AmEx updates 2025 forecasts as affluent customers keep up spending
By Manya Saini and Arasu Kannagi Basil (Reuters) -American Express raised the lower end of its 2025 profit and revenue…
Fifth Third profit jumps on fee income, records $178 million loss from Tricolor bankruptcy
(Reuters) -U.S. regional bank Fifth Third Bancorp reported a 14% jump in third-quarter profit on Friday on the back of…
Trump says 100% tariffs on China not sustainable, still plans to meet Xi
By Doina Chiacu and Andrea Shalal WASHINGTON (Reuters) -U.S. President Donald Trump said his proposed 100% tariff on goods from…
States sue to stop Trump cancellation of $7 billion solar grant program
(Reuters) -Nearly two dozen states are suing the Trump administration over its cancellation of a $7 billion grant program aimed…
Chip stocks rise after TSMC’s rosy outlook on strong AI demand
(Reuters) -Semiconductor stocks advanced on Thursday after top contract chipmaker TSMC issued a rosy forecast, fanning optimism about demand for…
Salesforce jumps as $60 billion forecast eases revenue growth concerns
(Reuters) -Salesforce shares jumped more than 6% in premarket trading on Thursday, after the company forecast faster revenue growth in…
US homebuilder sentiment hits 6-month high; economy uncertainty clouds housing outlook
By Lucia Mutikani WASHINGTON (Reuters) -U.S. homebuilder sentiment jumped to a six-month high in October amid hopes that declining mortgage…
US officials blast China’s actions on rare earths, urge Beijing to back down
By David Lawder and Andrea Shalal WASHINGTON (Reuters) -Top U.S. officials on Wednesday blasted China’s major expansion of rare earth…
US judge blocks Trump’s plan to lay off thousands of government workers
By Daniel Wiessner (Reuters) -A federal judge in California on Wednesday ordered President Donald Trump’s administration to halt mass layoffs…
Bank of America sued over alleged financial ties to Jeffrey Epstein
NEW YORK (Reuters) -A woman who says she was abused by the late financier and sex offender Jeffrey Epstein sued…