By Jonathan Stempel (Reuters) – A federal judge rejected Coinbase’s bid to dismiss a proposed class action by shareholders who…
US housing inflation likely to fall in year ahead, Fed paper says
(Reuters) – U.S. housing inflation is likely to ease in the coming year as the gap between supply and demand…
AI likely to weigh on oil prices over the next decade, Goldman says
(Reuters) – Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially reducing costs via…
World stocks tiptoe, dollar holds as investors await US data
By Yoruk Bahceli and Tom Westbrook (Reuters) – World stocks steadied on Tuesday and the dollar remained near a two-week…
Nvidia and chip index tumble as investors pause AI rally
By Noel Randewich (Reuters) – Shares of AI heavyweight Nvidia tumbled on Tuesday, with Wall Street’s chip index slumping 7%…
Starlink tells Brazil regulator it will not comply with X suspension
By Luciana Novaes Magalhaes (Reuters) – Elon Musk-controlled satellite internet provider Starlink has told Brazil’s telecom regulator Anatel it will…
Tesla’s China-made EV sales rise 3% y/y in Aug
BEIJING (Reuters) – Sales of U.S. automaker Tesla’s China-made electric vehicles grew 3% in August from a year earlier, data…
Tech market values fall on AI costs and recession fears; Eli Lilly, Berkshire gain
(Reuters) – Market values of major tech firms declined in August amid concerns over escalating artificial intelligence infrastructure costs and…
Exclusive-U.S. researchers find probable launch site of Russia’s new nuclear-powered missile
By Jonathan Landay WASHINGTON (Reuters) – Two U.S. researchers say they have identified the probable deployment site in Russia of…
Amazon workers to join Teamsters’ strikes against unfair labor practices in US
(Reuters) – The Teamsters said on Thursday its strikes against unfair labor practices were expanding, with Amazon.com workers across several…