In Today’s News

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Chief U.S. District Judge Matthew Brann of the Middle District of Pennsylvania on Thursday found that Habba was unlawfully serving as acting U.S. attorney for New Jersey, deeming improper a series of procedural maneuvers the Trump administration undertook to extend her 120-day interim tenure.The ruling, which … Read More »

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Buffett shoots down talk of Berkshire railroad merger, CSX shares slide

(Reuters) -Billionaire investor Warren Buffett on Monday shut down speculation of a blockbuster railroad merger, saying his company Berkshire Hathaway is not looking to buy another train company.Shares of CSX fell about 5% after Buffett told CNBC he was not interested in a merger, dousing investor hopes that … Read More »

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Fed’s Logan sees room to lower reserves, expects uptick in SRF use next month

(Reuters) -Dallas Federal Reserve President Lorie Logan on Monday said she feels the U.S. central bank has more room to reduce its reserves, and she expects banks to turn to its standing repo facility next month to alleviate any liquidity pressures.”We could see some temporary pressure aroundÂ the tax date … Read More »

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Other Headlines

Trump says China has to give US magnets or face 200% tariff

China is increasingly sensitive about rare earths and its control over supply, adding several rare earth items and magnets to its export restriction list in April in retaliation to tariff hikes by the United States. (Reporting by Steve Holland and Costas Pitas) … Read More »

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SpaceX aims to overcome Starship setbacks with tenth flight test

WASHINGTON (Reuters) -Elon Musk’s SpaceX will try to launch its giant Starship rocket for a tenth time from Texas on Monday to overcome a streak of development setbacks and achieve several long-sought milestones essential to the Mars rocket system’s reusable design.The 232-foot (71-meter) tall Super Heavy boo … Read More »

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