Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

By Michael S. Derby NEW YORK, Aug 4 (Reuters) - U.S. Treasury Secretary Scott Bessent's call on the Federal Reserve to expand a facility that lends cash to official foreign accounts could add to the f...

Aug 4 (Reuters) - Wall Street's benchmark S&P 500 hit an intraday record high for the first time since early June on Tuesday, boosted by upbeat AI-driven forecasts from Caterpillar and Palantir and ho...

By Fergal Smith TORONTO, Aug 4 (Reuters) - Canada's manufacturing sector expanded in July at the fastest pace in more than four years as rising domestic activity boosted production and new orders, but...

Aug 4 (Reuters) - The Trump administration will do "whatever it takes" to support Japan's effort to stabilize its currency, Treasury Secretary Scott Bessent said on Tuesday. "We will do whatever it ta...

Aug 4 (Reuters) - Polymarket is seeking to raise funds at a valuation of more than $20 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter. The prediction markets platf...

Aug 4 (Reuters) - AI cloud computing company CoreWeave said on Tuesday it is expanding into Indonesia and adding three new facilities in the country, marking the firm's first data-center presence in t...

By Libby George LONDON, Aug 4 (Reuters) - Artificial intelligence could enable developing countries to gain a century's worth of development in a decade if they act quickly on power, connectivity and ...

By Maha El Dahan and Sarah El Safty DUBAI, Aug 4 (Reuters) - The world has lost more than 2.6 billion barrels of oil since the U.S.-Israeli war with Iran began in February, the head of Saudi oil giant...

Aug 4 (Reuters) - It would be reasonable for the Federal Reserve to increase the size of a stopgap liquidity facility that Japanese authorities are eyeing for use in their effort to prop up the yen gi...

Aug 4(Reuters) - U.S. truck engine maker Cummins reported second-quarter profit below market expectations on Tuesday, despite benefiting from strong demand for generators and improving conditions in t...