Fed seen on track to start cutting rates by September
(Reuters) -Cooler-than-expected U.S. inflation last month deepened conviction in financial markets on Wednesday that the…
Fed seen on track to start cutting rates by September
(Reuters) -Cooler-than-expected U.S. inflation last month deepened conviction in financial markets on Wednesday that the Federal Reserve will start cutting interest rates by September and deliver a second reduction by the end of this year. A U.S. government report showed the Consumer Price Index – a measure of underlying inflation – rose just 0.1% in…
Space and defense tech firm Voyager raises $382.8 million in US IPO
(Reuters) -Voyager Technologies raised $382.8 million in its U.S. initial public offering, the space and defense tech company said on Tuesday, amid a global rush to amp up military spending. The company, which provides mission-critical space and defense technology solutions, along with some investors sold roughly 12.35 million shares at $31 per share, above its…
Disney, Universal sue image creator Midjourney for copyright infringement
By Dawn Chmielewski LOS ANGELES (Reuters) -Walt Disney and Comcast’s Universal filed a copyright lawsuit against Midjourney on Wednesday, calling its popular AI-powered image generator a “bottomless pit of plagiarism” for its use of the studios’ best-known characters. The suit, filed in federal district court in Los Angeles, claims Midjourney pirated the libraries of the…
US Treasury’s Bessent calls on China to be ‘reliable partner’ in trade negotiations
WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Wednesday called on China to uphold its commitments under an initial U.S. trade agreement reached in Geneva last month, hours after he and other U.S. and Chinese officials agreed on a new framework to implement the deal. Bessent said in testimony before the House of Representatives Ways…
Undervalued Nasdaq Stocks Under $50 That Could Deliver Massive Gains
Where Opportunity Hides in Plain Sight In today’s market, the spotlight tends to shine on mega-cap tech giants trading at sky-high valuations. But savvy investors know that some of the most exciting opportunities lie elsewhere—among lesser-known Nasdaq-listed companies still trading under $50. These stocks may lack the buzz of household names, but many are backed…
Top 4 Energy Transition Stocks Worth Researching Now
How Investors Are Positioning for the Multi-Trillion Dollar Clean Infrastructure Boom Why the Energy Transition Is the Defining Investment Opportunity of the Decade The global economy is undergoing a historic shift driven by climate commitments, technological advancement, and infrastructure overhaul. As the world moves toward net-zero emissions targets, public and private capital is flowing into…
Spain, Portugal switch back on, seek answers after biggest ever blackout
MADRID (Reuters) -Spain and Portugal switched their power back on after the worst blackout in their history, though authorities offered little explanation for what had caused it or how they would prevent it happening again. Traffic lights were back on, train and metro services slowly returned and schools reopened. Commuters battled with delays to get…
Mexican economy seen flat in first quarter: Reuters poll
MEXICO CITY (Reuters) – Mexico’s economy likely remained flat in the first three months of 2025 as a result of uncertainty generated by U.S. President Donald Trump’s fluctuating tariff policies, a Reuters poll showed on Tuesday. Gross Domestic Product (GDP) likely sat at 0.0% in the first quarter in seasonally adjusted terms, according to the…
Burberry launches search for Chairman Gerry Murphy’s successor, Sky News reports
(Reuters) -British luxury brand Burberry is evaluating potential candidates to succeed Gerry Murphy as chairman, Sky News reported on Tuesday. While Murphy is not expected to step down this year, the exact timing of his departure has not been formally determined, the report said, citing insiders. Murphy, who took over from Sir John Peace in…
“America First” antitrust enforcement is not regulation, DOJ official says
By Jody Godoy (Reuters) -The head of the U.S. Department of Justice’s antitrust division laid out a vision for “America First” antitrust in her first public speech on Monday, calling it a way to prevent corporate regulation. Robust antitrust enforcement, including merger enforcement, is necessary as a check on the free market that will ultimately…
