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Tag: Reuters

New townhomes are seen under construction while building material supplies are in high demand in Tampa, Florida, U.S., May 5, 2021. REUTERS/Octavio Jones/File Photo

US new home sales slump to six-month low in May

Sales of new U.S. single-family homes dropped to a six-month low in May as a jump in mortgage rates weighed on demand.

Read More US new home sales slump to six-month low in May
A woman shops in a supermarket in Los Angeles, California, U.S., June 13, 2022. REUTERS/Lucy Nicholson/File Photo

US consumer confidence retreats slightly; house prices remain elevated

The mixed survey also showed consumers’ perceived likelihood of a recession over the next 12 months retreated this month.

Read More US consumer confidence retreats slightly; house prices remain elevated
FILE - The TikTok app logo appears in Tokyo on Sept. 28, 2020. TikTok may be the platform of choice for catchy videos, but anyone using it to learn about COVID-19, climate change or Russia's invasion of Ukraine is likely to encounter misleading information, according to a new research report. (AP Photo/Kiichiro Sato, File)

DOJ Prepares To File Lawsuit Against TikTok, Citing ‘Children’s Privacy Violations’

On behalf of the Federal Trade Commission (FTC), the U.S. Department of Justice is getting ready to bring a consumer protection lawsuit against ByteDance’s TikTok app later this year, Bloomberg News reported on Thursday.

Read More DOJ Prepares To File Lawsuit Against TikTok, Citing ‘Children’s Privacy Violations’
Prompts on how to use Amazon's Alexa personal assistant are seen alongside an Amazon Echo in an Amazon ?experience center? in Vallejo, California, U.S., May 8, 2018. Picture taken on May 8, 2018. REUTERS/Elijah Nouvelage/File Photo

Exclusive: Amazon mulls $5 to $10 monthly price tag for unprofitable Alexa service, AI revamp

Amazon is planning a major revamp of its decade-old money-losing Alexa service to include a conversational generative AI with two tiers of service.

Read More Exclusive: Amazon mulls $5 to $10 monthly price tag for unprofitable Alexa service, AI revamp
A sale sign greets shoppers at a retail store in Carlsbad, California, U.S., May 25, 2023. REUTERS/Mike Blake

US retail sales rise less than expected in May

U.S. retail sales barely rose in May, suggesting that economic activity remained lackluster in the second quarter.

Read More US retail sales rise less than expected in May
Boeing employees assemble 787s inside their main assembly building on their campus in North Charleston, South Carolina, U.S., May 30, 2023. Gavin McIntyre/Pool via REUTERS/File Photo

Exclusive: Boeing investigates quality problem on undelivered 787s, sources say

Boeing is investigating a new quality problem with its 787 Dreamliner after discovering that hundreds of fasteners have been incorrectly installed on the fuselages.

Read More Exclusive: Boeing investigates quality problem on undelivered 787s, sources say

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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