(Reuters) -Federal Reserve Chair Jerome Powell on Thursday responded to a Trump administration official’s demands for information about cost overruns…
Broadcom launches new Tomahawk Ultra networking chip in AI battle against Nvidia
By Max A. Cherney SAN FRANCISCO (Reuters) -Broadcom’s chip unit unveiled on Tuesday a new networking processor that aims to…
Blackstone and US utility PPL to build gas power plants in JV partnership
By Laila Kearney and Sumit Saha (Reuters) -Pennsylvania electric and gas utility PPL and Blackstone Infrastructure have formed a joint…
US farm agency ends program to support small businesses
By Leah Douglas WASHINGTON (Reuters) -The U.S. Department of Agriculture said on Tuesday it would cut funding for a national…
US, allies agree August deadline for Iran nuclear deal, Axios reports
(Reuters) -U.S. Secretary of State Marco Rubio and the foreign ministers of France, Germany and the UK agreed in a…
Fed minutes likely to shine light on divide over tariffs, rates outlook
By Howard Schneider WASHINGTON (Reuters) -The minutes from the Federal Reserve’s June 17-18 policy meeting are expected on Wednesday to…
Trump hosts five African leaders as tariffs, aid cuts bite
WASHINGTON (Reuters) -President Donald Trump meets with leaders from five African nations on Wednesday as the U.S. leader ramps up…
Google says discord over search results is unresolved; risks EU antitrust fine
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google said it failed this week to resolve disagreements with hotels, airlines and…
Analysis-Copper glut driven by tariff threat to deflate US price bubble
By Pratima Desai LONDON (Reuters) -U.S. President Donald Trump’s 50% tariff on copper has placed a record premium on prices…
Tesla short sellers set to pocket about $1.4 billion in profits after stock slump
(Reuters) -Traders are set to make about $1.4 billion in paper profits from their short positions in Tesla shares on…