Autonomous agents and profitability to dominate AI agenda in 2025, executives forecast
By Katie Paul NEW YORK – Autonomous “agents” and profitability are likely to dominate the artificial intelligence agenda next year,...
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Stock
US 30-year fixed-rate mortgage falls to 6.60%
WASHINGTON (Reuters) – U.S. mortgage rates dropped to the lowest level in nearly two months this week, a trend that...
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Chanel picks Matthieu Blazy as creative director – reports
PARIS (Reuters) -French fashion house Chanel selected former Bottega Veneta design chief Matthieu Blazy as its next creative director, Women’s...
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Eggs boost US producer prices in November, but services inflation slowing
By Lucia Mutikani WASHINGTON (Reuters) -U.S. producer prices increased by the most in five months in November, but easing costs...
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US producer prices surge on costly eggs, but disinflationary trend intact
By Lucia Mutikani WASHINGTON (Reuters) -U.S. producer prices increased by the most in five months in November, but a moderation...
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Column-Global cenbank liquidity – from market headwind to tailwind?: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – One of the many curiosities of 2024 has been how global stocks have...
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S&P, Nasdaq take breather as markets assess economic data
By Purvi Agarwal and Shashwat Chauhan (Reuters) – The S&P 500 and the Nasdaq slipped on Thursday after ending the...
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US watchdog caps bank overdraft fees over industry objection
(Reuters) -The U.S. watchdog agency for consumer finance on Thursday adopted new regulations capping the amount banks can charge for...
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US bank profits dip in third quarter, but interest income up – FDIC
By Pete Schroeder WASHINGTON (Reuters) – U.S. bank profits dipped 8.6% in the third quarter of 2024 to $65.4 billion,...
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Lagarde comments at ECB press conference
FRANKFURT (Reuters) – The European Central Bank cut interest rates for the fourth time this year on Thursday and kept...
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