Economy

(Reuters) -ConocoPhillips exceeded Wall Street’s third-quarter profit estimates on Thursday as the Texas-based oil and gas producer reaped the benefits of higher production, sending its shares rising 2.6% at $105.5…

By Ross Kerber (Reuters) – Many U.S. companies have stepped up reporting on environmental and social matters in recent years even with sustained pressure from conservative politicians, data reviewed by…

By Devayani Sathyan BENGALURU (Reuters) – Most Asian central banks will cut interest rates slower than the U.S. Federal Reserve over the coming year, Reuters polls showed, as solid growth…

By Jack Queen PHILADELPHIA (Reuters) – Elon Musk has been ordered to attend a Thursday hearing in a prosecutor’s lawsuit to block the billionaire’s $1 million-a-day giveaway to registered swing…

By Hari Kishan BENGALURU (Reuters) – Global economic growth will maintain its robust pace next year as major central banks implement a series of interest rate cuts against the backdrop…

ROME (Reuters) – The European Central Bank must avoid the risk of cutting interest rates too slowly and lowering inflation excessively, Governing Council Member Fabio Panetta said on Thursday. In…

(Reuters) – The Biden administration on Thursday announced that it would invest about $825 million in a new semiconductor research and development (R&D) facility in Albany, New York. The New…

SHANGHAI (Reuters) – China’s central bank said on Thursday it conducted 500 billion yuan ($70.24 billion) of outright reverse repurchase agreements in October. The tenor of the reverse repos was…

Investing.com — US stock futures edge lower as traders gauge quarterly reports from major technology groups. Both Microsoft (NASDAQ:MSFT) and Meta Platforms (NASDAQ:META) post higher-than-expected revenue and net profit, but worries…