LOS ANGELES (Reuters) - The SAG-AFTRA actors union and the group representing major Hollywood studios agreed not to talk to the media during contract talks that started on Wednesday. The actors' union is seeking pay increases and protections around the…
By Hyunjoo Jin and David Shepardson SAN FRANCISCO/WASHINGTON (Reuters) -Tesla Inc's rapid adjustment of its battery supply chain means all of its Model 3 vehicles qualify for federal U.S. credits that, along with other tax breaks, could lower its price…
By Noel Randewich and Shristi Achar A (Reuters) - The S&P 500 ended lower on Monday as investors weighed whether the U.S. Federal Reserve might pause its interest rate hikes at its upcoming policy meeting, while Apple briefly hit a…
By Rachael Levy, Krystal Hu and Marisa Taylor (Reuters) - Elon Musk's brain implant startup Neuralink, which was valued at close to $2 billion in a private fundraising round two years ago, is now worth around $5 billion based on…
LONDON (Reuters) - Investors have poured $756 billion into cash funds this year, Bank of America said in a note on Friday, attracted by juicy yields and driven by concerns about banks. The rush into money market funds continued in…
By Steve Holland, Moira Warburton and Rami Ayyub WASHINGTON (Reuters) -Democratic President Joe Biden and a Republican negotiator said on Friday they were working on a deal to raise the U.S. government's $31.4 trillion debt ceiling after the Treasury Department…
By David Randall NEW YORK (Reuters) - A last-minute deal to raise the U.S. $31.4 trillion debt ceiling will likely shift Wall Street's attention to other emerging risks, including further Federal Reserve interest rate hikes and an expected reduction in…
By Laura Matthews NEW YORK (Reuters) -Some corporate treasurers are stepping up their contingency plans to address any upcoming funding and liquidity needs to get ahead of the risk of debt default as talks in Washington drag on, finance executives…
By Sinéad Carew and Stephen Nellis NEW YORK/SAN FRANCISCO (Reuters) - The Philadelphia semiconductor index hit its highest level in more than a year on Thursday and eyed its biggest one-day percentage gain in six months with artificial intelligence (AI)…
By Noel Randewich and Shreyashi Sanyal (Reuters) - Wall Street ended sharply higher on Thursday after a blowout forecast from Nvidia sent the chipmaker's stock soaring and fueled a rally in AI-related companies, while investors watched for signs of progress…