Former Trump adviser Steve Bannon charged with money laundering in connection with border wall project

NEW YORK, Sept 8 (Reuters) – Steve Bannon, the longtime ally and former strategist of former U.S. President Donald Trump, has been charged with money laundering and conspiracy for allegedly deceiving donors in connection with of an effort to help Trump build a wall along the United States. -Mexican border. Bannon, 68, was charged in … Read more

Wall Street rebounds on lower yields, focuses on Fed path

Join now for FREE unlimited access to Reuters.com Register Energy stocks follow the fall in oil The Fed’s Beige Book indicates that price pressures are still lingering Fed Chairman Powell will speak on Thursday Sept 7 (Reuters) – U.S. stock indices climbed on Wednesday after a recent selloff as bond yields eased, as investors await … Read more

Wall Street ends its busy post-summer session in the red

Join now for FREE unlimited access to Reuters.com Register ISM service sector data beats estimates Bed Bath & Beyond shares sink after death of CFO Wall St emerges from three straight weeks of decline Dow down 0.55%, S&P 500 down 0.41%, Nasdaq down 0.74% NEW YORK, Sept 6 (Reuters) – Wall Street’s major indexes closed … Read more

US authorities order Nvidia to suspend sales of top AI chips to China

Join now for FREE unlimited access to Reuters.com Register September 1 (Reuters) – Chip designer Nvidia Corp (NVDA.O) said on Wednesday that U.S. officials told him to stop exporting two leading computer chips for artificial intelligence work to China, a move that could cripple the ability of Chinese companies to do advanced work like reconnaissance … Read more

Bed Bath & Beyond to cut jobs and close stores in bid to reverse losses

Join now for FREE unlimited access to Reuters.com Register Aug 31 (Reuters) – Bed Bath & Beyond Inc (BBBY.O) On Wednesday, it announced it had signed deals for more than $500 million in new funding and would close 150 stores, cut jobs and revamp its merchandising strategy in a bid to turn around its loss-making … Read more

Wall St falls for 3rd consecutive session on concerns over Fed rate hikes

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 29, 2022. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register Best Buy sales beat estimates as discounts drive demand July job openings up sharply Dow down 1.02%, S&P 500 down 1.22%, Nasdaq down 1.45% … Read more

Wall Street ends well as Powell speech affirms hawkish rate stance

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 15, 2022. REUTERS/Brendan McDermid/File Photo Join now for FREE unlimited access to Reuters.com Register Fed will continue to tighten until inflation is under control – Powell Core PCE rises 0.1% in July compared to a rise of 0.6% … Read more

UK household energy bills will jump 80% to over $4,000 a year

Price cap for 24 million households to increase from October Even higher prices expected in January Regulator calls for urgent government intervention ‘This is a national emergency,’ says opposition Labor LONDON, Aug 26 (Reuters) – Britain’s energy bills will jump 80% to an average of 3,549 pounds ($4,188) a year from October, the regulator said … Read more

Twitter misled US regulators over hackers, spam, whistleblower says

August 23 (Reuters) – Twitter Inc. (TWTR.N) misled federal regulators about its defenses against hackers and spam accounts, the social media company’s former security chief Peiter Zatko said in a whistleblower complaint. In an 84-page complaint, Zatko, a famous hacker widely known as “Mudge”, alleged that Twitter falsely claimed it had a strong security plan, … Read more

US to announce $3 billion in new military aid to Ukraine

WASHINGTON, Aug 23 (Reuters) – The United States will announce a new security assistance package for Ukraine worth about $3 billion as early as Wednesday, a U.S. official said on Tuesday, in what would be the biggest slice in Kyiv since the Russian invasion six. months ago. The package is being prepared to coincide with … Read more