NEW YORK (Reuters) – Goldman Sachs Asset Management said Tuesday it had closed a $5.2 billion direct private markets fund…
Retail investors flock to small-cap AI firms as Big Tech battles for share
By Medha Singh (Reuters) – Retail investors are piling into small-cap firms that are into building artificial intelligence tools as…
U.S. appeals court allows higher tariffs on imported steel products
By Jonathan Stempel (Reuters) -A U.S. federal appeals court upheld the imposition of higher tariffs on some imported steel products,…
Meta, nonprofit end U.S. lawsuit over infinity-logo trademark
By Blake Brittain (Reuters) -Meta Platforms Inc and blockchain nonprofit Dfinity Foundation have resolved Dfinity’s trademark lawsuit against Meta over…
Powell: Jobs report was stronger than expected but shows why this will be a long process
By Michael S. Derby (Reuters) – Federal Reserve Chairman Jerome Powell said Tuesday very strong jobs data released last week…
Powell: A “couple of years” before Fed nears end of balance sheet decline
By Michael S. Derby (Reuters) -Federal Reserve Chairman Jerome Powell said Tuesday the U.S. central bank has some distance left…
Disney investors await CEO Iger’s revival plan with results on tap
By Dawn Chmielewski LOS ANGELES (Reuters) – Walt Disney Co CEO Bob Iger is expected to discuss a turnaround plan…
U.S. lawmakers focus on aviation safety after 2 near-miss crashes
By David Shepardson WASHINGTON (Reuters) -The U.S. Congress needs to address serious concerns about the country’s aviation system after recent…
Instant view: Stocks climb, dollar and U.S. Treasury yields fall as Powell speaks
NEW YORK (Reuters) – U.S. stocks rallied while the dollar and Treasury yields fall as Chair Jerome Powell said the…
Bigger utilities to benefit most from Biden’s clean-energy funds
By Laila Kearney NEW YORK (Reuters) – Large U.S. electric utilities with renewable power projects in the works will benefit…