IRS acting head ousted after US Treasury chief wins power struggle with Musk, NYT reports
WASHINGTON (Reuters) – The acting commissioner of the U.S. Internal Revenue Service is being replaced after Treasury Secretary Scott Bessent…
2025
With inflation progress slow, Fed’s Daly says rate cuts may need to wait
(Reuters) -San Francisco Federal Reserve President Mary Daly said on Friday that while she is still comfortable with a couple…
Volvo to cut up to 800 US jobs as Trump’s tariffs bite
By Chris Prentice NEW YORK (Reuters) – Volvo Group plans to lay off as many as 800 workers at three…
Apple CEO spoke with Lutnick about tariff impact on iPhone prices, Washington Post says
WASHINGTON (Reuters) – Apple CEO Tim Cook spoke with U.S. Commerce Secretary Howard Lutnick last week about the potential impact…
Applied Digital misses quarterly revenue estimates on datacenter hosting slowdown
(Reuters) – Applied Digital reported third-quarter revenue below Wall Street estimates on Monday due to a slowdown in the datacenter…
Google’s journey from dorm to internet dominance
(Reuters) – A U.S. judge has ruled that Google illegally monopolized digital advertising markets, paving the way for a break…
NASA rover finds fresh evidence of the warm and wet past of Mars
By Will Dunham WASHINGTON (Reuters) -A mineral called siderite found abundantly in rock drilled by a NASA rover on the…
Ford Motor may hike prices in May if Trump’s auto tariffs persist, Automotive News reports
(Reuters) – Ford Motor may raise prices of its new vehicles in May if U.S. President Donald Trump’s auto tariffs…
Fed’s Hammack: Time for hold steady while taking in new data
By Michael S. Derby (Reuters) -Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday high uncertainty in the…
Pentagon leak probe expands as two more officials put on leave
By Phil Stewart and Idrees Ali WASHINGTON (Reuters) – A Pentagon investigation into leaks of classified and sensitive information has…