News
Important Only
Other
Charlie Javice, founder of startup bought by JPMorgan, found guilty at fraud trial
By Luc Cohen, Tatiana Bautzer NEW YORK, March xx (Reuters) - Entrepreneur Charlie Javice was convicted on Friday of defrauding JPMorgan Chase JPM.N into buying her college financial aid startup Frank for $175 million in July 2021.The verdict followed a five-week trial in Manhattan federal court b...Reuters
Fri, Mar 28
Stocks
AppLovin recovers ground; analysts push back on short report
** Shares of marketing platform AppLovin APP.O rise 4.3% to $272.98** Stock slumped over 20% in the prior session after Muddy Waters Research disclosed short position ** Muddy Waters is latest to short APP after Fuzzy Panda Research and Culper Research revealed short positions in February** Analysts...Reuters
Fri, Mar 28
Commodities
PRECIOUS-Gold prices soar to all-time high over trade war concerns
Spot gold hits 18 record highs so far this yearUS PCE at 0.4% in FebruarySilver, platinum & palladium headed for weekly gainBy Anmol Choubey March 28 (Reuters) - Gold prices surged to a record high on Friday, as investors flocked to the safe-haven asset amid fears of a global trade war trigge...Reuters
Fri, Mar 28
Commodities
CBOT soybeans futures see choppy trading day, end session higher
CHICAGO, March 28 (Reuters) - Chicago Board of Trade soybean futures fell for most of the session on Friday, before ending higher on the day on a flurry of bargain-buying and fundamental trading ahead of a key government planting report, market analysts said.CBOT May soybeans SK25 settled up 6-1/4 c...Reuters
Fri, Mar 28
Stocks
Why Chainlink, Avalanche, and Mara Holdings Jumped (and Then Dropped) This Week
The crypto market was volatile this week as investors tried to make sense of the current economic environment and risk tolerance of the market. Tariffs were announced for the auto industry, which a few weeks ago may have crushed the market, but overall the news was met with a bit of a shrug. There w...The Motley Fool
Fri, Mar 28
Commodities
US natgas prices climb 3% on record LNG flows, lower daily output
US gas output on track to hit monthly record in March US LNG export feedgas set to hit monthly record in MarchUS gas inventories on track for rare build in MarchBy Scott DiSavinoMarch 28 (Reuters) - U.S. natural gas futures climbed about 3% to a one-week high on Friday on record flows to liquefied n...Reuters
Fri, Mar 28
Forex
CANADA FX DEBT-Canadian dollar posts fourth straight weekly gain as US data underwhelms
Loonie trades in a range of 1.4277 to 1.4333Posts weekly gain of 0.2%Canadian GDP rises 0.4% in JanuaryBond yields ease across the curveBy Fergal Smith March 28 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Friday but held on to a weekly gain as investors weighed dis...Reuters
Fri, Mar 28
Economic Indicator
REFILE-Column-Kroger and Albertsons play blame game after failed merger in billion-dollar battle
By Jenna Greene March 28 (Reuters) - Breakups are rarely easy, but the acrimony over a busted blockbuster deal can rival finger-pointing by the bitterest of star-crossed lovers. Consider the blame game unfolding now between Kroger and Albertsons in Delaware Chancery Court, where each grocery chai...Reuters
Fri, Mar 28
Stocks
LIVE MARKETS- 2025 US profit growth seen down slightly from 2024
Dow off >1%; S&P 500, Nasdaq slide >2%Comm svcs off most among S&P sectors; utilities only gainerDollar down, crude falls; gold up; bitcoin down more than 4%U.S. 10-Year Treasury yield falls to ~4.25%Welcome to the home for real-time coverage of markets brought to you by Reuters report...Reuters
Fri, Mar 28
Other
Newpoint Re in talks with 'better aligned' agencies after AM Best withdraws ratings
By Chris MunroMarch 28 - (The Insurer) - AM Best’s decision to withdraw Newpoint Re’s ratings because of the alleged complexity of parent NFG’s asset structure is “a temporary challenge” according to the reinsurer as it confirmed talks with “better aligned” agencies and reiterated its financial stre...Reuters
Fri, Mar 28
Other
Months after first incursion, Ukrainian troops fighting in second Russian region
Ukrainians press into Russia's Belgorod regionForay has lasted 10 days, fighting still taking placeBlogger says Russia diverts some forces from KurskUkraine's Zelenskiy says 'certain steps' taken to ease pressureBy Mark Trevelyan March 28 (Reuters) - Just as Ukrainian forces are l...Reuters
Fri, Mar 28
Other
Somalia offers U.S. exclusive control of air bases, ports - letter
NAIROBI, March 28 (Reuters) - Somalia is prepared to offer the United States exclusive control of strategic air bases and ports, its president said in a letter to President Donald Trump seen by Reuters on Friday.In the March 16 letter, President Hassan Sheikh Mohamud said the assets included air bas...Reuters
Fri, Mar 28
Commodities
CBOT corn ends higher, rebounding from a 3-month low
CHICAGO, March 28 (Reuters) - Chicago Board of Trade corn futures on Friday slumped to the lowest price seen in more than three months on expectations of increased U.S. planting this year, before rebounding on a spate of fundamental and bargain-buying, market analysts said.CBOT May corn CK25 settled...Reuters
Fri, Mar 28
Other
Measles cases rise to 444 in Texas and New Mexico, state health departments say
March 28 (Reuters) - Texas and New Mexico's health departments said on Friday measles cases in their states have risen to 444, an increase of 74 infections since their last reports three days ago, as the U.S. deals with one of the largest measles outbreaks in a decade.Cases in Gaines County, whe...Reuters
Fri, Mar 28
Stocks
US STOCKS-Wall Street tumbles as fresh data fuels inflation fear
US core inflation firmer in FebruaryUBS Global Wealth Management cuts S&P 500 year-end targetLululemon shares slide after bleak annual outlookS&P 500 -1.87%, Nasdaq -2.51%, Dow -1.62%By Noel Randewich and Pranav Kashyap March 28 (Reuters) - Wall Street stocks tumbled on Friday, with s...Reuters
Fri, Mar 28
Other
Vance says Greenland will be more secure under US than Denmark
March 28 (Reuters) - Greenland is less secure now than it was a few decades ago and the Arctic island would be better off under the security of the United States than under Denmark's leadership, U.S. Vice President JD Vance said on Friday."Our argument really is with the leadership of Denmar...Reuters
Fri, Mar 28
Other
FCC opening probe into diversity practices at Disney and ABC
WASHINGTON, March 28 (Reuters) - The head of the Federal Communications Commission on Friday said he is opening an investigation into the diversity practices of Walt Disney DIS.N and its ABC unit, saying they may violate U.S. equal employment opportunity regulations.FCC Chair Brendan Carr wrote Disn...Reuters
Fri, Mar 28
Economic Indicator
EXCLUSIVE-Fed's Daly says flat progress on inflation hurts confidence in rate cut outlook
Fed policy still in a good place, positioned well to respond to what develops from tariffsFriday's inflation data does not help 'reasonable' case for two rate cutsDaly says 100% focused on inflation and returning it to 2% targetBy Ann Saphir March 28 (Reuters) - San Francisco Federal ...Reuters
Fri, Mar 28
