By Ashitha Shivaprasad and Anjana Anil (Reuters) -Gold’s remarkable run higher is reaching new heights, with the market touching $3,500 per ounce as confidence in the U.S.
Month: April 2025
GE Aerospace CEO Culp advocates tariff-free regime for aviation industry
By Rajesh Kumar Singh CHICAGO (Reuters) -GE Aerospace CEO Larry Culp said on Tuesday he advocated re-establishing a tariff-free regime for the aerospace industry under
Citi expects higher effect of tariffs on growth in second half, puts recession odds close to 45%
By Tatiana Bautzer NEW YORK (Reuters) -Citigroup’s Chief Economist Nathan Sheets said on Tuesday the U.S. has a 40% to 45% chance of recession as
Investors pour into European equity funds, flee U.S. on tariff woes
(Reuters) -European equity funds drew massive inflows in the week ended April 16, while U.S. funds faced hefty outflows, as investors continued to shift capital
Trump warns of economic slowdown unless Fed cuts rates, triggering selloff
By Howard Schneider and Ismail Shakil (Reuters) -The U.S. economy could slow unless interest rates are lowered immediately, President Donald Trump said on Monday, repeating
Reddit back up after outage affecting thousands of users worldwide
(Reuters) -Social media platform Reddit was restored after thousands of users worldwide experienced outages on Monday, according to Downdetector.com. On its status page, Reddit said
NY Fed finds Americans trimming back wage expectations for new jobs
By Michael S. Derby NEW YORK (Reuters) -Americans’ view on labor markets soured in March as respondents to a Federal Reserve Bank of New York
Russia and Ukraine accuse each other of breaking one-day Easter ceasefire
By Guy Faulconbridge and Pavel Polityuk MOSCOW/KYIV (Reuters) -Russia and Ukraine blamed each other on Sunday for breaking a one-day Easter ceasefire declared by President
DHL to suspend global shipments of over $800 to US consumers
BEIJING (Reuters) -DHL Express, a division of Germany’s Deutsche Post, said it would suspend global business-to-consumer shipments worth over $800 to individuals in the United
Pope Francis, a Trump critic, meets US VP Vance on Easter morning
By Joshua McElwee VATICAN CITY (Reuters) -Pope Francis held a private meeting at the Vatican on Sunday morning with U.S. Vice President JD Vance, the