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With inflation progress slow, Fed’s Daly says rate cuts may need to wait 2025-04-18T171830Z_1_LYNXMPEL3H0FG_RTROPTP_4_USA-FED-DALY

With inflation progress slow, Fed’s Daly says rate cuts may need to wait

Stock Focus Report April 18, 2025
(Reuters) -San Francisco Federal Reserve President Mary Daly said on Friday that while she is still comfortable...
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Volvo to cut up to 800 US jobs as Trump’s tariffs bite 2025-04-18T173258Z_1_LYNXMPEL3H0FS_RTROPTP_4_VOLVO-RESULTS
  • Business

Volvo to cut up to 800 US jobs as Trump’s tariffs bite

Stock Focus Report April 18, 2025
By Chris Prentice NEW YORK (Reuters) – Volvo Group plans to lay off as many as 800...
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Trump has discussed firing Fed’s Powell with Warsh, eyed as possible successor, WSJ says 2025-04-17T190734Z_1_LYNXMPEL3G0ZX_RTROPTP_4_USA-FED-POWELL-1

Trump has discussed firing Fed’s Powell with Warsh, eyed as possible successor, WSJ says

Stock Focus Report April 17, 2025
(Reuters) -President Donald Trump has privately discussed firing Federal Reserve Chair Jerome Powell for months and talked...
Read More Read more about Trump has discussed firing Fed’s Powell with Warsh, eyed as possible successor, WSJ says
AmEx profit beats expectations as card spending holds up 2025-04-17T110846Z_1_LYNXMPEL3G0G2_RTROPTP_4_FINANCE-AMERICAN-EXPRESS-1

AmEx profit beats expectations as card spending holds up

Stock Focus Report April 17, 2025
By Arasu Kannagi Basil and Niket Nishant (Reuters) – American Express beat Wall Street estimates for first-quarter...
Read More Read more about AmEx profit beats expectations as card spending holds up
Kraken lays off hundreds to streamline business ahead of IPO, Coindesk reports 2025-04-17T191606Z_1_LYNXMPEL3G102_RTROPTP_4_KRAKEN-PROBE-1
  • Business

Kraken lays off hundreds to streamline business ahead of IPO, Coindesk reports

Stock Focus Report April 17, 2025
(Reuters) -Kraken, one of the world’s largest cryptocurrency exchanges, has laid off hundreds of employees in the...
Read More Read more about Kraken lays off hundreds to streamline business ahead of IPO, Coindesk reports
Probe of Trump team’s compliance with order on deported man can proceed, court rules 2025-04-17T191359Z_2_LYNXMPEL3G100_RTROPTP_4_USA-TRUMP-IMMIGRATION-ERROR-1

Probe of Trump team’s compliance with order on deported man can proceed, court rules

Stock Focus Report April 17, 2025
(Reuters) – A U.S. appeals court has denied the U.S. Justice Department’s request to prevent a lower...
Read More Read more about Probe of Trump team’s compliance with order on deported man can proceed, court rules
Shein, Temu to get pricier as Trump cracks down on cheap imports 2025-04-16T181549Z_2_LYNXMPEL3F0VY_RTROPTP_4_USA-TRUMP-TARIFFS-RETAIL
  • Business

Shein, Temu to get pricier as Trump cracks down on cheap imports

Stock Focus Report April 16, 2025
(Reuters) -Chinese e-marketplace Temu and fast-fashion retailer Shein will raise prices next week as U.S. President Donald...
Read More Read more about Shein, Temu to get pricier as Trump cracks down on cheap imports
Powell does not think Trump’s labor board firings case will apply to Fed 2025-04-16T205326Z_1_LYNXMPEL3F0ZQ_RTROPTP_4_USA-ECONOMY-FED

Powell does not think Trump’s labor board firings case will apply to Fed

Stock Focus Report April 16, 2025
By Howard Schneider CHICAGO (Reuters) – The legal case before the Supreme Court over President Donald Trump’s...
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Intel will need license to export AI chips to Chinese clients, FT reports 2025-04-16T203005Z_1_LYNXMPEL3F0Z1_RTROPTP_4_INTEL-CEO-CHINA
  • Business

Intel will need license to export AI chips to Chinese clients, FT reports

Stock Focus Report April 16, 2025
(Reuters) – American chipmaker Intel has informed Chinese clients it will start needing a license to sell...
Read More Read more about Intel will need license to export AI chips to Chinese clients, FT reports
US IRS planning to rescind Harvard’s tax-exempt status, CNN reports 2025-04-16T204702Z_1_LYNXMPEL3F0ZN_RTROPTP_4_USA-TRUMP-UNIVERSITIES

US IRS planning to rescind Harvard’s tax-exempt status, CNN reports

Stock Focus Report April 16, 2025
(Reuters) – The U.S. Internal Revenue Service is making plans to rescind the tax-exempt status of Harvard...
Read More Read more about US IRS planning to rescind Harvard’s tax-exempt status, CNN reports

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