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Day: February 7, 2025

US government added 9,000 jobs in January, gain not expected to continue

(Reuters) – The U.S. government added 9,000 workers in January, a gain economists do not expect to see repeated in…

February 7, 2025
General

Investment groups oppose Trump’s carried-interest tax hike plan

NEW YORK (Reuters) -Private investment industry groups on Friday opposed U.S. President Donald Trump’s plan to close a loophole that…

February 7, 2025

Traders now see just one Fed rate cut this year

(Reuters) – Traders of short-term interest-rate futures on Friday now expect the Federal Reserve to cut interest rates just one…

February 7, 2025
Business

Sharpie maker Newell Brands working to reduce China dependency amid tariff pressure

(Reuters) – Newell Brands’ CEO said on Friday it is aiming to reduce its reliance on Chinese suppliers to minimize…

February 7, 2025
Business

Pinterest shares jump as AI advertisement tools drive forecasts

By Jaspreet Singh (Reuters) – Pinterest’s shares rose 20% on Friday as it forecast first-quarter revenue above estimates, indicating that…

February 7, 2025
Business

ISS urges Apple investors to vote against scrapping diversity policies

(Reuters) -Influential proxy advisory firm Institutional Shareholder Services recommended on Friday that Apple investors vote against a proposal to consider…

February 7, 2025

Fed Monetary Policy Report flags solid economy, elevated markets

By Michael S. Derby (Reuters) -The Federal Reserve’s latest Monetary Policy Report to Congress, released on Friday, was upbeat about…

February 7, 2025
General

News outlets reject Trump accusations of USAID media ‘payoff’

By Lydia Morrish (Reuters) – Several major news outlets including Politico and the Associated Press have rejected unsubstantiated accusations by…

February 7, 2025

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