IMF assessing Trump tariff plans but does not see US recession
WASHINGTON (Reuters) -The International Monetary Fund is continuing to assess the impact of President Donald Trump’s tariff plans, including his…
Year: 2025
H&M reports sluggish start to spring sales
By Helen Reid LONDON (Reuters) -H&M’s sales were up just 1% in March after a weaker than expected first quarter,…
Bank bosses call for softer rules, Trump-nominated regulators listen
By Lananh Nguyen, Pete Schroeder and Tatiana Bautzer NEW YORK (Reuters) – U.S. banking giants are pushing for a swath…
As Trump cuts funding, Ukrainians wonder who will answer for kids abducted in war
By Max Hunder KHERSON, Ukraine (Reuters) – When he learned that U.S. President Donald Trump had suspended funding for a…
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…
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…
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…
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…
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…
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…