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Cryptocurrencies
US Treasury announces new Series I bond rate of 3.98% for May-October
The US Treasury department announced on Wednesday that new Series I savings bonds that would be purchased between May 1 and October 31, 2025, will pay an annual interest of 3.98%. That number replaces the 3.11% rate from the last six-month cycle. The new rate includes a 2.86% inflation-based portion and a 1.10% fixed rate, […]Cryptopolitan
Wed, Apr 30
Commodities
US natgas prices slide 2% on mild weather, lower demand
U.S. LNG export feedgas on track to hit record high in AprilU.S. gas output on track to hit record high in AprilU.S. gas storage about 1% below five-year averageBy Scott DiSavino April 30 (Reuters) - U.S. natural gas futures slid about 2% on Wednesday on forecasts for milder weather and lower dem...Reuters
Wed, Apr 30
Other
Apartment manager Greystar faces more 'junk fee' lawsuits after FTC case
By Mike Scarcella April 30 (Reuters) - Apartment management giant Greystar is facing a growing number of U.S. consumer lawsuits after the Federal Trade Commission accused the company earlier this year of duping tenants with hidden “junk” fees.Greystar was hit with a new proposed class action on T...Reuters
Wed, Apr 30
Commodities
CBOT corn rebounds on US export demand
CHICAGO, April 30 (Reuters) - Chicago Board of Trade corn futures finished stronger on Wednesday as solid U.S. export demand supported prices, analysts said.CBOT July corn CN25 ended up 5-1/4 cents at $4.75-1/2 per bushel. The most-active contract Cv1 rebounded after falling to the lowest price sinc...Reuters
Wed, Apr 30
Economic Indicator
Fed signals rates will remain unchanged despite market bets on looming cuts
Fed's concern is above-target inflation that may worsen due to tariffsU.S. economy shrank last quarter, consumer spending slowedTraders expect an interest rate cut in JuneBy Ann Saphir April 30 (Reuters) - Federal Reserve policymakers have signaled that short-term interest rates will remain u...Reuters
Wed, Apr 30
Commodities
CBOT wheat rises on bargain buying after contract lows
April 30 - Chicago Board of Trade wheat futures closed higher on bargain buying on Wednesday as the market rebounded from contract lows, analysts said. Short covering helped support gains after recent losses left the market oversold, traders said.Market chatter indicated that Chinese buyers had retu...Reuters
Wed, Apr 30
Other
Yogurt maker Danone working to remove artificial dyes from products sold in US
By Jessica DiNapoli NEW YORK, April 30 (Reuters) - Yogurt maker Danone DANO.PA is looking to remove artificial dyes from its U.S. portfolio, which includes the Yo Crunch, Light & Fit and Oikos brands, said Shane Grant, CEO of the company's Americas business, in an interview on Wednesday. ...Reuters
Wed, Apr 30
Commodities
CBOT soybeans hit two-week low on US-China trade war concerns
CHICAGO, April 30 (Reuters) - Chicago Board of Trade soybean futures closed lower on Wednesday after touching a two-week low as U.S. President Donald Trump's trade war with China fueled concerns about export demand, analysts said.China is the world's biggest soybean importer.The nation will ...Reuters
Wed, Apr 30
Stocks
PREVIEW: Qualcomm shares edge up; results due after the bell
** Shares of Qualcomm QCOM.O up 0.2% in Wed afternoon trading, with the chipmaker seen reporting higher yr-over-yr qtrly rev in its results due after the closing bell** The broader mkt is lower on the day** Qualcomm is expected to show report fiscal Q2 rev of $10.66 bln vs $9.39 bln in the yr-ago pe...Reuters
Wed, Apr 30
Stocks
US STOCKS-Wall Street dips as economy contracts for first time since 2022
Q1 GDP contracts at 0.3% rateSMCI plunges after Q3 forecast cutMajor US indexes on pace for monthly declines Indexes off: Dow 0.03%, S&P 500 0.31%, Nasdaq 0.68%By Chuck Mikolajczak NEW YORK, April 30 (Reuters) - U.S. stocks stumbled on Wednesday after data showed the economy contracted in the...Reuters
Wed, Apr 30
Stocks
Grupo Televisa SAB reports results for the quarter ended March 31 - Earnings Summary
Grupo Televisa SAB TV.N reported quarterly adjusted earnings of 3 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of four analysts for the quarter was for a loss of 9 cents per sha...Reuters
Wed, Apr 30
Economic Indicator
What to Watch in the Day Ahead - Thursday, May 1
Apple is expected to report a rise in second-quarter revenue, with iPhone sales being flat in the January to March period due to competition in China and the slow rollout of Apple Intelligence features.Amazon is expected to report a rise in first-quarter revenue, driven by steady cloud demand, but w...Reuters
Wed, Apr 30
Cryptocurrencies
Elon Musk announces his departure from DOGE and president Trump’s cabinet
Elon Musk on Wednesday sort of confirmed that he’s cutting his ties with both the Department of Government Efficiency and Donald Trump’s Cabinet, ending a chaotic federal side quest that lasted just over three months. The eccentric but highly-respected billionaire, who has juggled his role at Tesla with his federal gig since January, told Trump […]Cryptopolitan
Wed, Apr 30
Commodities
Expand Energy sees minimal near-term impact from Trump's tariffs
Longer term, tariff impact depends on outcome and scale of programExpand well-positioned for Gulf Coast demand growth - analystExpand says on track to produce more in 2025, 2026 to meet growing demand Expand plans $2.7 bln investment to boost production by 2025Expand aims for 7.5 bcfed production by...Reuters
Wed, Apr 30
Cryptocurrencies
Code Wars: Cardano Claims The Crown From Ethereum In Core Development
Cardano has surpassed Ethereum in central developer activity, a dramatic turn that disputes its long-held status as a “ghost chain.” The development has kindled fresh optimism among investors that Cardano’s price may soon experience significant increases. Related Reading: Only XRP?...NewsBTC
Wed, Apr 30
Cryptocurrencies
Shiba Inu and Dogecoin: Are the Meme Giants Still Worth It in 2025? Experts Weigh In as Mutuum Finance Aims to Dwarf Them
As the hype around Shiba Inu (SHIB) and Dogecoin (DOGE) continues to evolve, investors are questioning whether these meme-based tokens still hold the same explosive potential in 2025. While both have seen monumental gains in the past, with Dogecoin becoming a household name and Shiba Inu rallying behind its community-driven momentum, their long-term growth prospects […]Cryptopolitan
Wed, Apr 30
Other
California considers scrapping revamped bar exam after botched test rollout
By Karen Sloan April 30 (Reuters) - The California Supreme Court could ditch the state's redesigned bar exam in July amid mounting criticism of the new test's problem-plagued February debut.In a 65-page petition filed on Tuesday to the high court, the State Bar of California introduced th...Reuters
Wed, Apr 30
Technical Analysis
US Dollar Index drifts sideways ahead of key jobs and inflation data
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, hovered near 99.30 on Wednesday as investors remained cautious ahead of the Nonfarm Payrolls and inflation data later in the week.Fxstreet
Wed, Apr 30
