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Trump plans executive order to strengthen U.S. shipbuilding, which China dominates
LOS ANGELES, March 5 (Reuters) - U.S. President Donald Trump is drafting an executive order aimed at resuscitating domestic shipbuilding and reducing China's grip on the global ocean shipping industry that handles more than 80% of global trade. A draft fact sheet seen by Reuters on Wednesday inc...Reuters
Wed, Mar 5
Cryptocurrencies
Ethereum (ETH) Price Surge Imminent? Investor Activity Rises, But Top ETH Rival Steals the Spotlight
Ethereum maintains a price position close to $2,522 despite sustaining a 26% market decline throughout the last week. Macroeconomic analysts highlight a key risk point for Ethereum as investors must sustain its position above $2,200 to encourage price recovery toward $2,900 which falls short failure may trigger future declines. Short-term Ethereum price predictions diverge among […]Cryptopolitan
Wed, Mar 5
Forex
CANADA FX DEBT-Canadian dollar gains as investors eye tariff negotiations
Canadian dollar gains 0.3% against the greenbackTrades in a range of 1.4341 to 1.4449Downturn deepens in Canada's services economyBond yields trade mixed across steeper curveBy Fergal Smith TORONTO, March 5 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Wednesday...Reuters
Wed, Mar 5
Commodities
ERCOT Issues Operating Condition Notice on West Texas Due To Topology Change
March 5 (Reuters) - ELECTRICITY RELIABILITY COUNCIL OF TEXAS (ERCOT):REPORTS AT 1300, IT ISSUED OPERATING CONDITION NOTICE FOR MANUAL ACTION TAKEN ON WEST TEXAS INTERCONNECTION RELIABILITY OPERATING LIMIT (IROL) DUE TO TOPOLOGY CHANGEReuters
Wed, Mar 5
Commodities
GRAINS-Corn, soy and wheat bounce as traders monitor tariff relief
By Julie Ingwersen CHICAGO, March 5 (Reuters) - U.S. corn, soybean and wheat futures traded higher on Wednesday, bouncing from multi-month lows set a day earlier as indications that U.S. tariffs against Canada and Mexico may be reduced helped ease market jitters over escalating trade tensions.As ...Reuters
Wed, Mar 5
Forex
COMMENT-US recap: EUR/USD soars on German spending plan, tariff detour
March 5 (Reuters) - The euro surged higher on Wednesday, driven initially by optimism over a massive German spending proposal enhancing European growth prospects and gaining further after news of a 30-day delay in tariffs on vehicles built in North American.Markets interpreted the delay as suggestin...Reuters
Wed, Mar 5
Other
New York City loses bid for swift return of $80.5 million FEMA migrants grant
By Luc Cohen and Jack Queen NEW YORK, March 5 (Reuters) - A U.S. judge on Wednesday declined to order the Trump administration to immediately return to New York City $80.5 million of grants intended to cover part of the city's cost of housing migrants. U.S. District Judge Jennifer Rearden rul...Reuters
Wed, Mar 5
Other
USAID cuts put tuberculosis response in peril, WHO says
March 5 (Reuters) - The Trump administration's decision to pause U.S. foreign aid would undo progress made in containing tuberculosis (TB) infections across low- and middle-income countries, putting the lives of millions at risk, the World Health Organization said on Wednesday."Without immed...Reuters
Wed, Mar 5
Stocks
Why AeroVironment Stock Is Plummeting Today
Shares of AeroVironment (NASDAQ: AVAV) are falling on Wednesday. The company's stock had lost 4.4% as of 2:05 p.m. ET but was down as much as 22.4% earlier in the day. The drop comes as the S&P 500 gained 0.7% and the Nasdaq composite gained 0.9%.The defense contractor reported earnings yesterday th...The Motley Fool
Wed, Mar 5
Stocks
US STOCKS-Wall Street gains as markets eye easing of trade tensions
CrowdStrike dips on bleak revenue forecastIntel drops after Trump's plans to kill chips subsidy lawUS service sector expands in February; price growth acceleratesNasdaq Composite on track to confirm correctionIndexes up: Dow +0.94%, S&P 500 +0.87%, Nasdaq 1.07%By Johann M Cherian, Sukriti Gu...Reuters
Wed, Mar 5
Other
Macron says will open debate about extending French nuclear umbrella to EU partners
PARIS, March 5 (Reuters) - French President Emmanuel Macron said on Wednesday that he will open debate about extending the French nuclear umbrella to European partners.In a televised speech to the nation, he added that the ultimate decision on using nuclear weapons will remain in the hands of the Fr...Reuters
Wed, Mar 5
Economic Indicator
US activity rises slightly and uncertainty also up, Fed survey shows
Fed reports uneven economic growth across districtsRising uncertainty linked to Trump's policies, including tariffsFed likely to maintain interest rates amid inflation concerns March 5 (Reuters) - U.S. economic activity has risen slightly but unevenly since mid-January, employment nudged high...Reuters
Wed, Mar 5
Cryptocurrencies
Trump is living out his book – The Art of the Deal – and that’s the tariff game
According to his testament, the first thing that Trump does when he wakes up is read the morning newspaper. Well, an American daily newspaper once said about Trump that he is a deal maker the way lions are carnivores and water is wet. Who would disagree? The businessman wrote a book, “The Art of the […]Cryptopolitan
Wed, Mar 5
Stocks
Why Bitcoin, Ethereum, and Dogecoin Are Trading Higher Today
The big three cryptocurrencies are on the move today. Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) are up 2.3%, 2.6%, and 1.7%, respectively, as of 12:30 p.m. ET. Earlier in the day, however, they were up as much as 6.1%, 5.5%, and 4.4%.The three followed a general upti...The Motley Fool
Wed, Mar 5
Other
France's Macron says he will hold meeting of European army chiefs in Paris next week
PARIS, March 5 (Reuters) - French President Emmanuel Macron said in a televised address to the nation on Wednesday he plans to hold a meeting of all European army chiefs in Paris next week. He also said France needs to be ready if the United States is no longer by its side.Reuters
Wed, Mar 5
Other
HW Kaufman Group London hires LSM’s Hall to drive innovative solutions
By Chris MunroMarch 5 - (The Insurer) - HW Kaufman Group’s London platform has recruited Kerry Hall from Liberty Specialty Markets as director, commercial.In her new role, Kaufman said Hall will work closely with the company’s leadership to develop solutions via the Lloyd’s market that will enable t...Reuters
Wed, Mar 5
Other
Boxing-TKO, Saudi's Alalshikh and Sela join forces in new promotion
March 5 (Reuters) - TKO Group Holdings, owners of mixed martial arts' UFC and wrestling's WWE, announced on Wednesday a new boxing promotion with the backing of Saudi Arabia's Turki Alalshikh and entertainment conglomerate Sela.While Alalshikh chairs Saudi Arabia's General Entertainm...Reuters
Wed, Mar 5
Other
White House says it is reconsidering Ukraine funding pause
WASHINGTON, March 5 (Reuters) - The White House said on Wednesday it is reconsidering its pause in funding for Ukraine and talks between the United States and Ukraine over a minerals deal are ongoing."I believe what the National Security Council told me in regards to that was ... that they are r...Reuters
Wed, Mar 5
Stocks
Brown-Forman Corp reports results for the quarter ended January 31 - Earnings Summary
Brown-Forman Corp BFb.N reported quarterly adjusted earnings of 43 cents per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of 60 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 46 cents per share. W...Reuters
Wed, Mar 5
