By Stephen Culp NEW YORK (Reuters) - U.S. stocks closed lower on Friday, capping a week dominated by Federal Reserve Chairman Jerome Powell's testimony in which he signaled more interest rate hikes ahead but vowed the central bank would proceed…
By Aditya Kalra, Munsif Vengattil and Aditi Shah NEW DELHI (Reuters) - Elon Musk is eager to bring his Starlink satellite broadband to India, but the world's richest man faces strong resistance from Mukesh Ambani, Asia's wealthiest, who runs Indian…
By Ann Saphir SAN FRANCISCO (Reuters) -Pandemic-related snarls in global supply chains have mostly receded, but their after-effects still account for a big chunk of excess U.S. inflation, an analysis published Tuesday by the San Francisco Federal Reserve Bank showed.…
By Philip Pullella VATICAN CITY (Reuters) - U.S. climate envoy John Kerry said on Monday that the United States and China - the world's two biggest greenhouse gas emitters - must create a partnership to tackle climate change without allowing…
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Fear of missing out on the recent stock market rally is driving traders in the U.S. equity options market to lap up bullish derivative contracts at a hectic pace, further fueling gains…
By Jeffrey Dastin and Anna Tong SAN FRANCISCO (Reuters) - Alphabet Inc is cautioning employees about how they use chatbots, including its own Bard, at the same time as it markets the program around the world, four people familiar with…
By Lucia Mutikani WASHINGTON (Reuters) - U.S. producer prices fell more than expected in May as the costs of energy goods and food declined, signaling that inflation pressures were abating throughout the economy and could eventually provide relief to consumers.…
By Katie Paul NEW YORK (Reuters) - Meta Platforms said on Tuesday that it would provide researchers with access to components of a new "human-like" artificial intelligence model that it said can analyze and complete unfinished images more accurately than…
(Reuters) -Billionaire financier George Soros is handing control of his massive empire to his son Alexander, a Soros spokesperson said on Sunday. The spokesperson confirmed the details from an interview with Soros published in The Wall Street Journal on Sunday.…
By Foo Yun Chee BRUSSELS (Reuters) - Meta Platforms' Instagram, Alphabet's YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC complained to the European Commission and consumer authorities that the online platforms allegedly facilitate the misleading…