Oct 20, 2023
Marketmind: Bond squeeze abates as Middle East war in focus

A look at the day ahead in U.S. and global markets from Mike Dolan After a hectic week deciphering a blizzard of economic and corporate updates and a bruising bond yield surge, world markets turn their focus back to Middle…

Oct 20, 2023
Elon Musk’s X to launch premium subscriptions soon

By Supantha Mukherjee and GursimranKaur Mehar (Reuters) -Elon Musk said on Friday social media platform X, formerly known as Twitter, will soon launch two new tiers of premium subscriptions. "One is lower cost with all features, but no reduction in…

Oct 19, 2023
US invests $3.5 billion to bolster power grid, deploy clean energy

By Timothy Gardner WASHINGTON (Reuters) -President Joe Biden's administration on Wednesday announced $3.5 billion in grants for projects to protect the aging U.S. power grid from extreme weather and fires and to connect transmission systems with more electricity from renewable…

Oct 17, 2023
Nasdaq ends down on higher yields, chipmaker share declines

By Caroline Valetkevitch NEW YORK (Reuters) - The Nasdaq ended lower while the Dow and S&P 500 were nearly flat on Tuesday as Treasury yields rose and shares of chipmakers fell after the Biden administration said it planned to halt…

Oct 16, 2023
Big Tobacco turns to rooibos tea to counter upcoming ban

By Emma Rumney LONDON (Reuters) - Big Tobacco firms including British American Tobacco are selling heat sticks made from nicotine-infused substances such as rooibos tea, countering an incoming European Union ban on flavoured heated tobacco products. While the sticks mark…