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Mexico president sends diplomatic memo to US on border security collaboration
MEXICO CITY, April 16 (Reuters) - Mexican President Claudia Sheinbaum said on Wednesday that she had sent a diplomatic memo to the United States about security collaboration at the two countries' shared border. A day earlier, the U.S. government announced an emergency transfer of nearly 110,000...Reuters
Wed, Apr 16
Economic Indicator
INSTANT VIEW-Bank of Canada holds benchmark rate steady at 2.75%
TORONTO, April 16 (Reuters) - The Bank of Canada on Wednesday held its benchmark interest rate at 2.75%, its first pause after seven consecutive cuts. MARKET REACTION: CAD/LINK: nBCLGFELB6 COMMENTSDOUG PORTER, CHIEF ECONOMIST AT BMO CAPITAL MARKETS"Obviously it was a difficult decision. ...Reuters
Wed, Apr 16
Stocks
GLOBAL MARKETS-Shares skid as Nvidia hurt by US chip-sale curbs, gold hits record
Tech shares hit as U.S. curbs China chip salesNvidia slumps 5.5% European and Asian stocks fall Gold climbs 2%+, dollar slides and safe-havens jumpOil up 1%+By Lawrence Delevingne and Harry Robertson BOSTON/LONDON, April 16 (Reuters) - Global shares fell on Wednesday, with gold trading at rec...Reuters
Wed, Apr 16
Commodities
Spotify down for thousands of users globally, Downdetector shows
April 16 (Reuters) - Music streaming platform Spotify's SPOT.N services were down for thousands of users worldwide on Wednesday, according to Downdetector.com.There were more than 47,000 incidents of people reporting issues with Spotify as of 9:32 a.m. ET, the outage tracking website showed.The ...Reuters
Wed, Apr 16
Forex
FOREX-Dollar resumes fall as investors wait on trade talks
Yen climbs into U.S.-Japan trade talksSwiss franc continues to post gains on dollar Fed's Powell to speak later on WednesdayBy Karen Brettell NEW YORK, April 16 (Reuters) - The dollar resumed its fall on Wednesday with both safe havens and risk sensitive currencies outperforming the greenback...Reuters
Wed, Apr 16
Other
AP accuses Trump White House of defying court order restoring access
WASHINGTON, April 16 (Reuters) - The Associated Press accused aides to President Donald Trump of defying a court order restoring its access to press events in the White House after a judge found the news agency had faced unlawful retaliation.In a court filing on Wednesday, lawyers for the AP accused...Reuters
Wed, Apr 16
Other
US judge blocks Energy Department from slashing federal research funding
BOSTON, April 16 (Reuters) - A federal judge temporarily blocked U.S. President Donald Trump's administration from carrying out steep cuts to federal research funding provided to universities by the U.S. Department of Energy.U.S. District Judge Allison Burroughs in Boston issued a temporary rest...Reuters
Wed, Apr 16
Commodities
US Army Corps grants emergency status for Enbridge Line 5 tunnel
By Valerie VolcoviciWASHINGTON, April 16 (Reuters) - The U.S. Army Corps of Engineers on Wednesday granted Enbridge's proposed tunnel for its Line 5 pipeline national energy emergency status, fast-tracking a key federal permitting process.President Donald Trump had ordered the Army Corps to issu...Reuters
Wed, Apr 16
Stocks
AMD flags $800 million hit from new US curbs on chip exports to China
April 16 (Reuters) - Advanced Micro Devices AMD.O expects charges of up to $800 million due to the latest curbs by the Trump administration on exports of advanced processors to China, the company said on Wednesday. Larger rival Nvidia NVDA.O said on Tuesday it would take $5.5 billion in charges as t...Reuters
Wed, Apr 16
Stocks
Plumas Bancorp reports results for the quarter ended March 31 - Earnings Summary
Plumas Bancorp PLBC.OQ reported quarterly adjusted earnings of $1.20 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.05. The mean expectation of three analysts for the quarter was for earnings of $1.12 per share. Wall Street ex...Reuters
Wed, Apr 16
Economic Indicator
US manufacturing output slows in March; tariffs cloud hangs over factories
WASHINGTON, April 16 (Reuters) - U.S. manufacturing production rose moderately in March and could decelerate further amid President Donald Trump's global tariffs, which have sparked a trade war with China.Factory output increased 0.3% last month after an upwardly revised 1.0% rebound in February...Reuters
Wed, Apr 16
Cryptocurrencies
On The Brink: Ethereum Challenges Descending Channel, Targets $3,000 Price
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is preparing for a potential rally towards the $3,000 mark, a level not towardseen since early February. This comes despite a tumultuous month in which the altcoin has experienced a nearly 20% decline in price, reflecting br...NewsBTC
Wed, Apr 16
Stocks
Gold miners gain as trade tensions boost safe-haven demand
** Shares of gold miners rise as bullion surpasses $3,300-mark for the first time** Spot gold XAU= up 2.54% at $3,309.70/ounce, as a weaker dollar and escalating U.S.-China trade tensions pushes investors towards the safe-haven asset GOL/** Gold, traditionally viewed as a safe-haven investment durin...Reuters
Wed, Apr 16
Cryptocurrencies
Shiba Inu Continues To Fall As Yeti Ouro Moves Closer To Next Presale Stage Attracting Whales
The whale investors are giving mixed signals towards Shiba Inu, with one-half offloading the tokens, whereas others are buying. On the other hand, Yeti Ouro (YETIO), a new meme-utility project, is shaping up the entire meme-crypto industry with its innovative structure and utility platform. Moreover, the project’s current presale stage is moving at a steady […]Cryptopolitan
Wed, Apr 16
Stocks
These Were the 2 Worst-Performing Stocks in the S&P 500 in March 2025
March wasn't the best month for the S&P 500, with the index dropping 5.8%. It was a tough month all around, as 98 of the S&P 500 stocks finished the month down at least 10%, but two especially had a bad month: Delta Air Lines (NYSE: DAL) and United Airlines (NASDAQ: UAL). Delta and United were the S...The Motley Fool
Wed, Apr 16
Other
Progressive’s combined ratio flat at 86% in Q1
By Michael LoneyApril 16 - (The Insurer) - U.S. personal lines insurer Progressive has reported its combined ratio was essentially flat at 86.0% in the first quarter, while net premiums written increased 17% to $22.21 billion.The Q1 combined ratio was a slight improvement on the 86.1% in the first q...Reuters
Wed, Apr 16
Economic Indicator
USD/JPY struggles to hold 142.00 as US-China trade war batters US Dollar
The USD/JPY pair struggles to hold the key support of 142.00 during North American trading hours on Wednesday, the lowest level seen in over four months. The pair faces selling pressure as the US Dollar has been hit hard by intensifying trade war between the United States (US) and China.
Fxstreet
Wed, Apr 16
