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April 2025

    Feds apologize for accidental filing casting doubt on NYC congestion pricing challenge

    Financial Wealth DailyApril 24, 20250

    By David Shepardson WASHINGTON (Reuters) – The U.S. Attorney’s Office in Manhattan apologized on Thursday for accidentally filing an internal…

      Exclusive-US Justice Dept grant cuts valued at $811 million, people familiar say

      Financial Wealth DailyApril 24, 20250

      By Sarah N. Lynch and Peter Eisler WASHINGTON (Reuters) -The U.S. Justice Department is terminating grants totaling $811 million for…

      • Business

      Adidas posts forecast-beating quarterly profit on strong sneaker demand

      Financial Wealth DailyApril 23, 20250

      (Reuters) -German sportswear and apparel maker Adidas on Wednesday reported first-quarter sales and profit above expectations, citing growth across all…

      • Business

      TSMC shows off new tech for stitching together bigger, faster chips

      Financial Wealth DailyApril 23, 20250

      By Stephen Nellis and Max A. Cherney SANT CLARA, California (Reuters) -Taiwan Semiconductor Manufacturing Co on Wednesday unveiled technology for…

      • Business

      Musk’s Neuralink could fetch $8.5 billion valuation, Bloomberg News reports

      Financial Wealth DailyApril 23, 20250

      (Reuters) -Elon Musk’s brain implant company Neuralink is planning to raise about $500 million at a pre-money valuation of $8.5…

        Price hikes, a rush to buy autos, and uncertainty in wake of Trump tariffs — Fed report

        Financial Wealth DailyApril 23, 20250

        (Reuters) -Prices are rising and economic activity has begun to slow across parts of the nation as businesses and households…

        • Business

        Barrick Gold said to seek buyers for its last mine in Canada, Bloomberg News reports

        Financial Wealth DailyApril 22, 20250

        (Reuters) -Canada’s Barrick Gold is looking to sell its last mine in the country in a push to capitalize on…

        • Business

        Tesla shorts up $11.5 billion for the year with positioning bearish

        Financial Wealth DailyApril 22, 20250

        (Reuters) -Tesla short sellers are up an estimated $11.5 billion for the year-to-date and positioning is bearish going into the…

        • Business

        JP Morgan see gold prices crossing $4,000/oz by Q2 2026

        Financial Wealth DailyApril 22, 20250

        (Reuters) – JP Morgan sees gold prices crossing the $4,000 per ounce milestone next year, following increased recession probabilities amid…

        • Business

        Elliott wants BP to boost free cash flow to $20 billion by 2027, source says

        Financial Wealth DailyApril 22, 20250

        By Shadia Nasralla (Reuters) -Activist investor Elliott Management has urged BP to boost its free cash flow to $20 billion…

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