Citi expects higher effect of tariffs on growth in second half, puts recession odds close to 45%
By Tatiana Bautzer NEW YORK (Reuters) -Citigroup’s Chief Economist Nathan Sheets said on Tuesday the U.S. has a 40% to…
Month: April 2025
Exclusive-‘China Track’ bank netting system shields Russia-China trade from Western eyes
MOSCOW (Reuters) -Major Russian banks have set up a netting payments system dubbed “The China Track” for transactions with China,…
Trump administration seeks records from Harvard on foreign funding and ties
By Kanishka Singh WASHINGTON (Reuters) -President Donald Trump’s administration said on Friday it sought Harvard University’s records on foreign funding…
Gaza’s Christians ‘heartbroken’ for pope who phoned them nightly
By Nidal al-Mughrabi and Maya Gebeily CAIRO/BEIRUT (Reuters) – Members of Gaza’s tiny Christian community said they were “heartbroken” on…
Putin says Easter ceasefire is over, Russia ‘positive’ on peace proposals
MOSCOW (Reuters) – Fighting in Ukraine has resumed after the Easter ceasefire, Russia’s President Vladimir Putin said on Monday, adding…
Pope Francis gave women Vatican roles, but held back on wider changes
By Joshua McElwee VATICAN CITY (Reuters) – One of the most long-lasting impacts of Pope Francis’ pontificate may be his…
Reddit back up after outage affecting thousands of users worldwide
(Reuters) -Social media platform Reddit was restored after thousands of users worldwide experienced outages on Monday, according to Downdetector.com. On…
Trump warns of economic slowdown unless Fed cuts rates, triggering selloff
By Howard Schneider and Ismail Shakil (Reuters) -The U.S. economy could slow unless interest rates are lowered immediately, President Donald…
Venezuelan migrants were set for deportation without judicial review, lawyers tell US Supreme Court
By Andrew Chung WASHINGTON (Reuters) – President Donald Trump’s administration was prepared to carry out deportations of dozens of Venezuelan…
NY Fed finds Americans trimming back wage expectations for new jobs
By Michael S. Derby NEW YORK (Reuters) -Americans’ view on labor markets soured in March as respondents to a Federal…