Meta plans nearly $1 billion data center project in Wisconsin, Bloomberg News reports
(Reuters) – Meta Platforms is planning on spending nearly $1 billion on setting up a data center project in central…
Day: April 5, 2025
Hedge funds, ETFs dump over $40 billion in stocks after Trump tariff shock
By Carolina Mandl and Saqib Iqbal Ahmed NEW YORK (Reuters) -Global hedge funds and levered exchange-traded funds (ETFs) dumped more…
DOGE staffers arrive at U.S. antitrust and consumer protection agency
By Jody Godoy (Reuters) -Two people working with billionaire Elon Musk on a bid to radically shrink the U.S. government…
Trading Day: Trump tariffs wipe $5 trillion off Wall Street
By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Bears, fears and tears One of the most pivotal weeks in…
IRS starts laying off 20,000 workers, eliminates civil rights office
By Kanishka Singh (Reuters) -The U.S. Internal Revenue Service began making sweeping cuts to its workforce on Friday, the agency’s…
Robots, fraught consumers star in China AI videos mocking tariffs
By Antoni Slodkowski BEIJING (Reuters) – China’s state-run media has taken to the internet with AI-generated videos, featuring dancing robots…
China to US: ‘Market has spoken’ after tariffs spur selloff
By Antoni Slodkowski BEIJING (Reuters) -China said on Saturday “the market has spoken” in rejecting U.S. President Donald Trump’s tariffs,…
Musk says he hopes for ‘zero tariffs’ between US and Europe
ROME (Reuters) – U.S. tech-billionaire Elon Musk said on Saturday he hoped in future to see complete freedom of trade…