Analysis-Market slide frays investors’ nerves with AI trade, rate-cut doubts
Daily Trader Insights By Lewis Krauskopf NEW YORK (Reuters) -The biggest U.S. stocks pullback in months is fraying...
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BofA says AI is boosting bankers’ productivity, revenue
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) -Bank of America plans to spend...
US probes telecom firms after BlackRock’s HPS uncovers alleged $400M fraud, Financial Times reports
(Reuters) -U.S. prosecutors are probing a group of telecoms firms after BlackRock’s private credit arm,...
Goldman Sachs sees continued central bank gold buying in November
(Reuters) -Central banks likely bought large amounts of gold in November in a multi-year trend...
Trump’s coffee tariff change helps US roasters, hurts Brazil
By Marcelo Teixeira, Roberto Samora and Oliver Griffin NEW YORK (Reuters) -The Trump administration’s decision...
Analysis-Investors and business decry British budget messaging ‘fiasco’
By Andy Bruce MANCHESTER, England (Reuters) -Confusing messages about Britain’s budget this month are undermining...
Bitcoin sinks to six-month low as risk-off sentiment persists
By Gertrude Chavez-Dreyfuss and Samuel Indyk NEW YORK/LONDON (Reuters) -Bitcoin dropped to its lowest level...
Apple intensifies succession planning for CEO Tim Cook, FT reports
(Reuters) -Apple is stepping up its succession planning efforts as it prepares for Tim Cook...
Tesla requires suppliers to avoid China-made parts for US cars, WSJ reports
(Reuters) -Tesla is now requiring its suppliers to exclude China-made components in the manufacturing of...
Walmart insider John Furner to steer next chapter amid AI bets and economic turbulence
By Siddharth Cavale -In 2020, as COVID-19 raged, John Furner – then chief of Walmart’s...