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Commodities
FOCUS-Hyundai Steel's $6 bln US investment draws investor ire, tests Seoul's tariff strategy
Hyundai Steel investors question feasibility, cost of US projectHyundai Steel's hastily drawn-up investment plan hits its sharesSome experts question if deal would help Seoul win more favourable terms in US trade talksBy Heekyong Yang and Hyunjoo Jin SEOUL, April 23 (Reuters) - In late March,...Reuters
Tue, Apr 22
Stocks
Trump Media pushes forward with pivot to crypto, ETF plans
Trump Media signs binding agreement with partnersNew products to dovetail with president's "America First" policiesVenture is Trump family's latest push into cryptoBy Suzanne McGee and Michelle Conlin April 22 (Reuters) - U.S. President Donald Trump's social media firm, Tr...Reuters
Tue, Apr 22
Other
White House says not taking aim at green group tax status
WASHINGTON, April 22 (Reuters) - The White House has no immediate plans to strip climate-focused non-profit organizations of their tax exempt status, a White House official said on Tuesday, as those groups marshalled efforts to prepare for a slew of executive orders."No such orders are being dra...Reuters
Tue, Apr 22
Commodities
LIVESTOCK-CME cattle gain as Wall Street rebounds
CHICAGO, April 22 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures strengthened on Tuesday on support from rising equity markets while hog futures also ticked up on a seasonally tighter supply of hogs, traders said.U.S. stocks rebounded on Tuesday as a spate of quarterly earnin...Reuters
Tue, Apr 22
Commodities
CIF/FOB Gulf Grain-Corn, soy barge bids steady to weaker
CHICAGO, April 22 (Reuters) - Basis bids for soybeans and corn delivered by barge to U.S. Gulf Coast terminals were steady to weaker on Tuesday, reflecting slightly cheaper costs for barge freight this week, traders said.* Empty barges available this week on the Mississippi River at St. Louis were o...Reuters
Tue, Apr 22
Stocks
Magnificent Seven rise over possible China-US trade war de-escalation
** "Magnificent Seven" group of megacap stocks rise in extended trading as investors cheer possible de-escalation of U.S.-China trade tensions** Trump tells reporters tariffs on imports from China would fall significantly following a deal, but not to zero** U.S. President Donald Trump also s...Reuters
Tue, Apr 22
Other
Rubio says he is rescheduling his trip to UK in coming months
WASHINGTON, April 22 (Reuters) - U.S. Secretary of State Marco Rubio said on Tuesday he will travel to the United Kingdom in the coming months after he canceled a planned trip to London, where talks about the war in Ukraine will take place this week.In a post on X, Rubio said he spoke with British F...Reuters
Tue, Apr 22
Stocks
Brandywine Realty Trust reports results for the quarter ended March 31 - Earnings Summary
Brandywine Realty Trust BDN.N reported a quarterly adjusted loss of 18 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -10 cents. The mean expectation of three analysts for the quarter was for a loss of 18 cents per share. Wa...Reuters
Tue, Apr 22
Other
REFILE-EXCLUSIVE-ConocoPhillips plans layoffs as part of broad restructuring
Company has hired Boston Consulting Group to advise on restructuring, sources sayCompany has started restructuring its operations; corporate and support functions to follow Layoffs expected in Q4; firm has not determined size of cutsBy Sheila Dang and Ernest Scheyder HOUSTON, April 22 (Reuters) -...Reuters
Tue, Apr 22
Commodities
EQT to buy Olympus Energy assets for $1.8 bln to boost Marcellus presence
April 22 (Reuters) - EQT EQT.N said on Tuesday it plans to buy the upstream and midstream assets of oil-and-gas producer Olympus Energy for $1.8 billion to expand its presence in the natural gas-rich Marcellus region in the U.S. A wave of consolidation in the U.S. energy sector since 2023 started...Reuters
Tue, Apr 22
Other
Florida Republican congressman faces anger over Musk Doge cuts
By Richard Cowan WASHINGTON, April 22 (Reuters) - Billionaire Elon Musk's drive to slash federal programs and the size of the federal workforce came under attack at a town hall meeting held by Representative Byron Donalds, as Republicans in the U.S. Congress find themselves increasingly havin...Reuters
Tue, Apr 22
Economic Indicator
Wealth management firm Altruist valued at nearly $2 billion in latest funding round
Total funding now at $601.5 millionFunding comes amid global M&A slowdown and market routCustodian for over 4,700 registered investment advisorsBy Ateev Bhandari April 22 (Reuters) - Altruist has raised $152 million in its latest funding round, led by Singapore's sovereign wealth fund GIC...Reuters
Tue, Apr 22
Stocks
3 No-Brainer EV Stocks to Buy With $100 Right Now
Many electric vehicle (EV) stocks soared to their all-time highs during the buying frenzy in meme stocks in 2021. But in 2022 and 2023, many of those stocks crumbled as rising interest rates curbed the growth of the EV market, compressed their lofty valuations, and drove investors toward more conser...The Motley Fool
Tue, Apr 22
Other
IMF must be more active on debt restructurings, Georgieva says
African countries want IMF to provide technical assistanceDebt roundtable to release new playbook for debt restructuringsAfrican leaders, IMF met By Andrea Shalal WASHINGTON, April 22 (Reuters) - The International Monetary Fund must be more active in debt restructuring processes, the global lende...Reuters
Tue, Apr 22
Economic Indicator
Fed's Kugler: Higher than expected tariffs likely to send prices higher
Federal Reserve Board Governor Adriana Kugler said late Tuesday that with US import tariffs significantly larger than expected and likely to put upward pressure on prices, the Fed ought to keep short-term borrowing costs unchanged until inflation risks recede, per Reuters.Fxstreet
Tue, Apr 22
Economic Indicator
WRAPUP 2-IMF slashes global outlook as White House says trade talks pick up pace
Trump says China tariffs will fall substantially after a dealTariffs to drag global growth to slowest since pandemicHundreds of finance officials court White House officialsProgress made in talks with Japan, IndiaU.S. companies see significant impact from tariffsBy Andrea Shalal, David Lawder and Nu...Reuters
Tue, Apr 22
Cryptocurrencies
Dogecoin Price Struggles With $0.15: Machine Learning Algorithm Reveals What Is In Store For Rest Of April
The Dogecoin price is currently struggling to break above the $0.15 level, providing a bearish sentiment for the leading meme coin. Amid the price struggle, this machine learning algorithm has revealed what to expect from DOGE as April draws to a close. Machine Learning Reveals What’s Next As ...Bitcoinist
Tue, Apr 22
