News
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US lawmakers move to block IMF Central Africa support over oil fund dispute
Bill could hold up IMF proposals for CEMAC countriesCentral Africa nations trying to bolster low foreign reservesOil funds estimated at up to $10 billionBy Bate Felix and Wendell Roelf DAKAR, April 9 (Reuters) - U.S. lawmakers have introduced legislation that could block International Monetary Fu...Reuters
Wed, Apr 9
Indices
Dow Jones Industrial Average rockets higher on tariff suspension
The Dow Jones Industrial Average (DJIA) skyrocketed on Wednesday, climbing over 2,200 points and reclaiming the 40,000 major price handle after the Trump administration announced it would once again pivot away from most of its recent tariff threats.Fxstreet
Wed, Apr 9
Other
Anthropic intensifies AI competition with $200 plan for Claude models
April 9 (Reuters) - Amazon-backed AMZN.O artificial intelligence startup Anthropic on Wednesday introduced a $200 plan for its Claude chatbot customers who use its generative AI models extensively.WHY IT'S IMPORTANT The OpenAI competitor's move underscores generative AI companies' race t...Reuters
Wed, Apr 9
Stocks
Why Tesla Stock Is Skyrocketing Today
Tesla (NASDAQ: TSLA) stock is soaring today amid a big rebound rally for the broader market. The company's share price was up 18.5% as of 3 p.m. ET. Meanwhile, the S&P 500 index was up 7.2%, and the Nasdaq Composite index was up 9.7%.The stock market is surging today after President Donald Trump ann...The Motley Fool
Wed, Apr 9
Economic Indicator
Italy says it opposes the CEO of STMicro
ROME, April 9 (Reuters) - The Italian government opposes the CEO of STMicroelectronics STMPA.PA, the economy minister said on Wednesday, as the Franco-Italian chipmaker faces a sustained downturn in its key automotive and industrial markets. "The behavior of the Italian shareholder will ...Reuters
Wed, Apr 9
Cryptocurrencies
Bitcoin, crypto prices pump as Trump pauses tariffs for 90 days
Bitcoin (BTC) and several top cryptocurrencies rallied on Wednesday after President Donald Trump announced the United States (US) would pause its reciprocal tariff on 75 countries following their failure to retaliate and the opening of negotiations with key government agencies.
Economic Indicator
Italy says budget deficit won't rise despite crumbling growth
Italy slashes 2025 GDP growth forecast to 0.6%Cuts 2026 growth to 0.8% Says outlook could improve as Trump suspends tariffsHolds budget deficit at 3.3% this year, 2.8% nextBy Giuseppe Fonte and Gavin JonesROME, April 9 (Reuters) - - Italy on Wednesday committed to keeping its budget deficit in check...Reuters
Wed, Apr 9
Stocks
Why Defense Stocks Are Rocketing Higher
Positive tariff news and some industry-specific speculation concerning future business helped light a rocket under defense stocks, sending the entire sector up.AeroVironment (NASDAQ: AVAV) shares led the way up 14%, and shares of Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC), and Science...The Motley Fool
Wed, Apr 9
Stocks
Forestry firms jump after Trump authorizes 90-day pause on tariffs
** Forestry products firms rise after U.S. President Donald Trump authorized a 90-day pause, effective immediately, as part of his tariff plan** Weyerhaeuser WY.N up 5.6%, Potlatchdeltic Corp PCH.O gains 4.3% and Rayonier RYN.N up 3.5%** Canadian firms: Canfor Corp CFP.TO up 7.3%, Interfor IFP.TO ga...Reuters
Wed, Apr 9
Forex
FOREX-US dollar rebounds against safe-haven currencies after Trump pauses tariffs
Trump's tariff pause boosts U.S. dollar against yen, Swiss francTariff rate for China hiked to 125%Wall Street indexes surge after tariff announcementDollar weakens against Chinese offshore yuanBy Chibuike Oguh and Stefano Rebaudo NEW YORK, April 9 (Reuters) - The U.S. dollar rebounded agains...Reuters
Wed, Apr 9
Commodities
ICE canola futures boosted by global tariffs suspension
WINNIPEG, Manitoba, April 9 (Reuters) - ICE canola futures edged higher on Wednesday, with a powerful upturn from soyoil after the White House announced a 90-day "pause" on many global tariffs.• The news broke after noon Wednesday, with an immediate surge in prices across many markets includ...Reuters
Wed, Apr 9
Stocks
Why XRP (Ripple) Is Skyrocketing Today
The crypto token XRP (CRYPTO: XRP) is rebounding on Wednesday, gaining 12% as of 2:30 p.m. ET. The jump comes as the broader market shot up: The S&P 500 and Nasdaq Composite gained a whopping 8.6% and 10.9%, respectively. XRP jumped after President Donald Trump announced a 90-day reduction of all ta...The Motley Fool
Wed, Apr 9
Stocks
Chemical firms rise after Trump announces 90-day pause on tariffs
** Shares of chemical firms rise after U.S. President Donald Trump authorized a 90-day pause, effective immediately, as part of his tariff plan ** Dow DOW.N and DuPont DD.N jump 15% and 11.8%, respectively; Celanese CE.N gains 17.3%** Coating makers PPG Industries PPG.N and Sherwin-Williams SHW.N up...Reuters
Wed, Apr 9
Cryptocurrencies
Kaspersky uncovers malware on SourceForge targeting crypto users with address swaps
Security firm Kaspersky has warned about new malware targeting crypto users through the software-hosting website SourceForge. In a recent publication, the firm said the software project on the website, Office Package, contains an address-poisoning malware targeting crypto users. According to the report, the Office package software is a legitimate project containing Microsoft Office add-ins. However, […]Cryptopolitan
Wed, Apr 9
Cryptocurrencies
Dogecoin Price Is In The Anger Phase: Don’t Get Caught In This Trap, Analyst Warns
Crypto analyst Selim has provided an in-depth analysis of the Dogecoin price action. He revealed that the foremost meme coin is about to enter the anger phase and warned investors not to get caught in the trap. Dogecoin Price About To Enter The Anger Phase In a TradingView post, Selim stated that ba...Bitcoinist
Wed, Apr 9
Cryptocurrencies
How Lightchain AI is Lighting Up a Dull Market
While much of the crypto market remains sluggish and uncertain, Lightchain AI is quickly becoming a standout story. With $18.8 million raised in its presale and tokens priced at just $0.007, the project is drawing major attention from investors searching for momentum in a dull landscape. What sets it apart is its integration of artificial […]Cryptopolitan
Wed, Apr 9
Stocks
US STOCKS-Wall Street leaps after Trump announces 90-day tariff pause
Trump sets 90-day tariff pause but raises China levy to 125%Indexes up: Dow 7.27%, S&P 500 8.51%, Nasdaq 10.77%By Sinéad Carew and Shashwat Chauhan April 9 (Reuters) - Wall Street's main indexes soared on Wednesday, with the S&P 500 up more than 8%, after U.S. President Donald Trump ...Reuters
Wed, Apr 9
Commodities
USDA to lose bird flu response employees, source says
USDA spokesperson said agency is reviewing upcoming staff departuresSource says departure of three workers likely to disrupt bird flu monitoringBird flu has sickened 70 people in U.S. and killed oneBy Leah Douglas April 9 (Reuters) - Several U.S. Department of Agriculture employees who worked on ...Reuters
Wed, Apr 9
Other
Hackers Breach Berkshire Hathaway's NetJets, Steal Client Data - Bloomberg News
April 9 (Reuters) - HACKERS BREACH BERKSHIRE HATHAWAY'S NETJETS, STEAL CLIENT DATA - BLOOMBERG NEWSPRIVATE JET COMPANY SAYS THE BREACH DIDN'T IMPACT OPERATIONS - BLOOMBERG NEWSSource text: https://tinyurl.com/ystz8x2pFurther company coverage: [BRKa.N]Reuters
Wed, Apr 9
