Trump grapples with political setback after Democrats ride voter fury over prices

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Trump grapples with political setback after Democrats ride voter fury over prices

WASHINGTON (Reuters) -It’s been a year since Donald Trump’s decisive win in the 2024 presidential election, and the White House had planned an anniversary rollout on Wednesday highlighting the promises kept by the Republican leader since he returned to office.Instead, the president and his Republican allies w …

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Charles Schwab close to $600 million deal to buy Forge Global, FT reports

Schwab is expected to pay $45 per share for Forge Global, the report added, which would represent a 75% premium to Forge’s closing price as of Wednesday. Shares of Forge Global were trading at $38 in after-hours trading.The deal could be announced as soon as this week, however, there is no assurance on it goi …

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Featured Article

US economic resilience lifts spirits

ORLANDO, Florida (Reuters) -U.S. stocks and bond yields rose on Wednesday on surprisingly strong job growth and service sector data, which suggests the economy is in decent shape and calls into question how much lower the Federal Reserve needs to cut interest rates. I didn’t write a column today, but don’t w …

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Bloomberg indicates that AI represents a $50 trillion transformation. [sponsor]
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Other Headlines

Qualcomm forecasts solid quarter but smaller Samsung business hits shares

SAN FRANCISCO (Reuters) -Chip designer Qualcomm on Wednesday forecast quarterly sales and profit above market expectations as premium smartphone sales rebounded, but a possible loss of business next year from Samsung, a key customer, sent its shares down after hours.Qualcomm is among the world’s biggest suppl …

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