News
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Trump administration says it lacks authority to bring back man wrongly deported to El Salvador
April 14 (Reuters) - President Donald Trump’s administration on Monday told a federal judge it lacks authority to bring a man wrongfully deported to El Salvador back to the U.S. because he is in foreign custody, despite a court order directing the administration to “facilitate” the man’s return.Reuters
Mon, Apr 14
Other
Bessent says White House will start interviewing candidates for next Fed chair this fall
WASHINGTON, April 14 (Reuters) - U.S. Treasury Secretary Scott Bessent on Monday said the White House will start interviewing candidates this fall to succeed Federal Reserve Chair Jerome Powell, whose term ends in May 2026.Bessent, speaking with Bloomberg TV during a visit to Argentina, said that wo...Reuters
Mon, Apr 14
Commodities
ADM halting domestic trading in China, cutting jobs in Shanghai
By Ella Cao, Karl Plume and Ana Mano BEIJING/CHICAGO, April 14 (Reuters) - Global grain merchant Archer-Daniels-Midland ADM.N has begun shutting down domestic trading operations in China and laying off staff within its largest business segment as part of a global cost-cutting push, the company sa...Reuters
Mon, Apr 14
Other
Harvard will fight Trump administration demands over funding
Harvard says federal demands violate academic freedomSome Harvard professors already sued Trump administrationHarvard says Trump push against antisemitism veering off courseBy Brad Brooks April 14 (Reuters) - Harvard President Alan Garber wrote in a public letter on Monday that Harvard had receiv...Reuters
Mon, Apr 14
Other
Law firms’ deals with Trump roil their staff, deepen industry rifts
By Sara Merken and Mike Scarcella April 14 (Reuters) - Law firms that have pledged $940 million so far in free legal work and made other concessions to U.S. President Donald Trump are facing a backlash from some of their own lawyers, who say the firms compromised too much to avoid a showdown with...Reuters
Mon, Apr 14
Forex
Morocco's HPS plans fintech acquisition before 2027, CEO says
By Ahmed EljechtimiMARRAKECH, April 14 (Reuters) - Moroccan payment solutions firm HPS HPS.CS plans to spur growth with the acquisition of a fintech firm before 2027, the company's CEO said on Monday. Casablanca-listed HPS operates in 95 countries and posted 2024 revenue of 1.267 billion dirhams...Reuters
Mon, Apr 14
Stocks
Applied Digital's shares fall after Q3 revenue misses estimates
** Shares of data center operator Applied Digital APLD.O fall 11% in extended trading** Co reports Q3 revenue of $52.9 mln, missing analysts' average estimate of $63.4 mln — LSEG data** Revenue in the data center hosting business falls 7% to $35.2 mln** Co reports Q3 adj loss of 8 cents per shar...Reuters
Mon, Apr 14
Other
Support dwindles for leftist's call for Ecuador election recount
Incumbent Noboa declared winner of Sunday's presidential voteLeftist Gonzalez demands recount, despite one million vote gapGrowing number of opposition figures recognize defeatBy Alexandra Valencia QUITO, April 14 (Reuters) - Support for Ecuadorean leftist Luisa Gonzalez's call for a reco...Reuters
Mon, Apr 14
Economic Indicator
Unions sue to block Trump from eliminating labor mediation agency
By Daniel Wiessner April 14 (Reuters) - More than a dozen major unions filed a lawsuit on Monday seeking to block the administration of President Donald Trump from shutting down a federal agency that mediates labor disputes in the public and private sectors.The unions in a complaint filed in Manh...Reuters
Mon, Apr 14
Other
Judge orders Bank of America to pay $540 million in FDIC lawsuit
April 14 (Reuters) - A federal judge ordered Bank of America BAC.N to pay $540.3 million in a long-running lawsuit by the Federal Deposit Insurance Corp, which accused the bank of underpaying assessments to a federal deposit insurance fund.In a decision made public on Monday, U.S. District Judge Lor...Reuters
Mon, Apr 14
Cryptocurrencies
XRP Reaches ABC Pattern Top—Analyst Says $6.50+ Targets Still In Play
XRP finds itself at a pivotal juncture following a move that touched the 0.382 Fibonacci retracement near the $2.24, as highlighted by crypto analyst Casie (@CasiTrades). Referring to this zone as “XRP Reaching C Top,” she pointed out that this level aligns precisely with the upper boundary of the l...NewsBTC
Mon, Apr 14
Cryptocurrencies
Solana (SOL), Cardano (ADA), or Ruvi AI (RUVI)? Why Investors Are Betting Big On This New AI Altcoin
Cardano and Solana have built a strong reputation in the crypto world as leaders in scalability and innovation. Both have established themselves with impressive ecosystems and loyal communities. But as investors keep looking for the next big opportunity, a rising star named Ruvi AI (RUVI) is getting all the attention. This emerging altcoin combines blockchain […]Cryptopolitan
Mon, Apr 14
Other
Fed's Harker does not comment on economic, monetary policy outlook
April 14 (Reuters) - Federal Reserve Bank of Philadelphia President Patrick Harker did not comment on the economy and monetary policy in a speech text on Monday. The official instead used prepared comments to a student group to explain the Fed’s structure and how it makes policy decisions.Reuters
Mon, Apr 14
Commodities
CANADA-CRUDE-Western Canada Select heavy crude discount returns to pre-Keystone spill narrowness
April 14 (Reuters) - The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) CLc1 narrowed on Monday, returning to the extremely tight levels it was trading at prior to last week's shutdown of the Keystone pipeline. WCS for Ma...Reuters
Mon, Apr 14
Other
Netflix Aims To Double Revenue From $39 Billion Last Year And Earn About $9 Billion In Global Ad Sales By 2030, WSJ reports
April 14 (Reuters) - NETFLIX TO DOUBLE REVENUE FROM $39 BILLION LAST YEAR AND EARN ABOUT $9 BILLION IN GLOBAL AD SALES BY 2030- WSJSource text: [https://tinyurl.com/43rj2sv8]Reuters
Mon, Apr 14
Commodities
US says most tomatoes imported from Mexico to face 21% duty from July 14
April 14 (Reuters) - The U.S. Commerce Department on Monday said most tomatoes imported from Mexico to the United States will face duties of 20.91% from July 14 as it withdraws from an agreement it said had failed to protect domestic tomato growers."This action will allow U.S. tomato growers to ...Reuters
Mon, Apr 14
