By Chibuike Oguh NEW YORK (Reuters) -Global shares and U.S. Treasury yields rose on Friday following stronger-than-expected job growth data…
Tag: Updated
US employers boost hiring in May, but labor market losing steam
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated in May, but a surge in the unemployment rate to…
McCarthy’s moment: Debt ceiling vote secures Republican US House speaker’s standing
By David Morgan WASHINGTON (Reuters) – Kevin McCarthy earned his stripes as Republican speaker of the U.S. House of Representatives…
High-flying C3.ai shares slump as sobering forecast dampens AI hype
By Medha Singh (Reuters) -Shares of C3.ai Inc dropped 13% on Thursday after the software maker’s disappointing quarterly revenue forecast…
Elon Musk is accused of insider trading by investors in Dogecoin lawsuit
By Jonathan Stempel NEW YORK (Reuters) – Elon Musk is being accused of insider trading in a proposed class action…
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…
Salesforce posts slowest quarterly revenue growth since 2010
By Tiyashi Datta (Reuters) -Salesforce Inc posted an 11% rise in quarterly revenue, its slowest pace of growth in 13…
Ford CEO says EV cost parity may not come until after 2030
By Shivansh Tiwary and Paul Lienert (Reuters) – The cost to make electric vehicles may not drop to the level…
Texas battery rush: Oil state’s power woes fuel energy storage boom
By Nichola Groom and Laila Kearney (Reuters) -BlackRock, Korea’s SK, Switzerland’s UBS and other companies are chasing an investment boom…
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…