By Herbert Lash NEW YORK (Reuters) -Global stocks slipped on Wednesday, a day before the release of key U.S. inflation data, while the dollar eased after data showed the Chinese economy slipped into deflation last month. Wall Street traded lower…
By Safiyah Riddle (Reuters) - The average U.S. 30-year mortgage rate jumped to a nine-month peak on Wednesday and hit the second-highest rate since 2001, as interest rates reacted sharply to a downgrading of U.S. government debt. The average 30-year…
By Jarrett Renshaw PHILADELPHIA (Reuters) - The Biden administration moved on Tuesday to boost wages and worker protections on federally funded construction projects, drawing the ire of trade groups that warn the union-friendly changes could curtail investment. Vice President Kamala…
By Chris Prentice WASHINGTON (Reuters) -U.S. regulators on Tuesday fined nine Wall Street companies, including Wells Fargo, BNP Paribas and Société Générale $549 million over employees' use of personal messaging apps to discuss deals, trades and other business. The penalties…
By Lananh Nguyen and Tatiana Bautzer NEW YORK (Reuters) - Ratings agency Moody's said the U.S. banking sector is still strong even after it downgraded some small- to mid-sized lenders and warned it might cut the ratings of several major…
By Jonathan Stempel (Reuters) - A U.S. judge rejected Google's bid to dismiss a lawsuit claiming it invaded the privacy of millions of people by secretly tracking their internet use. U.S. District Judge Yvonne Gonzalez Rogers on Monday said she…
By Lucia Mutikani WASHINGTON (Reuters) - The U.S. trade deficit narrowed sharply in June as businesses cut back on purchases of foreign-made capital goods, resulting in imports falling to the lowest level in more than 1-1/2 years. The decline in…
By Lisa Baertlein and Priyamvada C (Reuters) -United Parcel Service cut its full-year revenue and profitability targets on Tuesday as the world's largest package deliverer faces higher labor costs and fights to win back U.S. business lost during tumultuous contract…
By Deborah Mary Sophia (Reuters) -Restaurant Brands International topped market estimates for quarterly results on Tuesday, signaling its Burger King turnaround plans were bearing fruit, with the chain drawing more customers through improved marketing and new technology at its outlets.…
By Max A. Cherney (Reuters) - Nvidia announced a new configuration on Tuesday for its advanced artificial intelligence chips that is designed to speed generative AI applications. The new version of the Grace Hopper Superchip boosts the amount of high-bandwidth…
