Oil prices inch down on weaker US consumer demand ahead of China data
By Colleen Howe Oil prices slipped in early Asian trading on Monday after a survey on Friday showed weaker U.S. consumer demand and as traders
Goldman Sachs raises S&P 500 year-end target to 5,600
(Reuters) – Goldman Sachs has raised its 2024 year-end target for the S&P 500 Index to 5,600 from 5,200 earlier, citing strong earnings growth by
Chile lithium miner SQM reaches supply deal with Hyundai, Kia
SANTIAGO (Reuters) -Chilean lithium miner SQM, the world’s second-largest lithium producer, said on Monday it had reached a long-term supply deal with Hyundai and Kia
US Treasury, IRS to close $50 billion tax loophole on partnerships
By David Lawder WASHINGTON (Reuters) -The U.S. Treasury and Internal Revenue Service said on Monday they will close a tax loophole exploited by large, complex
Biden slams Supreme Court at $28 million fundraiser with Obama, Clooney, Julia Roberts
By Andrea Shalal and Nandita Bose LOS ANGELES (Reuters) -President Joe Biden slammed the U.S. Supreme Court as “out of kilter” at a glitzy fundraiser
Pope Francis tells G7 that humans must not lose control of AI
BORGO EGNAZIA, Italy (Reuters) – Pope Francis became the first pontiff to address a Group of Seven summit on Friday, warning world leaders that Artificial
G7 confronts China on commerce, pope talks about AI
By Andrea Shalal and John Irish BORGO EGNAZIA, Italy (Reuters) -Pope Francis made an historic appearance at the Group of Seven summit on Friday to
OpenAI CEO says company could become benefit corporation- The Information
(Reuters) -OpenAI CEO Sam Altman told some shareholders that the company is considering changing its governance structure to a for-profit business that OpenAI’s nonprofit board
Retail stocks search for direction as rates stay high
By David Randall and Lewis Krauskopf NEW YORK (Reuters) – Elevated U.S. interest rates are pressuring the U.S. retail sector, where shares of many companies
Nasdaq manages 5th straight record high close; S&P 500 ends barely lower
By Caroline Valetkevitch NEW YORK (Reuters) -The Nasdaq eked out a fifth straight record closing high on Friday following gains in Adobe and other technology-related