News
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Economic Indicator
TEXT -Fed's Powell speaks to journalists' conference in Virginia
WASHINGTON, April 4 (Reuters) - Federal Reserve Chair Jerome Powell delivered remarks on Friday to a business journalists' conference in Arlington, Virginia. Here is a link to his prepared remarks:https://www.federalreserve.gov/newsevents/speech/files/powell20250404a.pdfReuters
Fri, Apr 4
Other
Israel's Netanyahu has spoken to Trump about tariffs, officials say
April 4 (Reuters) - Israeli Prime Minister Benjamin Netanyahu has spoken with U.S. President Donald Trump about his new tariff policy, two senior Israeli officials said on Friday, as Israel seeks to minimise the impact of the threatened U.S. measures.As part of a sweeping new tariff policy announced...Reuters
Fri, Apr 4
Other
Japan's Rapidus in talks with Apple, Google to mass-produce chips, Nikkei reports
April 4 (Reuters) - Japanese chipmaker Rapidus is negotiating with Apple AAPL.O, Google GOOGL.O and dozens of other potential clients to mass-produce advanced chips by 2027, the Nikkei business daily reported on Friday.Reuters
Fri, Apr 4
Other
Meta's content moderation contractor to cut 2,000 jobs in Barcelona
Meta's contractor, Canada-based Telus, cuts jobs in BarcelonaTelus, Meta said would continue operations elsewhereTeam in Barcelona moderated content in several languagesBy Inti Landauro MADRID/BARCELONA, April 4 (Reuters) - Canadian-based tech company Telus TIXT.TO sent home as many as 2,000 ...Reuters
Fri, Apr 4
Stocks
Russian vegoil maker Efco in talks to buy former Bunge plant, sources say
MOSCOW, April 4 (Reuters) - Russia's leading sunflower oil maker Efco is in talks to buy oil extraction plant, which used to be owned by U.S. crop commodities trader Bunge Global BG.N, several market and industry sources told Reuters. Bunge sold its Russian assets in 2023 after Russia launched m...Reuters
Fri, Apr 4
Other
New Mexico Health Department Reports 54 Measles Cases As Of April 4
April 4 (Reuters) - New Mexico Health Department:NEW MEXICO HEALTH DEPARTMENT REPORTS 54 MEASLES CASES AS OF APRIL 4 - WEBSITENEW MEXICO HEALTH DEPARTMENT REPORTS 52 MEASLES CASES IN LEA COUNTY AS OF APRIL 4 - WEBSITEReuters
Fri, Apr 4
Economic Indicator
Traders boost bets Fed to wait until June to start rate cuts
April 4 (Reuters) - Traders added to bets the Federal Reserve will wait until June to commence interest-rate cuts, as Fed Chair Jerome Powell said it's becoming clear that U.S. President Donald Trump's bigger-than-expected tariffs are likely to trigger both higher inflation and slower growth...Reuters
Fri, Apr 4
Other
Exclusive: Ledgebrook in strategic partnership with Spectra as it prepares to launch cyber offering
By David BullApril 4 - (The Insurer) - E&S-focused insurtech MGA Ledgebrook has entered a strategic partnership with cyber insurance and risk management platform Spectra and is in the process of developing a new suite of cyber products that is slated to launch later this year.Details of the new ...Reuters
Fri, Apr 4
Other
Sri Lanka says it is committed to substantially reduce tariff and non-tariff barriers with US
NEW DELHI, April 4 (Reuters) - Sri Lanka is ready to engage with the United States in strengthening trade relations, the island nation said on Friday, committing to substantially reduce tariff and non-tariff barriers that hinder trade and investment. U.S. President Donald Trump's government impo...Reuters
Fri, Apr 4
Other
US Justice Department is reviewing corporate monitorships, sources say
By Chris Prentice and Sarah N. Lynch NEW YORK, April 4 (Reuters) - The U.S. Justice Department has paused corporate monitorships as part of an informal review into the practice of installing such firms to oversee companies that have resolved accusations of wrongdoing, according to two sources fam...Reuters
Fri, Apr 4
Stocks
LIVE MARKETS-Oh, was payrolls this morning? A jobs report deep dive
Main US indexes tumble >3%All S&P 500 sectors red; Energy, off >6%, weakest groupEuro STOXX 600 index down ~5%Dollar up; bitcoin rises >1%; gold off >2%; crude slides >7%US 10-Year Treasury yield falls to ~3.95%Welcome to the home for real-time coverage of markets brought to you b...Reuters
Fri, Apr 4
Other
Nikkei Says Japan's Rapidus In Talks With Apple And Google To Mass-Produce Chips CEO
April 4 (Reuters) - Nikkei:JAPAN'S RAPIDUS IN TALKS WITH APPLE AND GOOGLE TO MASS-PRODUCE CHIPS: CEORAPIDUS' PROTOTYPE CHIP LINE SCHEDULED TO BE FULLY UP AND RUNNING WITHIN THE MONTHRAPIDUS IN DISCUSSIONS WITH GAFAM [GOOGLE, APPLE, FACEBOOK, AMAZON AND MICROSOFT}Reuters
Fri, Apr 4
Other
Democratic-led states sue over Trump's order overhauling elections
The 19 states are led by California, NevadaLawsuit argues Trump lacked authority to make changesNew York attorney general calls order 'anti-American' By Nate Raymond BOSTON, April 3 (Reuters) - Democratic state attorneys general on Thursday filed a lawsuit challenging U.S. President Donal...Reuters
Fri, Apr 4
Cryptocurrencies
XRP Lawsuit Hit With Emergency Motion Over ‘Decisive Evidence’
A surprising new filing has appeared on the docket of the XRP lawsuit between the US Securities and Exchange Commission (SEC) and Ripple Labs, promising what its author calls “decisive evidence” in favor of the defendants and broader “liberty for the American people.” FOX Business journalist Eleanor...Bitcoinist
Fri, Apr 4
Stocks
South African assets extend drop on tariffs and local politics
By Sfundo Parakozov JOHANNESBURG, April 4 (Reuters) - South African assets fell further on Friday as investors worried about the impact of U.S. President Donald Trump's sweeping tariffs and the future of South Africa's coalition government.At 1511 GMT, the rand traded at 19.0175 against ...Reuters
Fri, Apr 4
Cryptocurrencies
Shiba Inu’s Shibarium Marks 1 Billion Transactions Milestone, But Why Is SHIB Price Still Struggling?
Shiba Inu’s layer-2 network, Shibarium, has officially crossed one billion total transactions, a significant achievement for the ongoing push to expand beyond meme coin status. Shibarium’s growth stems from steady activity and the adoption of the layer-2 network within the broader Shiba Inu ec...NewsBTC
Fri, Apr 4
Stocks
Santander boss Botin warns of impact from US tariffs but says bank's diversification will help
UK not for sale, bank looking at opportunities, Botin saysSees ROTE post AT-1 at 15.7% at end-Q1 vs 15.5% end 2024Capital rose 10 basis points in the quarter to 12.9%Monitoring implications of tariff announcement in USBy Jesús Aguado MADRID, April 4 (Reuters) - Spain's Santander SAN.MC Execut...Reuters
Fri, Apr 4
Other
US lobbies UN rights council forsaken by Trump, diplomats say
Trump has announced disengagement from UN rights body Sources report U.S. lobbying behind scenesUS officials' letters pressured diplomats, envoys sayCouncil this week revised Israel-focused proposalBy Emma Farge and Olivia Le Poidevin GENEVA, April 4 (Reuters) - Two months after President Don...Reuters
Fri, Apr 4
Economic Indicator
Breaking: Fed Chairman Powell says Trump tariffs risk higher inflation, slower growth
Federal Reserve (Fed) Chairman Jerome Powell said on Friday that US President Donald Trump's tariffs are bigger than expected, and they risk higher inflation and slower growth, while delivering his prepared speech at the annual conference for the Society for Advancing Business Editing and Writing onFxstreet
Fri, Apr 4
