Fed’s Powell said central bank is cutting 10% of its staff
(Reuters) -Federal Reserve Chairman Jerome Powell said Wednesday the U.S. central bank is undergoing a...
Trump administration cannot proceed with overhaul of US health agencies, court rules
By Nate Raymond and Daniel Wiessner (Reuters) -A federal appeals court on Wednesday refused for...
Disney $233 million settlement with employees wins approval
By Jonathan Stempel (Reuters) -A California judge has approved Walt Disney’s $233 million settlement with...
Google, PayPal partner to roll out AI-powered solutions across platforms
(Reuters) -Google and PayPal have entered a multi-year strategic partnership to bring new AI shopping...
Oracle, Silver Lake consortium to control 80% stake in TikTok in US, WSJ reports
(Reuters) -TikTok’s U.S. operations would be controlled by an investor consortium including Oracle, Silver Lake and...
Eli Lilly to invest $5 billion in new Virginia plant as pharma braces for tariffs
By Sneha S K (Reuters) – Eli Lilly said on Tuesday it will invest $5...
US traffic deaths fell 8.2% in first half of 2025, lowest number since 2020
By David Shepardson WASHINGTON (Reuters) – U.S. traffic deaths fell 8.2% in the first half...
Trump pressure on Fed may steepen US yield curve, fund managers say
(Corrects Gareth Nicholson’s title in paragraph 4 to chief investment officer at Nomura International Wealth...
Trump hints Tiktok deal reached, according to Truth Social post
WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday trade talks with China had...
CoreWeave, Nvidia sign $6.3 billion cloud computing capacity order
(Reuters) – CoreWeave has signed a $6.3 billion initial order with backer Nvidia, the data...