Author Archives: Syndicated Content
Key quotes from Powell's speech at Fed's Jackson Hole conference
(Reuters) - Here are key quotes from Federal Reserve Chair Jerome Powell's speech on Friday to the Kansas City Fed's annual economic conference in Jackson Hole, Wyoming: POLICY: "The time has come for...
Aug 23, 2024
Third Point sees room for Apple stock price to climb, letter says
NEW YORK (Reuters) - Billionaire hedge fund manager Daniel Loeb sees room for Apple's stock price to climb, especially if the technology company successfully harnesses artificial intelligence for its ...
Aug 23, 2024
US new home sales rise to highest level in more than a year
(Reuters) -Sales of new U.S. single-family homes rose to their highest level in more than a year in July as a drop in mortgage rates boosted demand, offering more evidence that the housing market is r...
Aug 23, 2024
Kenya's Safaricom urges new requirements for satellite providers like Starlink
By Aaron Ross NAIROBI (Reuters) - Kenya's biggest telecoms company Safaricom has urged regulators to consider requiring satellite internet providers such as Elon Musk's Starlink to partner with local ...
Aug 23, 2024
Sterling rises to highest in over two years versus dollar
(Reuters) - Sterling rose to a more than two-year high versus the dollar on Friday, as investors took comfort from signs of strength in the British economy at a time when the United States is expected...
Aug 23, 2024
US job market may be near tipping point, research shows
By Howard Schneider JACKSON HOLE, Wyoming (Reuters) - As inflation fell fast in 2023 and continued to slow this year, Federal Reserve officials were cheered that the steam seemed to come out of the U....
Aug 23, 2024
Powell green lights September rate cut
(Reuters) - Federal Reserve Chair Jerome Powell said on Friday "the time has come" for the U.S. central bank to cut interest rates as rising risks to the job market left no room for further weakness a...
Aug 23, 2024
Chinese smartphone maker Honor gets investment from China Mobile
BEIJING (Reuters) - Chinese smartphone maker Honor said on Friday it has received an undisclosed amount of investment from China Mobile's parent company, as the former Huawei unit gears up towards an ...
Aug 23, 2024
U.S. Justice Department accuses RealPage of driving up rents
By Jody Godoy NEW YORK (Reuters) - The U.S. Department of Justice and eight states sued RealPage on Friday, accusing the property management software company of using algorithms to help landlords ille...
Aug 23, 2024
Microsoft to host cybersecurity summit after CrowdStrike-induced IT outage
(Reuters) -Microsoft said on Friday it would hold a summit in September on improving cybersecurity systems, after a faulty update from CrowdStrike caused a global IT outage last month. The conference ...
Aug 23, 2024
