Trump’s tariff blitz prompts ‘firefighting’ response from Fed researchers
By Howard Schneider, Ann Saphir WASHINGTON/SAN FRANCISCO (Reuters) -U.S. Federal Reserve staffers have scrambled since January to decipher what Trump…
Nvidia earnings to reveal hit from US export curbs on China
By Arsheeya Bajwa (Reuters) – Nvidia investors will look for definitive answers on how much U.S. chip curbs on China…
Texas ‘cautiously optimistic’ as measles spread slows, cases rise by one to 729
(Reuters) -The Texas health department said on Tuesday it was “cautiously optimistic” about the spread of measles in the state…
Long advantageous, Harvard’s China ties become a political liability
By Michael Martina WASHINGTON (Reuters) -Harvard University’s links to China, long an asset to the school, have become a liability…
Informatica explores sale again, Salesforce among suitors
(Reuters) -Informatica is exploring a sale after attracting renewed takeover interest from suitors, including Salesforce, a person familiar with the…
Russia launches war’s largest air attack on Ukraine, kills at least 12 people
By Max Hunder KYIV (Reuters) -Russian forces launched a barrage of 367 drones and missiles at Ukrainian cities overnight, including…
North Korea detains officials over warship accident, state media says
SEOUL (Reuters) -North Korea has detained shipyard officials responsible for a recent major accident during the launch of a new…
US equity funds face weekly outflows on debt concerns, rising yields
(Reuters) -U.S. equity funds saw huge outflows in the week ended May 21, as Treasury yields surged on fears President…
Oracle to buy $40 billion of Nvidia chips for OpenAI’s US data center, FT reports
(Reuters) -Oracle will spend around $40 billion on Nvidia’s higher-performance chips to power OpenAI’s new U.S. data center, the Financial…
Amazon.com is sued over alleged sale of contaminated rice
By Jonathan Stempel (Reuters) – Amazon.com was sued on Friday by consumers over its alleged sale of a wide variety…