Jul 25, 2023
Twitter blue bird has flown as Musk says X logo is here

By Supantha Mukherjee, Martin Coulter and Sheila Dang (Reuters) -After 17 years with an iconic blue bird that came to symbolize the broadcasting of ideas to the world, billionaire Elon Musk renamed Twitter as X and unveiled a new logo,…

Jul 25, 2023
US dollar flat as market awaits clarity from central banks

By Laura Matthews NEW YORK (Reuters) - The dollar was flat against a basket of its major peers on Tuesday, as investors hope a trio of central bank meetings this week will provide guidance on the outlook for monetary policy.…

Jul 25, 2023
GM shares fall as automaker outlines new cost-cutting drive

By Joseph White and Paul Lienert DETROIT (Reuters) -General Motors is wrestling with costs and struggling to build more electric vehicles, as it reported Tuesday that adjusted pre-tax profit and margins in its key North American market fell from the…

Jul 21, 2023
Stocks end mixed; Dow up for tenth straight day

By Noel Randewich and Bansari Mayur Kamdar (Reuters) - U.S. stocks ended mixed on Friday, with the Dow Jones Industrial Average rising marginally to notch its 10th straight day of advances, its longest rally in almost six years. The blue-chip…

Jul 20, 2023
US labor market still tight; housing market slump persists

By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, touching the lowest level in two months amid ongoing labor market tightness and defying efforts by the Federal Reserve to…

Jul 19, 2023
Move over, bitcoin: El Salvador sovereign bonds not done rallying

By Rodrigo Campos NEW YORK (Reuters) -Investors in El Salvador international bonds are relishing 60% returns this year alone as debt issued by the Central American country recovers from calls of doom and default, with some betting the rally is…

Jul 18, 2023
TikTok, Warner Music Group to partner in music licensing deal

(Reuters) - Warner Music Group, the record label conglomerate behind artists such as Radiohead, AC/DC and Madonna, has signed a licensing deal with Chinese short-video app TikTok to boost its social media revenues. The multi-year deal will help Warner Music's…

Jul 17, 2023
Wall St ends higher with earnings poised to ramp up

By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks ended higher to kick off the trading week on Monday, buoyed by gains in financial and technology shares as investors awaited the next round of quarterly results this week as earnings…