By Suzanne McGee (Reuters) -New U.S. Securities and Exchange Commission guidance on disclosure requirements for exchange-traded products tied to cryptocurrencies…
Tesla short sellers set to pocket about $1.4 billion in profits after stock slump
(Reuters) -Traders are set to make about $1.4 billion in paper profits from their short positions in Tesla shares on…
US to make several trade announcements in next 48 hours, Treasury secretary says
WASHINGTON (Reuters) -The United States will make several trade announcements in the next 48 hours, Treasury Secretary Scott Bessent said…
For retailers, US-Vietnam trade deal leaves questions
By Helen Reid LONDON (Reuters) -A trade deal announced by the U.S. and Vietnam creates new question marks for sportswear…
US Treasury chief sees 100 countries getting 10% reciprocal tariff
WASHINGTON (Reuters) -About 100 countries are likely to see a reciprocal tariff rate of 10%, U.S. Treasury Secretary Scott Bessent…
Nippon Steel to raise $5.6 billion in subordinated loans to fund U.S. Steel deal
By Yuka Obayashi TOKYO (Reuters) -Japan’s Nippon Steel said on Wednesday it would raise 800 billion yen ($5.6 billion) through…
S&P 500, Nasdaq close at records on jobs data; Nvidia market cap nears $4 trillion
(In first paragraph please read “this month” not “next month”) By Sabrina Valle NEW YORK (Reuters) -Wall Street rallied to…
US court says Trump can remove Democrat from labor board, for now
By Daniel Wiessner (Reuters) -A U.S. appeals court on Thursday allowed President Donald Trump to remove a Democratic member from…
J.P.Morgan wary of stablecoin’s trillion-dollar growth bets, cuts them by half
By Rashika Singh (Reuters) -J.P.Morgan on Thursday forecast stablecoin growth will only reach $500 billion by 2028, calling trillion-dollar projections…
US net imports of crude soar last week to highest in a year, EIA says
HOUSTON (Reuters) -U.S. net imports of crude oil rose to 4.6 million barrels per day (bpd), its highest since June…