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Sean 'Diddy' Combs faces five counts in new sex trafficking indictment
NEW YORK, April 4 (Reuters) - Sean 'Diddy' Combs was hit with a new federal indictment on Friday charging the hip-hop mogul with five criminal counts including racketeering and sex trafficking, court records showed. Combs had previously faced three criminal counts. He has pleaded not guilty....Reuters
Fri, Apr 4
Stocks
Florida House bill to repeal non-fault auto insurance system clears subcommittee
By Michael LoneyApril 4 - (The Insurer) - A bill that would repeal Florida’s no-fault auto insurance system has been passed by the Florida House Insurance & Banking Subcommittee.HB 1181 was passed in the Florida House Insurance & Banking Subcommittee on Thursday and is now before the judicia...Reuters
Fri, Apr 4
Stocks
Big Tech stocks fall after China retaliates with 34% additional import tariffs on US goods
** Shares of Big Tech stocks fall after China announced an additional 34% tariff on all U.S. goods as a countermeasure to sweeping tariffs imposed by U.S. President Donald Trump ** China's finance ministry says the additional levies will be effective from April 10 ** Trump said on We...Reuters
Fri, Apr 4
Cryptocurrencies
Dogecoin Faces Moment Of Truth: Will It Hold The Line Or Freefall?
Dogecoin is once again in the hot seat as the meme coin tests a multi-year trend line that dates back to the heady days of 2021. Both the daily and weekly charts underscore the significance of this zone, with the market hovering dangerously near a juncture that could determine whether the current pr...NewsBTC
Fri, Apr 4
Other
Washington D.C.'s top prosecutor to probe alleged media leaks on Jan 6 cases, email says
By Sarah N. LynchWASHINGTON, April 4 (Reuters) - Washington D.C.'s top federal prosecutor on Friday announced he is launching investigations into whether people improperly leaked information about the prosecutions of President Donald Trump's supporters who stormed the U.S. Capitol on January...Reuters
Fri, Apr 4
Cryptocurrencies
Bitcoin Nears 50% Breakout, But ‘Ichimoku Cloud’ Presents Key Resistance – Details
Bitcoin (BTC) could be mirroring a bullish setup from 2023, when it surged by more than 50% within weeks after an extended period of consolidation. However, the flagship cryptocurrency now faces strong resistance from the Ichimoku Cloud, which could derail its upward trajectory. Bitcoin Plunges Foll...Bitcoinist
Fri, Apr 4
Cryptocurrencies
Beyond Cardano: Why This Altcoin Might Be The Best Investment
Cardano (ADA) has been turning heads this week and demonstrating significant upward movement. ADA advanced by over 79.5% on the Line Break chart (TradingView) on April 2, a strong signal that a breakout pattern is forming after months of price consolidation. But a new altcoin is making some waves in the crypto industry, Yeti Ouro […]Cryptopolitan
Fri, Apr 4
Stocks
Crypto stocks fall as China's retaliatory tariffs drags bitcoin
** Crypto and blockchain-related stocks fall in early trading** Bitcoin BTC=, the world's biggest cryptocurrency, falls 0.8%, while Ether ETH= down 1.7%** China on Friday announced additional retaliatory tariffs on all U.S. goods** Tariffs have rattled confidence and deepened concerns over globa...Reuters
Fri, Apr 4
Other
China strikes back at Trump with own tariffs, export curbs
China imposes extra 34% tariffs on all US goods from April 10China puts export restrictions on some rare earths from April 4China adds 11 US bodies to 'unreliable entities' listMeasures against US come in wake of Trump tariffs'China panicked', Trump says in responseBy Mei Mei Chu, Et...Reuters
Fri, Apr 4
Cryptocurrencies
President Trump catches lawsuit from Florida over China tariffs
President Donald Trump could face his first legal dispute over newly imposed tariffs on Chinese imports. A lawsuit, filed Thursday in federal court in Pensacola, Florida, targets Trump’s recent executive actions that introduced a steep 54% combined tariff on goods from China. According to Reuters, the suit was forwarded by the New Civil Liberties Alliance […]Cryptopolitan
Fri, Apr 4
Stocks
Retail bought stocks at largest level over the past decade, JPMorgan says
NEW YORK, April 4 (Reuters) - Retail investors bought $4.7 billion in stocks on Thursday, the highest level over the past decade, JPMorgan JPM.N said in a note on Friday.The "buy-the-dip" move was in stark contrast to the 2020 March sell-off, triggered by the COVID pandemic.Reuters
Fri, Apr 4
Other
Swiss Re’s Crosby: Redefining peak perils, accumulation and prevention three key issues in Canada
By Chris MunroApril 4 - (The Insurer) - Redefining what peak perils are, getting a better understanding of accumulation risk, and prevention and mitigation efforts are three of the key issues facing Canada’s insurance market, Swiss Re executive Jolee Crosby has declared.Speaking at Swiss Re’s 39th a...Reuters
Fri, Apr 4
Stocks
US asset managers fall after China's retaliatory tariffs extend market downturn
** Shares of U.S. asset managers fall in early trading after China's finance ministry said on Friday it will respond to President Donald Trump's tariffs with additional tariffs of 34% on all U.S. goods from April 10** Apollo APO.N down 8.4%, Blackstone BX.N and BlackRock BLK.N drop 6%, and C...Reuters
Fri, Apr 4
Other
US retailers fall; China retaliates with 34% import tariffs
** Shares of U.S. retailers fall in early trade** China retaliates with 34% import tariffs on all U.S. goods in response to "Liberation Day" levies imposed by President Donald Trump on Wednesday** New tariffs announced by Trump on countries in Asia include Vietnam, Indonesia and China, which...Reuters
Fri, Apr 4
Stocks
US card firms fall as China's tariffs deepen spending slowdown fears
** Shares of U.S. credit card firms fall in early trading as China imposes additional tariff on U.S. goods in escalating trade war ** Payment firms face the risk of weak credit card spending, as consumer confidence is expected to take a hit from economic uncertainties stoked by the trade war ...Reuters
Fri, Apr 4
Stocks
Oil companies slip, crude prices head lower after China's tariff announcement
** Shares of oil companies fell in morning trading following prices of crude** Brent futures LCOc1 fall 6.8% to $65.39/bbl; U.S. West Texas Intermediate crude futures CLc1 decline 7.6% to $61.88/bbl by 1341 GMT (9:41 a.m. ET)** Earlier in the session, WTI and Brent both hit lowest since April 2021 *...Reuters
Fri, Apr 4
Stocks
Upwork dips as BTIG cuts to 'neutral' on tariff and AI risks
** Shares of freelancing platform Upwork UPWK.O fall 5.5% to $11.85** Brokerage BTIG downgrades UPWK to "neutral" from "buy"; maintains PT of $18** Says "fundamentals look primed to take another leg down"** Brokerage says UPWK relies heavily on international markets, which dr...Reuters
Fri, Apr 4
Other
Soccer-Man Utd are suffering to be better next season, says Amorim as derby looms
April 4 (Reuters) - Manchester United may have a grand vision to win the Premier League title in three years' time, but manager Ruben Amorim said on Friday that the club may not be title contenders in the next couple of years unless major changes are made.United are on course for their worst Pre...Reuters
Fri, Apr 4
Stocks
US big banks slide after China's announces retaliatory tariffs
** Shares of big U.S. banks fall in early trading after China's finance ministry said on Friday it will respond to U.S. tariffs with additional tariffs of 34% on all U.S. goods from April 10** JPMorgan Chase JPM.N falls 6%, Bank of America BAC.N down 6.1% and Citigroup C.N down 7.7%** Goldman Sa...Reuters
Fri, Apr 4
Commodities
US natural gas prices fall 4% 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 4% on Friday on a decline in daily liquefied natural ...Reuters
Fri, Apr 4
