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Trump, White House race to stem Epstein conspiracy fallout
White House weighs new disclosures and a special prosecutor in scramble to contain falloutTrump has backed Pam Bondi and urged his followers to move onSome key supporters are falling back in line, others are refusing to budgeBy Nandita Bose WASHINGTON, July 16 (Reuters) - For years, President Don...Reuters
Wed, Jul 16
Stocks
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025July 29-30 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT) September 16-17 (...Reuters
Wed, Jul 16
Commodities
FOCUS-How Canada's oil sands transformed into one of North America's lowest-cost plays
Canadian oil sands benefit from geology, technology, and cost-cutting measuresCanadian oil sands have lower break-even prices than U.S. shale producersTechnological advances improve efficiency and reduce costs in oil sands operationsBy Amanda Stephenson CALGARY, July 16 (Reuters) - Giant shovels,...Reuters
Wed, Jul 16
Commodities
FOCUS-Why crypto giant Tether bought a South American farming company
Tether looking to boost use of its stablecoin in commodities trading'Tokenization' of agricultural commodities like sugar or corn a potential optionCompany to use biomass-generated electricity to power bitcoin miningBy Marcelo Teixeira NEW YORK, July 16 (Reuters) - Crypto powerhouse Tethe...Reuters
Wed, Jul 16
Other
Facebook privacy practices the focus of $8 billion trial targeting Zuckerberg
Trial centers on alleged data privacy violations by Meta leadersMeta shareholders seek $8 billion in damagesDefendants say they took steps to protect user privacyBy Tom Hals WILMINGTON, Delaware, July 16 (Reuters) - An $8 billion trial by Meta Platforms META.O shareholders against Mark Zuckerberg...Reuters
Wed, Jul 16
Other
Lula's approval rating rises in Brazil after Trump threatens tariffs, poll shows
SAO PAULO, July 16 (Reuters) - Approval for Brazilian President Luiz Inacio Lula da Silva's government rose for the first time this year, a new poll showed on Wednesday, after his U.S. counterpart Donald Trump announced a 50% tariff on imports from Brazil starting in August.The Quaest poll commi...Reuters
Wed, Jul 16
Forex
RPT-COLUMN-Popping the dollar's 'anti-bubble?': Mike Dolan
By Mike DolanLONDON, July 16 (Reuters) - The U.S. dollar's bubble-like overvaluation may have already popped, but some wonder if an equally vulnerable "anti-bubble" may just have taken its place.Amid the roller-coaster ride in U.S. stocks and bonds during the turbulent first half of 2025...Reuters
Wed, Jul 16
Stocks
Street View: Wells Fargo holds analyst confidence despite near-term NII adjustments
** Wells Fargo WFC.N beats second-quarter profit estimates on Tuesday but cuts its 2025 guidance for net interest income** The fourth-largest U.S. lender's reports a net income of$5.49 billion, or $1.60 a share, in the three months ended June 30** Stock rated "buy" from an average of 25 ...Reuters
Wed, Jul 16
Stocks
LIVE MARKETS-The great euro zone employment split is good for the ECB
STOXX 600 down 0.2%Renault warning hits autosTariffs cloud ASML outlookWall St futures dipWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com.THE GREAT EURO ZONE EMPLOYMENT SPLIT IS GOOD...Reuters
Wed, Jul 16
Forex
AUD/USD gives back major early gains ahead of Aussie Employment data
The AUD/USD pair surrenders a majority of its initial gains during the European session on Wednesday. Still, the Aussie pair trades 0.10% higher to near 0.6540. The pair snaps three-day losing streak as the US Dollar (USD) struggles to extend its upside after refreshing three-week high on Tuesday.
Fxstreet
Wed, Jul 16
Stocks
Shakeup in Bloomberg Billionaires Index: Oracle Founder Surpasses Zuckerberg
TradingKey - On Tuesday, the Bloomberg Billionaires Index saw a reshuffle, with Oracle (ORCL) founder Larry Ellison climbing to second place with a net worth of $251.2 billion, surpassing Meta CEO Mark Zuckerberg.
TradingKey
Wed, Jul 16
Stocks
The Smartest Bank Stocks to Buy With $100 Right Now
Key PointsSoFi is adding high-value services to its platform that target its specific market.Nu is adding millions of customers quarterly, but it's still a small fish in a large sea of financial companies in Latin America.10 stocks we like better than SoFi Technologies › Bank stocks as a category ar...The Motley Fool
Wed, Jul 16
Other
Germany: Iran sanctions 'snapback' possible without solution on nuclear programme
BERLIN, July 16 (Reuters) - Germany and its partners France and Britain, collectively known as the E3, could reactivate Iran sanctions if the nuclear dispute is not resolved over the course of the summer, a spokesperson for the German foreign office said on Wednesday."A sustainable and verifiabl...Reuters
Wed, Jul 16
Stocks
Finnair warns of weaker North Atlantic demand
By Essi Lehto HELSINKI, July 16 (Reuters) - Finnair FIA1S.HE warned on Wednesday that weaker-than-expected demand for North Atlantic flights, falling ticket prices, and the impact of strikes could weigh on its 2025 comparable operating profit, sending its shares down as much as 9%.The Finnish car...Reuters
Wed, Jul 16
Stocks
1 Under-the-Radar Factor That Could Cause Alphabet's Stock to Soar in the Back Half of 2025
Key PointsGoogle Search's dominance is starting to come under question.Google Search has delivered excellent results in recent quarters.Google Cloud is Alphabet's most important growth segment. 10 stocks we like better than Alphabet › Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is currently out of favor...The Motley Fool
Wed, Jul 16
Other
Russian forces capture Novokhatske in eastern Ukraine
MOSCOW, July 16 (Reuters) - Russian forces have captured a settlement of Novokhatske in the Donetsk region of eastern Ukraine, the defence ministry said on Wednesday.Reuters could not independently confirm the battlefield report.Reuters
Wed, Jul 16
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