By Savyata Mishra and Siddharth Cavale (Reuters) -Walmart’s results WMT.N on Thursday show U.S. consumers across the spectrum are still flocking…
Exclusive-Trump weighs using $2 billion in CHIPS Act funding for critical minerals, sources say
By Ernest Scheyder and Jarrett Renshaw (Reuters) -The Trump administration is considering a plan to reallocate at least $2 billion…
Wall Street closes down as investors brace for Powell’s speech
By Johann M Cherian, Sanchayaita Roy and Carolina Mandl (Reuters) -Wall Street’s main indexes fell on Thursday as investors feared…
Chinese AI startup DeepSeek releases upgraded model with domestic chip support
BEIJING (Reuters) -Chinese artificial intelligence startup DeepSeek released on Thursday an upgrade to its flagship V3 model that the company…
US existing home sales tick up unexpectedly in July
By Dan Burns (Reuters) -Sales of previously owned U.S. homes ticked unexpectedly higher in July, but the pace of sales…
Hack at Allianz Life impacts 1.1 million customers, breach notification site says
(Reuters) -A cyberattack at U.S. insurance firm Allianz Life in late July compromised the personal data of 1.1 million customers,…
US hikes steel, aluminum tariffs on imported wind turbines, cranes, railcars
By David Shepardson WASHINGTON (Reuters) -The U.S. Commerce Department on Tuesday said it is hiking steel and aluminum tariffs on…
Bessent says US tariff revenues to rise ‘substantially,’ focus on reducing debt
By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent said he expects a big jump in revenues from sweeping…
Nasdaq tumbles as Jackson Hole jitters hit tech stocks
By Johann M Cherian, Sanchayaita Roy and Carolina Mandl (Reuters) -The Nasdaq and S&P 500 slid on Tuesday driven by…
Walmart’s earnings report will test investor confidence in US market
By Siddharth Cavale NEW YORK (Reuters) -Investors expect Walmart’s management to strike a cautious tone on customer demand as the…