Author Archives: Syndicated Content
US workers' share of GDP skids to fresh record low
Aug 6 (Reuters) - U.S. workers again saw their slice of the U.S. economy slide to a record low in the second quarter amid an ongoing productivity boom that is producing output gains which are outpacin...
Aug 06, 2026
US wholesale inventories revised slightly lower in June
WASHINGTON, Aug 6 (Reuters) - U.S. wholesale inventories rose slightly less than initially thought in June amid a reduction in the stocks of nondurable goods, including petroleum, government data show...
Aug 06, 2026
SpaceX, Tesla to initially spend $16.8 billion on Terafab chip plant in Texas
Aug 6 (Reuters) - Elon Musk's SpaceX and Tesla will initially invest $16.8 billion to build Terafab, an advanced AI semiconductor complex in Grimes County, Texas, as the companies race to secure the c...
Aug 06, 2026
Durigan says lowering interest rates is Brazil's 'big challenge'
BRASILIA, Aug 6 (Reuters) - Brazil's Finance Minister Dario Durigan said on Thursday that bringing interest rates down remains the country's "big challenge," while arguing that public finances in Lati...
Aug 06, 2026
Reports: Lions, RB Jahmyr Gibbs finalizing deal worth up to $75.75M
When Jahmyr Gibbs took the practice field for the first time in training camp on Thursday morning, he likely knew how his work week was going to end. Gibbs and the Lions agreed Thursday night on the p...
Aug 06, 2026
SpaceX stock climbs as shares available for trading more than double
By Niket Nishant and Akash Sriram Aug 6 (Reuters) - SpaceX stock rose in heavy trading on Thursday, as the number of shares available for public trading more than doubled following the expiry of the f...
Aug 06, 2026
DeepSeek invests $20.8 million in Unitree's Shanghai IPO
By Eduardo Baptista BEIJING, Aug 6 (Reuters) - Chinese artificial intelligence startup DeepSeek has invested 140.8 million yuan ($20.8 million) in robot maker Unitree and agreed to jointly develop AI ...
Aug 06, 2026
Optical networking firm Lumilens valued at $5.5 billion in latest funding round
Aug 6 (Reuters) - Optical networking startup Lumilens said on Thursday it was valued at $5.51 billion in its latest funding round, as surging investment in AI data centers fuels demand for high-speed ...
Aug 06, 2026
S&P 500, Nasdaq open lower as tech stocks weigh; MidEast in focus
Aug 6 (Reuters) - The benchmark S&P 500 and the Nasdaq opened lower on Thursday, weighed by a drop in technology stocks as strong forecasts from Western Digital and Sandisk failed to impress, while in...
Aug 06, 2026
Canada's services PMI edges up, but sector remains in contraction
By Fergal Smith TORONTO, Aug 6 (Reuters) - Canada's services economy contracted for a second straight month in July as economic uncertainty depressed market demand and business sentiment, S&P Global's...
Aug 06, 2026
