By Karen Freifeld (Reuters) -The commerce department has started issuing licenses to Nvidia to export its H20 chips to China,…
Month: August 2025
US imports fall more than expected in June on tariff concerns, trade body data shows
By Juveria Tabassum (Reuters) -Imports into the United States fell more than expected in June as concerns around shifting tariff…
Analysis-Trump tariffs on Russia’s oil buyers bring economic, political risks
By Timothy Gardner, David Lawder and Seher Dareen WASHINGTON/LONDON (Reuters) -From punishing Brazil to trying to curb imports of fentanyl,…
Pinterest profit miss overshadows Gen Z, AI-driven growth
By Jaspreet Singh (Reuters) -Pinterest missed analysts’ estimates for second-quarter profit on Thursday, overshadowing robust revenue and user growth, and…
US households brace for lasting inflation, New York Fed says
These 5 stocks aren’t headline-makers – but their contracts are real. Defense budgets are climbing across the globe. While…
Investors cool towards private credit and passive equities, Goldman Sachs says
By Nell Mackenzie LONDON (Reuters) -Big investors are turning more cautious on areas such as passive equities and private credit…
US households expect higher longer-run inflation, New York Fed says
By Michael S. Derby (Reuters) -Americans’ longer-term inflation outlook deteriorated in July even as households boosted their views on the…
Trump administration plans to build largest US federal migrant detention center on military base
(Reuters) -President Donald Trump’s administration is aiming to construct the largest federal migrant detention facility in the United States on…
Block raises annual profit forecast on resilient consumer spending; shares jump
(Reuters) -Block reported a rise in second-quarter income and raised its expectations for annual gross profit on Thursday, as the…
Citigroup hires JPMorgan’s Baygual as co-head of M&A, memo shows
(Reuters) -Citigroup has appointed JPMorgan Chase’s Guillermo Baygual as co-head of mergers and acquisitions, according to an internal memo seen…