US single-family homebuilding surges, rising supply a near-term constraint
By Lucia Mutikani WASHINGTON (Reuters) – U.S. single-family homebuilding rebounded sharply in August, but a moderate increase in building permits…
Month: September 2024
Workers at Musk’s Tesla, SpaceX and X donate to Harris while he backs Trump
By Sheila Dang (Reuters) – Billionaire Elon Musk has endorsed Republican former President Donald Trump in the race for the…
T-Mobile expects adjusted free cash flow between $18 billion and $19 billion in 2027
(Reuters) – Telecom operator T-Mobile said on Wednesday it expects adjusted free cash flow to be between $18 billion to…
Trump on Fed’s actions: ‘It was a big cut’
WASHINGTON (Reuters) – Republican presidential candidate Donald Trump commented on the U.S. Federal Reserve’s rate cut on Wednesday by saying…
JPMorgan in talks with Apple over Goldman credit card partnership, source says
(Reuters) -JPMorgan Chase is in talks with Apple about replacing Goldman Sachs as the tech giant’s credit-card partner, a source…
Intel’s Amazon chip deal lifts investor confidence in money-losing foundry unit
(Reuters) – Intel shares jumped 7% before the bell on Tuesday, as a chip-making deal with Amazon’s cloud business provided…
Energy execs say they believe VP Kamala Harris is indeed open to fracking
By Curtis Williams HOUSTON – Some top natural gas executives on Tuesday said they believe Vice President Kamala Harris was…
S&P 500 ends little changed as early gains fade before Fed decision
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed nearly unchanged on Tuesday, giving up earlier gains that had vaulted…
Apple shares slip as shorter iPhone 16 shipping times signal soft demand
(Reuters) – Shares of Apple fell nearly 3% on Monday after several analysts said that delivery times for the new…
Exclusive-Vista, Blackstone nearing $8-billion deal to buy Smartsheet, sources say
By Milana Vinn and Mike Spector NEW YORK (Reuters) – Buyout firms Vista Equity Partners and Blackstone are in advanced…