Block’s shares tumble after 2025 profit forecast cut defies sector trends
By Niket Nishant (Reuters) -Block’s shares fell 22% on Friday and were on track for the biggest intraday decline in five years after a 2025
US equity funds see outflows for third straight week
(Reuters) -U.S. equity funds witnessed outflows for a third straight week through April 30, driven by worries over the impact of U.S. trade policies on
Trump budget proposes drastic cuts for US scientific research
By Ahmed Aboulenein WASHINGTON (Reuters) -The White House wants to reduce U.S. health spending by more than a quarter next year, with the National Institutes
Apple partnering with startup Anthropic on AI-powered coding platform, Bloomberg News reports
(Reuters) -Apple is partnering with Amazon-backed startup Anthropic on a new “vibe-coding” software platform that will use artificial intelligence to write, edit, and test code
White House national security adviser Waltz being forced out, sources say
By Steve Holland, Erin Banco and Gram Slattery WASHINGTON (Reuters) -U.S. President Donald Trump’s national security adviser Mike Waltz is being forced out of his
US says minerals deal will strengthen Trump in talks with Russia
KYIV/WASHINGTON (Reuters) – Kyiv and Washington on Thursday hailed a deal giving the United States preferential access to new Ukrainian minerals as a milestone which
Estimated S&P 500 Q1 profit growth jumps vs a wk ago; Q2 forecast falls further
NEW YORK (Reuters) -Estimated earnings growth for S&P 500 companies for the first quarter of the year has jumped in the latest week, while the
Gloomy retail earnings show consumers are feeling the pinch of US tariffs
By Sruthi Shankar (Reuters) -Lackluster quarterly results from consumer-facing companies including McDonald’s and Harley-Davidson are the latest sign that American shoppers are curbing spending amid
Annual gold price forecast tops $3,000 for first time – Reuters poll
By Anmol Choubey (Reuters) – Analysts in a quarterly Reuters poll have forecast an average annual gold price above $3,000 for the first time, with
US Senate to vote on bill to rein in Trump tariffs as economy contracts
By David Morgan WASHINGTON (Reuters) – The U.S. Senate was scheduled to vote later on Wednesday on a resolution to block a host of President Donald