Finance

China central bank to better regulate cross-border yuan financing between banks

China central bank to better regulate cross-border yuan financing between banks

SHANGHAI (Reuters) -China’s central bank said on Friday it plans to better regulate cross-border yuan financing between banks, and promote offshore use of the Chinese currency. China is ram...

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Investors seek Fed’s view of shaky labor market as rate cut looms

Investors seek Fed’s view of shaky labor market as rate cut looms

By Lewis Krauskopf NEW YORK (Reuters) -Investors will look for the Federal Reserve to communicate how worried it is about the flagging U.S. labor market at its meeting next week and they expect t...

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Wall Street futures ease slightly, indexes set for weekly gains

Wall Street futures ease slightly, indexes set for weekly gains

(Reuters) -Wall Street futures were subdued on Friday after the three main U.S. indexes hit record highs in the previous session, packing up a week of economic data that did not temper expectation...

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Tesla said xAI stands for “eXploratory Artificial Intelligence.” It’s not clear where it got that.

Tesla said xAI stands for “eXploratory Artificial Intelligence.” It’s not clear where it got that.

Lionel BONAVENTURE / AFP Tesla recently outlined its reasoning for a pay package that could make Elon Musk a trillionaire. It said his record of success included a company called “...

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