(Reuters) -Traders are set to make about $1.4 billion in paper profits from their short positions in Tesla shares on…
Year: 2025
Nvidia briefly on track to become world’s most valuable company ever
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Hakeem Jeffries sets record with 8-1/2-hour speech before vote on Trump tax bill
By Richard Cowan WASHINGTON (Reuters) -Hakeem Jeffries talked. And talked. And talked, as the top Democrat in the House of…
US Treasury chief sees 100 countries getting 10% reciprocal tariff
WASHINGTON (Reuters) -About 100 countries are likely to see a reciprocal tariff rate of 10%, U.S. Treasury Secretary Scott Bessent…
Nvidia briefly on track to become world’s most valuable company ever
By Noel Randewich and Shashwat Chauhan (Reuters) -Nvidia hit a market value of $3.92 trillion on Thursday, briefly putting it…
U.S. House approves Trump’s mega budget bill
(Reuters) -The Republican-controlled U.S. House of Representatives passedPresident Donald Trump’s massive tax-cut and spending bill on Thursday. The megabill, which…
Goldman Sachs raises Fed rate cut forecast to three in 2025
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Goldman Sachs raises Fed rate cut forecast to three in 2025
(Reuters) -Goldman Sachs on Monday raised its projection for U.S. interest rates in 2025 to three-quarter-point cuts because of muted…
US manufacturing mired in weakness as tariffs bite
By Lucia Mutikani WASHINGTON (Reuters) -U.S. manufacturing remained sluggish in June, with new orders subdued and prices paid for inputs…
Fed’s Powell says dollar swap lines remain important tool
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Chair Jerome Powell said Tuesday the U.S. central bank has no…