By Deborah Mary Sophia (Reuters) -Kroger on Thursday cut its annual sales forecast, pinched by moderating food and grocery prices…
Microsoft president says no chance of super-intelligent AI soon
By Muvija M and Martin Coulter LONDON (Reuters) -The president of tech giant Microsoft said there is no chance of…
Rate cut hopes buoy U.S. stocks ahead of uncertain 2024
By David Randall, Lewis Krauskopf and Carolina Mandl (Reuters) -Hopes that an economic soft landing will lead the Federal Reserve…
JPMorgan strategists see ‘challenging’ backdrop for US stocks in 2024
By Lewis Krauskopf NEW YORK (Reuters) – J.P. Morgan equity strategists on Wednesday issued a dour outlook for U.S. stocks…
GM sees $9.3 billion hit from labor deals, outlines $10 billion buyback
By David Shepardson (Reuters) -General Motors said on Wednesday its new labor deals after a lengthy U.S. strike will cost…
US consumer confidence rebounds, house prices maintain upward trend
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence rose in November after three straight monthly declines, with Americans planning…
Meta says it will appeal US judge’s ruling in privacy fight with FTC
WASHINGTON (Reuters) -Meta Platforms, which owns WhatsApp, Instagram and Facebook, said on Tuesday it would appeal a judge’s ruling that…
Biden’s clean energy agenda faces mounting headwinds
(This Nov. 24 story has been officially corrected to fix tracking firm LevelTen’s data to show that solar contract prices…
Amazon announces new cloud AI chip as Microsoft rivalry intensifies
By Stephen Nellis (Reuters) -Amazon.com on Tuesday announced a new artificial intelligence chip for its cloud computing service as competition…
Shoppers click ‘buy’ as retailers slash prices ahead of Cyber Monday
(Reuters) -Holiday shoppers in the U.S. are seeking out the best deals and strategically nabbing the deepest discounts ahead of…