By Allison Lampert, Shivansh Tiwary and David Shepardson (Reuters) -Boeing’s CEO pledged on Wednesday to protect the U.S. planemaker’s recovery…
Trump’s cabinet ready to take back power with Musk stepping back, sources say
By Nandita Bose and Alexandra Alper WASHINGTON (Reuters) -Members of President Donald Trump’s cabinet will likely move to limit the…
Musk’s Neuralink could fetch $8.5 billion valuation, Bloomberg News reports
(Reuters) -Elon Musk’s brain implant company Neuralink is planning to raise about $500 million at a pre-money valuation of $8.5…
Discover Financial profit jumps on lower loss provision and higher interest income
(Reuters) -U.S. credit card issuer Discover Financial reported a 30% rise in first-quarter profit on Wednesday, helped by a drop…
Taiwan cabinet to ask parliament to unfreeze $4 billion amid budget standoff
TAIPEI (Reuters) -Taiwan’s cabinet said on Tuesday it will ask the opposition controlled legislature to release more than $4 billion…
Emerging economies face test from tighter funding as growth slows, says IMF
By Karin Strohecker and Rodrigo Campos WASHINGTON (Reuters) -The International Monetary Fund on Tuesday cut its 2025 growth outlook for…
How Trump moved swiftly to punish perceived foes in his first 100 days
By Joseph Ax (Reuters) -Hours after swearing an oath to defend the U.S. Constitution on January 20, President Donald Trump…
Hedge funds’ 2025 selling focuses on discretionary stocks, Goldman data shows
By Nell Mackenzie LONDON (Reuters) -Hedge funds are fleeing the stocks of companies that provide discretionary items and services consumers…
PulteGroup beats quarterly results estimates as incentives lift housing demand
(Reuters) -PulteGroup’s first-quarter profit and revenue beat Wall Street estimates on Tuesday, as the company’s incentives helped improve housing demand.…
AI economic gains likely to outweigh emissions cost, says IMF
(Reuters) -Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing…