Biden calls Xi a dictator after carefully planned summit
By Trevor Hunnicutt and Jeff Mason WOODSIDE, California (Reuters) -U.S. President Joe Biden said on...
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Cisco lowers annual forecasts on slowdown in new orders
By Samrhitha A (Reuters) -Cisco Systems cut its full-year revenue and profit forecasts on Wednesday...
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Microsoft introduces its own chips for AI, with eye on cost
By Stephen Nellis (Reuters) – Microsoft on Wednesday announced a duo of custom-designed computing chips,...
Goldman sees S&P 500 rising to 4700 by year-end 2024
(Reuters) – Goldman Sachs investment strategists said on Wednesday that they now expect the S&P...
Government Debt
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As inflation cools, Fed seen pivoting to rate cuts in May
By Ann Saphir (Reuters) -Cooling inflation will allow the Federal Reserve to forgo any more...
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Social media companies must face youth addiction lawsuits, US judge rules
By Jonathan Stempel and Nate Raymond (Reuters) -A federal judge on Tuesday rejected efforts by...
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Home Depot tops estimates as customers spend on small projects
By Deborah Mary Sophia (Reuters) -Home Depot sales were better than expected in the third...
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Chevron takeover of Hess resurrects multi-billion dollar tax shield
By Tim McLaughlin (Reuters) – Chevron’s deal to buy Hess will unlock $15 billion worth...
Fisker cuts 2023 production forecast as it struggles to ramp up deliveries
By Samrhitha A and Abhirup Roy (Reuters) – Electric-vehicle startup Fisker slashed its 2023 production...
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UAW president vows aggressive auto plant organizing -Senate testimony
By David Shepardson WASHINGTON (Reuters) – United Auto Workers President Shawn Fain will tell a...