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First US corporate bond launched since Trump tariff announcement
By Shankar Ramakrishnan April 8 (Reuters) - Paychex PAYX.O announced the sale of a three-part bond on Tuesday, the first corporate bond offering to be launched since primary markets dried up after Trump imposed sweeping tariffs on U.S. imports last Wednesday.Paychex, a provider of human resources...Reuters
Apr 8, 2025
Other
Preferred Employers names Feemster sales and distribution manager
By Isha MaratheApril 8 - (The Insurer) WR Berkley-owned Preferred Employers Insurance has appointed Steve Feemster, who served as senior sales and business development agent on the general side of the business, as its sales and distribution manager.Feemster has more than three decades of experience...Reuters
Apr 8, 2025
Stocks
US STOCKS-Wall Street rebounds sharply on hopes of tariff talks
Indexes up: Dow 3.11%, S&P 500 3.16%, Nasdaq 3.65%Broadcom gains after launching new share buyback planMajor health insures rise after Medicare payment rate boostBy Shashwat Chauhan and Purvi Agarwal April 8 (Reuters) - Wall Street's main indexes on Tuesday bounced back from a heavy sello...Reuters
Apr 8, 2025
Stocks
Baltic index falls to over 4-week low as rates dip across vessel segments
April 8 (Reuters) - The Baltic Exchange's dry bulk sea freight index, which tracks rates for vessels moving dry bulk commodities, slipped to an over four-week low on Tuesday due to lower demand across vessels amid persistent trade tensions.* The main index .BADI, which monitors rates for capesiz...Reuters
Apr 8, 2025
Other
Bill Ackman calls for pause on implementing Trump's tariffs
April 8 (Reuters) - The U.S. should delay implementing its new tariffs for up to 90 days while trade negotiations take place, billionaire investor Bill Ackman, who endorsed Donald Trump's run for president, said in a social media post on Tuesday.Ackman said that while he was supportive of tariff...Reuters
Apr 8, 2025
Other
Willis unveils PI excess cover facility
By Rebecca DelaneyApril 8 - (The Insurer) - Willis has launched a professional indemnity solution offering capacity of $40 million for professional firms operating in the current volatile business environment.The same amount of capacity is also available in other currencies.The ProXS facility includ...Reuters
Apr 8, 2025
Other
US prioritizing allies, not China, in trade talks, economic adviser Hassett says
WASHINGTON, April 8 (Reuters) - U.S. trade negotiators are prioritizing allies as they move forward on trade and are focused on big trading partners that have had big trade surpluses for years with the United States, White House economic adviser Kevin Hassett said on Tuesday. "The president ...Reuters
Apr 8, 2025
Cryptocurrencies
Ripple Announces $1.25B Acquisition Of Hidden Road To Set Major Milestone
Ripple Labs has announced a major acquisition to shock the market out of an otherwise dreadful week. Taking to X (formerly Twitter), the crypto firm announced that it has acquired Hidden Road, a brokerage, clearing, and financing firm as it moves forward in its mission to become the leader for insti...NewsBTC
Apr 8, 2025
Cryptocurrencies
U.S. Treasury yields mixed as investors assess the escalating China trade war
U.S. Treasury yields dropped as investors evaluate the outlook for economic growth and inflation amid U.S. President Donald Trump’s tariff policy and threats of even higher levies against China. At the time of publication, the yield on the 10-year Treasury was 4.156%, while the 2-year Treasury yield surged to 3.73%.Cryptopolitan
Apr 8, 2025
Stocks
Prediction: After Losing Over $1 Trillion in Market Cap This Year, Nvidia Stock Will Rebound in Epic Fashion. Here's Why.
For much of the past two years, the S&P 500 and Nasdaq Composite were fueled to record levels thanks to a small collective of megacap artificial intelligence (AI) stocks. Known as the "Magnificent Seven," Microsoft, Apple, Amazon, Alphabet, Meta Platforms, Tesla, and Nvidia (NASDAQ: NVDA) have large...The Motley Fool
Apr 8, 2025
Cryptocurrencies
Why Are Cardano Investors Rushing To Purchase This New Crypto Everyone Is Talking About?
Cardano (ADA) investors are turning heads as a new Ethereum-based token, Yeti Ouro (YETIO), quickly gains traction. Technical signals indicate a downward trend for ADA price, while the flat trading pushes investors to examine YETIO due to its Play-to-Earn features and limited total supply. Entrepreneurs demonstrate rising interest in this nascent token as the project […]Cryptopolitan
Apr 8, 2025
Economic Indicator
WH Economic Adviser Hassett: Fed will decide interest rates, we respect independence
In an interview with Fox News on Tuesday, Kevin Hassett, Director of the US National Economic Council (NEC), said that they are getting ready to present a plan to US President Donald Trump on "who and when for tariff talks," per Reuters.Fxstreet
Apr 8, 2025
Other
StarLight’s Apex Star reciprocal approved as 12th new Florida P&C carrier since reforms
By Michael LoneyApril 8 - (The Insurer) - The Florida Office of Insurance Regulation has approved Apex Star Reciprocal Exchange as the 12th insurer to enter the state since legislative reforms passed in 2022 and 2023. New Port Richey-based Apex Star will provide fire, allied lines, homeowners multip...Reuters
Apr 8, 2025
Other
Tesla, Warner Bros fend off some claims in 'Blade Runner 2049' ad dispute
By Blake Brittain April 7 (Reuters) - Tesla TSLA.O and Warner Bros. Discovery WBD.O won a ruling on Monday dismissing some claims by movie studio Alcon Entertainment over their alleged misuse of imagery from the film "Blade Runner 2049" to promote Tesla's autonomous cybercab.U.S. Dist...Reuters
Apr 8, 2025
Stocks
Spire Global soars after litigation settlement agreement for maritime deal
** Shares of satellite operator Spire Global SPIR.N up 25% to $9.35 early Tues after reaching agreement over disputed deal for its maritime business ** SPIR shares on course for biggest one-day pct gain since Mar 19, 2024 ** Vienna, Virginia-based space-based data and analytics firm late Mon sai...Reuters
Apr 8, 2025
Stocks
Where Will American Express Stock Be in 1 Year?
American Express (NYSE: AXP) shareholders are finding their wallets a bit lighter at the start of the year, as the stock has declined approximately 29% from its 52-week high. Despite the credit services giant posting record financial results for 2024, concerns about the strength of the U.S. economy ...The Motley Fool
Apr 8, 2025
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