By Douglas Gillison and Chris Prentice (Reuters) -Wall Street’s top regulator told the White House in March it had already…
US inflation expectations ease in May, New York Fed survey shows
By Michael S. Derby (Reuters) -Americans’ anxiety about the future path of inflation eased in May, as they also grew…
OpenAI’s annualized revenue hits $10 billion, up from $5.5 billion in December 2024
(Reuters) -OpenAI said on Monday that its annualized revenue run rate surged to $10 billion as of June, positioning the…
Disney to pay additional $438.7 million for NBCU’s stake in Hulu
(Reuters) -Walt Disney said on Monday it has completed its purchase of Hulu, agreeing to pay NBCUniversal an additional $438.7…
Retail traders scooped up Tesla as Trump-Musk spat hit stock
By Suzanne McGee and Saqib Iqbal Ahmed NEW YORK (Reuters) -Retail investors seem to have spotted an opportunity in the…
Stablecoin firm Circle adds to stellar first day gains with another stock surge
By Arasu Kannagi Basil (Reuters) -Stablecoin issuer Circle Internet’s shares climbed 48% on Friday, extending a stellar run after a…
US Supreme Court allows DOGE broad access to Social Security data
By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Friday permitted the Department of Government Efficiency, a key player…
Trump can bar AP from some White House events for now, US appeals court says
By Jack Queen (Reuters) -President Donald Trump is free to bar the Associated Press from some White House media events…
STMicro to cut 5,000 jobs in next 3 years, says CEO
By Nathan Vifflin (Reuters) -STMicroelectronics expects 5,000 staff to leave the company in the next three years, including 2,800 job…
Apple and Alibaba’s AI rollout in China delayed by Trump’s trade war, FT reports
(Reuters) – Apple and Alibaba’s rollout of artificial intelligence services in China is being delayed by a Beijing regulator, the…