Struggling Dow transport stocks could be economic warning signal
By Lewis Krauskopf NEW YORK (Reuters) – It’s been a banner year for the major U.S. stock indexes, but one economically sensitive corner of the
US refiners boosting fuel output past 90% of capacity for summer driving season
By Erwin Seba and Nicole Jao HOUSTON (Reuters) – U.S. crude oil refiners aim to operate above 90% of their combined processing capacity for the
Trump Media drops after Donald Trump found guilty in hush money case
By Medha Singh (Reuters) -Shares of Trump Media & Technology Group fell about 5% in choppy trading on Friday, after a jury found former U.S.
Fed’s Goolsbee says inflation could still fall without rising unemployment
WASHINGTON (Reuters) – U.S. Federal Reserve officials are “trying to wrap their head around” whether further improvement in inflation will require higher unemployment, with less
OpenAI responds to warnings of self governance by former board members, the Economist reports
(Reuters) – OpenAI’s board on Thursday pushed back on allegations from its former members that concerns over artificial intelligence safety at the startup necessitated Sam
Salesforce plummets as weak forecast sparks concerns of AI competition
By Kanchana Chakravarty and Arsheeya Bajwa (Reuters) -Salesforce shares slumped about 18% on Thursday, after its lowest-ever quarterly revenue growth forecast raised fears that high
Billionaire investor Ackman considering backing Trump in US election, source says
By Carolina Mandl (Reuters) -Billionaire hedge fund manager Bill Ackman is considering endorsing Donald Trump as the former U.S. president seeks to return to the
Meta identifies networks pushing deceptive content likely generated by AI
NEW YORK (Reuters) – Meta said on Wednesday it had found “likely AI-generated” content used deceptively on its Facebook and Instagram platforms, including comments praising
Musk’s $56 billion pay package opposed by CalPERS CEO, CNBC reports
(Reuters) -The California Public Employees Retirement System (CalPERS) CEO Marcie Frost is planning to oppose Tesla CEO Elon Musk’s $56 billion pay package, CNBC reported
Visa, Mastercard to pay $197 million to settle consumer ATM fee lawsuit
By Mike Scarcella (Reuters) – Visa and Mastercard have agreed to pay $197 million to resolve a class action by millions of consumers accusing the