By Noel Randewich (Reuters) – The S&P 500 will trade near current record levels at year-end, according to a Reuters poll of market strategists that suggests the AI rally is losing steam…
Month: August 2024
Goldman Sachs lowers odds of US recession to 20% from 25%
(Reuters) – Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months to 20% from 25% following the latest weekly jobless claims and…
US FDA grants tentative approval to Liquidia’s inhaled blood pressure drug
(Reuters) -The U.S. Food and Drug Administration on Monday granted a tentative approval to Liquidia Corp’s drug for patients with a type of lung disorder, but stopped short of a traditional approval,…
Southwest digs in for boardroom battle with Elliott
By Rajesh Kumar Singh and Allison Lampert CHICAGO (Reuters) – Southwest Airlines is girding itself for a fight with Elliott Investment Management, rallying support from investors and employees to face down an…
Biden launches citizenship program for immigrant spouses of US citizens
By Jorge Garcia and Ted Hesson LOS ANGELES (Reuters) – Miguel Aleman, a 39-year-old who was brought to the United States from Mexico at age 4, is among hundreds of thousands of…
Harris campaigns in swing state Pennsylvania en route to Chicago convention
WASHINGTON (Reuters) – U.S. Vice President Kamala Harris brings her presidential campaign to the critical state of Pennsylvania on Sunday before heading on to Chicago, where the Democratic Party this week is…
Russia launches third ballistic missile attack on Kyiv this month, Ukraine says
KYIV (Reuters) – Russia launched on Sunday its third ballistic missile on Kyiv in August, with preliminary data showing that all the air weapons were destroyed on their approach to the city,…
Austria battles major flooding after record downpours
(Reuters) -Heavy rains lashed Alpine regions of Austria and left parts of Vienna under water at the weekend, causing severe damage in parts of the country and disrupting road and rail transport,…
Israel says investigation underway in Palestinian prisoner abuse case
JERUSALEM (Reuters) – Israel is conducting a “robust investigation” of suspects accused of sexually abusing a Palestinian prisoner and is committed to upholding international legal standards regarding the treatment of detainees, the…
B. Riley co-founder proposes buyout as investment bank faces mounting challenges
(Reuters) – B Riley is navigating one of its most turbulent years due to the ill-fated investment in Vitamin Shoppe-owner Franchise Group that has invited scrutiny from regulators and prompted investors to…