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Indices
Dow Jones Industrial Average drops on fresh inflation, tariff, and recession fears
The Dow Jones Industrial Average (DJIA) backslid over 700 points on Friday, falling 1.75% and tumbling to 41,500 after core Personal Consumption Expenditure (PCE) inflation figures accelerated in February.Fxstreet
Fri, Mar 28
Commodities
Office work reduced at Venezuela's PDVSA as power crisis worsens
March 28 (Reuters) - Venezuelan state-run oil firm PDVSA will cut office hours for its administrative workers, an internal document seen by Reuters showed, following an energy-saving order by the government amid a worsening power crisis.Reuters
Fri, Mar 28
Stocks
Why Lululemon Athletica Plunged Today
Shares of Lululemon Athletica (NASDAQ: LULU) plunged on Friday, falling 14.3% as of 11:45 a.m. ET.Lululemon reported fiscal fourth-quarter earnings last night, and while last quarter's results beat expectations, its guidance disappointed Wall Street. Moreover, the company's CEO mentioned it has seen...The Motley Fool
Fri, Mar 28
Commodities
Texas upstream oil and gas jobs rise in February, industry group says
By Georgina McCartney HOUSTON, March 28 (Reuters) - Upstream oil companies ramped up hiring in February, the Texas Independent Producers and Royalty Owners Association (TIPRO) said on Friday, marking the second straight month of growth. WHY IT'S IMPORTANT Hiring in the upstream sector, whi...Reuters
Fri, Mar 28
Other
RPT-Trump says Americans should not move up auto purchases to avoid tariffs
WASHINGTON, March 28 (Reuters) - U.S. President Donald Trump said on Friday that he did not think it made sense for Americans to buy cars now to avoid the effects of tariffs that are set to go into effect in early April."I don't think so," Trump told reporters at the White House, when as...Reuters
Fri, Mar 28
Stocks
U.S. STOCKS ON THE MOVE-GameStop, Oxford Industries, Wolfspeed
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's primary indexes fell sharply on Friday, as data underscored underlying price pressures, stoking fears that the Trump administration's tariff maneuvers could further exa...Reuters
Fri, Mar 28
Other
US needs Greenland for international security, says Trump
WASHINGTON, March 28 (Reuters) - The United States needs Greenland for international security peace, President Donald Trump said on Friday, adding that there were Chinese and Russian ships in the area that Washington could not leave to Denmark or anyone else to "take care of.""We need Gr...Reuters
Fri, Mar 28
Other
Texas Health Department Reports 400 Measles Cases As Of March 28
March 28 (Reuters) - Texas Health Department:TEXAS HEALTH DEPARTMENT REPORTS 400 MEASLES CASES AS OF MARCH 28 - WEBSITETEXAS HEALTH DEPARTMENT REPORTS 270 MEASLES CASES IN GAINES COUNTY AS OF MARCH 28TEXAS HEALTH DEPARTMENT REPORTS 41 HOSPITALIZATIONS IN MEASLES PATIENTS AS OF MAR 28Reuters
Fri, Mar 28
Stocks
Baird downgrades DoubleVerify, Integral Ad Science on competitive pressures
Investing.com -- Baird downgraded DoubleVerify (NYSE:DV) and Integral Ad Science to Neutral from Outperform, citing growing concerns about execution challenges, macroeconomic uncertainty, and stagnantInvesting.com
Fri, Mar 28
Commodities
METALS-LME copper falls with muted risk appetite ahead of bumpy next week
By Polina Devitt LONDON, March 28 (Reuters) - Copper prices fell on Friday with risk appetite muted by next week's deadline for broad U.S. reciprocal tariffs and stimulus to deliver copper to the U.S. ahead of possible metal-specific tariffs easing.Benchmark three-month copper CMCU3 on the Lo...Reuters
Fri, Mar 28
Stocks
Chipmaker Wolfspeed's shares hit 27-year low over uncertain federal funding
By Kritika Lamba March 28 (Reuters) - Wolfspeed's WOLF.N shares lost half their value on Friday, hitting their lowest level since 1998, as funding through a Joe Biden-era legislation that promised subsidies for chip making in the United States remains uncertain.Wolfspeed is waiting on about $...Reuters
Fri, Mar 28
Other
German finance minister warns of tariff hit to U.S. and German economies
By Christian Kraemer BERLIN, March 28 (Reuters) - Germany's Finance Minister Joerg Kukies warned on Friday that U.S. tariffs would hit both the German and the U.S. economies and that Berlin was working to prevent an escalating trade war.Kukies made the statement to Reuters after meeting his U...Reuters
Fri, Mar 28
Other
Columbia University protester Khalil remains jailed while judge weighs case transfer
Government aims to deport him for pro-Palestinian protestsKhalil's lawyers seek his release while he challenges deportation effortJudge's decision may clear the way for case to move to LouisianaBy Luc Cohen and Jonathan Allen NEWARK, New Jersey, March 28 - Columbia University student Mahm...Reuters
Fri, Mar 28
Other
EXCLUSIVE-Buyout, aerospace firms close in on $8 billion-plus Boeing navigation unit, sources say
TransDigm, several buyout firms among final bidders for JeppesenJeppesen expected to be valued at $8 billion-$9 billionSeveral buyout firms have formed groups to bidBy Milana Vinn, Dan Catchpole and Mike Stone March 28 (Reuters) - Several private equity firms and at least one aerospace supplier a...Reuters
Fri, Mar 28
Stocks
European shares hits a weekly decline as tariff worries persist
Ubisoft shares dip, erase early gains on talk hedge funds shorting stockGerman unemployment rises amid economic slowdownGermany's DAX falls 1%STOXX 600 down 0.7%By Medha Singh and Nikhil Sharma March 28 (Reuters) - European shares slid on Friday as fresh U.S. data amplified worries about high...Reuters
Fri, Mar 28
Cryptocurrencies
As PI Network Loses Its Spark, Coldware Ignites a Mobile Blockchain Shift—Here’s How to Join
The mainnet launch of Pi Network in February 2025 didn’t go as planned as the token crashed 70% in less than 30 days prompting its major investors to shift their focus elsewhere. Coldware (COLD) represents a unique mobile-oriented blockchain protocol to gain institutional and retail users through its cutting-edge features. Many users now consider Coldware […]Cryptopolitan
Fri, Mar 28
Other
FAA moves to protect aircraft owners private information
By David Shepardson WASHINGTON, March 28 (Reuters) - The Federal Aviation Administration said Friday it was making it easier for airplane owners to keep information private like their name and address after Congress approved legislation over privacy concerns.The FAA said that starting on Friday, ...Reuters
Fri, Mar 28
Economic Indicator
Brazil posts another month of stronger-than-expected formal job growth in February
BRASILIA, March 28 (Reuters) - Brazil's economy created a net 431,995 formal jobs in February, data from the Labor Ministry showed on Friday, beating the 250,000 forecast in a Reuters poll of economists.The figure follows a much stronger-than-expected performance also recorded in January.Reuters
Fri, Mar 28
Other
Germany warns of tariff hit to U.S. and German economies
BERLIN, March 28 (Reuters) - Germany's Finance Minister Joerg Kukies warned on Friday that U.S. tariffs would hit both the German and the U.S. economies and that Berlin was working to prevent an escalating trade war.Kukies made the statement to Reuters after meeting his U.S. counterpart, Treasur...Reuters
Fri, Mar 28
