By Mike Scarcella (Reuters) – Elon Musk’s social media platform X on Tuesday sued a global advertising alliance and several major companies, including Mars and CVS Health, accusing them of…
By Jonathan Stempel NEW YORK (Reuters) – A federal appeals court on Tuesday said a Citigroup vice president was not entitled to a share of a $400 million civil fine…
By Lewis Krauskopf NEW YORK (Reuters) – Shares of utilities companies are presenting investors with a rare bright spot in the U.S. stock selloff, as turbulent markets prompt a shift…
(Reuters) – Piper Sandler has agreed to pay a total of $16 million as a civil penalty to U.S. regulators to resolve investigations into its record-keeping practices, the investment banking…
By Makailah Gause NEW YORK (Reuters) – The financial market upheaval of the last several days may soon offer a silver lining to millions of U.S. households: Mortgage rates look…
(Reuters) -Lucid Group said on Monday its largest shareholder, Saudi Arabia’s Public Investment Fund, will inject up to $1.5 billion in cash, as the electric vehicle maker looks to add…
(Reuters) – Worries over a delay in the launch of Nvidia’s upcoming artificial-intelligence chips may be exaggerated, analysts said, as they do not expect the setback to have a big…
(Reuters) -Share markets around the world tumbled and bonds rallied on Monday as fears the United States could be heading for recession sent investors rushing from risk assets while wagering…
(Reuters) – A surprisingly weak U.S. employment report for June has turned Wall Street confidence on a soft landing into near panic that a recession is looming, prompting major firms…
By Niket Nishant and Manya Saini (Reuters) – The next U.S. administration will be “constructive” on crypto regardless of which party wins, Coinbase CEO Brian Armstrong said late on Thursday,…