Reuters US Business

By Scott DiSavino (Reuters) -U.S. natural gas futures dropped about 6% to a two-week low on Thursday on a surprise storage build and forecasts for milder weather and less demand next week than previously expected. Energy traders noted that forecast decline in gas demand should allow utilities to keep adding the fuel to storage in …

US natural gas prices drop 6% to two-week low on surprise storage build, lower demand Read More »

By Jaspreet Singh and Akash Sriram (Reuters) -Perplexity AI is in talks to raise funds at an $18 billion valuation, a person familiar with the matter told Reuters on Thursday, as the Nvidia-backed startup looks to grow and capture soaring demand for its search tools. The jump in valuation doubles the previous $9 billion figure, …

Perplexity AI in talks to raise funds at $18 billion valuation, source says Read More »

By Stephen Nellis SAN JOSE, California (Reuters) -Nvidia will open a quantum computing research lab in Boston, where it plans to collaborate with scientists from Harvard University and the Massachusetts Institute of Technology, CEO Jensen Huang said on Thursday. Huang made the announcement at Nvidia’s annual software developer conference in San Jose, California, where Nvidia held …

Nvidia to open quantum computing lab, CEO says Read More »

By Abhinav Parmar (Reuters) – Washington’s temporary relief for import tariffs on goods covered under the U.S.-Mexico-Canada Agreement (USMCA) has triggered a spike in US companies seeking exemption under the trade deal, industry experts said. The White House slapped fresh 25% tariffs on goods from Canada and Mexico on March 5, but later announced that …

US companies race to secure import tariff exemptions after Trump pause Read More »

By Priyanka G and Akash Sriram (Reuters) -Consultancy firm Accenture said on Thursday the Trump administration’s efforts to reduce federal spending have led to delays and cancellations of new contracts, sending the company’s shares down more than 6%. The new U.S. administration and its Department of Government Efficiency (DOGE), led by billionaire Elon Musk, have …

Accenture flags federal contract cancellations, delays as US curbs spending Read More »

By David Shepardson WASHINGTON (Reuters) -The White House this week forced Amtrak CEO Stephen Gardner to step down as head of the U.S. passenger railroad after President Donald Trump sought the changes, two sources told Reuters. Gardner said on Wednesday he will resign immediately, ending more than four years as head of the railroad, citing …

White House forces out CEO of passenger railroad Amtrak Read More »

By Lauren Young NEW YORK – This was originally published in the On The Money newsletter, where we share U.S. personal finance tips and insights every other week. Sign up here to receive it for free.  “The Entire World is RIPPING US OFF!!!” U.S. President Donald Trump recently wrote on his Truth Social platform. Last …

Is the U.S. heading for a recession? Read More »