Reuters US Business

By Lewis Krauskopf NEW YORK (Reuters) -U.S. stocks have hit a string of record highs with minimal turbulence over the past few months, but investors say the rally could be undermined by persistently high inflation, possible earnings disappointments and elevated valuations. The S&P 500 has posted 25 record closing highs over the past three months …

Relentless US stocks rally could teeter on inflation, earnings, valuation risks Read More »

(Reuters) -Australian casino operator Star Entertainment Group said on Thursday that the Queensland government had deferred the suspension of its Gold Coast casino licence to September 30, 2026.  The cash-strapped casino operator said the government also extended the appointment of an external advisor for Star Brisbane until next September. The deferral comes after regulator-appointed Special …

Star Entertainment’s Gold Coast casino licence suspension deferred until 2026 Read More »

SYDNEY (Reuters) -Job vacancies in Australia fell back in the August quarter, led by a drop in the private sector, while the number of unemployed per opening edged higher, pointing to a slight loosening of the labour market. Figures from the Australian Bureau of Statistics (ABS) out on Thursday showed vacancies fell 2.7% in the …

Australian job vacancies fall in August quarter, led by private sector Read More »

By Stephen Nellis SANTA CLARA, California – (Reuters) -The computing chips that power artificial intelligence consume a lot of electricity. On Wednesday, the world’s biggest manufacturer of those chips showed off a new strategy to make them more energy efficient: Using AI-powered software to design them. At a conference in Silicon Valley, Taiwan Semiconductor Manufacturing Co, …

TSMC, chip design software firms tap AI to help chips use less energy  Read More »

By Stephen Nellis SAN FRANCISCO (Reuters) -Qualcomm on Wednesday announced a suite of new chips for PCs and phones, including a PC chip with a new security feature for businesses that analysts say is likely the first of its kind. San Diego-based Qualcomm is one of the world’s biggest sellers of the chips at the …

Qualcomm showcases new PC chip with features aimed at business market   Read More »