Gold set for best week in five on renewed US rate-cut hopes
By Ashitha Shivaprasad (Reuters) – Gold prices firmed on Friday, poised for their best week since April 5, following recent…
Business
US Post Office chief defends restructuring plan as net loss narrows
By David Shepardson WASHINGTON (Reuters) -U.S. Postmaster General Louis DeJoy defended the Postal Service’s 10-year restructuring plan in the face…
Ford mulls offering gas-powered vehicles, hybrids in Europe beyond 2030
(Reuters) – Ford Motor is considering offering gas-powered vehicles and hybrids beyond 2030 in Europe, a change from its initial…
Apple to power AI servers with its chips, Bloomberg News reports
(Reuters) – Apple will deliver some of its upcoming artificial intelligence features this year through data centers powered by its…
US FAA opens probe into Boeing 787 inspections
By David Shepardson and Allison Lampert WASHINGTON (Reuters) -The Federal Aviation Administration said on Monday it has opened an investigation…
Fed’s Williams says next Fed move likely to be lower rates
By Michael S. Derby (Reuters) – Federal Reserve Bank of New York President John Williams said Monday that at some…
Bracing for shallow Fed easing, bond investors take the middle of the curve road
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -Bond investors are selectively adding longer-dated maturities to their portfolios on bets the Federal…
US newspapers sue OpenAI for copyright infringement over AI training
By Blake Brittain (Reuters) – A group of newspapers, including the New York Daily News and Chicago Tribune, sued Microsoft…
More automakers plug into Tesla’s EV charging network
(Reuters) -More automakers signed up to access Tesla’s electric-vehicle charging infrastructure across the United States, taking the Elon Musk-led company’s…
US labor official calls on companies to exit China’s Xinjiang
WASHINGTON (Reuters) -International companies cannot responsibly operate in Xinjiang and should leave the western Chinese region due to forced labor…