Business

Fed should raise rates to restrain growth and inflation, Hammack says

Fed should raise rates to restrain growth and inflation, Hammack says

Aug 13 (Reuters) - Cleveland Federal Reserve Bank President Beth Hammack on Thursday reiterated her view that the U.S. central…

August 14, 2026

US anti-bias agency says Nike complied with subpoena, drops lawsuit

By Daniel Wiessner Aug 13 (Reuters) - The U.S. agency that enforces laws banning workplace discrimination has dropped a lawsuit…

August 14, 2026

Applied Materials forecasts quarterly revenue above estimates

Aug 13 (Reuters) - Applied Materials forecast fourth-quarter revenue above Wall Street expectations on Thursday, betting that unabated demand for…

August 14, 2026

Oil settles down 2% on weak demand outlook, hefty US crude build

By Siddharth Cavale NEW YORK, Aug 13 (Reuters) - Oil settled down more than 2% on Thursday, reversing course after…

August 14, 2026

Sandisk forecasts mid-to-high-teens revenue growth through 2030

Aug 13 (Reuters) - Sandisk on Thursday said it expects revenue to grow at a mid-to-high-teens percentage rate from fiscal…

August 14, 2026

Stocks rise as traders reduce rate hike bets, oil prices drop

By Chris Prentice and Stefano Rebaudo NEW YORK/MILAN, Aug 13 (Reuters) - Global equities rose on Thursday as investors pared…

August 14, 2026

Stocks rise as traders reduce rate hike bets, oil prices drop

By Chris Prentice and Stefano Rebaudo NEW YORK/MILAN, Aug 13 (Reuters) - Global equities rose on Thursday as investors pared…

August 13, 2026

Taylor Farms outbreaks show limits of US ability to safeguard produce from Mexico

By Cassandra Garrison MEXICO CITY, Aug 13 (Reuters) - Two foodborne illness outbreaks linked to Taylor Farms have exposed a…

August 13, 2026

Mighty Norway wealth fund warns of erosion in shareholder rights

By Gwladys Fouche ARENDAL, Norway, Aug 13 (Reuters) - Norway's $2.3 trillion sovereign wealth fund is raising concerns about what…

August 13, 2026

Tech stocks power S&P 500 to record high as oil prices, producer inflation ease

By Avinash P and Purvi Agarwal Aug 13 (Reuters) - The S&P 500 climbed to an intraday record high on…

August 13, 2026