JPMorgan earns biggest-ever annual profit as investment bankers ride rebound
By Niket Nishant and Nupur Anand (Reuters) – JPMorgan Chase’s annual profit rose to a record as its dealmakers and…
Category: General
Fed hawks and doves: what US central bankers are saying
(Reuters) – U.S. central bankers project more limited interest-rate cuts in 2025 than the full percentage point of reductions they…
Trump USDOT nominee says Tesla safety probe will continue
By David Shepardson WASHINGTON (Reuters) – President-elect Donald Trump’s nominee to head the Transportation Department said he would allow an…
U.S. posts record $711 billion deficit for first three months of fiscal 2025
WASHINGTON (Reuters) – The U.S. government posted an $87 billion budget deficit in December, reduced partly by a shift of…
Factbox-Who is Nawaf Salam, Lebanon’s new prime minister-designate?
BEIRUT (Reuters) – President Joseph Aoun summoned jurist Nawaf Salam on Monday to designate him as Lebanon’s prime minister, after…
NATO seeks agreement on new goals for weapons and troops in summer, says top official
By Sabine Siebold BERLIN (Reuters) -NATO aims to bring forward a decision on new targets for weapons and troop numbers…
Dozens of oil tankers drop anchor after latest US sanctions bite
By Jonathan Saul LONDON (Reuters) – At least 65 oil tankers have dropped anchor at multiple locations, including off the…
Cleveland-Cliffs partners with Nucor to potentially bid for US Steel, CNBC reports
(Reuters) -Cleveland-Cliffs is partnering with peer Nucor to prepare a potential bid for U.S. Steel, CNBC reported on Monday, citing…
Biden calls for immediate ceasefire in call with Netanyahu, White House says
By Andrea Shalal WASHINGTON (Reuters) -U.S. President Joe Biden spoke on Sunday with Israeli Prime Minister Benjamin Netanyahu, the White…
Trump Treasury pick Bessent to divest assets to avoid conflicts
(Reuters) -Scott Bessent, the investor selected by President-elect Donald Trump to be his Treasury secretary, will divest from his Key…