SYDNEY (Reuters) -Meta will block Australian users under 16 from accessing Instagram, Facebook and Threads by December 10 to comply with the country’s sweeping social media ban for teenagers, the company said on Thursday. The company said it had begun notifying users it believed were between 13 and 15 years old that their accounts will be…
(Reuters) -Walmart said on Thursday it would move its longtime listing on the New York Stock Exchange to Nasdaq, joining the tech-heavy exchange as one of its most valuable members. The shift, scheduled for December 9, underscores the retail giant’s push to become more technology-focused — from integrating artificial intelligence across operations to accelerating e-commerce…
By Fergal Smith TORONTO (Reuters) -Canada’s main stock index fell to a 10-day low on Monday as worries about the sustainability of the spending boom around artificial intelligence offset an easing of domestic inflation pressures. The S&P/TSX composite index ended down 250.25 points, or 0.8%, at 30,076.21, its lowest closing level since November 7. Wall…
New Way to Earn Passive Income in Crypto in 2025 Musk’s Big Prediction for 2025 [sponsor] Today’s Breaking News US Social Security scraps plan to limit disability benefits, WaPo reports The policy would have changed eligibility for two federal disability programs by either eliminating or limiting the age of the claimant as a factor for consideration,…
By Matt Tracy WASHINGTON (Reuters) -U.S. corporate credit spreads widened on Monday as the U.S. stock market closed below a key technical indicator for the first time in months. The average option-adjusted spread on U.S. high-yield corporate credit, or the premium over Treasury spreads paid by companies to borrow, widened six basis points between Friday…
(Reuters) -U.S. President Donald Trump’s lavish welcome of Crown Prince Mohammed bin Salman to Washington this week, touted by many as rehabilitation of human rights record of Saudi Arabia’s de facto ruler, has been followed by the kingdom ramping up its planned U.S. investments to $1 trillion. The move marks a remarkable increase from the…
(Reuters) -Shares in Amkor Technology rose more than 8% in after-the-bell trading on Wednesday during Nvidia’s conference call after the AI chip leader’s chief financial officer named Amkor among companies it plans to work with on chip packaging. Amkor shares were last at $33.58 after hitting a high of $34.75 after closing the regular session up 2.4%…
(Reuters) -The Social Security Administration has scrapped a plan that would have stopped thousands of Americans from qualifying for disability benefits, the Washington Post reported on Wednesday, citing people familiar with the decision. The policy would have changed eligibility for two federal disability programs by either eliminating or limiting the age of the claimant as…
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Governor Stephen Miran on Friday said that if stablecoins end up enjoying widespread adoption it could mean the central bank needs to keep short-term interest rates lower than they would otherwise be. “Even relatively conservative estimates of stablecoin growth imply an increase in the net supply…
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Governor Stephen Miran on Friday said that if stablecoins end up enjoying widespread adoption it could mean the central bank needs to keep short-term interest rates lower than they would otherwise be. “Even relatively conservative estimates of stablecoin growth imply an increase in the net supply…
