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Death of Colts owner Jim Irsay now under federal investigation: Sources
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Thursday, September 25
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SRN News
Greenspan, Bernanke and Yellen urge Supreme Court to let Lisa Cook keep her job as a Fed governor
WASHINGTON (AP) — Alan Greenspan, Ben Bernanke, Janet Yellen and other former top economic officials appointed by presidents of both parties urged the Supreme Court on Thursday to preserve the Federal Reserve’s political independence and allow Lisa Cook to remain as a central bank ...
Thursday, September 25
by
SRN News
Fed’s Bowman says regulators to unveil Basel capital rule redo by early 2026
By Pete Schroeder WASHINGTON (Reuters) -The Federal Reserve’s top regulatory official said Thursday that bank agencies are poised to unveil a more industry-friendly version of contentious capital rules known as “Basel III Endgame” by the end of 2025 or early 2026. Fed Vice Chair for Supervision ...
Thursday, September 25
by
SRN News
Russia expects vehicle scrappage fee revenues to rise despite drop in sales
MOSCOW (Reuters) -The Russian government expects budget revenues from car scrappage fees to rise sharply this year and next, even though vehicle sales are in steep decline, a document reviewed by Reuters shows. The draft budget for 2026 forecasts revenues from scrappage fees of almost ...
Thursday, September 25
by
SRN News
Microsoft disables services to Israel defense unit after review
(Reuters) -Microsoft on Thursday said it disabled a set of cloud and AI services used by a unit within the Israel Ministry of Defense (IMOD) after an internal review found preliminary evidence supporting media reports of a surveillance system in Gaza and West Bank. Brad ...
Thursday, September 25
by
SRN News
Microsoft merges business-focused AI app stores
By Stephen Nellis SAN FRANCISCO (Reuters) -Microsoft has combined the separate marketplaces for its artificial intelligence tools aimed at businesses into one offering, it said on Thursday. It previously offered tools for software developers, who use its Azure cloud computing service, on one marketplace and applications and so-called ...
Thursday, September 25
by
SRN News
Wall Street indexes hit one-week low as investors reassess rate-cut expectations
By Niket Nishant and Sukriti Gupta (Reuters) -Wall Street’s main indexes fell to their lowest in a week on Thursday, as fresh economic data and remarks from a Federal Reserve official tempered optimism around further rate cuts. Initial claims for state unemployment benefits dropped 14,000 ...
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Thursday, September 25
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SRN News
Zelenskiy woos US businesses, seeks to grow Ukraine’s drone industry
KYIV (Reuters) -President Volodymyr Zelenskiy outlined Ukraine’s plans to boost drone exports and expand tech partnerships as he met the top management of a host of leading U.S. businesses, his office said on Thursday. Exports of Ukraine’s weapons have been restricted since Russia invaded its ...
Thursday, September 25
by
ABC News
US economy grew 3.8% in 2nd quarter, far exceeding previous estimate
(NEW YORK) -- The U.S. economy expanded significantly more than initially estimated over a recent three-month period, suggesting robust growth despite uncertainty set off by President Donald Trump's tariff policy, federal government data on Thursday showed.The U.S. economy grew at an annualized rate of 3.8% in the second ...
Thursday, September 25
by
SRN News
US home sales sluggish in August despite late-summer mortgage rate slide
Sales of previously occupied U.S. homes remained sluggish in August, even as a late-summer slide in mortgage rates brought home loan borrowing costs to a 10-month low. Existing home sales slipped 0.2% last month from July to a seasonally adjusted annual rate of 4 million ...
Thursday, September 25
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SRN News
Ryanair CEO sees drone disruption as an irritant that won’t hit profits
By Conor Humphries DUBLIN (Reuters) -Drone disruption is likely to become an irritant for the airline industry but is unlikely to affect profitability, Ryanair boss Michael O’Leary said on Thursday. It is governments rather than airports or airlines who should cover the cost of defending against ...
Thursday, September 25
by
SRN News
H&M targets Brazil and India as US, European spending slows
By Helen Reid and Greta Rosen Fondahn STOCKHOLM (Reuters) -Fashion retailer H&M is seeking to expand in emerging markets such as Brazil and India, its CEO said on Thursday, as consumer spending weakens in Europe, its core region, and U.S. tariffs weigh on demand in ...
Thursday, September 25
by
SRN News
US existing home sales dip in August
(Reuters) -Sales of previously owned U.S. homes ticked lower in August amid affordability issues for buyers thanks to still-pricey homes on the market and interest rates on mortgages that remain relatively steep despite recent drops in borrowing costs. Home sales slipped 0.2% last month to ...
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