Kroger lifts sales target as cautious Americans buy cheaper groceries
By Juveria Tabassum (Reuters) -U.S. grocer Kroger bumped up its annual sales growth forecast on Friday and said it would…
2025
Still early to assess tariff impact on economy, Fed report says
(Reuters) -The Federal Reserve’s latest Monetary Policy Report to Congress, released on Friday, said U.S. inflation is somewhat elevated and…
US sanctions target those providing Iran with defense machinery, Houthi oil trading
WASHINGTON (Reuters) -The Trump administration said on Friday it had issued fresh Iran-related sanctions targeting eight entities, one vessel and…
Musk’s xAi increases yield offer on $5 billion debt raise, source says
By Tatiana Bautzer NEW YORK (Reuters) -Elon Musk’s xAi is increasing the yield it is offering on a $5 billion…
Trump knocks Fed’s Powell, muses about appointing himself to lead central bank
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Trump knocks Fed’s Powell, muses about appointing himself to lead central bank
By Jeff Mason and Susan Heavey WASHINGTON (Reuters) -U.S. President Donald Trump on Wednesday knocked Federal Reserve Chair Jerome Powell…
Nvidia-backed AI startup SandboxAQ creates new data to speed up drug discovery
By Stephen Nellis SAN FRANCISCO (Reuters) -SandboxAQ, an artificial intelligence startup spun out of Alphabet’s Google and backed by Nvidia,…
US FDA approves Gilead’s twice-yearly injection for HIV prevention
By Deena Beasley and Julie Steenhuysen (Reuters) -The U.S. Food and Drug Administration on Wednesday approved Gilead Sciences lenacapavir, a…
Fed’s Powell cautions little conviction in forecasted rate outlook
By Michael S. Derby (Reuters) -Federal Reserve Chairman Jerome Powell cautioned on Wednesday not to place too much stock in…
Amazon’s corporate workforce may shrink as AI takes over routine tasks
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