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Category: Business

S&P 500, Nasdaq end down as investors wait for CPI, PPI data
Business

S&P 500, Nasdaq end down as investors wait for CPI, PPI data

March 11, 2024March 11, 2024

By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 and Nasdaq ended down slightly on Monday with investors preparing for…

Oracle tops quarterly profit estimates on AI demand, shares surge
Business

Oracle tops quarterly profit estimates on AI demand, shares surge

March 11, 2024March 11, 2024

By Harshita Mary Varghese (Reuters) -Oracle said on Monday it is set to make a joint announcement with chip-giant Nvidia,…

Yen rises as investors eye Japan policy move; bitcoin soars to new record
Business

Yen rises as investors eye Japan policy move; bitcoin soars to new record

March 11, 2024March 11, 2024

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The yen drifted higher against the U.S. dollar for a fourth straight session…

Bitcoin hits record above $72,000 as demand frenzy intensifies
Business

Bitcoin hits record above $72,000 as demand frenzy intensifies

March 11, 2024March 11, 2024

By Hannah Lang, Amanda Cooper and Harry Robertson WASHINGTON/LONDON (Reuters) -Bitcoin hit a record high on Monday above $72,000, as…

US FDA approves Novo Nordisk’s Wegovy for lowering heart risks
Business

US FDA approves Novo Nordisk’s Wegovy for lowering heart risks

March 11, 2024March 11, 2024

By Patrick Wingrove and Sriparna Roy (Reuters) -The U.S. Food and Drug Administration approved Novo Nordisk’s weight-loss drug Wegovy on…

China’s lithium market set for long-term uptrend, says Ganfeng Lithium
Business

China’s lithium market set for long-term uptrend, says Ganfeng Lithium

March 9, 2024March 9, 2024

By Siyi Liu and Colleen Howe BEIJING (Reuters) – China’s lithium industry would benefit from a stabilisation of prices of…

U.S. job market data bolsters Fed’s ‘no rush’ rate cut view
Business

U.S. job market data bolsters Fed’s ‘no rush’ rate cut view

March 9, 2024March 9, 2024

By Ann Saphir and Howard Schneider (Reuters) -Federal Reserve policymakers weighing when to start interest-rate cuts got fresh reasons on…

Stocks backpedal from record highs on US payrolls, yields dip
Business

Stocks backpedal from record highs on US payrolls, yields dip

March 8, 2024March 8, 2024

By Alden Bentley and Huw Jones NEW YORK/LONDON (Reuters) -Investors stretched record-breaking stock rallies on Friday, before Wall Street took…

Bitcoin briefly rises to record high over $70,000
Business

Bitcoin briefly rises to record high over $70,000

March 8, 2024March 8, 2024

By Hannah Lang (Reuters) – Bitcoin briefly rallied to a record high on Friday in volatile trading, as crypto mania…

US House to vote next week on TikTok crackdown bill
Business

US House to vote next week on TikTok crackdown bill

March 8, 2024March 8, 2024

By David Shepardson WASHINGTON (Reuters) -The U.S. House of Representatives will fast-track a vote next week on legislation that would…

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