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Mexico reports first human case of H5N1 bird flu
MEXICO CITY, April 4 (Reuters) - Mexico has detected its first human case of H5N1 bird flu, the health ministry said on Friday. The infection was confirmed on Tuesday in a three-year-old girl living in the northern state of Durango, who remains hospitalized in serious condition.Reuters
Fri, Apr 4
Stocks
Nasdaq confirms it is in bear market, ending more than 20% below record close
April 4 (Reuters) - The tech-heavy Nasdaq Composite index .IXIC confirmed on Friday that it is in a bear market, after a 22.7% fall from its Dec. 16 record close, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global e...Reuters
Fri, Apr 4
Other
Pentagon says Timothy Haugh to depart as NSA director
WASHINGTON, April 4 (Reuters) - The Pentagon said on Friday that Timothy Haugh will depart as the U.S. National Security Agency director and the commander of the Cyber Command."The Defense Department thanks General Timothy Haugh for his decades of service to our nation, culminating as U.S. Cyber...Reuters
Fri, Apr 4
Other
US IRS to cut 25% of its employees, Washington Post reports
April 4 (Reuters) - The U.S. Internal Revenue Service plans to cut nearly 25% of its workforce in layoffs affecting roughly 20,000 jobs, the Washington Post reported on Friday, citing records and people familiar with the plans.The cuts began on Friday, with the agency announcing it would eliminate i...Reuters
Fri, Apr 4
Forex
AUD/JPY Price Analysis: Heavy losses drag pair near 88.60 as bearish momentum accelerates
The AUD/JPY pair tumbled aggressively on Friday, retreating toward the 88.60 area after shedding over 4% during the day. The move represents one of the steepest intraday declines in recent sessions, dragging the pair away from the recent highs and into a mid-range zone between 87.41 and 92.64.
Fxstreet
Fri, Apr 4
Commodities
Oil dives 7% to lowest in over 3 years on China's tariffs
Brent closes at lowest since August 2021Oil posts biggest weekly decline since 2023China announces retaliatory tariffs on USOPEC+ unexpectedly speeds up oil output hikesRussian court rules not to suspend Caspian pipeline export terminalBy Arathy Somasekhar HOUSTON, April 4 (Reuters) - Oil pri...Reuters
Fri, Apr 4
Stocks
US STOCKS-Trump tariff tailspin worsens, Nasdaq confirms in bear market
Second day of chaotic sell-off since Trump tariff announcementGlobal recession fears grow as retaliation beginsThree benchmarks post largest two-day declines since March 2020Fed Chair Powell warns of tariff impact on inflationIndexes down: S&P 500 5.97%, Nasdaq 5.82%, Dow 5.5%By David French ...Reuters
Fri, Apr 4
Stocks
CANADA STOCKS-TSX confirms correction as it posts biggest decline since March 2020
TSX ends down 4.7% at 23,193.47Closes more than 10% below January 30 peakCanada's economy sheds 33,000 jobs in MarchEnergy falls 8.7% as oil tumblesBy Fergal Smith April 4 (Reuters) - Canada's commodity-linked main stock index ended more than 10% below its January 30 record closing high o...Reuters
Fri, Apr 4
Other
Meta plans nearly $1 billion data center project in Wisconsin, Bloomberg News reports
April 4 (Reuters) - Meta Platforms META.O is planning on spending nearly $1 billion on setting up a data center project in central Wisconsin as part of its investment in artificial intelligence technology, Bloomberg News reported on Friday.Wisconsin in February reached an agreement with an unnamed c...Reuters
Fri, Apr 4
Stocks
RPT-QUOTES-Markets extend plunge after Powell says Fed to wait and see on tariffs impact
April 4 (Reuters) - The rout on Wall Street continued on Friday, with the Nasdaq earning a bear-market classification, after China imposed fresh tariffs on all U.S. goods in response to the Trump administration's sweeping levies, escalating a global trade war. The S&P 500 .SPX, Dow ...Reuters
Fri, Apr 4
Other
Trump administration drops Biden's proposal of Medicare weight-loss drug coverage
April 4 (Reuters) - The Centers for Medicare & Medicaid Services said on Friday that it did not move forward with a proposal put forth by the Biden administration on Medicare coverage of weight-loss drugs such as Novo Nordisk's NOVOb.CO Wegovy.Reuters
Fri, Apr 4
Stocks
3 Ways the New U.S. Tariffs Might Affect Amazon Stock
President Donald Trump's "Liberation Day" tariff program set off a string of worries and sent the markets tumbling on Thursday and Friday. New fears about how the tariffs could trigger a recession sent investors running toward safer instruments like U.S. Treasury bills. Analysts at J.P. Morgan raise...The Motley Fool
Fri, Apr 4
Other
FTC eyes resuming insulin lawsuit against drug middlemen
By Jody Godoy April 4 (Reuters) - The U.S. Federal Trade Commission's lawsuit against pharmacy benefit managers over insulin pricing practices will likely move forward again after being paused amid President Donald Trump's firing of the agency's two Democratic commissioners.The FTC ea...Reuters
Fri, Apr 4
Other
EXCLUSIVE-TikTok deal put on hold after China indicated it would reject deal over tariffs, say sources
By Dawn Chmielewski and David ShepardsonApril 4 (Reuters) - A deal to spin off the U.S. assets of TikTok was put on hold after China indicated that it would not approve the deal following President Donald Trump's reciprocal tariffs announcement, according to two sources familiar with the matter....Reuters
Fri, Apr 4
Stocks
QUOTES-Markets extend plunge after Powell says Fed to wait and see on tariffs impact
April 4 (Reuters) - The rout on Wall Street continued on Friday, with the Nasdaq earning a bear-market classification, after China imposed fresh tariffs on all U.S. goods in response to the Trump administration's sweeping levies, escalating a global trade war. The S&P 500 .SPX, Dow ...Reuters
Fri, Apr 4
Other
Tufts student's immigration arrest case moved to Vermont, not Louisiana, by US judge
By Nate Raymond and Jack Queen April 4 (Reuters) - The Trump administration on Friday lost a bid to throw out or move to Louisiana a Tufts University student's legal challenge to her immigration arrest, which sparked protests against the president's efforts to deport pro-Palestinian activ...Reuters
Fri, Apr 4
Stocks
US stocks weekly: Tariffs tumult
** S&P 500 .SPX drops second-straight week, craters 9.1% as tariffs reverberate globally .N** SPX, e-mini S&P futures EScv1, suffer biggest weekly drops since Mar 2020 pandemic panic** Dow .DJI slides 7.9%, Nasdaq Composite .IXIC crumbles ~10%, also biggest weekly drops since Mar 2020** Inde...Reuters
Fri, Apr 4
Commodities
CBOT wheat settles weaker as China retaliates against US tariffs
April 4 (Reuters) - Chicago Board of Trade wheat futures closed lower on Friday as China imposed extra levies of 34% on all U.S. goods, deepening the trade war between the world's two biggest economies, analysts said.China has not recently been buying U.S. wheat, though tit-for-tat tariffs have ...Reuters
Fri, Apr 4
Stocks
EMERGING MARKETS-Stocks, currencies and bonds slump as China hits back on US tariffs
China retaliates with 34% tariffs on U.S. goods MSCI Latam stocks index down 7.1%, FX off 3.6%EM dollar bonds slide By Johann M Cherian and Lisa Pauline Mattackal April 4 (Reuters) - Emerging market stock, currencies and dollar bonds broadly tumbled on Friday, with indexes tracking Latin American...Reuters
Fri, Apr 4
