By Saqib Iqbal Ahmed NEW YORK (Reuters) -Relentless selling of U.S. government bonds has brought Treasury yields to their highest level in more than a decade and a half, roiling everything from stocks to the real estate market. The yield…
By Caroline Valetkevitch NEW YORK (Reuters) - U.S. stocks ended solidly lower on Thursday, with shares of Tesla falling after its results and Treasury yields surging as Federal Reserve Chair Jerome Powell spoke about monetary policy and investors worried whether…
By Aditya Soni and Akash Sriram (Reuters) - Elon Musk's warning that high interest rates could sap electric-vehicle demand knocked shares of the sector on Thursday, with some analysts questioning if Tesla can maintain the runaway growth that has for…
By Helen Coster NEW YORK (Reuters) -You may never have to read another news story in your life, if you have artificial intelligence that can digest all the web’s information and serve up a summary on demand. That’s the stuff…
By Karen Brettell NEW YORK (Reuters) - The dollar dropped on Thursday after Federal Reserve Chair Jerome Powell was interpreted as being generally dovish in comments made at an economic forum, even as he warned that the U.S. central bank…
By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Reserve is developing additional scenarios to probe for weaknesses in large banks as part of its 2024 stress test, its top regulatory official said Thursday. Fed Vice Chair for Supervision Michael Barr…
By Blake Brittain (Reuters) - Music publishers Universal Music, ABKCO and Concord sued artificial intelligence company Anthropic in Tennessee federal court on Wednesday, accusing it of misusing an "innumerable" amount of copyrighted song lyrics to train its chatbot Claude. The…
By Mike Scarcella (Reuters) - Amazon.com has denied duping millions of subscribers to its Amazon Prime service, asking a U.S. judge in Seattle to dismiss a Federal Trade Commission lawsuit that the ecommerce giant said "fails in its entirety." Attorneys…
By Timothy Gardner WASHINGTON (Reuters) -President Joe Biden's administration on Wednesday announced $3.5 billion in grants for projects to protect the aging U.S. power grid from extreme weather and fires and to connect transmission systems with more electricity from renewable…
By Foo Yun Chee BRUSSELS (Reuters) - Hitachi is set to win EU antitrust approval for its 1.7-billion-euro ($1.8 billion) acquisition of Thales' GTS railway signalling business on the condition it sells assets in France and Germany, three people familiar…
