Business

Wall Street slips as tech continues to weigh, but nears annual gains

Wall Street slips as tech continues to weigh, but nears annual gains

By Purvi Agarwal and Nikhil Sharma Dec 31 (Reuters) - Wall Street's major indexes slipped in the final trading session…

December 31, 2025

Dollar climbs after claims data but still well down in 2025

By Chuck Mikolajczak NEW YORK, Dec 31 (Reuters) - The U.S. dollar advanced on Wednesday, erasing earlier declines after a…

December 31, 2025

Porsche to recall over 173,000 US vehicles over rearview camera image issue

Dec 31 (Reuters) - Porsche is recalling 173,538 vehicles in the U.S. as the rearview camera image may not display…

December 31, 2025

Oil prices set for biggest annual drop since 2020

By Enes Tunagur and Laila Kearney LONDON/NEW YORK, Dec 31 (Reuters) - Oil prices were little changed on Wednesday, but…

December 31, 2025

Trump Media unveils plan to distribute new cryptocurrency to shareholders

By Manya Saini Dec 31 (Reuters) - Trump Media and Technology Group said on Wednesday it will distribute a new…

December 31, 2025

Banks tap record liquidity from New York Fed's Standing Repo Facility

By Michael S. Derby Dec 31 (Reuters) - Eligible financial firms borrowed a record amount of cash from the Federal…

December 31, 2025

Brookfield to start cloud business amid AI frenzy, The Information reports

Dec 31 (Reuters) - Brookfield is starting its own cloud business to lease chips inside data centers directly to artificial…

December 31, 2025

Oil slips with Brent on course for longest stretch of annual losses in 2025

By Florence Tan SINGAPORE, Dec 31 (Reuters) - Oil prices were little changed on Wednesday but are set to fall…

December 31, 2025

China's factory activity snaps record slump on festive stockpiling

By Joe Cash and Xiuhao Chen BEIJING, Dec 31 (Reuters) - China's factory activity unexpectedly grew in December, snapping a…

December 31, 2025

Oil slips as Brent heads for longest stretch of annual losses in 2025

(Corrects milestone for annual percentage decline to 2020, not 2018, in paragraph 2) By Florence Tan SINGAPORE, Dec 31 (Reuters)…

December 31, 2025