To The Moon

By David Lawder WASHINGTON, May 1 (Reuters) - U.S. Treasury Secretary Janet Yellen will make the argument on Friday that strong democratic institutions -- including an independent Federal Reserve

WASHINGTON, April 30 - U.S. consumer confidence deteriorated in April, falling to its lowest level in more than 1-1/2 years amid worries about the labor market and income, a survey showed on Tuesday. The Conference Board said that its consumer confidence index fell to 97.0 this month, the lowest level since July 2022, from a downwardly revised 103.1 in March. Economists polled by Reuters had forecast the index little changed at 104.0 from the previously reported 104.7 "Confidence retreated further in April as consumers became less positive about the current labor market situation, and more concerned about future business conditions, job availability, and income," said Dana Peterson, chief economist at the Conference Board in Washington. "According to April's write-in responses, elevated price levels, especially for food and gas, dominated consumer’s concerns, with politics and global conflicts as distant runners-up." Consumers' inflation expectations were unchanged at 5.3%.

Rumors of a bubble have been exaggerated.

Feb 22 - JPMorgan Chase CEO Jamie Dimon has sold about $150 million of his shares in the bank, a SEC filing showed on Thursday, marking the first time the head of the largest U.S. lender has sold shares since taking charge in 2005.Dimon and his family intend to sell 1 million of their 8.6 million shares, the bank had said in a filing last October. Dimon, one of the longest serving chief executives on Wall Street, has sold off 821,778 shares of the bank so far.The bank has a market capitalizatio

(Adds details from the statement in paragraph 2 and background in paragraphs 4-10) Jan 7 (Reuters) - Warren Buffett's Berkshire Hathaway and Pilot on Sunday said they had reached an agreement to

Musk denies drug use claims amid concern from Tesla executives.The entrepreneur said that in three years of random drugs testing "not even trace quantities were found of any drugs or alcohol.”A media previously reported that Elon Musk has used illegal drugs, worrying leaders at Tesla and SpaceX.

TSMC says its Arizona chip factory's opening has been delayed partly over a skilled-worker shortage.We spoke with two workers at the site who said poor management was the real reason.Some Phoenix work

You get lost driving to a party and there is a chance someone will ask, "Why, did you use Apple Maps?After its 2012 launch, Apple's road-atlas app quickly routed itself into hot-mess territory. Grand Cayman lacked roads. New York's Manhattan Bridge looked like a roller coaster. Officials in Australia warned that some of its navigation flaws were "potentially life threatening.". Apple CEO Tim Cook issued a rare apology to customers and fired his head of software. The company then spent years trying to fix the service.Now, according to customers and user-experience analysts, it has. Some users are finding reasons to switch to Apple Maps, including its clear public transit directions and its visually appealing design."Maps has come a long way, and people have noticed," Craig Federighi, Apple's head of software, said during the company's 2020 Worldwide Developers Conference.The biggest competitive advantage Apple Maps has over Google is its deeper integration in the iPhone. Any iOS service

A U.S. judge late on Tuesday granted the Federal Trade Commission's request to temporarily block Mic