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Commodities
China hits back at US tariffs with export controls on key rare earths
Rare earth magnets to be covered by export controlsExport controls cover all countries, not just USManufacturers scrambling for access outside ChinaChina's move seen as opening salvo in U.S. trade spatBy Lewis Jackson, Amy Lv, Eric Onstad and Ernest Scheyder BEIJING/LONDON, April 4 (Reuters) ...Reuters
Fri, Apr 4
Other
EXCLUSIVE-SpaceX, ULA expected to clinch multibillion-dollar contract in key Pentagon launch program
WASHINGTON, April 4 (Reuters) - Elon Musk's SpaceX and United Launch Alliance are expected to each win a U.S. Space Force rocket launch contract on Friday worth billions of dollars to send some of the Pentagon's most sensitive satellites into space over the next several years, according to t...Reuters
Fri, Apr 4
Stocks
Signs of market stress worsening by the hour, Citi analysts say
NEW YORK, April 4 (Reuters) - Signs of market stress were worsening on Friday during a sharp stock selloff caused by trade war concerns after the announcement of sweeping U.S. tariffs, Citi analysts said in a note. "Our scorecard of stress in markets is looking worse by the hour," they said....Reuters
Fri, Apr 4
Commodities
Panama Canal to open bidding for LPG pipeline, authority says
By Marianna Parraga April 4 (Reuters) - The Panama Canal has authorized the opening of a bidding process for a new pipeline that will transport liquefied petroleum gas (LPG) across the interoceanic waterway, its authority said on Friday.Since Panama's Supreme Court last year ruled the return ...Reuters
Fri, Apr 4
Other
U.S. Peace Corps says Musk's cost-cutting team has arrived at its HQ
By Nathan Layne April 4 (Reuters) - Members of Elon Musk's cost-cutting team arrived at Peace Corps headquarters in Washington, the agency told Reuters, a signal it could become the latest U.S. government unit to face job cuts."Staff from the Department of Government Efficiency are curren...Reuters
Fri, Apr 4
Other
Tesla's software engineering head to depart, Bloomberg News reports
April 4 (Reuters) - Tesla's TSLA.O vice president of software engineering, David Lau, has told people at the company he is stepping down, Bloomberg News reported on Friday, citing people familiar with the matter.Reuters
Fri, Apr 4
Other
US junk bond spreads surge to 17-month high on trade war fears
By Alden Bentley and Matt TracyNEW YORK, April 4 (Reuters) - U.S. high-yield corporate bond spreads surged to 401 basis points as of late Thursday, their highest since November 2023, as global markets swooned over fears that U.S. President Donald Trump's plan for import tariffs would kick off a ...Reuters
Fri, Apr 4
Stocks
Treasury bond ETFs rise as investors search for safety
** Shares of exchange-traded funds tracking U.S. Treasuries rise as escalating trade war sends yields tumbling US/ ** U.S. Treasury yields, which move inversely to prices, fall as investors flee to safe-haven assets after China announces tariffs of 34% on U.S. goods ** iShares 20+ Year Treasury Bond...Reuters
Fri, Apr 4
Economic Indicator
TREASURIES-US yields slump on China tariff reaction; jobs report blunts impact
China's tariffs escalate trade war, send US Treasury yields lowerUS jobs report exceeds expectationsFed rate cut expectations rise on recession fears, tariffs impactBy Chuck Mikolajczak NEW YORK, April 4 (Reuters) - U.S. Treasury yields dropped on Friday after China countered against U.S. Pre...Reuters
Fri, Apr 4
Other
Berkshire dismisses 'false' reports on Buffett comments after Trump shares video
By Jonathan Stempel April 4 (Reuters) - Berkshire Hathaway BRKa.N said on Friday that reports on social media regarding comments allegedly made by its chairman are "false," after Donald Trump's account on Truth Social shared a video suggesting that Warren Buffett endorsed the U.S. pre...Reuters
Fri, Apr 4
Other
IGM Financial Reports $275 Billion Assets Under Management & Advisement As Of March 31
April 4 (Reuters) - IGM Financial Inc IGM.TO:IGM FINANCIAL INC. ANNOUNCES MARCH 2025 ASSETS UNDER MANAGEMENT & ADVISEMENT AND NET FLOWSIGM FINANCIAL INC - REPORTS $275 BILLION ASSETS UNDER MANAGEMENT AND ADVISEMENT AS OF MARCH 31, 2025Reuters
Fri, Apr 4
Stocks
Why BlackBerry Stock Crashed This Week
Shares of BlackBerry (NYSE: BB) fell off a cliff this week. The company's stock lost 24.2% for the week as of 2:40 p.m. ET and was down as much as 28.6% earlier in the week. The steep decline came as the S&P 500 (SNPINDEX: ^GSPC) lost a whopping 8.8%.The Canadian tech company reported quarterly resu...The Motley Fool
Fri, Apr 4
