Instant view: US payrolls rise more than expected in May
NEW YORK (Reuters) - U.S. employment increased more than expected in May, but a moderation in wages could allow the Federal Reserve to skip an interest rate hike this month for…
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US food aid could shrink under debt ceiling deal, hunger groups warn
By Leah Douglas WASHINGTON (Reuters) - Changes to the largest U.S. food aid program in the debt deal passed by Congress this week could force hundreds of thousands of older…
US seeks to curb investment in Chinese chips, AI and quantum computing
By Karen Freifeld WASHINGTON (Reuters) - New rules under consideration would restrict the flow of U.S. investments and know-how into Chinese companies working on advanced…
Factbox-U.S. debt ceiling deal: Stocks that could benefit
NEW YORK (Reuters) - Here are some stocks that could benefit, according to analysts at U.S. brokerage BTIG, if U.S. lawmakers this week pass a bipartisan deal to raise the $31.4…
Elon Musk kicks off China visit, Tesla expansion in focus
BEIJING (Reuters) -Tesla Chief Executive Elon Musk on Tuesday kicked off a high-stakes visit to China with a meeting with the country's foreign minister in Beijing, marking…
Ford, Tesla shares jump over 7% on Superchargers deal
By Shivansh Tiwary and David Shepardson (Reuters) -Ford Motor Co shares jumped by more than 7% on Friday after the No. 2 U.S. automaker announced a deal allowing its…
Cummins engine filter unit valued at $1.8 billion in strong market debut
By Jaiveer Shekhawat and Echo Wang (Reuters) -Atmus Filtration Technologies Inc, the filtration business of U.S. diesel engine maker Cummins Inc, fetched a valuation of $1.8…
Analysis-Investing in AI: how to avoid the hype
By Naomi Rovnick LONDON(Reuters) - Experienced tech investors are hunting for undervalued opportunities in an over-valued space. At stake is how best to invest in the…
Marvell’s shares get AI boost a day after Nvidia’s surge
(Reuters) - Shares of Marvell Technology soared about 23% on Friday after the chipmaker became the latest to project a big surge in revenue from the AI boom, days after larger…
Microsoft chief says deep fakes are biggest AI concern
By Diane Bartz WASHINGTON (Reuters) -Microsoft President Brad Smith said Thursday that his biggest concern around artificial intelligence was deep fakes, realistic looking but…