By Howard Schneider WASHINGTON (Reuters) – St. Louis Federal Reserve President Alberto Musalem said on Monday he expects the U.S.…
Trump trade threats compound global ocean shipping uncertainty
By Lisa Baertlein LONG BEACH, California (Reuters) -The global ocean shipping industry that handles 80% of world trade is navigating…
Silicon Valley Bank’s former parent can pursue $1.93 billion FDIC lawsuit
By Jonathan Stempel (Reuters) – Silicon Valley Bank’s former parent may pursue a lawsuit to recover $1.93 billion of deposits…
Trump’s proposed auto tariffs seen hitting demand for platinum group metals
By Ashitha Shivaprasad and Shivansh Tiwary (Reuters) – Demand for industrial precious metals platinum and palladium will likely fall if…
Intel delays $28 billion Ohio chip factories to 2030, local media reports
(Reuters) – Intel’s promised $28 billion chip fabrication plants in Ohio are facing further delays, with the first factory in…
Rising investor angst about economy to be tested by US jobs data
By Lewis Krauskopf (Reuters) – The stakes are high for the monthly U.S. jobs report in the coming week, as…
Flu vaccine panel meeting canceled, US FDA confirms
(Reuters) -The U.S. Food and Drug Administration confirmed on Thursday that a meeting of its independent advisory panel to discuss…
US pending home sales tumble to record low in January
WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes plunged to a record low in January as higher mortgage…
Microsoft urges Trump to overhaul Biden’s last AI-chip export curbs
(Reuters) -Microsoft has urged President Donald Trump’s team to ease export restrictions imposed on artificial intelligence chips in the closing…
Amazon unveils quantum chip, aiming to shave years off development time
By Stephen Nellis (Reuters) – Amazon Web Services on Thursday showed a quantum computing chip with new technology that it…