US consumer spending hits speed bump; inflation picture mixed
By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer spending fizzled in May as…
Month: June 2023
US lawmaker urges labelling, restrictions on AI content
WASHINGTON (Reuters) - U.S. Senator Michael Bennet, a Democrat who is active in…
Nike’s gloomy forecast puts spotlight on N America slowdown
By Granth Vanaik, Ananya Mariam Rajesh and Katherine Masters (Reuters) -Nike forecast…
Volkswagen in talks with Tesla to adopt its charging standard
(Reuters) -Volkswagen is in talks with Tesla to adopt its North American Charging Standard…
S&P 500 ends higher, Treasury yields touch three-month high on…
By Stephen Culp NEW YORK (Reuters) - The S&P 500 advanced on Thursday and benchmark…
Microsoft-backed AI startup Inflection raises $1.3 billion from Nvidia…
By Niket Nishant and Krystal Hu (Reuters) -Inflection AI, a startup backed by several…
Exclusive-Exxon Mobil expands lithium bet with Tetra Technologies deal
By Ernest Scheyder (Reuters) - Exxon Mobil has agreed to develop more than 6,100…
Chipmaker Micron beats on demand from booming AI, easing glut
By Akash Sriram (Reuters) -Micron Technology beat estimates for third-quarter results on…
Biden administration aims $2 billion in grants at US electric vehicle…
By Timothy Gardner and Joseph White WASHINGTON/DETROIT (Reuters) - President Joe…
FTX begins talks to relaunch international cryptocurrency exchange…
(Reuters) -Bankrupt FTX is moving ahead with efforts to revive its flagship international…