NEW YORK (Reuters) – Short sellers in U.S. shares related to the semiconductor industry are down $18.31 billion in mark-to-market…
Category: Economy
Nvidia runaway winner in market cap addition in May
(Reuters) – Nvidia Corp’s market capitalisation jumped the most in May among the top 20 global companies by market value,…
US debt ceiling bill passes House with broad bipartisan support
By David Morgan, Richard Cowan and Moira Warburton WASHINGTON (Reuters) – A divided U.S. House of Representatives passed a bill…
JPMorgan’s Dimon says US, China need ‘real engagement’
HONG KONG (Reuters) – JPMorgan Chase & Co CEO Jamie Dimon on Wednesday warned “uncertainty” caused by the Chinese government…
Nvidia briefly joins $1 trillion valuation club
By Akash Sriram and Samrhitha A (Reuters) – Nvidia Corp briefly joined an elite club of U.S. companies sporting a…
Explainer-How could a US debt ceiling default hit regular Americans?
By Jason Lange WASHINGTON (Reuters) – What could happen on Main Street if Washington’s political showdown over the debt ceiling…
Tesla’s Musk open to expanding in China – foreign ministry
BEIJING (Reuters) -Tesla Inc CEO Elon Musk told Chinese foreign minister Qin Gang on Tuesday that he was willing to…
US review of China tariffs won’t depend on trade ‘breakthrough’-Deputy USTR
By David Lawder DETROIT (Reuters) -The United States is taking an analytical approach to its review of whether to keep…
France in ‘very close discussions’ with S&P ahead of rating update
PARIS (Reuters) – French Economy Minister Bruno Le Maire is in “very close discussions” with credit ratings agency Standard and…
Biden, McCarthy reach tentative US debt ceiling deal
By Steve Holland, Gram Slattery and Katharine Jackson WASHINGTON (Reuters) -U.S. President Joe Biden and top congressional Republican Kevin McCarthy…