S&P 500 Q1 earnings estimated growth improves; stocks up for week
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. first-quarter estimated earnings growth is looking stronger at nearly the halfway mark of the reporting period, with
How Trump could influence the makeup of the Fed
(Reuters) – Donald Trump’s allies are reported to be drafting proposals to erode the Federal Reserve’s independence if the presumptive Republican presidential nominee regains the
China passes tariff law amid tensions with trading partners
BEIJING (Reuters) -China passed a law on Friday strengthening its trade defence capabilities as the United States and the European Union take aim at Beijing
Chipmaker Intel falls as AI competition hurts forecast
(Reuters) -Intel shares slumped more than 12% on Friday after a downbeat forecast signaled that the boom in AI was diverting enterprise spending away from
Google parent Alphabet reclaims spot in $2 trillion valuation club
(Reuters) – Alphabet breached the $2 trillion market value mark for the first time since November 2021 on Friday, as investors cheered the Google parent
TSMC says ‘A16’ chipmaking tech to arrive in 2026, setting up showdown with Intel
By Stephen Nellis SANTA CLARA, California (Reuters) -Taiwan Semiconductor Manufacturing Co said on Wednesday that a new chip manufacturing technology called “A16” will enter production
Cisco says hackers subverted its security devices to spy on governments
By Raphael Satter WASHINGTON (Reuters) – Technology firm Cisco Systems said that hackers have subverted some of its digital security devices to break in to
Whirlpool to cut 1,000 jobs globally
(Reuters) -Whirlpool Corp will lay off about 1,000 salaried employees globally, the home appliances maker said on Wednesday. The company said it first cut jobs
FDIC is approaching potential buyers of Republic First, Bloomberg News reports
(Reuters) -The Federal Deposit Insurance Corp (FDIC) is in talks with potential buyers for Republic First Bancorp, Bloomberg News reported on Wednesday, citing people with
US new home sales rebound to six-month high; rising mortgage rates a concern
By Lucia Mutikani WASHINGTON (Reuters) – Sales of new U.S. single-family homes rebounded in March from February’s downwardly revised level, drawing support from a persistent