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Trump says he will announce reciprocal tariffs on many countries next week
WASHINGTON, Feb 7 (Reuters) - President Donald Trump said on Friday he plans to announce reciprocal tariffs on many countries by Monday or Tuesday of next week, a major escalation of his offensive to tear up and reshape global trade relationships in the U.S.' favor.
US President Trump says Elon Musk’s D.O.G.E will audit the Pentagon
President Donald Trump has unleashed Elon Musk’s Department of Government Efficiency (D.O.G.E.) on the Pentagon’s $824 billion budget, and honestly, it was about time. The announcement came today during a press conference at the White House with Japanese Prime Minister Shigeru Ishiba.Cryptopolitan
Feb 8, 2025
Crude grades edge higher as markets worry about tariffs, sanctions
Feb 7 (Reuters) - U.S. physical crude grades edge marginally higher on Friday, dealers said, as markets worried about tight supplies after new sanctions on Iran's crude exports and threats of tariffs on other countries.
Reuters
Feb 8, 2025
OpenAI reveals “chain of thought” in ChatGPT’s o3-mini model to match DeepSeek’s open-source hype
According to a new announcement by OpenAI, ChatGPT’s o3-mini model now reveals a step-by-step chain of thought. This update comes as OpenAI is facing increasing pressure from rival companies like DeepSeek. Earlier on Thursday, OpenAI announced that the paid and free users of ChatGPT will receive anCryptopolitan
Feb 8, 2025
Staffer with Elon Musk's DOGE amplified white supremacists online
WASHINGTON, Feb 7 (Reuters) - One of the people working with billionaire Elon Musk in his efforts to overhaul the U.S. government is a Berkeley-educated computer scientist who has boosted white supremacists and misogynists online.Reuters
Feb 8, 2025
Ripple Vs. SEC Lawsuit: XRP Price Balks At The Latest Developments
The Ripple vs. SEC lawsuit has taken an interesting turn. A recent development suggests that this long-running legal battle might end soon. Surprisingly, the XRP price has failed to react positively to this development and has, instead, crashed significantly.
Oil prices set for 3rd straight weekly fall on tariff concerns
Prices supported by new US sanctions on Iran crude exportsOffset by fears that trade tensions will hit demandTrump also repeating pledge to increase US oil productionAdds settlement prices, analyst comment HOUSTON, Feb 7 (Reuters) - Oil prices finished with daily gains on Friday after new sanctio...Reuters
Feb 7, 2025
US FDA approves AbbVie-Pfizer's treatment for intra-abdominal infections
Feb 7 (Reuters) - AbbVie ABBV.N said on Friday that the U.S. Food and Drug Administration approved its drug for complicated intra-abdominal infections, including those caused by drug-resistant bacteria.AbbVie and co-developer Pfizer's PFE.N drug, Emblaveo, is approved in combination with an...
Reuters
Feb 7, 2025
US natgas prices hold at one-week high on rising LNG flows, colder forecasts
US gas storage withdrawals may have hit a record high in JanuaryUS gas production on track for record high in FebruaryUS LNG export feedgas on track for record high in FebruaryBy Scott DiSavinoFeb 7 (Reuters) - U.S. natural gas futures held near a one-week high on Friday on rising flows to liquefiedReuters
Feb 7, 2025
More Bitcoin (BTC) left exchanges as outflows, sets a yearly record
Despite the price weakness of Bitcoin (BTC), withdrawals from exchanges reached a yearly record. The shift signals another round of the usual flow of BTC toward whale wallets that aim to control as many coins as possible for long-term storage.Cryptopolitan
Feb 7, 2025
Trump administration to keep 611 USAID essential staff, notice says
The Trump administration will keep 611 essential workers on board at USAID, according to a notice sent to workers at the U.S. foreign aid agency late Thursday night and shared with Reuters by an administration official on Friday.Reuters
Feb 7, 2025
