News
Important Only
Economic Indicator
Fed's Waller, leaning against March cut, sees easings later in year
Fed's Waller says March rate cut is unlikelyFed's Waller says cuts later this year are still on tableWaller says larger tariffs now being weighed run bigger inflation riskBy Michael S. Derby NEW YORK, March 6 (Reuters) - Federal Reserve Governor Christopher Waller said on Thursday he lean...Reuters
Thu, Mar 6
Other
Latin American activists warn of pushback on reproductive rights
After US, other countries in LatAm looking to reverse abortion rights, activists sayRegion split between gov'ts easing and tightening reproductive lawsArgentina cuts causing shortages in contraceptives, medical servicesBy Sarah Morland and Natalia Siniawski MEXICO CITY, March 6 (Reuters) - La...Reuters
Thu, Mar 6
Forex
FOREX-US dollar sinks as growth concerns weigh; safe-havens yen, Swiss franc advance
ECB cuts rates, but raises near-term inflation forecastEuro posts largest weekly gain since March 2020U.S. dollar index hovers at 4-month lowsBy Gertrude Chavez-Dreyfuss NEW YORK, March 6 (Reuters) - The safe-haven yen and Swiss franc climbed in volatile trading on Thursday, while the dollar slum...Reuters
Thu, Mar 6
Economic Indicator
US Treasury's Bessent defends Trump tariff upheaval, vows 'maximum sanctions'
Bessent says cheap goods not essence of American DreamTariffs seen as revenue source and negotiation toolNo plans to consolidate banking regulatorsFinancial sanctions will be used for maximum impactBy David Lawder and Ann Saphir NEW YORK, March 6 (Reuters) - U.S. Treasury Secretary Scott Bessent ...Reuters
Thu, Mar 6
Other
Walgreens Boots Alliance Enters Into Definitive Agreement To Be Acquired By Sycamore Partners
March 6 (Reuters) - Walgreens Boots Alliance Inc WBA.O:WALGREENS BOOTS ALLIANCE ENTERS INTO DEFINITIVE AGREEMENT TO BE ACQUIRED BY SYCAMORE PARTNERSWALGREENS - TOTAL VALUE OF TRANSACTION REPRESENTS UP TO $23.7 BILLIONWALGREENS -WILL CONTINUE TO OPERATE UNDER WALGREENS, BOOTS AND ITS TRUSTED PORTFOLI...Reuters
Thu, Mar 6
Commodities
State Dept says all waivers providing Iran economic relief are under review
By Daphne Psaledakis WASHINGTON, March 6 (Reuters) - The U.S. is reviewing all existing sanctions waivers that provide Iran any degree of economic relief, and urging the Iraqi government to eliminate its dependence on Iranian sources of energy as soon as possible, the U.S. State Department spokes...Reuters
Thu, Mar 6
Stocks
Nuvation Bio Inc reports results for the quarter ended December 31 - Earnings Summary
Nuvation Bio Inc NUVB.N reported a quarterly adjusted loss of 15 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -6 cents. The mean expectation of five analysts for the quarter was for a loss of 14 cents per share. Wall St...Reuters
Thu, Mar 6
Stocks
Costco falls after quarterly profit misses expectations
** Shares of membership-only retail chain Costco COST.O fall 1.4% to $1,012.70 in extended trade** COST reports Q2 profit below Wall Street expectations, after beating estimates for the past six quarters** Less-than-expected earnings came amid higher merchandise costs and overshadowed quarterly reve...Reuters
Thu, Mar 6
Stocks
Smith & Wesson slides after lower sales, margins
** Shares of firearms maker Smith & Wesson Brands SWBI.O down 7.7% post-market to $10.17, lowest since mid-Jan, after fiscal Q3 report shows reduced sales and gross margin** Maryville, Tennesse-based co says net sales decreased ~16% y/y to $115.9 mln, and gross margin was 24.1% compared to 28.7%...Reuters
Thu, Mar 6
Stocks
Broadcom rises after upbeat quarterly revenue forecast
** Shares of chip maker Broadcom AVGO.O rise 9.3% to $196.10 in extended trading** Company forecasts Q2 revenue of about $14.9 billion, compared with estimates of $14.76 billion, according to data compiled by LSEG** Company posts Q1 adjusted profit of $1.60/shr vs estimates of $1.49/shr** Company re...Reuters
Thu, Mar 6
Stocks
HPE Revenue Soars, Cash Flow Dips
Hewlett Packard Enterprise (NYSE:HPE), a technology company specializing in edge-to-cloud platforms, released its first quarter fiscal 2025 results on March 6, 2025. The report highlighted a 16% year-over-year revenue increase to $7.9 billion, surpassing analyst estimates of $7.814 billion. Despite ...The Motley Fool
Thu, Mar 6
Other
Trump says he will go to Saudi Arabia to reach $1 trillion deal
By Steve Holland WASHINGTON, March 6 (Reuters) - U.S. President Donald Trump said on Thursday he likely will make his first trip abroad to Saudi Arabia to seal an agreement for Riyadh to invest upwards of $1 trillion in the U.S. economy, including purchases of military equipment.Talking to repor...Reuters
Thu, Mar 6
Commodities
ANALYSIS-Brazil braces for more Chinese demand, higher food prices amid US trade war
Brazil likely to take more of China's import market from USHigher export demand to drive up domestic food pricesFood inflation already risen for five months in a rowGovt under severe pressure, to meet industry leaders ThursdayBy Roberto Samora and Gabriel Araujo SAO PAULO, March 6 (Reuters) -...Reuters
Thu, Mar 6
