US FTC chair to face questions on court losses in congressional hearing

(Reuters) – Lina Khan, the progressive head of the U.S. Federal Trade Commission, goes before a Republican-led House committee on…

Tesla in talks with India to set up factory with up to 500,000 annual capacity – report

(Reuters) – Tesla has begun discussions with the Indian government for an investment proposal to set up a car factory…

Oil benchmark Brent hovers above $80 after pricing in US data

(Reuters) – Global oil benchmark Brent hovered above $80 a barrel on Thursday after U.S. inflation data implied interest rates…

Russia’s Lavrov: I have not heard new proposals on Black Sea grain deal

(Reuters) – Russian Foreign Minister Sergei Lavrov said on Thursday that he had not heard of any new proposals on…

Dollar slides after inflation surprise spooks bulls

(Reuters) – A sliding dollar came under more pressure on Thursday, as traders took surprisingly slow U.S. inflation as a…

Dollar continues to weaken after soft CPI; sterling gains despite GDP drop

The U.S. dollar drifted lower in early European hours Thursday, continuing to fall after softer-than-expected U.S. inflation raised expectations of…

5 big analyst picks: Morgan Stanley raised to Buy, Holley jumps on two upgrades

Morgan Stanley raised to Buy Odeon Capital upgraded Morgan Stanley (NYSE:MS) to Buy from Hold with a price target of…

Hollywood actors poised to strike, joining writers on picket lines

(Reuters) -Negotiators for Hollywood’s actors union unanimously recommended a strike after labor talks with studios failed to yield an agreement,…

Stocks around 2023 highs as disinflation signal brings some relief

(Reuters) – Global stocks traded around their highs for the year on Thursday as investors bet that the Federal Reserve…

European stocks mixed; weak U.K. economy dilutes positive sentiment

European stock markets traded in a mixed fashion Thursday as investors digested the softer-than-expected U.S. inflation data as well as…