By Nell Mackenzie and Anirudh Saligrama (Reuters) -Blackstone plans to close a fund that exposes investors to a variety of hedge funds and trading strategies after assets fell almost 90% in four years, the company told Reuters on Tuesday. The…
By Alex Lawler LONDON (Reuters) - Saudi Arabia, Russia and other members of OPEC are scheduled to meet in Vienna on Sunday and could make further changes to an agreement that already limits supply into 2024, according to analysts and…
By Michelle Price and Carolina Mandl WASHINGTON (Reuters) - Facing a wave of new rules and encouraged by a sympathetic judiciary, U.S. financial firms and their trade groups are growing bolder about fighting Democratic President Joe Biden's regulators in court.…
A look at the day ahead in U.S. and global markets from Mike Dolan A cocktail of renewed AI excitement, Nvidia's imminent earnings update, an impressive 20-year Treasury auction and a leveling off of crude oil prices has invigorated the…
By Chris Taylor NEW YORK (Reuters) - Danielle Miura had a lot of dreams for what her life might look like at age 25. Then life stepped in. Suddenly the financial planner from Ripon, California, was thrust into the role…
By Kane Wu and Granth Vanaik (Reuters) -McDonald's said it had struck a deal to ramp up its stake in its China business to just under 50%, expressing confidence in the burger chain's growth prospects in the world's second-largest economy.…
By Jeffrey Dastin, Anna Tong, Akash Sriram and Krystal Hu SAN FRANCISCO (Reuters) -OpenAI named ex-Twitch boss Emmett Shear as interim CEO, while outgoing chief Sam Altman moved to backer Microsoft, in a surprise turn of events that clouded the…
By David Shepardson (Reuters) -General Motors said on Monday it will not advertise in the 2024 Super Bowl, the first time since 2019 it will sit out the heavily watched NFL championship game as it cuts marketing costs as part…
By Chris Prentice and Wayne Cole NEW YORK/SYDNEY (Reuters) -The U.S. dollar dropped to its lowest in more than two months on Monday on expectations that U.S. interest rates have peaked, while Wall Street's three major stock indexes closed at…
(Reuters) - Deadly strikes hit the Gaza home of a news photographer days after an Israeli media advocacy group questioned his coverage of Hamas' Oct. 7, prompting death threats against him on social media. Yasser Qudih, who survived the strikes…