News
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Lawsuit alleging racism in Louisiana's 'Cancer Alley' revived on appeal
By Nate Raymond April 10 (Reuters) - A federal appeals court has revived a civil rights lawsuit which alleges a south Louisiana parish engaged in discriminatory land-use practices that placed polluting industries in majority-Black communities on a stretch of land nicknamed "Cancer Alley."...Reuters
Thu, Apr 10
Stocks
PRECIOUS-Gold hits record high as US-China trade war intensifies, dollar weakens
Trump raises tariffs on Chinese imports to 125% U.S. consumer prices unexpectedly fall in MarchTraders add to bets on Fed rate cuts after CPI dataBy Brijesh Patel and Anmol Choubey April 10 (Reuters) - Gold prices jumped nearly 3% to an all-time high on Thursday, as a drop in the dollar and an es...Reuters
Thu, Apr 10
Other
US to keep monitors in place for TD Bank, Balfour Beatty, people familiar say
By Sarah N. Lynch and Chris Prentice WASHINGTON, April 10 (Reuters) - The U.S. Justice Department has decided to keep corporate monitors in place for military housing company Balfour Beatty Communities BALF.L and Canadian lender TD Bank TD.TO, amid the Trump administration's ongoing review of...Reuters
Thu, Apr 10
Other
ABB Opens $40+ Million Manufacturing Facility In New Mexico
April 10 (Reuters) - Abb Ltd ABBN.S:ABB OPENS $40+ MILLION MANUFACTURING FACILITY IN NEW MEXICOABB LTD - NEW FACILITY CREATES OVER 150 FULL-TIME JOBSABB LTD - ADDITIONAL $15 MILLION INVESTED IN EQUIPMENT UPGRADES AND AUTOMATIONReuters
Thu, Apr 10
Technical Analysis
US Dollar falls as tariffs and Fed concerns fuel bearish mood
The US Dollar Index (DXY) trades near the 101 area in Thursday’s session, falling further after failing to hold recovery momentum from earlier in the week. The move comes as new tariff measures confirmed by the White House send the effective rate on Chinese imports to a staggering 145%.Fxstreet
Thu, Apr 10
Commodities
US natgas output and demand to hit record highs in 2025, EIA says
By Scott DiSavinoApril 10 (Reuters) - U.S. natural gas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Thursday.EIA projected dry gas production will rise from 103.2 billion cubic feet per day ...Reuters
Thu, Apr 10
Indices
Dow Jones Industrial Average pares gains as markets brace for ongoing trade tensions
The Dow Jones Industrial Average (DJIA) eased lower on Thursday, backsliding below the 40,000 handle as investors rethink this week’s record-setting surge after the Trump administration announced yet another last-minute pivot away from its own confusing tariffs.Fxstreet
Thu, Apr 10
Commodities
Brazil's Conab raises 2024/25 soybean output estimate
SAO PAULO, April 10 (Reuters) - Brazil's national crop agency Conab on Thursday raised its forecast for 2024/25 soybean output in the world's largest producer and exporter to 167.87 million metric tones from 167.37 million tons.Record oilseed productivity was registered in states such as Sao...Reuters
Thu, Apr 10
Other
American Airlines plane struck on ground at Washington airport by another plane, no injuries reported
WASHINGTON, April 10 (Reuters) - An American Airlines AAL.O plane carrying several members of Congress at Reagan Washington National Airport was struck on the taxiway by the wingtip of another American Airlines airplane, the Federal Aviation Administration said Thursday.American Airlines Flight 5490...Reuters
Thu, Apr 10
Other
Health secretary Kennedy says US will know cause of autism epidemic by September
WASHINGTON, April 10 (Reuters) - The United States government will identify the cause of autism by September this year, U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. said on Thursday. "At your direction, we are going to know by September. We've launched a massive testing ...Reuters
Thu, Apr 10
Other
Oak Re 2843 ups 2025 GWP to more than $400 million
By Michael JonesApril 10 - (The Insurer) - Oak Reinsurance has received Lloyd's approval to increase Syndicate 2843's gross written premium to more than $400 million in the 2025 business plan.The Thursday announcement said the syndicate business forecast resubmission followed it outperformin...Reuters
Thu, Apr 10
Other
Jawbone from Taiwan shows geographic reach of enigmatic archaic humans
Denisovans are considered a sister group to NeanderthalsMandible fossil was dredged from Penghu Channel seafloorDenisovans thrived in multiple different environmentsBy Will Dunham April 10 (Reuters) - Molecular analysis has determined that a jawbone recovered off Taiwan's coast came from a De...Reuters
Thu, Apr 10
Economic Indicator
US March budget deficit falls to $161 bln, customs revenue rises
WASHINGTON, April 10 (Reuters) - The U.S. government posted a $161 billion budget deficit for March, down 32% or $76 billion from a year earlier, a decline due largely to a calendar shift for benefit payments as receipts continued to grow, the Treasury Department said on Thursday.The Treasury report...Reuters
Thu, Apr 10
Stocks
Why XRP (Ripple) Is Plummeting Today
The crypto token XRP (CRYPTO: XRP) is trading lower on Thursday, losing 4.9% as of 1 p.m. ET despite jumping as much as 5.4% earlier in trading since this time yesterday. The drop comes as the broader market takes a dive: The S&P 500 and Nasdaq Composite dropped 4.7% and 5.4%, respectively.The Secur...The Motley Fool
Thu, Apr 10
Other
Trump casts doubt on whether US Steel deal with Nippon is needed
WASHINGTON, April 10 (Reuters) - President Donald Trump said on Thursday he was not sure U.S. Steel X.N needs to make a deal with Nippon Steel 5401.T due to his tariff policy."U.S. Steel is going to do very well now because of tariffs, and I don't know why they even need a deal," Trump t...Reuters
Thu, Apr 10
Commodities
US will no longer require green analysis on thousands of oil, gas leases
By Timothy GardnerWASHINGTON, April 10 (Reuters) - The U.S. said on Thursday that it will no longer require an environmental impact statement for thousands of oil and gas leases across the U.S. West, in a move aligning with President Donald Trump's efforts to lift hurdles on drilling. The Interi...Reuters
Thu, Apr 10
Economic Indicator
WRAPUP 5-US consumer inflation eases ahead of tariffs
Consumer Price Index dips 0.1% in MarchCPI increases 2.4% on year-on-year basisCore CPI rises 0.1%; advances 2.8% on year-on-year basisLabor market stable in early AprilBy Lucia Mutikani WASHINGTON, April 10 (Reuters) - U.S. consumer prices unexpectedly fell in March amid cheaper gasoline and use...Reuters
Thu, Apr 10
Stocks
Tesla Is Plummeting Again -- Is It Time to Buy the Stock?
On the heels of huge gains yesterday, Tesla (NASDAQ: TSLA) stock is seeing big sell-offs in Thursday's trading. The electric-vehicle (EV) company's share price was down 9.9% as of 1:15 p.m. ET amid the backdrop of a 5.3% decline for the S&P 500 (SNPINDEX: ^GSPC) and a 6.1% decline for the Nasdaq Com...The Motley Fool
Thu, Apr 10
