By Ann Saphir (Reuters) – Chicago Federal Reserve President Austan Goolsbee on Thursday reiterated his support for further interest rate…
US 30-year fixed-rate mortgage approaches 7%
WASHINGTON (Reuters) – U.S. mortgage rates increased to a four-month high this week, which together with higher home prices could…
SNB board member says inflation is within target range
By Emma Farge GENEVA (Reuters) – Swiss National Bank governing board member Petra Tschudin said on Thursday that inflation was…
Exxon Mobil pulls out of talks with Guyana over shallow water oil block, gov says
GEORGETOWN (Reuters) – U.S. oil major Exxon Mobil has pulled out of negotiations with Guyana’s government on terms for exploring…
Nvidia’s Run:ai deal to get EU antitrust decision by Dec. 20
BRUSSELS (Reuters) – EU antitrust regulators will make a decision on U.S. chipmaker Nvidia’s proposed acquisition of Israeli AI startup…
AI startup Perplexity adds shopping features as search competition tightens
(Reuters) – Artificial intelligence search startup Perplexity on Monday launched a shopping hub to attract users, in a bid to…
TikTok launches AI-powered video platform to advertisers globally
(Reuters) – ByteDance-owned TikTok on Thursday announced the global availability of its generative AI video creation platform, Symphony Creative Studios,…
California’s only nuclear plant to use AI to help comply with new licensing challenges
By Stephen Nellis (Reuters) – California’s only remaining nuclear power plant plans to use artificial intelligence tools to help it…
Rain may help New Jersey wildfire battle, gusts threaten to fan California fire
By Brendan O’Brien and Maria Tsvetkova (Reuters) – The first measurable rainfall over New Jersey in weeks raised hopes on…
GlobalFoundries forecasts upbeat Q4 results on strong demand from smartphone makers
(Reuters) – World’s third-largest contract chipmaker, GlobalFoundries , forecast fourth-quarter revenue above Wall Street estimates on Tuesday, driven by recovering…