Business News

CUPERTINO, California (Reuters) — Apple on Monday rolled out a long-delayed overhaul of Siri, betting the upgraded assistant can help close the gap ‌with Big Tech rivals and new-age startups in the crucial AI race.

SINGAPORE (Reuters) — The dollar was perched near a two-month high on ​Monday after a blowout U.S. jobs report sent traders ramping up bets on a Federal Reserve rate ‌hike this year, while the yen teetered further into the intervention zone.

RIO DE JANEIRO (Reuters) — Global airline chiefs open their annual summit in Rio de Janeiro on ​Saturday facing a sharper test of the industry’s post-pandemic recovery, as the Iran war drives up fuel costs and disrupts airspace ‌while carriers try to cushion the blow with higher fares and tig…

(Reuters) — U.S.-traded chipmakers plunged on Friday, losing about $1.3 trillion in market value, with deep losses in AI heavy ​hitters including Nvidia, Micron Technology and Advanced Micro Devices, as Broadcom’s ‌weak report earlier this week reverberated across Wall Street.

WASHINGTON (Reuters) — The ‌U.S. economy posted another month of strong employment gains in May, confirming that the labor market was gaining traction after stumbling last year, and potentially giving the Federal Reserve more room to keep interest rates unchanged amid ​rising inflation stemming fro…

NEW YORK (Reuters) — SpaceX publicly set a $135 price for shares in its initial public offering on Wednesday, upending the longstanding ​Wall Street price-discovery apparatus and underscoring Elon Musk’s determination to raise record sums his way.

(Reuters) — U.S. stock index futures stalled near record highs on ​Wednesday as rising crude oil prices weighed on sentiment, with a flare-up in the Middle East ‌conflict signaling little progress in efforts to end the months-long war.

SINGAPORE (Reuters) — Asian stocks made a ​cautious start to trading on Tuesday as uncertainty over whether the ceasefire in the Middle East ‌conflict capped the lift to sentiment from renewed optimism around AI.

(Reuters) — Federal Reserve officials continued on Friday ​to signal the U.S. central bank may need to raise interest rates in the future if the war in the Middle East leads to a persistent increase in already-high inflation.

DUBROVNIK, Croatia (Reuters) — Central bank independence is again coming ​under pressure as policymakers push through unpopular measures to curb surging prices, prompting political interference ‌that could erode trust and deepen the crisis, current and former officials said.