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US Senate Democrats debate path forward on government funding bill
House Republicans pass funding bill Democrats see two distasteful optionsPartial government shutdowns begin Saturday unless Congress actsBy Richard Cowan WASHINGTON, March 12 (Reuters) - U.S. Senate Democrats were wrestling on Wednesday with how to respond to a stopgap funding bill passed by th...
Reuters
Wed, Mar 12
Other
Canadians, stung by Trump's tariffs and rhetoric, balk at US travel
Trump's rhetoric affects inbound US tourism demandCanadian travel to US drops 20% in FebruaryUS travel industry faces potential challenges with Canadian visitor declineBy Doyinsola Oladipo NEW YORK, March 12 (Reuters) - Right on the U.S.-Canadian border, Corey Fram's tourism marketing job...
Reuters
Wed, Mar 12
Stocks
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025March 18-19 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)May 6-7 (second day: statement released 1400 EDT/1800...
Reuters
Wed, Mar 12
Other
Russo brothers believe 'Electric State’ film feels like a Pixar movie
By Rollo Ross and Danielle BroadwayLOS ANGELES, March 12 (Reuters) - American filmmakers and brothers Anthony and Joe Russo, the directing team behind Marvel’s “Avengers: Infinity War” and “Avengers: Endgame,” aim to transport audiences to an alternate timeline in their film “The Electric State,” wh...
Reuters
Wed, Mar 12
Economic Indicator
Bank of Canada likely to cut rates 25 bps to cushion economy from tariffs
By Promit Mukherjee OTTAWA, March 12 (Reuters) - The Bank of Canada will likely cut its benchmark rate by a quarter point on Wednesday to cushion the economy against U.S. tariffs, several economists said.If the BoC delivers the 25-basis-point cut, it will be the bank's seventh consecutive red...
Reuters
Wed, Mar 12
Other
Russia says it needs to hear from US before commenting on proposed ceasefire in Ukraine
By Dmitry AntonovMOSCOW, March 12 (Reuters) - The Kremlin said on Wednesday that it needed to be briefed by the United States on the outcome of U.S.-Ukrainian talks in Saudi Arabia before commenting on whether a proposed ceasefire in Ukraine was acceptable to Russia.Ukraine said on Tuesday it was re...
Reuters
Wed, Mar 12
Commodities
Gold retains gains with Ukraine ceasefire deal on the table
Gold’s price (XAU/USD) holds onto weekly gains and trades above $2,915 at the time of writing on Wednesday ahead of the United States (US) Consumer Price Index (CPI) release for February.
Gold
Fxstreet
Wed, Mar 12
Forex
AUD/USD: Expected to trade in a 0.6255/0.6320 – UOB Group
Australian Dollar (AUD) is expected to trade in a 0.6255/0.6320 range vs US Dollar (USD).
AUD/USD
Fxstreet
Wed, Mar 12
Other
'We'll see' on support for German borrowing bonanza, Greens party leader says
Election winner Merz pushing debt reforms, infrastructure fundSupport from Greens crucial; 'We'll see' says leaderPlans could also get derailed by legal challenges By Andreas Rinke and Matthias Williams BERLIN, March 12 (Reuters) - Plans for Germany to unleash a massive increase in...
Reuters
Wed, Mar 12
Other
Easyjet Set To Permanently Roll Out Of Project Apu-Zero At Its Milan Malpensa Base - Website
March 12 (Reuters) - Easyjet PLC EZJ.L:EASYJET: SET TO PERMANENTLY ROLL OUT OF PROJECT APU-ZERO AT ITS MILAN MALPENSA BASE - WEBSITESource text: [ID:]
Reuters
Wed, Mar 12
Stocks
This Cheaply Valued Tech Stock Could Jump 21%, According to Wall Street Analysts. Should You Start Buying It Hand Over Fist?
Zoom Communications (NASDAQ: ZM) stock has registered healthy gains since hitting a 52-week low around mid-August last year. The stock rose an impressive 37% in just over six months thanks to its gradually improving growth profile, which is being driven by the rising demand for its AI-focused commun...
The Motley Fool
Wed, Mar 12
Stocks
Groupon jumps after strong revenue forecast
** Shares of e-commerce marketplace Groupon GRPN.O rise 17.7% at $11.50 in premarket** Co on Tuesday aftermarket, forecast FY2025 revenue above estimate and also beat analysts' expectations for Q4 revenue** GRPN expects FY25 revenue to be between $493 million and $500 million, compared with Stre...
Reuters
Wed, Mar 12
Forex
CAD: Another insurance cut – ING
We expect a 25bp rate cut of the Bank of Canada overnight rate to 2.75% today.
USD/CAD
Fxstreet
Wed, Mar 12
Stocks
Could Buying Bitcoin Right Now Set You Up for Life?
Unhappy days are here again for Bitcoin (CRYPTO: BTC) owners. The cryptocurrency's price has plunged roughly 24% after hitting an all-time high earlier this year.However, challenging times can also present huge opportunities for forward-thinking investors. Could buying Bitcoin right now set you up f...
The Motley Fool
Wed, Mar 12
Stocks
Should You Buy Stocks During the Nasdaq Correction? Evidence Is Piling Up and Here's What It Shows.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) blasted higher over the past two years, climbing in the double digits in both 2023 and 2024, as investors placed big bets on growth. They were optimistic about a potentially lower interest-rate environment ahead and how that could favor growth stocks, and pi...
The Motley Fool
Wed, Mar 12
Other
Polish PM heading to Turkey to discuss Ukraine, security
WARSAW, March 12 (Reuters) - Polish Prime Minister Donald Tusk said he was going to Turkey on Wednesday to discuss the latest developments on Ukraine."Turkey's role here may be crucial from the Polish point of view. Greater activity in the region and in stabilizing the situation on the Ukrai...
Reuters
Wed, Mar 12
Other
Germany's Kloeckner sees effects from U.S. metal tariffs as initially positive
March 12 (Reuters) - German Kloeckner & Co KCOGn.DE said on Wednesday that U.S. tariffs on steel and aluminium would likely have a positive effect on its business, at least initially."The tariffs are for the time being positive for us," CEO Guido Kerkhoff said in a press conference.Kloec...
Reuters
Wed, Mar 12
Stocks
Lear Integrates ComfortMax Seat Engineering Technology with General Motors
SOUTHFIELD, Mich., March 12, 2025 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, recently announced a key engineering integration with General Motors, beginning in the second quarter of 2025. A first of its kind, the ComfortMax Seat inte...
PR Newswire
Wed, Mar 12
Other
Kremlin says Russian forces are advancing in Russia's western Kursk region against Ukraine
MOSCOW, March 12 (Reuters) - The Kremlin said on Wednesday that Russian troops are successfully advancing in Russia's western Kursk region and recapturing villages from Ukrainian forces there.The Russian Defence Ministry said earlier on Wednesday that its troops had retaken five settlements in K...
Reuters
Wed, Mar 12
Stocks
Scorching Indian summer to boost demand for ACs, ice creams, power, CLSA says
** India's warmest February in 124 years could spur a demand uptick in cooling product categories like air-conditioners, air-coolers, refrigerators and fans, says CLSA** Weather office has warned of further rise in temperature and heatwave days going ahead** Listed air-conditioner and components...
Reuters
Wed, Mar 12
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