(Reuters) – Tesla raised the prices of its Model X cars in the United States by $5,000 on Thursday, according to its website. The Model X all-wheel drive will now cost $84,990, a jump from its previous price of $79,990, the EV maker said, adding that the plaid variant, which was priced at $94,990, will …
Tesla raises prices of Model X cars in US by $5,000 Read More »
By Jeffrey Dastin (Reuters) -The U.S. delegation to a major artificial intelligence summit in Paris next week will not include technical staff from the country’s AI Safety Institute, two people close to Washington’s plans for the event and a third source briefed on the matter told Reuters. Vice President JD Vance is leading the U.S. …
By Arathy Somasekhar HOUSTON (Reuters) – An emerging trade war between the United States and China could drive U.S. crude exports lower in 2025 for the first time since the pandemic by reducing access to the Chinese market, according to analysts. That outlook reflects a potential unintended consequence of President Donald Trump’s protectionist policies, running …
China tariffs could drive US crude exports lower in 2025 Read More »
By Promit Mukherjee OTTAWA (Reuters) -Bank of Canada Governor Tiff Macklem said on Thursday a policy shift in the U.S. was causing uncertainty and President Donald Trump’s tariff threats were already impacting businesses and households. Trump agreed on Monday to temporarily pause a 25% levy on almost all imports from Canada and Mexico, which if …
Bank of Canada governor says Trump’s tariffs threat already having an impact Read More »
By Abigail Summerville and Sukriti Gupta (Reuters) -The S&P 500 and the Nasdaq ended higher while the Dow closed lower after a choppy trading session on Thursday, as investors sifted through earnings reports and awaited Amazon’s results after the bell and a key jobs report on Friday. Amazon.com ticked up 1.1% ahead of its earnings …
Wall Street ends mixed in choppy trading; Amazon, jobs report in focus Read More »
By Zaheer Kachwala (Reuters) -Take-Two Interactive Software forecast its fourth-quarter bookings below estimates on Thursday, owing to weaker spending on mobile games as consumers grapple with economic uncertainties and still-high inflation. The videogame industry has experienced two tumultuous years marked by industry-wide layoffs, studio closures and project cancellations, owing to high borrowing costs and weak …
Take-Two forecasts downbeat Q4 bookings, reiterates ‘GTA VI’ launch in fall Read More »
WASHINGTON (Reuters) – U.S. defense contractor Lockheed Martin Corporation has agreed to pay $29.74 million to settle allegations of defective pricing on contracts for F-35 military aircraft, the U.S. Justice Department said on Thursday. The payment is in addition to $11.3 million the company previously paid to the Department of Defense for the same undisclosed …
Lockheed Martin settles US allegations of defective pricing on F-35 contracts Read More »
(Reuters) – Franklin Templeton Investments is seeking regulatory approval to launch a new crypto index exchange-traded fund, the firm said on Thursday, as asset managers hope to cash in on the crypto wave amid Donald Trump’s victory in U.S. presidential elections. Trump embraced digital assets during his campaign, promising to make the U.S. the “crypto …
Franklin Templeton seeks SEC approval to launch new crypto index ETF Read More »
(Rueters) – Dallas Federal Reserve Bank President Lorie Logan on Thursday signaled she was ready to keep interest rates on hold for “quite some time” even if inflation drops closer to the Fed’s 2% goal, as long as the labor market does not falter. She said she would view the combination of slowing inflation and …
Dallas Fed’s Logan signals rate cuts require US labor market cooling Read More »
By Leika Kihara TOKYO (Reuters) – The Bank of Japan is increasingly blaming chronic labour shortages, not stagnant demand, as the main reason for its weak economic activity, a justification it may use to lift interest rates beyond what was initially expected. From factories to hotels to restaurants, Japanese businesses are struggling to hit full …
Analysis-BOJ’s fresh take on labour crunch opens door for more rate hikes Read More »
