News
Important Only
Reuters5 minutes ago
US STOCKS-S&P 500 edges up after Trump attacks Fed; Nvidia climbs
Canadian Dollar gains ground on Greenback weakness
Reuters5 minutes ago
Suriname's Staatsolie to launch offer for offshore oil areas in November
Reuters8 minutes ago
Bessent says US tariff revenue could be well over $500 billion a year
Reuters10 minutes ago
Meta to launch California super-PAC backing pro-AI candidates
Reuters10 minutes ago
Lutnick says Commerce Dept will start issuing statistics on blockchain
Stocks
US STOCKS-S&P 500 edges up after Trump attacks Fed; Nvidia climbs
EchoStar jumps after AT&T says it will buy spectrum licenses for $23 billionAMD gains on Truist Securities' bullish upgradeEli Lilly up as pill cuts weight by 10.5% in diabetes patientsS&P 500 +0.12%, Nasdaq +0.15%, Dow +0.04%By Johann M Cherian and Noel Randewich Aug 26 (Reuters) - T...Reuters
5 minutes ago
Other
Suriname's Staatsolie to launch offer for offshore oil areas in November
PARAMARIBO, Aug 26 (Reuters) - Suriname state oil firm Staatsolie will launch in November an "open-door offering" for offshore areas to be explored and evaluated, the company said on Tuesday, as the small South American nation seeks partners and financing for what it hopes could be an oil an...Reuters
5 minutes ago
Economic Indicator
Bessent says US tariff revenue could be well over $500 billion a year
Aug 26 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Tuesday that customs duty revenues from President Donald Trump's tariffs may top $500 billion a year, with a substantial jump from July to August and likely a bigger jump in September.Bessent told a White House Cabinet meeting that...Reuters
8 minutes ago
Other
Meta to launch California super-PAC backing pro-AI candidates
Aug 26 (Reuters) - Meta META.O said on Tuesday it will launch a California-focused political action committee to back state-level candidates favoring lighter regulation of technology, particularly artificial intelligence.The group, named Mobilizing Economic Transformation Across California — a super...Reuters
10 minutes ago
Cryptocurrencies
Lutnick says Commerce Dept will start issuing statistics on blockchain
WASHINGTON, Aug 26 (Reuters) - U.S. Secretary of Commerce Howard Lutnick said on Tuesday the Commerce Department will start issuing economic statistics on blockchain."We are going to put out GDP on the blockchain so people can use the blockchain for data distribution, and then we're going to...Reuters
10 minutes ago
Other
Trump's efforts to remove Fed governor set to test Treasury market
Potential for looser monetary policy with Trump's Fed appointeesYield curve steepens amid fears of aggressive rate cutsHigh U.S. debt levels may tempt government to influence Fed policyBy Davide Barbuscia NEW YORK, Aug 26 (Reuters) - U.S. bond investors expect President Donald Trump's lat...Reuters
12 minutes ago
Forex
EUR/USD threads water below 1.1650
The EUR/USD pair trades within a limited range on Tuesday, holding above the 1.1600 mark but unable to extend gains beyond an intraday peak in the 1.1660 region. The pair is hovering around 1.630 in the American afternoon, lacking a clear bias.
Fxstreet
14 minutes ago
Other
Trump administration mulls taking stakes in defense firms including Lockheed Martin
Commerce Secretary Lutnick defends potential stakes in defense firmsTrump administration's federal intervention raises corporate strategy concernsShares of Lockheed, Boeing rise; Palantir falls after Lutnick's commentsLutnick cites Pentagon leaders in defense company stake discussionsBy Susa...Reuters
16 minutes ago
Stocks
GLOBAL MARKETS-US Treasury yields, dollar ease with Trump's Fed battle fanning concern
Trump says he is firing Fed governor Lisa CookPresident's move fans concerns over Fed independenceFrench markets hit by political turmoilBy Caroline Valetkevitch NEW YORK, Aug 26 (Reuters) - Shorter-dated U.S. Treasury yields and the dollar fell on Tuesday, with President Donald Trump's a...Reuters
16 minutes ago
Other
Canada and allies to explore funding critical mineral projects, minister says
By Riham AlkousaaBERLIN, Aug 26 (Reuters) - Canada is working with its allies to potentially fund critical mineral transactions, similar to what the U.S. government did with MP Materials MP.N to diversify the supply chain from China, Energy and Natural Resources Minister Tim Hodgson told Reuters on ...Reuters
21 minutes ago
Other
BREAKINGVIEWS-The fight for the Fed reaches its decisive moment
By Gabriel Rubin WASHINGTON, Aug 26 (Reuters Breakingviews) - Is the Federal Reserve independent? The institution and even its leader, Chair Jerome Powell, remain steadfast for now. The definitive answer, though, depends on whether President Donald Trump is successful in firing Governor Lisa Cook...Reuters
21 minutes ago
Other
Tennis-Musetti battles back to beat Mpetshi Perricard at US Open
By Janina Nuno RiosNEW YORK, Aug 26 (Reuters) - Tenth seed Lorenzo Musetti rallied from a set down to secure a 6-7(3) 6-3 6-4 6-4 victory over Frenchman Giovanni Mpetshi Perricard in the first round of the U.S. Open on Tuesday.The 23-year-old Italian struggled to make inroads against the Frenchman&#...Reuters
25 minutes ago
Economic Indicator
Forex Today: Australian inflation comes to the fore
The US Dollar (USD) reversed its prior gains and came under some modest downside pressure on Tuesday, as market participants shifted their attention to another bout of the Trump-Fed spat ahead of the release of key inflation data toward the end of the week.
Commodities
SOFTS-Arabica coffee prices fall, New York cocoa also down
NEW YORK, Aug 26 (Reuters) - Arabica coffee futures fell on Tuesday, retreating from the prior session's 3-1/2-month high, with the market technically overbought after its recent rapid rise. COFFEE * Arabica coffee futures KCc2 settled down 5.45 cents, or 1.4%, at $3.723 per lb,...Reuters
27 minutes ago
Other
Just 38% of Americans support Trump's use of troops to police DC, Reuters/Ipsos poll finds
76% of Republicans support National Guard deployment in Washington, D.C.Trump's approval rating remains low at 40%Democrats criticize deployment as politically motivatedBy Jason Lange WASHINGTON, Aug 26 (Reuters) - Few Americans outside President Donald Trump's Republican Party support hi...Reuters
29 minutes ago
