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EXPLAINER-What is Elon Musk's DOGE? How much money has it saved US taxpayers?
By Tim Reid WASHINGTON, March 4 (Reuters) - U.S. President Donald Trump is expected to boast about his sweeping cuts to the federal bureaucracy during an address to a joint session of Congress on Tuesday night, with praise for tech billionaire Elon Musk's so-called Department of Government Ef...Reuters
Tue, Mar 4
Other
Mexico vows retaliation as Trump trade war erupts
Mexico readies retaliatory measures after US tariffs launchedMexican President Sheinbaum to announce decision on SundaySheinbaum says there is 'no reason' for tariffsSheinbaum plans call with Trump this weekBy Kylie Madry and Brendan O'Boyle MEXICO CITY, March 4 (Reuters) - Mexican Pr...Reuters
Tue, Mar 4
Commodities
Enbridge: Possibility Of Line 5 Being Shut Down By U.S. in Event of Trade War Escalation Unlikely
March 4 (Reuters) - Enbridge Inc ENB.TO:EXEC SAYS VENEZUELAN CRUDE BEING SANCTIONED BY THE US WILL HELP CANADIAN CRUDE DEMAND HOLD UP IN FACE OF TARIFFS - INVESTOR DAY CONF CALLCEO SAYS U.S. AND CANADA ENERGY SYSTEMS ARE SO INTERTWINED THAT ENBRIDGE CONTINUES TO SEE EXPORT OPPORTUNITIES TO U.S. IN S...Reuters
Tue, Mar 4
Stocks
L B Foster Co reports results for the quarter ended December 31 - Earnings Summary
L B Foster Co FSTR.OQ reported quarterly adjusted earnings of 14 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of two analysts for the quarter was for earnings of 28 cents per share. Wall ...Reuters
Tue, Mar 4
Commodities
Trump: Canadian retaliatory tariffs will face immediate reciprocal tariffs
March 4 (Reuters) - U.S. President Donald Trump said that retaliatory tariffs imposed by Canada will be met with immediate reciprocal tariffs in the same amount, after remarks by Prime Minister Justin Trudeau that Canada would strike back at American tariffs imposed overnight. "Please explain to...Reuters
Tue, Mar 4
Stocks
Heidrick & Struggles International Inc reports results for the quarter ended December 31 - Earnings Summary
Heidrick & Struggles International Inc HSII.OQ reported quarterly adjusted earnings of $1.08 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 72 cents. The mean expectation of three analysts for the quarter was for earnings ...Reuters
Tue, Mar 4
Other
EU proposes borrowing 150 billion euros in big rearmament push
European Commission unveils package to boost defence spending Move driven by fears over Russia, future of US protectionEU leaders to discuss plan in special summit on ThursdayBy Jan Strupczewski and Andrew Gray BRUSSELS, March 4 (Reuters) - The European Commission proposed on Tuesday to borrow u...Reuters
Tue, Mar 4
Cryptocurrencies
US Treasury Secretary Scott Bessent: ‘We are set on bringing interest rates down’
United States Treasury Secretary Scott Bessent said the government was set on bringing rates down. He reprimanded China’s business model, saying it was centered on exports, which was unacceptable in his country.Cryptopolitan
Tue, Mar 4
Stocks
Housing index drops to near eight-month low after Trump tariffs
** PHLX Housing index .HGX falls 1% to lowest level since July 2024 ** U.S. President Donald Trump hits Canada and Mexico with 25% tariffs, doubles duties on Chinese goods to 20% ** Canada responds with tariffs on select U.S. goods** U.S. homebuilders likely to see rising costs as duties imposed on ...Reuters
Tue, Mar 4
Commodities
EU wheat and rapeseed hit lows as tariff battle heats up
PARIS, March 4 (Reuters) - Euronext wheat futures extended losses on Tuesday to a six-month low while rapeseed tumbled to a one-month low as U.S. tariffs and retaliatory measures from China and Canada deepened concern about disruption to agricultural trade.May wheat BL2K5, the most active contract o...Reuters
Tue, Mar 4
Other
Apple appeals to overturn UK government's 'back door' order, Financial Times reports
March 4 (Reuters) - Apple AAPL.O has filed a legal complaint that it hopes will overturn a British government order to create a "back door" in its most secure cloud storage systems, the Financial Times reported on Tuesday, citing people familiar with the matter.Reuters
Tue, Mar 4
Other
Israel says it needs deal on freeing hostages to extend Gaza ceasefire
Truce extension proposed during Ramadan until after PassoverHamas wants to proceed to second truce phase for permanent end to war, full Israeli withdrawal from GazaHamas and Israel at odds over postwar governance of GazaBy James Mackenzie JERUSALEM, March 4 (Reuters) - Foreign Minister Gideon Saa...Reuters
Tue, Mar 4
Stocks
BlackRock falls after group, including company, to buy Panama ports' stake
** Shares of asset manager BlackRock Inc BLK.N down 2.10% at $946.22** Hong Kong's CK Hutchison Holdings 0001.HK to sell its controlling stake in unit that operates Panama ports to a consortium including BLK for equity value of $14.21 billion** Sale of licenses will lead to the consortium gainin...Reuters
Tue, Mar 4
Stocks
Natgas companies rise on record LNG flows, Canada tariff worries
** Shares of U.S. natural gas companies rise, tracking natgas futures NGA/** U.S. natgas futures NGc1 up 8% at $4.44 per million British thermal units (mmBtu), putting the contract on track for its highest close since December 2022** Natural gas prices rise on record flows to liquefied natural gas e...Reuters
Tue, Mar 4
Stocks
Best Buy warns of potential price hikes as fresh US tariffs roll in, shares slump
Company says annual forecast excludes recently imposed tariffsPosts surprise rise in holiday quarter sales, beats profit estimatesShares slump 15%By Savyata Mishra March 4 (Reuters) - Best Buy BBY.N warned of the possibility of higher prices for American shoppers as President Donald Trump's ...Reuters
Tue, Mar 4
