(Reuters) - U.S. stock index futures edged higher on Monday, with Nvidia's quarterly results and the Federal Reserve's policy meeting minutes due this week likely to test Wall Street's record-breaking run.
All the three major indexes marked their fourth straight week of gains on Friday as upbeat corporate earnings and softer-than-expected inflation data supported hopes for interest rate cuts this year.
Both the benchmark S&P 500 and the... (continue reading...)
(Reuters) - The U.S. auto safety regulator said on Monday it has opened a recall query into an estimated 51,500 Volkswagen America's EVs over concerns of the vehicle door opening while driving.
The U.S National Highway Traffic Safety Administration (NHTSA) said it received 12 complaints over Volkswagen's electric ID.4 SUVs built between 2021 and 2023.
Some consumers reported that the vehicle's door intermittently opens while driving with... (continue reading...)
DUBAI (Reuters) - The International Monetary Fund (IMF) said on Monday the United Arab Emirates was experiencing strong economic growth, with overall real GDP projected to grow by about 4% this year, higher than earlier estimates.
The IMF had projected GDP growth for the Gulf oil exporter at 3.5% in 2024 in its most recent Regional Economic Outlook report, published in April.
In its latest Article IV end of mission statement, the IMF's... (continue reading...)
BEIRUT (Reuters) - Lebanon and Syria on Monday announced three days of national mourning for the Iranian president and foreign minister, who were killed in a helicopter crash overnight near the Azerbaijan border.
Iran enjoys sway in both countries, backing the Lebanese armed group Hezbollah in Lebanon and supporting Syria's government and security forces stay in power throughout more than a decade of war.
"I can't tell you how sorry I am... (continue reading...)
By Nicole Jao
NEW YORK (Reuters) - Major U.S. fuel makers returned billions in capital to shareholders in the first quarter and boosted share repurchase programs, even as refining margins softened from recent records and utilization rates fell.
Three of the biggest U.S. independent oil refiners - Marathon Petroleum, Phillips 66, and Valero Energy - earned combined adjusted profits of $2.93 billion and returned $5.5 billion to shareholders... (continue reading...)
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Venture capital investment in crypto picks up after long decline
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Venture capital investment in crypto picks up after long decline
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Venture capital investment in crypto picks up after long decline
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Venture capital investment in crypto picks up after long decline
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Venture capital investment in crypto picks up after long decline
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Venture capital investment in crypto picks up after long decline
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Venture capital investment in crypto picks up after long decline
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Venture capital investment in crypto picks up after long decline
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Venture capital investment in crypto picks up after long decline
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Venture capital investment in crypto picks up after long decline
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Venture capital investment in crypto picks up after long decline
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Venture capital investment in crypto picks up after long decline
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Venture capital investment in crypto picks up after long decline
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Venture capital investment in crypto picks up after long decline
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Venture capital investment in crypto picks up after long decline