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Insurers Aim to Boost Rates
Finances

Insurers Aim to Boost Rates

Severe storms that brought hail and high winds to places such as Texas and states in the central U.S. are wreaking havoc on insurers’ profits.

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

US existing home sales fall; annual house price decline slows By Reuters

© Reuters. FILE PHOTO: A “sold” sign is seen outside of a recently purchased home in Washington, U.S., July 7, 2022. REUTERS/Sarah Silbiger/File Photo WASHINGTON

Home Sales Fall Amid High Mortgage Rates, Low Supply
Business

Home Sales Fall Amid High Mortgage Rates, Low Supply

Existing home sales, which make up most of the housing market, decreased 3.3% in June from the prior month to a seasonally adjusted annual rate

4 big analyst picks: AMD called a
Finances

AMD called a ‘Top Pick’ at Wolfe; Cisco upped at JPMorgan By Investing.com

© Reuters Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: initiation at AMD, upgrades at Cisco, bluebird

Tesla's AI Hype Collides With Reality
Finances

Tesla's AI Hype Collides With Reality

Elon Musk leaned into perceptions of Tesla as a leader in artificial intelligence on Wednesday’s earnings call, but didn’t signal concrete progress on self-driving technology

No let up for world stocks as banking worries persist By Reuters
Finances

South Africa’s central bank holds rates as economy improves By Reuters

© Reuters. FILE PHOTO: The logo of South Africa’s central reserve bank is seen during the delivery of a keynote address by South Africa’s central

Why Russia Killed the Ukraine Grain Deal
Finances

Why Russia Killed the Ukraine Grain Deal

Disrupting Ukrainian exports could help Russia get better prices for its own agricultural commodities. Source link

Finances

Sri Lanka parliament approves bill to boost central bank independence By Reuters

© Reuters. People walk past the main entrance of the Sri Lanka’s Central Bank in Colombo, Sri Lanka March 24, 2017. REUTERS/Dinuka Liyanawatte/File Photo By

JPMorgan ups Turkey inflation, growth forecasts after rates decision By Reuters
Finances

JPMorgan ups Turkey inflation, growth forecasts after rates decision By Reuters

© Reuters. People shop at a fresh market in Istanbul, Turkey July 5, 2023. REUTERS/Dilara Senkaya/File Photo LONDON (Reuters) – Wall Street bank JPMorgan (NYSE:)

Gate.io teams up with Sumsub for enhanced identity verification, anti-fraud and compliance
Finances

Sumsub more than doubles its document processing capability

Today, Sumsub, a full-cycle verification platform, announced it now supports 14K+ identity document types from all over the world, more than doubling its previous ability