(Reuters) – The average interest rate on the most popular U.S. home loan dropped to its lowest level since September as more evidence inflation is past its peak sent Treasury yields lower, data[...]
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Tesla, Musk face trial in shareholder case over 2018 tweets
By Jody Godoy (Reuters) – Elon Musk and Tesla Inc are set to go to trial in San Francisco on Tuesday in a case where the company’s shareholders claim they were defrauded by Musk’s 20[...]
Read moreAirlines’ U.S. operations return to normal as FAA investigates outage
By David Shepardson and Rajesh Kumar Singh WASHINGTON/CHICAGO (Reuters) -U.S. airline operations returned to normal on Thursday even as the Federal Aviation Administration (FAA) continues to investiga[...]
Read moreLighting maker Signify cuts 2022 outlook again on China, business lighting
(Reuters) -Signify NV, the world’s biggest maker of lights, on Thursday again cut its full-year 2022 profit margin and sales guidance, citing a steeper than expected slowdown in China and lower[...]
Read moreBlackRock’s iShares flows top Vanguard’s ETFs, fixed income on the up
By Davide Barbuscia NEW YORK (Reuters) – BlackRock’s iShares exchange traded funds (ETFs) gained more net flows than Vanguard’s ETFs last year, according to estimates from industry t[...]
Read moreGoldman Sachs readies biggest layoffs since the financial crisis
By Saeed Azhar and Scott Murdoch (Reuters) -Goldman Sachs Group will start cutting thousands of jobs across the firm from Wednesday, two sources familiar with the move said, as it prepares for a tough[...]
Read moreOil jumps 3% on demand optimism as China borders reopen
By Alex Lawler LONDON (Reuters) -Oil extended gains on Monday, rising more than 3% after China’s move to reopen its borders boosted the outlook for fuel demand and overshadowed global recession[...]
Read moreUS payrolls show labor market remains strong but wages rises cool
NEW YORK (Reuters) – The U.S. economy maintained a strong pace of job growth in December, with the unemployment rate falling to 3.5%, but higher borrowing costs as the Federal Reserve fights inf[...]
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