By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever,…
Category: Uncategorized
Tariff-wounded stocks find no balm with Powell remarks
By Lewis Krauskopf NEW YORK (Reuters) -Investors who may have been hoping the Federal Reserve is poised to come to…
Temu, Shein slash digital ads as tariffs end cheap shipping from China, data show
By Arriana McLymore NEW YORK (Reuters) – Chinese online marketplace Temu and fast-fashion retailer Shein, two of the biggest advertisers…
ECB to cut rates again to help economy overcome trade turmoil
By Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank is expected to cut interest rates for the seventh time…
OpenAI is working on X-like social media network, the Verge reports
(Reuters) -OpenAI is working on its own X-like social media network, the Verge reported on Tuesday, citing multiple sources familiar…
Exclusive-Top Hegseth adviser Dan Caldwell put on leave in Pentagon leak probe
By Phil Stewart WASHINGTON (Reuters) – One of U.S. Defense Secretary Pete Hegseth’s leading advisers, Dan Caldwell, was escorted from…
Bond strategists expect US yields to fall despite tariff turmoil
By Sarupya Ganguly BENGALURU (Reuters) – U.S. Treasury yields will fall, according to bond strategists polled by Reuters who say…
US SEC leaders push back as Musk’s DOGE seeks broad access, source says
By Chris Prentice NEW YORK (Reuters) – Elon Musk’s Department of Government Efficiency is seeking access to U.S. Securities and…
Global wine output and demand fall to lowest in decades
By Sybille de La Hamaide PARIS – Global wine production and consumption fell in 2024 to their lowest in decades,…
Bullish trade in Apple options reaps gains as shares jump on tariff exemption
By Saqib Iqbal Ahmed NEW YORK (Reuters) – An unidentified options trader’s multi-million dollar bet on a short-term rebound in…