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Stocks
CME Group, Cboe Global rise amid Wall Street sell-off
** Shares of derivatives exchange operator's CME Group CME.O and Cboe Global Markets CBOE.Z rise 2.4% and 3.5% amid Wall Street plunge ** Impending reconfiguration of global supply chains creates demand for risk management, analysts say, with trade war also presenting opportunities for cross-...Reuters
Thu, Apr 3
Economic Indicator
US senators seek to rein in Trump tariff authority
WASHINGTON, April 3 (Reuters) - Two senior lawmakers on the Senate Finance Committee are introducing legislation seeking to rein in President Donald Trump's ability to impose tariffs and would require congressional approval for new levies within 60 days.Republican Senator Chuck Grassley and Demo...Reuters
Thu, Apr 3
Cryptocurrencies
Musk’s DOGE issued inaccurate USAID firing notices, must send correct versions
Elon Musk’s co-founded Department of Government Efficiency (DOGE) initially issued thousands of termination notices to US Agency for International Development (USAID) employees after an appeals court lifted the temporary ban on the agency’s dismantlement last week. However, the layoff letters reportedly contained several errors, forcing the administration to send new, corrected versions. According to a […]Cryptopolitan
Thu, Apr 3
Other
France's Macron says Europe must react to tariffs "industry by industry"
PARIS, April 3 (Reuters) - French President Emmanuel Macron said on Thursday that tariffs announced by President Donald Trump were "brutal and unfounded" and a shock for international trade, and that Europe must respond "industry by industry".Speaking during a meeting with French ind...Reuters
Thu, Apr 3
Cryptocurrencies
Crypto execs ask Congress to let stablecoins pay interest as bill set to advance
Trump administration wants stablecoin bill passed this yearCoinbase CEO says crypto firms and banks should be treated alikeBanking trade group urges against yield on stablecoinsBy Hannah Lang April 3 (Reuters) - Some influential cryptocurrency executives are making a last-minute pitch to Congress...Reuters
Thu, Apr 3
Commodities
Silver Price Forecast: XAG/USD nosedives below $32 on “Buy the Rumour Sell the News”
Silver price is down almost 5% during North American trading hours on Thursday, tests territory below $32.00. The price of the white metal has become vulnerable after United States (US) President Donald Trump unveiled a detailed reciprocal tariff plan for his trading partners.
Fxstreet
Thu, Apr 3
Commodities
Volkswagen to introduce 'import fee' on tariff-hit cars, WSJ reports
April 2 (Reuters) - Volkswagen VOWG.DE will introduce an "import fee" on vehicles affected by 25% tariffs imposed by U.S. President Donald Trump, the Wall Street Journal reported on Wednesday.The German automaker has temporarily halted rail shipments of vehicles from Mexico and will hold at ...Reuters
Thu, Apr 3
Other
Gallagher expands real estate division with Bircroft acquisition
By Michael JonesApril 3 - (The Insurer) - Gallagher has expanded its real estate practice with the acquisition of commercial insurance broker Bircroft Insurance Services.The acquired firm focuses on the real estate sector on both a wholesale and retail basis. Bircroft will become part of Gallagher&#...Reuters
Thu, Apr 3
Economic Indicator
Canada posts surprise trade deficit in February
Canada trade deficit for February was at C$1.52 billionTotal exports in February dropped by 5.5% to C$70.11 billionFebruary exports were second highest since May 2022Imports rose by 0.88% to C$71.63 billion in FebruaryBy Promit MukherjeeOTTAWA, April 3 (Reuters) - Canada unexpectedly swung into a tr...Reuters
Thu, Apr 3
Economic Indicator
Trade war may cut Czech GDP growth by 0.6-0.7 pct point this year, minister says
PRAGUE, April 3 (Reuters) - A trade war started by the imposition of U.S. tariffs on imports may cut Czech economic growth by 0.6-0.7 percentage point this year, Czech Finance Minister Zdenek Stanjura said on Thursday."The trade war which (U.S. President) Donald Trump initiates by his steps is a...Reuters
Thu, Apr 3
Other
China trying to exploit dismantling of USAID in Africa, US general says
WASHINGTON, April 3 (Reuters) - China is working to exploit the dismantling of the U.S. Agency for International Development on the African continent, the head of U.S. forces in Africa said on Thursday. "As we start to fold in the capabilities of USAID under (the) State Department, China's t...Reuters
Thu, Apr 3
Commodities
ARA oil product stocks rise 2%, Insights Global data shows
LONDON, April 3 (Reuters) - Oil product stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by over 2% on the week, data from Dutch consultancy Insights Global showed on Thursday.Total stocks stood at 6.08 million metric tons, the data showed.Gasoline sto...Reuters
Thu, Apr 3
Stocks
Will Tesla's Pain Be This EV Stock's Gain?
Signs of Tesla's (NASDAQ: TSLA) brand crisis are almost everywhere you look.Over the weekend, more than 200 "Tesla Takedown" protests were held across the country as Americans expressed their ire about CEO Elon Musk's project to downsize federal agencies -- which President Donald Trump refers to as ...The Motley Fool
Thu, Apr 3
Other
Ukraine has solved some manpower shortages in war effort, US general says
WASHINGTON, April 3 (Reuters) - Ukraine appears to have resolved some of its shortages of troops fighting against Russia, including by widening the pool of eligible recruits, the top U.S. general in Europe said on Thursday.U.S. Army General Christopher Cavoli also underscored that any U.S. cutoff in...Reuters
Thu, Apr 3
Stocks
Tariffs Will Cost This Detroit Automaker Billions More Than Its Rival
By now, most investors are likely aware of all the chatter surrounding the Trump administration's economic policies, including its tariff plans. It's a huge deal, and it could significantly impact automakers and their investors. These are massive companies with complicated supply chains that will ne...The Motley Fool
Thu, Apr 3
Other
Rubio meets Danish foreign minister, stresses 'strong' relationship
BRUSSELS, April 3 (Reuters) - U.S. Secretary of State Marco Rubio "reaffirmed the strong relationship between the United States and the Kingdom of Denmark" in a meeting with Danish Foreign Minister Lars Lokke Rasmussen in Brussels on Thursday, the State Department said.The meeting followed m...Reuters
Thu, Apr 3
Stocks
LIVE MARKETS-S&P 500 sinks amid mounting recession fears
Main US indexes plunge; Nasdaq off most, down ~5%Mar ISM N-Mfg PMI 50.8 vs 53 est; prices paid 60.9 vs 62.6 priorEuro STOXX 600 index down >2.5%Dollar off ~1.5%; gold dips; bitcoin off ~4%; crude down >7%US 10-Year Treasury yield slides to ~4.03% Welcome to the home for real-time coverage of m...Reuters
Thu, Apr 3
Stocks
US retail and luxury stocks tumble after new Trump tariffs
** Shares of major U.S. retailers are down after U.S. President Donald Trump imposes a raft of new reciprocal tariffs on Asian production hubs** Analysts expect this to increase costs of production for retailers at a time when consumers are becoming cautious on spending amid growing economic uncerta...Reuters
Thu, Apr 3
