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Fed's Harker says central bank has built up a lot of credibility
By Michael S. DerbyNEW YORK, April 22 (Reuters) - Federal Reserve Bank of Philadelphia President Patrick Harker said Tuesday that trust in the central bank is one of its greatest powers right now. “What we have that's been built up over time is an incredibly precious resource at the Fed, which i...Reuters
Apr 22, 2025
Stocks
Verizon posts higher subscriber loss on price hikes, competition
By Harshita Mary VargheseApril 22 (Reuters) - Verizon Communications VZ.N lost more wireless subscribers in the first quarter than Wall Street expected, as the U.S. telecom giant grappled with the fallout of recent price hikes and aggressive promotions from rivals. Shares of the company were down ab...Reuters
Apr 22, 2025
Stocks
LIVE MARKETS-US stocks in rebound mode
Main US indexes rally; Nasdaq up >1.5%All S&P 500 sectors green; Cons Disc out front Euro STOXX 600 index off ~0.3%Dollar gains; crude up >1%; bitcoin up >3%; gold ~flatU.S. 10-Year Treasury yield dips to ~4.38%Welcome to the home for real-time coverage of markets brought to you by Reut...Reuters
Apr 22, 2025
Forex
Canadian Dollar could see boost as pension funds rethink U.S. exposure, says UBS
Investing.com -- Canadian pension funds may be positioned to reshape FX markets as they reassess longstanding U.S. dollar exposures, according to UBS Global FX Strategist Vassili Serebriakov. A decadeInvesting.com
Apr 22, 2025
Economic Indicator
GE Aerospace CEO Culp advocates tariff-free regime for aviation industry
CHICAGO, April 22 (Reuters) - GE Aerospace GE.N CEO Larry Culp said on Tuesday he advocated re-establishing a tariff-free regime for the aerospace industry under the 1979 Civil Aircraft Agreement when he met with President Donald Trump.In an interview with Reuters, Culp said the company's positi...Reuters
Apr 22, 2025
Commodities
Russia's Putin discusses US-Iran nuclear talks with leader of Oman
MOSCOW, April 22 (Reuters) - Russian President Vladimir Putin discussed Iran's nuclear programme on Tuesday with the visiting leader of Oman, Sultan Haitham bin Tariq al-Said, a Kremlin official was quoted as saying.Oman has been mediating between Iran and the United States as President Donald T...Reuters
Apr 22, 2025
Commodities
US FDA suspends milk quality tests amid workforce cuts
By Leah Douglas WASHINGTON, April 21 (Reuters) - The Food and Drug Administration is suspending a quality control program for testing of fluid milk and other dairy products due to reduced capacity in its food safety and nutrition division, according to an internal email seen by Reuters. The suspe...Reuters
Apr 22, 2025
Forex
USD/JPY Price Forecast: At make or a break around 140.00
The USD/JPY pair recovers some of its intraday losses but is still trading down near 140.65 during North American trading hours on Tuesday. The asset has demonstrated a sharp downside move in the last two weeks and revisited the 21-month low near 139.60.
Fxstreet
Apr 22, 2025
Other
FOCUS-Trump looking at cutting US drug prices to international levels, sources say
Government health officials told source they were exploring an international reference pricing policyU.S. pays nearly three times more than other developed countries for drugsThe policy is more concerning to the pharmaceuticals industry than tariffs, sources sayBy Patrick Wingrove April 22 (Reut...Reuters
Apr 22, 2025
Stocks
3 Relatively Safe Healthcare Growth Stocks You Can Buy and Hold
When the stock market is highly volatile, many investors flock to assets that offer stability but dismal growth prospects. However, you don't necessarily have to sacrifice growth for safety.Three Fool.com contributors believe they've identified relatively safe growth stocks in the healthcare sector ...The Motley Fool
Apr 22, 2025
Stocks
Kimberly-Clark cuts 2025 profit forecast as tariffs set to drive up costs
CEO Hsu says tariffs to increase global supply-chain costsHsu adds N. America segment will 'bear the brunt' of tariff-related costsKimberly-Clark also reports Q1 revenue missShares down about 3%By Savyata Mishra and Neil J Kanatt April 22 (Reuters) - Kimberly-Clark KMB.N slashed its annu...Reuters
Apr 22, 2025
Other
EPA begins layoffs of environmental justice staff
By Valerie Volcovici WASHINGTON, April 22 (Reuters) - The Environmental Protection Agency sent termination notices on Tuesday to staff who work on environmental justice programs at its headquarters and across regional offices, saying their work no longer aligns with the mission of the agency.The ...Reuters
Apr 22, 2025
Stocks
Nvidia Investors Shocked After Amazon Data Center Updates
In today's video, I discuss Nvidia (NASDAQ: NVDA) and recent updates affecting the semiconductor market. To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of April 21, 2025. The video was published o...The Motley Fool
Apr 22, 2025
Other
IMF's Gourinchas says critical for central banks to preserve independence
WASHINGTON, April 22 (Reuters) - IMF chief economist Pierre-Olivier Gourinchas, asked about calls by U.S. President Donald Trump for the removal of Federal Reserve Chair Jerome Powell, on Tuesday underscored the importance of preserving central banks' independence to maintain their credibility i...Reuters
Apr 22, 2025
Stocks
Stock Market Sell Off: 3 No-Brainer Dividend Stocks to Buy If You Want to Get Paid
If you are watching the market volatility and worried about the future, you might want to shift the way you look at things. An easy win is to add some dividend-paying stocks to your portfolio so you can pay attention to dividend checks instead of the ups and downs of the S&P 500 index. Three great s...The Motley Fool
Apr 22, 2025
Stocks
Equifax jumps after earnings beat, new $3 bln stock buyback
** Shares of credit reporting agency Equifax EFX.N up 11.2% to $239.40 and among best S&P 500 .SPX performers early Tues after qtrly earnings topped Wall Street estimates and it unveiled new stock buyback** EFX shares hit three-week high and on course for biggest daily pct gain since Nov 10, 202...Reuters
Apr 22, 2025
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