By Sinéad Carew and Amruta Khandekar (Reuters) - Wall Street's major indexes closed higher on Wednesday with the Nasdaq's 1.6% advance leading gains, after the U.S. Federal Reserve kept interest rates unchanged and comments from its top official fueled investor…
By Rich McKay (Reuters) - Public school teachers in Portland, Oregon, walked off their jobs for the first time ever on Wednesday after months of failed negotiations, forcing scores of schools to close and keeping thousands of students out of…
(Reuters) -Wall Street's top regulator must correct "defects" in a new rule on share buybacks adopted earlier this year, a federal appeals court has ruled, marking a partial win for powerful trade groups waging the legal challenge against it. A…
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Options traders betting that Wednesday's Federal Reserve meeting and highly anticipated macroeconomic events later this week could cause gyrations in markets may be rewarded, if recent trends hold. Data from Susquehanna Financial…
By Helen Coster NEW YORK (Reuters) -Thomson Reuters Corp on Wednesday reported higher-than-expected third-quarter profit, helped by cost cuts and growth at its biggest divisions serving legal, tax and accounting professionals, and said it was making progress incorporating artificial intelligence…
By Samrhitha A (Reuters) -Shares of Advanced Micro Devices jumped 8% on Wednesday, after an upbeat AI chip sales forecast signaled the company was making progress in its bid to catch up with market leader Nvidia. The optimism over AI…
(Reuters) - Tesla is aiming to make 200,000 units of its electric pickup truck, Cybertruck, per year, Chief Executive Officer Elon Musk said on Tuesday. The company had earlier said that Tesla had the capacity to make more than 125,000…
By Stephen Culp NEW YORK (Reuters) - Wall Street rallied on Monday, kicking off what promises to be a hectic week that includes a heavy earnings docket, economic data and the Federal Reserve's two-day monetary policy meeting. All three major…
(Reuters) -Meta Platforms said on Monday it will offer users in Europe a subscription plan to use Facebook and Instagram without advertisements to comply with the European Union regulations. The monthly subscription plans for users in the EU, European Economic…
By Aditya Soni (Reuters) -Amazon.com rose 7% on Friday on a pick up in growth at its most profitable cloud business as it aims for a larger share of the booming artificial intelligence market in a race with Microsoft. The…