Reuters

(Reuters) - The U.S. Treasury Department said on Thursday it is seeking public comments on the use of artificial intelligence in the financial services sector.

The agency is looking to improve its understanding of the opportunities and risks presented by the development and application of AI within the sector.

Regulators have cautioned that the rapid adoption of AI could create new risks for the U.S. financial system if the technology is... (continue reading...)

(Reuters) - Starbucks will partner with Grubhub to deliver coffees and other customized beverages in select U.S. markets starting this month, in its latest attempt to widen its reach as inflation-hit customers are increasingly opting to eat at home.

The coffee chain's products will be home-delivered in Pennsylvania, Colorado and Illinois at first, and then expand across the country by August, it said on Thursday.

Starbucks delivery has... (continue reading...)

By Jarrett Renshaw and Kat Stafford

(Reuters) - The NAACP urged President Joe Biden on Thursday to "indefinitely" halt all weapons deliveries to Israel and pressure the U.S. ally to end its war in the Gaza Strip, sending a reminder that his support for Israel could hurt him among Black voters in November's election.

The NAACP's call was a rare instance of the influential civil rights organization taking a position on U.S. foreign policy... (continue reading...)

FRANKFURT, June 6 (Reuters) - The European Central Bank cut borrowing costs from record highs on Thursday, acknowledging progress in its battle against high inflation but also signalling that fight had yet to be won as inflation was set to remain too high until next year.

Following are highlights of ECB President Christine Lagarde's comments at a news conference after the policy meeting.

WAGE GROWTH

"Forward-looking indicators... (continue reading...)

DUBAI (Reuters) - Yemen's Houthi group said on Thursday it launched two joint military operations with the Iraqi Islamic Resistance against ships at Israel's Haifa port.

"The first targeted two ships carrying military equipments in the port of Haifa, while the second targeted a ship that violated the decision to ban entry to the port," Houthi military spokesperson Yahya Saree said in a televised statement.

The Houthis, who control Yemen's... (continue reading...)