Fed should be careful, deliberate with interest rate policy, Daly says
(Reuters) -San Francisco Federal Reserve Bank President Mary Daly on Friday called out the elevated uncertainties around the economic outlook,…
Month: March 2025
Musk, Rubio clash in cabinet meeting, New York Times says
WASHINGTON (Reuters) -U.S. Secretary of State Marco Rubio and billionaire White House adviser Elon Musk clashed on Thursday during a…
Morgan Stanley cuts US growth forecast for 2025 on tariff concerns
(Reuters) – Morgan Stanley lowered its 2025 economic growth forecast for the United States on Friday, citing greater impact from…
Ukraine’s former army chief says US ‘destroying’ world order
By Libby George LONDON (Reuters) – Valeriy Zaluzhnyi, Ukraine’s former armed forces chief and current ambassador to Britain, said on…
Grocery chain Kroger forecasts annual sales above estimates on steady demand
(Reuters) -Kroger on Thursday forecast annual same-store sales largely above Wall Street estimates, fueled by steady grocery demand as value-conscious…
Marvell’s tepid revenue forecast reignites AI spending fears, shares slump
By Arsheeya Bajwa (Reuters) – Marvell Technology tumbled 16% and dragged down rival chipmakers on Thursday, after an in-line revenue…
S&P downgrades Stellantis rating, expects tariff headwinds
(Reuters) – Global ratings agency S&P Global said on Thursday it has downgraded Stellantis to “BBB” from “BBB+”, citing weak…
Republican House Speaker Johnson aims for vote on government funding bill Tuesday
WASHINGTON (Reuters) -Republican U.S. House of Representatives Speaker Mike Johnson aims to hold a vote on Tuesday on a bill…
Saudi Aramco exploring initial bid for BP’s Castrol unit, source says
(Reuters) – Saudi Aramco is in the early stages of considering a potential bid for BP’s lubricant business Castrol, according…
Self-driving technology startup Avride partners with Hyundai to expand robotaxi fleet
(Reuters) – Avride has partnered with Hyundai Motor Co to expand its fleet of robotaxis, and signed a deal with…