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 rates and house prices reduced
Crucial Nvidia results to set the course for faltering ‘Magnificent Seven’
By Aditya Soni (Reuters) – Nvidia’s much-awaited results – seen as a barometer of AI chip demand – on Wednesday could prove to be a
US copper price premium soars to record after Trump tariff moves
LONDON (Reuters) – The price of copper in the United States rocketed on Monday after U.S. President Donald Trump pushed forward his plans to slap
Factbox-Details of 110 billion euros in investment pledges at France’s AI summit
PARIS (Reuters) – French President Emmanuel Macron on Monday announced investment pledges to bolster France’s artificial intelligence sector totalling 109 billion euros ($112 billion)over the
Tesla’s market value tumbles below $1 trillion as its Europe sales slump
By Noel Randewich (Reuters) – Tesla’s stock tumbled 8% on Tuesday, pushing its market value below $1 trillion for the first time since November after
US bank profits climb as regulator adjusts ‘problem bank’ tracking
By Pete Schroeder WASHINGTON (Reuters) – U.S. banking sector profits rose 2.3% to $66.8 billion in the fourth quarter of 2024, a bank regulator reported
Trump blocked from imposing sweeping federal funding freeze
(Reuters) – A U.S. judge on Tuesday extended an order blocking President Donald Trump’s administration from instituting a sweeping freeze on trillions of dollars in
Meta must face lawsuit claiming it prefers cheaper foreign workers
By Jonathan Stempel (Reuters) – A federal judge on Tuesday said Meta Platforms must face a lawsuit claiming that the Facebook and Instagram parent prefers
JPMorgan CEO Jamie Dimon reaffirms DEI commitment despite industry shift, CNBC reports
(Reuters) – JPMorgan Chase will continue its diversity efforts, its CEO Jamie Dimon said in an interview with CNBC on Monday, despite a broader corporate
Putin holds meeting on rare earth metals, aims to significantly boost output
MOSCOW (Reuters) – Russian President Vladimir Putin held a meeting with officials on Monday to discuss rare earth metals production, which he described as a