News
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Fed unlikely to save the day as global economy stares down tariff-induced abyss
Investing.com -- As the risk of recession rises sharply following the Trump administration's "Liberation Day" tariffs, some are counting on central banks, including the Federal Reserve, to save the daInvesting.com
Fri, Apr 4
Other
Tariff turmoil puts a freeze on global M&A dealmaking
Klarna, Chime public offerings among deals affectedUS M&A already down 13% in first quarter on trade woesTrend could hit businesses' ability to raise capitalBy Echo Wang, Charlie Conchie and Milana Vinn April 4 (Reuters) - From Wall Street to Israel and Sweden, U.S. President Donald Trump...Reuters
Fri, Apr 4
Stocks
Why Coupang Stock Plummeted Today
Shares of leading South Korean e-commerce juggernaut Coupang (NYSE: CPNG) were down 7% as of 2:30 p.m. ET on Friday, according to data provided by S&P Global Market Intelligence.While there was no direct news tied to the company, the drop comes from worries about President Yoon Suk Yeol's ouster in ...The Motley Fool
Fri, Apr 4
Other
Automakers provide stable pricing for now, but warn of future hikes
Automakers offer discounts amid tariff uncertainty, boosting short-term salesStellantis extends employee-discount program to wider marketSenator Cruz says an automaker has warned of potential $4,500 price hikes due to tariffsBy Nora Eckert, Kalea Hall, David Shepardson April 4 (Reuters) - Automak...Reuters
Fri, Apr 4
Forex
Mexican Peso plunges as US-China trade war escalates, Powell pushes back on rate cuts
The Mexican Peso (MXN) depreciates sharply against the US Dollar (USD) on Friday, erasing Thursday’s gains, which drove the exchange rate below the crucial 20.00 figure towards testing the 200-day Simple Moving Average (SMA) at 19.78.
Fxstreet
Fri, Apr 4
Stocks
Bayer renews bid for US Supreme Court to curb glyphosate cases
By Ludwig Burger and Brendan Pierson April 4 (Reuters) - Bayer BAYGn.DE said on Friday it was again petitioning the U.S. Supreme Court to sharply limit legal claims that its Roundup weedkiller causes cancer, seeking to avoid potentially billions of dollars in damages.Bayer said in its petition th...Reuters
Fri, Apr 4
Stocks
GLOBAL MARKETS-Stocks extend recent selloff, oil drops as China hits back after Trump tariffs
Stocks add to global selloff after China retaliatesTraders ramp up bets on Fed, BoE, ECB rate cuts Live coverage of the latest developments on tariffsBy Caroline Valetkevitch NEW YORK, April 4 (Reuters) - Global stock markets and oil prices tumbled again on Friday as China struck back agai...Reuters
Fri, Apr 4
Other
Law firms back Perkins Coie lawsuit against punitive Trump order
By Mike Scarcella and Sara Merken WASHINGTON, April 4 (Reuters) - More than 500 law firms have signed a court brief denouncing Donald Trump's targeting of Perkins Coie and other firms, expressing alarm over the Republican president's intensifying crackdown on the legal profession.Among th...Reuters
Fri, Apr 4
Commodities
US natgas prices drop 7% on reduced flows to LNG export plants, lower demand forecasts
US gas output on track to drop from record high in MarchUS LNG export feedgas on track to drop from record high in MarchUS gas inventories on track for rare build in MarchBy Scott DiSavinoApril 4 (Reuters) - U.S. natural gas futures dropped about 7% to a five-week low on Friday on a decline in daily...Reuters
Fri, Apr 4
Other
North Carolina judges open door to tossing 60,000 ballots in high court race
By Nate RaymondApril 4 (Reuters) - A North Carolina appeals court on Friday sided with a Republican candidate for a seat on the state's top court who is contesting the results of November's election by finding that thousands of the ballots cast should not be counted unless voters can swiftly...Reuters
Fri, Apr 4
Other
EU's Sefcovic told US counterparts that tariffs unjustified
BRUSSELS, April 4 (Reuters) - European Union trade commissioner Maros Sefcovic said on Friday that he told U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer that U.S tariffs were unjustified."A frank 2h exchange with Sec. @howardlutnick and Amb. @jamiesongre...Reuters
Fri, Apr 4
Other
Panama government says seeking exclusion to Trump's tariffs
PANAMA CITY, April 4 (Reuters) - Panama's government said on Friday that it is seeking an exclusion to the tariffs announced by U.S. President Donald Trump earlier this week."The scope of this decision and ways to mitigate its impact are being analyzed, including efforts to exclude Panama fr...Reuters
Fri, Apr 4
Other
Renovaro Says Predictive Oncology Terminates Merger Transaction With Co
April 4 (Reuters) - Renovaro Inc RENB.O RENOVARO PROVIDES UPDATE TO DEFINITIVE AGREEMENT WITH PREDICTIVE ONCOLOGYRENOVARO INC - PREDICTIVE ONCOLOGY TERMINATES MERGER TRANSACTION WITH RENOVARORENOVARO INC - CLAIMS POI IN BREACH OF BINDING AGREEMENTSRENOVARO INC - TO SEEK LEGAL REMEDIES IF NO LICENSE ...Reuters
Fri, Apr 4
Stocks
Why Palantir Stock Is Plummeting Today
Shares of Palantir (NASDAQ: PLTR) fell on Friday. The company's stock had lost 10.6% as of 2:30 p.m. ET and as much as 14% earlier in the day. The drop comes as the S&P 500 and the Nasdaq Composite both fell by more than 5%.The artificial intelligence (AI) software provider's stock is facing pressur...The Motley Fool
Fri, Apr 4
Technical Analysis
US Dollar lifted by Nonfarm Payrolls surprise and Powell’s cautious stance
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, rises on Friday and is trading near the 103 area following a stronger-than-anticipated Nonfarm Payrolls report.Fxstreet
Fri, Apr 4
Other
Duke Energy Completes More Than 96% Of Power Restoration In Ohio & Kentucky
April 4 (Reuters) - Duke Energy Corp DUK.N:DUKE ENERGY COMPLETES MORE THAN 96% OF POWER RESTORATION IN OHIO AND KENTUCKY WITHIN 36 HOURS; WORK CONTINUES FOR HARD-HIT AREAS IN HAMILTON AND CLERMONT COUNTIESReuters
Fri, Apr 4
