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George Santos should serve more than 7 years in prison for fraud scheme, US prosecutors say
By Jack Queen April 4 (Reuters) - Former U.S. Representative George Santos, who was expelled from Congress after a brief and scandal-plagued tenure, should be sentenced to more than seven years in prison for fraud and identity theft, federal prosecutors in Brooklyn said Friday. Santos pleaded gui...Reuters
Sat, Apr 5
Other
Ukraine says Russia kills 19 in Kryvyi Rih, Moscow says it was targeting military
Russian strike hits President Zelenskiy's hometownSubsequent drone attack hits homes, kills oneRussian Defence Ministry says it hit military gatheringImages show bodies lying on pavements More than 50 people wounded, including small babyUkrainian officials call for more pressure on RussiaBy Vlad...Reuters
Sat, Apr 5
Cryptocurrencies
Senator Ted Cruz warns about an upcoming bloodbath
Republican senator Ted Cruz warned on Friday about a potential “bloodbath” in the 2026 midterm elections if President Donald Trump’s tariffs drag the United States economy into a recession. According to Financial Times, the Texas lawmaker said a long-term trade war could have devastating effects on both the economy and Republican political prospects. Cruz typically […]Cryptopolitan
Sat, Apr 5
Cryptocurrencies
Top Analyst Says Ethereum Headed for a Massive Crash Against Bitcoin As Investors Turn To MAGACOIN FINANCE
Cryptocurrency analyst Ali Martinez has raised alarms about Ethereum’s (ETH) future against Bitcoin (BTC), predicting a big decline on April 04, 2025. Martinez points to the bearish patterns on Ethereum’s monthly ETH/BTC chart, specifically mentioning a double-top or M pattern, signaling a 91% drop. If this happens, Ethereum could drop to as low as 0.0020 […]Cryptopolitan
Fri, Apr 4
Other
Nintendo delays Switch 2 pre-orders in US on tariff uncertainty
TOKYO, April 5 (Reuters) - Nintendo 7974.T said it is delaying the start of pre-orders for the Switch 2 gaming device in the United States as it examines the potential impact of tariffs. Pre-orders will not start on April 9 in the U.S. "in order to assess the potential impact of tariffs and evol...Reuters
Fri, Apr 4
Commodities
US Cash Grains-Corn, soy basis mostly flat; rains stall field work
CHICAGO, April 4 (Reuters) - Spot basis bids for soybeans and corn held mostly steady in the U.S. Midwest on Friday afternoon, underpinned by a slow pace of farmer grain sales this week.* The exceptions were Davenport, Iowa, on the Mississippi River, where the soybean basis fell by a nickel per bush...Reuters
Fri, Apr 4
Other
Business knows that tariffs are here to stay, says Trump
April 4 (Reuters) - Big business is not worried about tariffs because they know they are here to stay, U.S. President Donald Trump wrote on Truth Social on Friday, amid a trade war that has rattled investors and fed fears of a coming recession.Reuters
Fri, Apr 4
Commodities
China retaliation on US farm goods hits soybeans, bolstering Brazil
China imposes sweeping 34% tariffs on all US importsBlocks US agricultural exports, with soybean trade hardest hitBrazil emerges as clear winnerUS soybean futures plunge 4%By Ella Cao and Naveen Thukral BEIJING/SINGAPORE, April 4 (Reuters) - China's retaliation on Friday against new U.S. tari...Reuters
Fri, Apr 4
Cryptocurrencies
Google, Amazon challenge Microsoft’s hold on federal contracts
Google and Amazon are making a new push to loosen Microsoft’s long-held grip on federal software contracts fueled by Elon Musk’s Department of Government Efficiency (DOGE). According to a Bloomberg report, this effort is happening in Washington, where lobbyists for Alphabet Inc.’s Google and Amazon.com Inc. believe they have their best chance yet to challenge […]Cryptopolitan
Fri, Apr 4
Other
Trump administration sent erroneous email ordering Ukrainians to leave
By Kristina Cooke April 4 (Reuters) - Multiple Ukrainians legally in the United States under a humanitarian program received an email this week telling them their status had been revoked and they had seven days to leave the country or the "federal government will find you."A Department of...Reuters
Fri, Apr 4
Cryptocurrencies
PayPal and Venmo add Solana and Chainlink
PayPal Holdings announced two additional cryptocurrencies, Solana and Chainlink, will be added to Venmo and PayPal for users in the US. Users can now purchase, transfer, or sell these assets directly from their accounts. This new rollout is expected to happen in the coming few weeks. Once live, it will increase PayPal’s supported digital coins […]Cryptopolitan
Fri, Apr 4
Other
US far-right activist raises loyalty test that could deepen purge of security agencies
Right-wing activist says NSA chief picked by former US generalMilitary officials fear being suspected of disloyalty to TrumpDemocrats say Trump values loyalty over apolitical militaryBy Phil Stewart and Idrees Ali WASHINGTON, April 4 (Reuters) - While National Security Agency chief General Timoth...Reuters
Fri, Apr 4
Stocks
WRAPUP 10-Stocks slump again after China fires back in trade war with tariffs on US goods
China announces 34% additional tariffsSharp escalation in global trade warTrump says his policies will not change, wants Fed rate cut Powell: Tariffs bigger than expected, Fed focused on inflationEU's top trade negotiator to speak to U.S. officials on Friday Stock markets around the world keep f...Reuters
Fri, Apr 4
Other
Rite Aid weighs repeat bankruptcy filing, WSJ reports
April 4 (Reuters) - U.S. pharmacy chain Rite Aid is weighing a possible repeat bankruptcy after its recent financial restructuring failed to put the drugstore chain on a sustainable path, the Wall Street Journal reported on Friday.The company has also been pursuing a sale of some or all of its busin...Reuters
Fri, Apr 4
Forex
Market warning lights flash amber after Trump tariff shock
Trump tariffs spark rout across world marketsWarning signals flashing but signs of distress so far containedSome $5 trillion wiped off S%P 500 companies' stock value By Amanda Cooper and Dhara Ranasinghe LONDON, April 4 (Reuters) - Global markets have been sucked into a downdraft after U.S. P...Reuters
Fri, Apr 4
Commodities
US Plains HRW Wheat-Basis flat as farmers monitor crop conditions
CHICAGO, April 4 (Reuters) - Spot basis bids for hard red winter (HRW) were flat in the U.S. Plains on Friday as farmers remained hesitant to sell their crop due to persistent low prices, while also monitoring the conditions of their nascent wheat crop. * News that China imposed extra levies of 34% ...Reuters
Fri, Apr 4
Other
Rite Aid weighs repeat bankruptcy filing, WSJ reports
April 4 (Reuters) - U.S. pharmacy chain Rite Aid is weighing a possible repeat bankruptcy after its recent financial restructuring failed to put the drugstore chain on a sustainable path, the Wall Street Journal reported on Friday.The company has also been pursuing a sale of some or all of its busin...Reuters
Fri, Apr 4
