Oct 21, 2022
Fed’s rate debate shifts to how, and when, to slow down

By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve, set to approve another large interest rate increase early next month, is shifting to a debate over how much higher it can safely push borrowing costs and how and when to…

Oct 14, 2022
U.S. retail sales unchanged; consumers showing resilience

By Lucia Mutikani WASHINGTON (Reuters) - U.S. retail sales were unexpectedly flat in September as households cut back on purchases of motor vehicles and other big-ticket items like electronics and appliances amid stubbornly high inflation and rapidly rising interest rates.…

Oct 12, 2022
U.S. home heating bills expected to surge this winter -EIA

(Reuters) -U.S. consumers can expect to pay up to 28% more to heat their homes this winter than last year due to surging fuel costs and slightly colder weather, the U.S. Energy Information Administration (EIA) projected in its winter fuels…

Oct 12, 2022
Arizona cryonics facility preserves bodies to revive later

By Liliana Salgado SCOTTSDALE, Ariz. (Reuters) - Time and death are "on pause" for some people in Scottsdale, Arizona. Inside tanks filled with liquid nitrogen are the bodies and heads of 199 humans who opted to be cryopreserved in hopes…

Oct 12, 2022
SpaceX to take entrepreneur Dennis Tito on Starship around the moon

(Reuters) - Billionaire Elon Musk's SpaceX said on Wednesday that the world's first space tourist Dennis Tito and his wife Akiko have signed up to fly around the moon on the space exploration firm's Starship rocket. Engineer turned financial analyst…

Oct 12, 2022
Twitter reviews policies around permanent user bans – FT

(Reuters) -Twitter Inc is reviewing its policies around permanently banning users, possibly bringing its content moderation in line with Elon Musk's vision for the social media platform, the Financial Times reported on Wednesday. Twitter has been exploring if there are…

Oct 03, 2022
GM outsells Toyota in U.S. as industry braces for brakes on demand

By Aishwarya Nair (Reuters) - General Motors Co outsold Japanese automaker Toyota Motor Corp in the United States in the third quarter, data on Monday showed, but analysts and investors are fretting that a darkening economic picture will lead to…