Pinterest shares surge as strong ad spend defies tariff uncertainty
(Reuters) -Pinterest shares jumped over 12% in premarket trading on Friday, after a strong quarterly revenue forecast allayed investor jitters…
Month: May 2025
Investors pull money out of US equity funds for a fourth straight week
(Reuters) -U.S. equity funds saw outflows for a fourth straight week through May 7, driven by uncertainties around trade tariffs…
Trump says 80% tariff on Chinese goods “seems right”
(Reuters) -U.S. President Donald Trump said on Friday that 80% tariffs on Chinese goods “seems right” as representatives prepared for…
Trump says he is OK with Republicans raising taxes on the rich
WASHINGTON (Reuters) -U.S. President Donald Trump on Friday cautioned fellow Republican in Congress of the political consequences if they raise…
Wall Street rallies as first trade deal reached
The Race to Build AI’s Backbone Is On – One Company Is Already in Motion In Today’s News “This crypto…
US weighs plan to lower China tariffs to as low as 50%, New York Post reports
WASHINGTON (Reuters) -The Trump administration is weighing a plan to slash the 145% tariff on Chinese imports by more than…
Stablecoin bill fails to clear key hurdle in U.S. Senate
By Hannah Lang (Reuters) -Legislation that would create a regulatory framework for U.S. dollar-pegged cryptocurrency tokens known as stablecoins faced…
Apple is developing specialized chips for smart glasses and AI servers, Bloomberg News reports
(Reuters) -Apple is developing specialized chips that will power future devices including its first smart glasses, artificial intelligence servers and…
In his first appearance, Pope Leo offers three big clues about his papacy
By Joshua McElwee VATICAN CITY (Reuters) – From his first moments on the balcony of St. Peter’s Basilica, Pope Leo…
Novavax says talks with FDA on COVID vaccine approval ongoing calming investor fears
By Sriparna Roy (Reuters) -Novavax on Thursday tried to calm investors spooked by the delay of full approval of its…