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US Treasury chief: Chinese manufacturers will likely absorb tariffs
WASHINGTON, March 4 (Reuters) - U.S. Treasury Secretary Scott Bessent on Tuesday expressed confidence that Chinese manufacturers would absorb U.S. tariffs that went into effect overnight, and said the U.S. was in "transition" regarding tariffs on Canada and Mexico."China's business m...Reuters
Tue, Mar 4
Stocks
Should You Buy Archer Aviation While It's Below $10?
Archer Aviation (NYSE: ACHR) has developed impressive electric vertical takeoff and landing (eVTOL) aircraft and recently raised new funding that gives it plenty of room to grow. Investor sentiment has been flying high for Archer, with the company's share price surging 65% over the last 12 months. B...The Motley Fool
Tue, Mar 4
Stocks
Emergent BioSolutions falls on quarterly revenue decline
** Shares of drugmaker Emergent BioSolutions EBS.N fall 13.8% to $5.9 premarket ** The company posted Q4 revenue of $194.7 mln late on Monday, down from $276.6 mln a year ago ** It reported Q4 adjusted profit of 5 cents/share, versus a loss of 77 cents/share the previous year ** The stock has mo...Reuters
Tue, Mar 4
Other
Trump says federal funding will stop for colleges, schools allowing 'illegal' protests
March 4 (Reuters) - President Donald Trump said on Tuesday that all federal funding will stop for colleges and schools that allow "illegal" protests and that agitators will be imprisoned or sent back to the country they came from. "American students will be permanently expelled or, depen...Reuters
Tue, Mar 4
Cryptocurrencies
Are Crypto Presales a Safe Haven Amid Trump’s Trade War and Recession Fears?bit
In the midst of escalating trade tensions and economic uncertainties, investors are exploring alternative avenues to safeguard their assets.One such avenue gaining attention is cryptocurrency presales. Unlike established cryptocurrencies that are currently experiencing significant volatility, presa...NewsBTC
Tue, Mar 4
Commodities
PRESS DIGEST-Canada - March 4
March 4 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** Premier Doug Ford, in retaliation to U.S President Donald Trump's tariffs threatened to shut off his province...Reuters
Tue, Mar 4
Stocks
During US Market’s Turmoil, Executives of Tesla and SMCI Have Already Cashed Out
Following the impact of DeepSeek, the deterioration of the US economic growth prospects has caused the US stock market to face another round of intense selling. During this period, the executives of Tesla (TSLA.US) and Super Micro Computer (SMCI.US) sold their stocks.TradingKey
Tue, Mar 4
Economic Indicator
Italy farm lobby worried about U.S. tariffs' impact on Prosecco and Parma ham
ROME, March 4 (Reuters) - U.S. tariffs on European Union food products would cause "billion of dollars of damage" for Italy's prized agricultural exports including Parma ham and Prosecco wine, an Italian farmers' lobby said on Tuesday.President Donald Trump has vowed to hit the EU an...Reuters
Tue, Mar 4
Stocks
Best Buy down after downbeat forecasts on soft demand
** Shares of electronics retailer Best Buy BBY.N down ~2% at $85.15 in volatile premarket trading** Co sees comparable sales of flat to 2% growth, compared to estimates of a 1.7% rise - data compiled by LSEG** Says guidance does not include the impact of recently implemented or proposed tariffs** Sa...Reuters
Tue, Mar 4
Stocks
Crypto Market Sell-Off: Is It Time to Buy Bitcoin?
Even die-hard crypto investors are getting worried right now. Bitcoin (CRYPTO: BTC) is now down 18% from an all-time high of $109,000 in mid-January, and trades around the $89,000 level on March 3. That downtrend seemed unthinkable just a few months ago, when the election of a new pro-crypto preside...The Motley Fool
Tue, Mar 4
Forex
FOREX-Dollar falls to three-month low as tariffs and growth fears rattle markets
Dollar falls amid U.S. growth worriesTrump's 25% tariffs on Mexico and Canada take effectU.S. companies cite tariff concerns in surveyBy Harry Robertson and Ankur Banerjee LONDON/SINGAPORE, March 4 (Reuters) - The dollar fell to a three-month low on Tuesday as concerns about slowing growt...Reuters
Tue, Mar 4
Other
Pakistan 'well positioned' for first review of IMF bailout, minister says
By Asif Shahzad ISLAMABAD, March 4 (Reuters) - Pakistan was "well positioned" for the first review of its $7 billion International Monetary Fund bailout programme, the finance minister told Reuters, as talks with the global lender began on Tuesday.Islamabad secured the $7 billion Extended...Reuters
Tue, Mar 4
Other
EIB to lift limits on defence financing, broaden scope of eligible projects
By Jan Strupczewski BRUSSELS, March 4 (Reuters) - The European Investment Bank, the bank of EU governments, said it would lift existing limits on financing for defence projects and broaden the scope of what is eligible, although a ban on financing weapons and ammunition would remain.In a letter t...Reuters
Tue, Mar 4
Stocks
Ukrainian stocks in Warsaw trim losses after Kyiv says open to US minerals deal
** Shares of Warsaw-listed Ukrainian companies rebound in volatile trade after Ukrainian Prime Minister Denys Shmyhal indicates Kyiv's willingness to continue discussing a mineral deal with the U.S.** "We will continue to work with the U.S. through all available channels in a calm manner,...Reuters
Tue, Mar 4
Other
Morning News Call - U.S., March 4
To access a PDF version of this newsletter, please click hereYou can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageFor Morning News Call Ca...Reuters
Tue, Mar 4
Cryptocurrencies
Ethereum Breaks Below Parallel Channel – Is ETH Collapsing To $1,250?
Ethereum has experienced a massive drop, reaching its lowest level since late November 2023. The entire market has been hit by extreme volatility, uncertainty, and aggressive price swings, with ETH losing over 20% of its value in just hours. Investors fear that this correction could extend further a...NewsBTC
Tue, Mar 4
