(Reuters) -Tesla is the worst-performing large-cap stock this year, thanks to declining electric vehicle demand, Chief Executive Elon Musk’s political…
Morning Bid: Trump-Musk bust-up smolders
By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today Donald Trump’s hotly anticipated meetings with…
Musk’s xAI expects annual earnings over $13 billion by 2029, Bloomberg reports
(Reuters) -Billionaire Elon Musk’s xAI expects to generate more than $13 billion in annual earnings by 2029, according to numbers…
Fed should cut interest rate by a full point, Trump says
(Reuters) -The U.S. Federal Reserve should cut interest rates by a full percentage point, President Donald Trump said on Friday…
Private Equity eyes European Defense
Unsubscribe In Today’s News Trading Cheat Sheet State Department shifts $250M to fund deportations The U.S. State Department has reallocated…
Bernie Madoff customers to recoup $498 million, payout tops $15 billion
By Jonathan Stempel NEW YORK (Reuters) -Former customers of the late Ponzi schemer Bernard Madoff will recoup $498.3 million under…
US Congress budget office sees economic output falling from Trump tariffs
WASHINGTON (Reuters) -U.S. economic output will fall as a result of President Donald Trump’s new tariffs on foreign goods that…
Deal-hungry equity investors eye Europe’s potential defence industry boom
By Emma-Victoria Farr and Andres Gonzalez BERLIN (Reuters) -Global investors and advisers gathered at their annual conference in Berlin are…
State Department shifts $250 million from refugee aid to ‘self-deportations’
By Jonathan Landay WASHINGTON (Reuters) -The U.S. State Department has moved $250 million to the Department of Homeland Security for…
US Supreme Court lets Trump revoke ‘parole’ status for migrants
By Andrew Chung (Reuters) -The U.S. Supreme Court on Friday let President Donald Trump’s administration revoke the temporary legal status…