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Recent Articles from reuters
Ford recalls nearly 1 million vehicles for safety defects including Broncos and Explorers
Ford recalls nearly 1 million vehicles including Bronco and Explorer models due to safety defects that could cause injury or fire risk, impacting mostly older designs.
US new home sales rise 1.6% in June
New home sales in the U.S. increased 1.6% in June to 628,000 units despite high mortgage rates and prices limiting buyer activity.
Rising oil prices pressure US futures ahead of Big Tech earnings
Oil prices surpass $95 per barrel, pressuring U.S. futures ahead of key Big Tech earnings amid Middle East tensions and currency fluctuations.
Treasury’s Bessent urges gas retailers to drop prices for US 250th birthday
U.S. Treasury Secretary Scott Bessent urged gas retailers to reduce prices as the U.S. marks its 250th birthday, reinforcing President Trump's message.
Micron joins rivals pitching AI deals as cure for memory’s boom-bust cycle
Micron and rivals Samsung and SK Hynix secure $22 billion in long-term ai memory chip deals, aiming to stabilize the cyclical memory market amid volatility.
Micron and chip stocks lift Wall Street indexes amid Fed rate pause
Micron Technology and other chipmakers boosted Wall Street indexes as investors awaited the Federal Reserve's interest rate decision under Chair Kevin Warsh.
US retail sales rise in May despite Iran war impact
U.S. retail sales increased 0.9% in May, showing economic resilience despite the Iran war and oil price shocks, with strong auto and online sales.
US homebuilder sentiment falls in June amid rising mortgage and material costs
U.S. homebuilder sentiment dropped to 35 in June due to higher mortgage rates and construction material costs, marking the 14th month below 40.
SpaceX extends rally after record Wall Street debut with $2T valuation
SpaceX shares rose over 6% after a record Nasdaq debut, pushing valuation past $2 trillion and signaling strong growth potential for investors.
Sam Bankman-Fried loses bid to overturn crypto fraud conviction
Sam Bankman-Fried lost his bid to overturn a 25-year sentence for fraud related to the collapse of FTX, upheld by the 2nd U.S. Circuit Court of Appeals.
Ag Briefs: Trump cuts tariffs on ag equipment to 15%
Trump administration cuts tariffs on agricultural equipment to 15%, reducing costs for manufacturers and benefiting U.S. farmers amid rising input expenses.
Cracker Barrel shares surge on strong profit forecast after logo backlash
Cracker Barrel shares rose nearly 30% after reporting surprise profit and raising revenue targets, signaling recovery from logo change backlash.
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