Tesla short sellers set to pocket about $1.4 billion in profits after stock slump
(Reuters) -Traders are set to make about $1.4 billion in paper profits from their short positions in Tesla shares on Monday after CEO Elon Musk’s
Trump Media launches TV streaming platform with Newsmax channel globally
(Reuters) -Trump Media & Technology Group launched its TV streaming platform, Truth+, globally on Monday, featuring the cable channel Newsmax to support the company’s expansion.
BRICS nations resist ‘anti-American’ label after Trump tariff threat
By Manuela Andreoni and Lisandra Paraguassu RIO DE JANEIRO (Reuters) -Developing nations participating in the BRICS summit on Monday brushed away an accusation from U.S.
US measles cases hit 6-year high at 1277 cases, John Hopkins data shows
(Reuters) -Measles cases in the United States have already reached a six-year high this year, data from Johns Hopkins University’s outbreak response center showed, as
Nvidia briefly on track to become world’s most valuable company ever
By Noel Randewich and Shashwat Chauhan (Reuters) -Nvidia hit a market value of $3.92 trillion on Thursday, briefly putting it on track to become the
US imposes fresh sanctions targeting Iran oil trade, Hezbollah
By Timothy Gardner and Brendan O’Brien WASHINGTON (Reuters) -The U.S. imposed sanctions on Thursday against a network that smuggles Iranian oil disguised as Iraqi oil,
Trump administration will focus on Fed chair replacement in fall, Bessent says
WASHINGTON (Reuters) -The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall, U.S. Treasury Secretary Scott Bessent told
Exclusive-BRICS to launch guarantee fund to boost investment in member nations, sources say
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) -The BRICS group of developing nations is set to announce a new guarantee fund backed by the
US net imports of crude soar last week to highest in a year, EIA says
HOUSTON (Reuters) -U.S. net imports of crude oil rose to 4.6 million barrels per day (bpd), its highest since June 2024, data from the Energy
US judge blocks Trump asylum ban at US-Mexico border, says he exceeded authority
By Ted Hesson WASHINGTON (Reuters) -A federal judge on Wednesday blocked President Donald Trump’s asylum ban at the U.S.-Mexico border, saying Trump exceeded his authority