News
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Trump's Tariffs Had Little Impact on GDP in 2025, but Raised Revenue, Academic Paper Finds
WASHINGTON, March 25 (Reuters) - U.S. President Donald Trump's barrage of tariffs last year had only a minimal impact on U.S. economic output but raised significant federal revenue and contributed to a further U.S.-China trade decoupling, a new Brookings Institution academic paper showed on WednesdaReuters
Thu, Mar 26
Today’s Market Recap: US-Iran Ceasefire Talks Uncertain, US Stocks Edge Higher, Chinese Concept Stocks Shine, SpaceX Expected to List in June
TradingKey - Prospects for US-Iran ceasefire negotiations dominated Wednesday’s market movements. As Iran’s stance hardened, oil prices rebounded from intraday lows to eventually close higher. US equities and Treasuries did not follow the reversal in oil prices, both closing slightly higher and mark
Wall Street Advances as Investors Bet on Mideast De-Escalation
March 25 (Reuters) - Wall Street's main indexes closed higher on Wednesday as oil prices fell while Iran reviewed a U.S. proposal to end the war in the Middle East, feeding investor hopes for de-escalation in the fourth week of a war that has disrupted global energy flows and stoked inflation concerReuters
Thu, Mar 26
IMF Running Scenarios on Which Nations May Need Aid Due to Iran War, Bloomberg News Reports
March 25 (Reuters) - The International Monetary Fund is running scenarios on countries to gauge which economies could be in need of fresh financing if the Iran war drags on, Bloomberg News reported on Wednesday, citing people familiar with the matter.The IMF has asked country desks at the IMF to shaReuters
Thu, Mar 26
US Links Security Guarantees to Ukraine Giving up Donbas, Zelenskiy Says
US has offered security guarantees if Ukraine hands Donbas region to Russia, Zelenskiy says Ukrainian leader says abandoning defensive line in Donbas would be a major security risk Zelenskiy thanks Trump for continuing US weapon supplies to Ukraine despite Iran conflictUkraine's advances in miss...Reuters
Thu, Mar 26
What Did Jury Decide in Social Media Case Against Meta and Google?
March 25 (Reuters) - A Los Angeles jury found Alphabet's Google GOOGL.O and Meta META.O liable on Wednesday in a landmark youth social media addiction trial. Here are the details of the jury's verdict: META, GOOGLE OWE DAMAGESMeta and Google owe $3 million in compensatory damages and $3 ...Reuters
Thu, Mar 26
Fed's Miran Again Calls on Fed to Cut Interest Rate Target
March 25 (Reuters) - Federal Reserve Governor Stephen Miran said Wednesday monetary policy is holding the economy back right now and that’s not where central bank interest rates should be.The 3.5% to 3.75% federal funds rate now in place is about a percentage point too high and is “modestly restrictReuters
Thu, Mar 26
Us Oil Prices Rise as Investors Assess Middle East De-Escalation
TOKYO, March 26 (Reuters) - U.S. oil prices rose in early trade on Thursday, recovering some of the previous day's losses as investors assessed prospects for de-escalation in the Middle East and Iran reviewed a U.S. proposal to end the war, which has disrupted energy flows from the Gulf.U.S. Wes...Reuters
Thu, Mar 26
Google Reveals Algorithms to Address AI Memory Challenges; Memory and Storage Stocks Drop
Alphabet revealed a set of new algorithms today designed to reduce the amount of memory needed to run large language models and vector search engines.Shares of major memory and storage suppliers had declined during early market action on Wednesday. Micron Technology (MU) was down 3%, Western DigitalTiger News
Thu, Mar 26
Inflation-Spooked Rates Markets Have Overshot: Mcgeever
ORLANDO, Florida, March 25 (Reuters) - Markets overshoot, and the dramatic surge in bets on higher interest rates in light of the Middle East energy shock is the latest case in point: the move may be logical, but its magnitude is questionable.As the dust settles on one of the busies...Reuters
Thu, Mar 26
Dollar Strengthens as Confidence Recovers, Fed Hike Bets Trimmed
SINGAPORE, March 26 (Reuters) - The dollar held on to gains at the start of Asian trading on Thursday as investors sought clarity on whether a de-escalation in the U.S.-Israeli conflict with Iran was imminent and trimmed bets that the Federal Reserve's next move may be...Reuters
Thu, Mar 26
ECB's Lagarde opens door to rate hikes if Iran conflict pushes up inflation
Lagarde says inaction may be hard to communicateLane flags selling prices, wages as keyInvestors expect multiple ECB rate hikes this yearMounting signs that Iran crisis is hurting the economyRehn says ECB should look beyond oil pricesBy Balazs Koranyi and Francesco Canepa FRANKFURT, March 25 (Reu...Reuters
Wed, Mar 25
SpaceX aims to file for IPO as soon as this week, The Information reports
March 24 (Reuters) - SpaceX is aiming to file its initial public offering prospectus with regulators later this week or next week, The Information reported on Tuesday, citing a person with direct knowledge of the plans.Advisers involved in the preparation expect the Elon Musk-led company could attem...Reuters
Wed, Mar 25
Euro Area: Pmis Soften as Inflation Pressures Rise
Deutsche Bank analysts report that Euro Area activity is slowing, with the composite PMI dropping to a 10‑month low while still just above the 50 expansion threshold. They emphasize that survey details point to rising input prices, suggesting renewed inflation pressures.
Fxstreet
Wed, Mar 25
Us Stock Futures Rise as Mideast Ceasefire Prospects Lift Sentiment
March 25 (Reuters) - U.S. stock index futures climbed on Wednesday, after media reports that the U.S. was seeking a month-long ceasefire in its war with Iran, allaying some investor fears around prolonged energy supply disruptions.Reuters
Wed, Mar 25
