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IRS starts laying off 20,000 workers, eliminates civil rights office
By Kanishka Singh April 4 (Reuters) - The U.S. Internal Revenue Service began making sweeping cuts to its workforce on Friday, the agency's leadership said in an email to staff on Friday, and among the first to go will be employees of its civil rights office. Reuters previously reporte...Reuters
Fri, Apr 4
Cryptocurrencies
Countries abandoning USD stablecoins after Trump opened their eyes to crypto is the ultimate paradox
The United States is a world superpower, but for the first time in a long time, we can start to consider signs of slippage. The US is not just a military might; it has one of the world’s largest consumer markets, with imports that reach over $3 trillion annually. Countries hit by tariffs announced on […]Cryptopolitan
Fri, Apr 4
Other
Walmart denies ABC News report it could join investor group to buy TikTok
April 4 (Reuters) - Walmart WMT.N on Friday denied a report from ABC News that it was considering joining a group of investors to buy short video app TikTok.Earlier on Friday, ABC News reporter Selina Wang said in a post on X that the world's largest retailer was "actively considering" j...Reuters
Fri, Apr 4
Other
U.S. court revives mother's case against school's gender identity policy
By Brendan Pierson April 4 (Reuters) - A federal appeals court on Friday revived a lawsuit by a California mother accusing public school employees of violating her rights as a parent by using a male name and pronouns for her daughter in 2022, in accordance with the gender identity she expressed a...Reuters
Fri, Apr 4
Commodities
Amazon shipping route for Brazilian soy disrupted by protests, poor roads
By Ana Mano SAO PAULO, April 4 (Reuters) - Indigenous protests and poor roads have disrupted shipping of Brazil's bumper soybean crop in recent days via the river port of Miritituba in the Amazon rainforest, worrying global companies including Cargill and Bunge BG.N which have important opera...Reuters
Fri, Apr 4
Commodities
ICE canola futures fall, finish higher for the week
WINNIPEG, Manitoba, April 4 (Reuters) - ICE canola futures fell on Friday but finished with a small weekly gain after a tumultuous week.• May canola RSK5 settled down $13.90 at $622 per metric ton. July RSN5 showed similar weakness, while November RSX5 fell $10.60 to $615.20 per ton, reducing the ol...Reuters
Fri, Apr 4
Other
More than 500 law firms back Perkins Coie suit against punitive Trump order
Many of the largest U.S. law firms opt not to join briefTrump has signed five executive orders targeting firmsFirms say challenging Trump risks devastating retaliationBy Mike Scarcella and Sara Merken WASHINGTON, April 4 (Reuters) - More than 500 law firms have signed a court brief denouncing Don...Reuters
Fri, Apr 4
Other
Trump in touch with India, Israel and Vietnam over trade deal talks, CNN reports
WASHINGTON, April 4 (Reuters) - President Donald Trump is in touch with representatives from Vietnam, India and Israel to negotiate trade deals that could alleviate proposed tariffs on those countries in advance of a deadline next week, CNN reported on Friday, citing a source.Reuters
Fri, Apr 4
Other
Mastech Digital Says Kannan Sugantharaman Appointed As CFO And COO Of Mastech Digital - SEC Filing
April 4 (Reuters) - Mastech Digital Inc MHH.A:MASTECH DIGITAL INC - KANNAN SUGANTHARAMAN APPOINTED AS CFO AND COO OF MASTECH DIGITAL - SEC FILINGMASTECH DIGITAL INC: ON MARCH 31, JOHN J. CRONIN, JR. SUBMITTED HIS RESIGNATION AS CFO OF CO EFFECTIVE APRIL 14Reuters
Fri, Apr 4
Other
Microsoft, turning 50, dials up Copilot actions to stay in AI game
Copilot gaining new features for action-taking and memoryMicrosoft faces heavy AI competition as it turns 50 years oldCEO Satya Nadella pushes for next innovationBy Jeffrey Dastin REDMOND, Wash, April 4 (Reuters) - Thousands of people swooned in a dark conference hall that felt more like a rock c...Reuters
Fri, Apr 4
Commodities
US Gulf soy prices hit 4-1/2-year lows after China raises tariffs
By Karl Plume CHICAGO, April 4 (Reuters) - Cash soybean prices at U.S. Gulf Coast export terminals plunged to their lowest since September 2020 on Friday after China slapped steep tariffs on imports from the United States in response to retaliatory duties ordered by U.S. President Donald Trump. T...Reuters
Fri, Apr 4
Commodities
CANADA-CRUDE-Western Canada Select heavy crude discount enters sub-$9 territory
April 4 (Reuters) - The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) CLc1 continued to narrow on Friday, dipping into sub-$9 territory as global oil prices fell to pandemic levels. WCS for May delivery in Hardisty, Albe...Reuters
Fri, Apr 4
Cryptocurrencies
Bitcoin Boom Still In Play? Analyst Predicts Final Leg Up
According to a CryptoQuant Quicktake post published earlier today, Bitcoin (BTC) may not have reached the peak of the current market cycle just yet. A key on-chain metric suggests that there could be one final leg up for the leading cryptocurrency before this bull market concludes. Bitcoin To Hit Ne...NewsBTC
Fri, Apr 4
Cryptocurrencies
XRP Market Signals Strength As Active Addresses Count Increase Sharply
XRP has remained a notable contender in the crypto market, being one of the few digital assets to have reached a new all-time high in the ongoing bull market cycle. Although the altcoin has dropped by more than 30% from its current high, analysts believe another massive surge might be imminent as it...Bitcoinist
Fri, Apr 4
Commodities
Maxeon Solar to set up alternative supply chains amid tariff turmoil
April 4 (Reuters) - Renewable energy company Maxeon Solar Technologies MAXN.O said on Friday it would establish alternative manufacturing and supply chains as a result of U.S. President Donald Trump's sweeping tariffs.Shares of the company were up 4.6% in trading after the bell.The move comes am...Reuters
Fri, Apr 4
Commodities
GRAINS-'Out of the ball game': US soy futures sink after top-buyer China hikes tariffs
By Tom Polansek CHICAGO, April 4 (Reuters) - U.S. soybean futures sank 3.4% on Friday to their lowest this year, after top importer China said it would impose additional tariffs of 34% on all American goods in retaliation against duties announced by President Donald Trump.The levies threaten to h...Reuters
Fri, Apr 4
Stocks
Wall St Week Ahead-Shell-shocked markets brace for more tariff tumult
Two-day selloff puts S&P 500 down over 17% from record highNasdaq Composite confirmed bear market on FridayComing week sees tariff deadline, inflation data, bank earningsBy Lewis Krauskopf NEW YORK, April 4 (Reuters) - Tariff-stunned markets face another week of potential tariff turmoil, with...Reuters
Fri, Apr 4
