Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

By Anirban Sen NEW YORK, July 15 (Reuters) - Wall Street's prime brokerage engine is humming and delivering handsome gains for the largest U.S. banks. As the largest U.S. banks reported blockbuster pr...

By Ann Saphir July 15 (Reuters) - Federal Reserve policymakers preparing for their next policy meeting in two weeks got a fresh snapshot on Wednesday of a broadly improving economy, with employment on...

By Kenrick Cai SAN FRANCISCO, July 15 (Reuters) - AI startup Thinking Machines revealed on Wednesday a new artificial intelligence model that could serve as one of the few alternatives to popular open...

BRASILIA, July 15 (Reuters) - Brazil's government raised its inflation forecast for this year to 5.1% on Wednesday from 4.5% projected in May, putting consumer prices above the central bank's target o...

By Howard Schneider WASHINGTON, July 15 (Reuters) - U.S. Federal Reserve Governor Lisa Cook said on Wednesday she is "prepared to act" if inflation does not soon begin to slow, though she is willing t...

PARIS, July 15 (Reuters) - France faces a sharp deterioration in its public finances over the rest of the decade unless policymakers act quickly to curb spending, an independent report commissioned by...

By Tatiana Bautzer NEW YORK, July 15 (Reuters) - Analysts revised estimates for Citigroup on Wednesday after the bank's management surprised investors and forecast higher expenses in the second half o...

By Niket Nishant, Johann M Cherian and Akash Sriram July 15 (Reuters) - SpaceX shares dropped below their initial public offering price for the first time on Wednesday before closing just above that l...

By Gertrude Chavez-Dreyfuss NEW YORK, July 15 (Reuters) - Money market funds are taking a more cautious approach in their portfolios, reflecting lingering uncertainty about the U.S. Federal Reserve's ...

(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) By Karen Kwok NEW YORK, July 15 (Reuters Breakingviews) - Stripe's digital deal wallet is a little light. The fin...