By Niket Nishant (Reuters) -Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding regulatory…
Category: Uncategorized
Sabre to cut debt with $1.1 billion sale of hospitality software to TPG, shares jump
By Aatreyee Dasgupta (Reuters) -Sabre Corp said on Monday it will sell its hospitality software platform to asset manager TPG…
Biggest risk to markets is a fragmented world, says Norway wealth fund CEO
By Gwladys Fouche OSLO (Reuters) -The world economy appears to be fragmenting, posing the biggest risk to markets currently as…
Barclays cuts 2025 Brent crude forecast on trade tensions, OPEC+ shifts
(Reuters) – Barclays lowered its Brent crude forecast on Monday by $4 to $70 a barrel for 2025 and set…
JPMorgan survey shows consensus over weak dollar, US stagflation
(Reuters) -There is a much higher risk of stagflation than recession in the U.S. economy over the next year, while…
DOGE orders AmeriCorps to cancel $400 million in grants, Washington Post reports
(Reuters) -Elon Musk’s Department of Government Efficiency has ordered the cancellation of around $400 million in grants doled out by…
China foreign minister says US tariffs show “extreme egoism”
HONG KONG (Reuters) – China’s Foreign Minister Wang Yi said Beijing stands on the side of international rules on U.S.-imposed…
Elon Musk’s xAI Holdings in talks to raise $20 billion from investors, Bloomberg News reports
(Reuters) -Elon Musk’s xAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly…
Exclusive-White House wants to defund independent Social Security board, sources say
By Nathan Layne (Reuters) -The White House wants to defund a bipartisan board that advises the president and Congress on…
Big tech earnings, US jobs data highlight busy week for markets
By Lewis Krauskopf NEW YORK (Reuters) -A packed upcoming week for markets will test a U.S. stocks rebound, with investors…