News
Important Only
Economic Indicator
Dimon warns of economic impact of trade war, sees possible recession
Dimon says tariffs can have lasting negative consequencesTariffs could weigh on economic confidence, investments, he says'The quicker this issue is resolved, the better,' Dimon writes in annual letterU.S. bank CEOs met Commerce Secretary Lutnick after tariffs unveiledBillionaire fund manager...Reuters
Mon, Apr 7
Other
US Justice Department repeals Biden-era 'zero tolerance' policy for gun dealers
Repeal follows Trump's order to review Biden-era gun regulationsGun-control groups say repeal may boost illegal gun traffickingGun industry groups say repeal aids small firearm businessesBy Sarah N. LynchWASHINGTON, April 7 (Reuters) - The U.S. Justice Department on Monday repealed a Biden-era &...Reuters
Mon, Apr 7
Other
ANALYSIS-Bringing the war home: Gaza threatens to reshape an Australian election
Gaza War fractures Australia's Muslim and Jewish votersLabor government stance on Gaza angers pro-Palestinian votersJewish voters critical of Labor over antisemitic attacksConservative opposition targets Jewish vote in close electionBy Christine Chen and Byron Kaye SYDNEY, April 8 (Reuters) -...Reuters
Mon, Apr 7
Other
Golf-Schauffele reinvigorated after injury layoff
By Rory CarrollAUGUSTA, Georgia, April 7 (Reuters) - Xander Schauffele said the rollercoaster of emotions he experienced during the first major injury setback of his career left him grateful for his health and eager to fight for his first Green Jacket at this week's Masters. Schauffele, who won ...Reuters
Mon, Apr 7
Cryptocurrencies
Why Are So Many Investors That Longed Ethereum (ETH) Buying into Emerging Player Mutuum Finance (MUTM)
As Ethereum (ETH) has reached $1,814, many long-term ETH traders are now diversifying into Mutuum Finance (MUTM), an emerging player in the DeFi lending space. Despite ETH’s market strength, these investors are recognizing the immense growth potential of MUTM, which is priced at $0.025 in its current presale phase. The project has managed to secure […]Cryptopolitan
Mon, Apr 7
Other
US credit spreads continue to widen, no new bonds announced
Credit spreads widen due to tariff war fearsInvestment-grade spreads reach two-year lows, high-yield at widest since June 2023Market volatility halts bond issuance, companies hesitant to pay premiumsCompanies delay bond issuance amid market uncertaintyBy Shankar Ramakrishnan and Matt Tracy April ...Reuters
Mon, Apr 7
Other
North Carolina top court pauses order for 60,000 voters to prove eligibility
By Nate Raymond BOSTON, April 7 (Reuters) - The North Carolina Supreme Court on Monday put on hold an appellate court's decision that gave more than 60,000 voters just 15 days to establish their voting eligibility or have the ballots they cast last fall in a close race for a seat on the state...Reuters
Mon, Apr 7
Cryptocurrencies
CORRECTED-Brown Rudnick agrees to $8 million settlement over Guo bankruptcy work
By Dietrich Knauth April 7 (Reuters) - Brown Rudnick has agreed to pay about $8 million to resolve a dispute over the law firm's bankruptcy work for exiled Chinese businessman Guo Wengui, who was convicted on fraud charges in the U.S. last year for stealing hundreds of millions of dollars fro...Reuters
Mon, Apr 7
Commodities
Panama's comptroller office to sue over renewal of CK Hutchison contract
PANAMA CITY, April 7 (Reuters) - Panama's Comptroller General office will introduce a lawsuit against the officials who authorized the renewal in 2021 of a 25-year concession to Hong-Kong based CK Hutchison 0001.HK for the operation of two key ports near the Panama Canal, the comptroller general...Reuters
Mon, Apr 7
Commodities
CANADA-CRUDE-Western Canada Select heavy crude discount widens
April 7 (Reuters) - The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) CLc1 widened on Monday. WCS for May delivery in Hardisty, Alberta, settled at $9.15 a barrel under WTI, according to brokerage CalRock, after having s...Reuters
Mon, Apr 7
Commodities
US EPA approves Texas' first CO2 injection well
By Valerie Volcovici WASHINGTON, April 7 (Reuters) - The U.S. Environmental Protection Agency on Monday issued Texas' first permit to allow drilling to inject and store carbon dioxide to oil company Occidental OXY.N.The company's Oxy Low Carbon Ventures received a so-called Class VI permi...Reuters
Mon, Apr 7
Forex
Infineon Technologies to buy Marvell's auto ethernet business for $2.5 billion
April 7 (Reuters) - German chipmaker Infineon Technologies IFXGn.DE said on Monday it would buy Marvell Technology's MRVL.O automotive ethernet business for about $2.5 billion in cash, to expand its microcontroller segment.The automotive ethernet business, which will become a part of Infineon...Reuters
Mon, Apr 7
Stocks
Broadcom announces new $10 billion share buyback plan
April 7 (Reuters) - Broadcom AVGO.O said on Monday it was launching a new share buyback program of up to $10 billion, set to run through the end of the year, sending its shares up nearly 3% in extended trading.CEO Hock Tan said the move reflects confidence in Broadcom's semiconductor and infrast...Reuters
Mon, Apr 7
Commodities
Freeport-McMoRan CEO flags concern over global growth amid US tariffs
By Daina Beth Solomon SANTIAGO, April 7 (Reuters) - The CEO of copper producer Freeport-McMoRan FCX.N said on Monday she was concerned about the health of the global economy and the possibility of recession and inflation in the wake of U.S. tariffs rolled out last week. The comments from the worl...Reuters
Mon, Apr 7
Commodities
CIF/FOB Gulf Grain-Corn, soybean barge basis ease as trade war escalates
CHICAGO, April 7 (Reuters) - Spot basis bids for soybeans and corn delivered by barge to U.S. Gulf Coast terminals continued to fall on Monday, as a global trade war touched off by U.S. President Donald Trump's sweeping tariffs escalated further, traders said.* On Monday, Trump threatened to inc...Reuters
Mon, Apr 7
