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July 9, 2025
  • How Trump’s tax cuts affect federal student aid
  • Meta takes around 3% stake in Ray-Ban-parent EssilorLuxottica, source says
  • US FTC demands better policing of ‘Made in USA’ online sales claims
  • Factbox-How Trump’s tax cuts affect federal student aid
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  • How Trump’s tax cuts affect federal student aid

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  • Meta takes around 3% stake in Ray-Ban-parent EssilorLuxottica, source says

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  • Factbox-How Trump’s tax cuts affect federal student aid

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  • US Treasury’s Bessent to skip South Africa G20 finance meeting next week, sources say

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April 1, 2025

    Tariff woes depress US manufacturing, erode labor demand

    Financial Wealth Daily3 months ago010 mins

    By Lucia Mutikani WASHINGTON (Reuters) -U.S. manufacturing contracted in March after growing for two straight months, while a measure of inflation at the factory gate jumped to the highest level in nearly three years amid rising anxiety over tariffs on imported goods. Anecdotes from the Institute for Supply Management survey on Tuesday offered a gloomy…

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    • Business

    Tesla’s new car sales in Italy down 7% in first quarter despite 51% jump in March

    Financial Wealth Daily3 months ago01 mins

    MILAN (Reuters) – Tesla’s new car registrations in Italy rebounded sharply in March after a plunge the previous month to stand down 7% year-on-year in the quarter as a whole, data from the Transport Ministry showed on Tuesday. The quarterly number adds to signs that drivers are shunning Elon Musk’s electric vehicle brand as competition…

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    • Business

    Meta’s head of AI research to depart in May

    Financial Wealth Daily3 months ago02 mins

    (Reuters) – Meta Platforms’ head of artificial intelligence research, Joelle Pineau, plans to leave the company, at a time when the tech giant is aggressively investing and competing in the AI space. Pineau, who has been with the company for eight years and has led Meta’s Fundamental AI Research group (FAIR) since 2023, will depart…

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    • Business

    Alibaba prepares for flagship AI model release as soon as April, Bloomberg News reports

    Financial Wealth Daily3 months ago02 mins

    (Reuters) -China’s tech and e-commerce giant Alibaba Group is planning to release Qwen 3, an upgraded version of its flagship AI model, as soon as this month, Bloomberg News reported on Tuesday, citing a person familiar with the matter. The new release may arrive later in April, although the exact timing could still change, the…

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    • How Trump’s tax cuts affect federal student aid
    • Meta takes around 3% stake in Ray-Ban-parent EssilorLuxottica, source says
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    • US Treasury’s Bessent to skip South Africa G20 finance meeting next week, sources say

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