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Month: March 2025

Former Meta executives raise $15 million for AI assistant startup
Business

Former Meta executives raise $15 million for AI assistant startup

By Anna Tong SAN FRANCISCO (Reuters) – Two former Meta artificial intelligence executives have raised $15 million for Yutori, a…

March 27, 2025
Trade war’s impact on growth extremely detrimental, ECB says
Economy

Trade war’s impact on growth extremely detrimental, ECB says

BRUSSELS (Reuters) – A trade war with the United States could have a fleeting impact on euro zone inflation but…

March 27, 2025

US pending home sales rebound in February

WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes rebounded marginally in February amid a decline in mortgage rates…

March 27, 2025
Car rental firms Hertz, Avis zoom as tariffs seen hurting new-vehicle demand
General

Car rental firms Hertz, Avis zoom as tariffs seen hurting new-vehicle demand

By Medha Singh and Sukriti Gupta (Reuters) – Shares of highly shorted Hertz and Avis Budget Group surged on Thursday…

March 27, 2025
St. Louis Fed’s Musalem says tariffs could trigger more persistent inflation

St. Louis Fed’s Musalem says tariffs could trigger more persistent inflation

By Howard Schneider (Reuters) – Risks have increased that U.S. inflation will stall above the Federal Reserve’s 2% target or…

March 26, 2025
Nasdaq short interest up 2.2% in mid-March

Nasdaq short interest up 2.2% in mid-March

(Reuters) – Short interest on the Nasdaq rose about 2.2% in mid-March, the exchange said in a statement released late…

March 26, 2025
BofA raises gold price forecasts for 2025, 2026
Business

BofA raises gold price forecasts for 2025, 2026

(Reuters) – Bank of America (BofA) has raised its gold period average forecasts for this year and next, while highlighting…

March 26, 2025
US Senate confirms Trump’s picks to lead FDA, NIH
General

US Senate confirms Trump’s picks to lead FDA, NIH

(Reuters) -The U.S. Senate on Tuesday confirmed President Donald Trump’s nominees Martin Makary and Jay Bhattacharya as heads of the…

March 26, 2025
US oil, gas activity rose in first quarter, but energy execs wary of tariffs, Dallas Fed says
Business

US oil, gas activity rose in first quarter, but energy execs wary of tariffs, Dallas Fed says

By Curtis Williams and Georgina McCartney HOUSTON (Reuters) – U.S. oil and gas activity increased slightly in the first quarter,…

March 26, 2025
Trump sets Wednesday press conference for auto tariffs, White House says
General

Trump sets Wednesday press conference for auto tariffs, White House says

(Reuters) -U.S. President Donald Trump plans to hold a press conference on Wednesday afternoon to announce tariffs on automobile imports,…

March 26, 2025

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