers
By Kannaki Deka (Reuters) -U.S. homebuilder D.R. Horton Inc on Wednesday forecast first-quarter revenue below estimates and said it expects…
U.S. crude stockpiles rise, fuel inventories fall – EIA
By Stephanie Kelly NEW YORK (Reuters) – U.S. crude stocks rose as domestic oil production gained, while gasoline and distillate…
Surprisingly close US midterm tallies keep investors on edge
New York (Reuters) – Investors on Wednesday are grappling with an unclear outcome in the U.S. midterm elections, as a…
Galaxy Digital to cut majority exposure to crypto exchange FTX
(Reuters) -Crypto financial services company Galaxy Digital Holdings Ltd said on Wednesday it was looking to cut nearly 62% of…
Citigroup to buy banking license from Deutsche Bank in Mexico for wholesale unit
NEW YORK (Reuters) – Citigroup Inc said on Tuesday it would purchase Deutsche Bank’s Mexican banking license in order to…
Fed terminal rate to reach just under 5%, said bond strategists – Reuters poll
BENGALURU (Reuters) – Sovereign bond yields are likely to remain elevated in the near term and be at higher levels…
U.S. wholesale inventories revised lower in September
WASHINGTON (Reuters) – U.S. wholesale inventories increased less than initially thought in September amid decreases in stocks of petroleum and…