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Stocks
Harley-Davidson up after cutting 2025 tariff cost forecast
** Shares of Harley-Davidson HOG.N rise 6% to $25 in afternoon trading** Co slashed 2025 U.S.-China tariff-related charges by $45 million to a range of $30 million to $55 million** Cited U.S.-China economic and trade meeting in Geneva, where both countries agreed on a 90-day pause on tariffs and a s...Reuters
Mon, May 12
Commodities
PRECIOUS-Gold falls 3% as US and China strike tariff deal
US CPI due on Tuesday Dollar, global shares soar after China-US trucePalladium down over 3% By Sarah Qureshi and Ashitha Shivaprasad May 12 (Reuters) - Safe-haven gold fell 3% on Monday as risk sentiment crept in following the announcement of a temporary deal between the United States and China ...Reuters
Mon, May 12
Stocks
LIVE MARKETS-Large banks, tech guidance mostly positive this season
Main US indexes jump; Nasdaq up >4%, out frontCons Disc leads S&P 500 sector gainers; Utilities weakest groupDollar surges; crude up ~2%; bitcoin off >1.5%; gold off ~3%US 10-Year Treasury yield rises to ~4.45%Welcome to the home for real-time coverage of markets brought to you by Reuters ...Reuters
Mon, May 12
Other
EU analysing U.S.-UK trade deal for impact on EU, global trade
BRUSSELS, May 12 (Reuters) - The European Commission is analysing the trade deal struck last week between the United States and Britain for implications for the 27-nation European Union and global trade, European Economic Commissioner Valdis Dombrovskis said on Monday.The United States and Britain a...Reuters
Mon, May 12
Cryptocurrencies
US SEC chair says agency plans to create new rules for crypto tokens
By Hannah Lang May 12 (Reuters) - Paul Atkins, the chair of the Securities and Exchange Commission, laid out his vision for overhauling the agency's cryptocurrency policies on Monday, saying he plans to establish guidelines for distributions of crypto tokens that are securities and consider w...Reuters
Mon, May 12
Forex
BoE's Taylor says 'perilous' trade situation justified half-point rate cut vote
BoE's Taylor says rate cuts should not fall behind the curveBoE cut rates to 4.25% from 4.5%, Taylor voted for 4%Taylor says global trade outlook remains 'quite perilous'BoE's Lombardelli, Greene raised concerns about pay pressureBy David Milliken LONDON, May 12 (Reuters) - Bank o...Reuters
Mon, May 12
Other
ADVISORY-Inadvertently issued alert on Century Casinos withdrawn
An alert on Century Casinos CNTY.O announcing Rocky Gap Casino, Resort & Golf receiving awards was inadvertently published and has been withdrawn.There will be no substitute.STORY_NUMBER: nTUA8GMG37STORY_DATE: 12/05/2025STORY_TIME: 05:30 PM GMTReuters
Mon, May 12
Commodities
After leaders request, European Commission working on tougher Russia sanctions, France says
By John IrishPARIS, May 12 (Reuters) - France said on Monday that leaders at a meeting on Ukraine this weekend had asked the European Commission to put together new "massive" sanctions targeting Russia's oil and financial sector if Russia failed to agree a ceasefire.The EU is already wor...Reuters
Mon, May 12
Other
BREAKINGVIEWS-US tariff climbdown complicates bleak budget math
By Gabriel Rubin WASHINGTON, May 12 (Reuters Breakingviews) - A mutual climbdown on tariffs charged between the U.S. and China may give relief to investors. It does little to help Republicans’ broader agenda. The centerpiece of President Donald Trump’s domestic policy — extending and expanding hi...Reuters
Mon, May 12
Other
EXPLAINER-What has Trump said about cutting drug prices?
By Maggie Fick May 12 (Reuters) - U.S. President Donald Trump signed a broad executive order on Monday directing drugmakers to lower the prices of their prescription drugs to align with what other countries pay.White House officials said the government will give drugmakers price targets in the ne...Reuters
Mon, May 12
Other
FCC Will Investigate Echostar’S Compliance With Requirements To Build A Nationwide 5G Network. - WSJ
May 12 (Reuters) - EchoStar Corp SATS.O:FCC WILL INVESTIGATE ECHOSTAR’S COMPLIANCE WITH REQUIREMENTS TO BUILD A NATIONWIDE 5G NETWORK. - WSJSource text: https://tinyurl.com/2r7ehzyrReuters
Mon, May 12
Commodities
Gold price plunges over $100 as US-China deal fuels USD rally
Gold prices tumbled over 3% on Monday, following improvements in risk appetite after weekend discussions between the US and China, which agreed to a 90-day tariff reduction. At the time of writing, the XAU/USD trades at $3,225, having hit a daily high of $3,326.
Fxstreet
Mon, May 12
Other
US agency asks Tesla to answer questions on Texas robotaxi plan
NHTSA probing crashes of Teslas in full self-driving modeRobotaxi sensors and reduced visibility cited as concernsNHTSA cites four crashes; in one a pedestrian was killedBy David Shepardson WASHINGTON, May 12 (Reuters) - U.S. auto safety investigators asked Tesla to answer questions on its pl...Reuters
Mon, May 12
Other
California Bar backs provisional licensing after February exam mess
By Karen Sloan May 12 - Aspiring lawyers who withdrew from or failed California's disastrous February bar exam may still be eligible to work under the supervision of an experienced attorney until they can pass the attorney licensing exam.The State Bar of California's Board of Trustees on ...Reuters
Mon, May 12
Other
Trump says it would be 'stupid' not to accept gift of Qatari plane
By Doina Chiacu and Steve HollandWASHINGTON, May 12 (Reuters) - U.S. President Donald Trump dismissed ethical concerns about his plan to accept an airplane as a gift from the Qatari royal family, saying on Monday it would be "stupid" to turn down the generous offer. The $400 million luxur...Reuters
Mon, May 12
Other
Turkish foreign min, U.S.'s Rubio discuss possible Russia-Ukraine talks, Turkish source says
ANKARA, May 12 (Reuters) - Turkish Foreign Minister Hakan Fidan held a phone call with his U.S. counterpart Marco Rubio on Monday to exchange views on the possible talks between Russia and Ukraine in Turkey, a Turkish diplomatic source said.The two ministers also discussed the situation in Syria and...Reuters
Mon, May 12
Stocks
GLOBAL MARKETS-Stocks, dollar surge as US and China agree 90-day tariff relief
U.S. and China reach deal to temporarily slash tariffs Wall Street stocks leapDollar jumps 2% against Japanese yen, Swiss franc tumblesGold drops sharply after stunning rally, government bonds weak By Koh Gui Qing and Naomi Rovnick NEW YORK/LONDON, May 12 (Reuters) - Global shares rallied, while...Reuters
Mon, May 12
Other
Harley-Davidson Estimates $30-$55 Mln Cost From China-U.S. Tariffs
May 12 (Reuters) - Harley-Davidson Inc HOG.N:HARLEY-DAVIDSON INC - ESTIMATES $30-$55 MILLION COST FROM CHINA-U.S. TARIFFS - SEC FILINGHARLEY-DAVIDSON INC - EXPECTS $45 MILLION REDUCTION IN TARIFF COSTS - SEC FILINGHARLEY-DAVIDSON INC - TARIFFS EXPECTED AT 30% UNTIL AUGUST 12, 2025 - SEC FILINGHARLEY...Reuters
Mon, May 12
Stocks
NRG Energy shares hit all-time high on $12 billion power assets deal
NRG Energy shares soar over 24% to record highsLS Power assets to expand NRG's portfolio in PJM power marketCompany reports 47% rise in first-quarter profitBy Vallari Srivastava May 12 (Reuters) - NRG Energy NRG.N said on Monday it would acquire power generation assets from energy infrastruc...Reuters
Mon, May 12
Other
US deputy attorney general tapped to serve as acting librarian of Congress
By Sarah N. Lynch WASHINGTON, May 12 (Reuters) - Deputy Attorney General Todd Blanche has been appointed to serve as the acting librarian of Congress, a U.S. Justice Department spokesman confirmed on Monday, after President Donald Trump recently fired Carla Hayden.The White House announced that H...Reuters
Mon, May 12
