Exclusive-Fed’s Daly says time is nearing for rate cuts, may need more than two
By Ann Saphir (Reuters) -San Francisco Federal Reserve Bank President Mary Daly on Monday said that given mounting evidence that…
Google agrees to curb power use for AI data centers to ease strain on US grid when demand surges
By Laila Kearney NEW YORK, August 4 (Reuters) -Google has signed agreements with two U.S. electric utilities to reduce its…
Tyson Foods boosts revenue forecast as chicken sales rise
By Tom Polansek and Neil J Kanatt (Reuters) -Tyson Foods raised its annual revenue forecast and reported better-than-expected quarterly earnings…
Trump says Fed’s Powell should be put ‘out to pasture’
WASHINGTON (Reuters) -U.S. President Donald Trump said on Friday that Federal Reverse Chairman Jerome Powell should be “put out to…
Stocks tumble on latest tariffs, soft jobs data
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks slumped on Friday, with the S&P on track for its biggest daily…
Apple’s tariff-fueled iPhone sales surge raises doubts about sustainability
By Harshita Mary Varghese and Joel Jose (Reuters) -Apple’s best revenue growth in three years failed to impress, with shares…
Amazon tumbles after cloud computing growth disappoints investors
By Aditya Soni and Kanchana Chakravarty (Reuters) -Amazon.com shares <AMZN.O> fell 7% on Friday as the tech giant’s results fanned…
US winds down exports of LPG to Venezuela, Treasury says
WASHINGTON (Reuters) -The Trump administration on Monday wound down a license allowing shipments of liquefied petroleum gas (LPG) to Venezuela’s…
Tesla short sellers set to pocket about $1.4 billion in profits after stock slump
(Reuters) -Traders are set to make about $1.4 billion in paper profits from their short positions in Tesla shares on…
Apple takes fight against $587 million EU antitrust fine to court
By Foo Yun Chee BRUSSELS (Reuters) -Apple took a challenge against EU regulators to Europe’s second highest court on Monday…