WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday said a potential deal to spin off the U.S. assets of TikTok is still “on the table” days after it was put on hold. “We have a deal with some very good people, some very rich companies that would do a great job with it, but…
By Nathan Layne (Reuters) – The U.S. Social Security Administration abandoned plans to end phone services for retirees that would have started on Monday, following a growing outcry from advocates who warned that the changes could cause chaos and further strain the agency. The agency, which pays out $1.4 trillion in benefits to 73 million…
By Lananh Nguyen and Sinead Cruise NEW YORK/LONDON (Reuters) – Wall Street bosses are girding for Europe to sideline American investment banks in response to the tariff war unleashed by U.S. President Donald Trump, fearing client boycotts and in a worst-case scenario, even formal restrictions. More than half a dozen senior bankers and advisers told…
By Aditya Soni (Reuters) -The “Magnificent Seven” stocks were poised to gain more than $1 trillion in market value on Wednesday after U.S. President Donald Trump approved a 90-day tariff pause, easing pressure on tech giants that had tumbled in recent sessions. Shares of the companies, which include AI chip giant Nvidia, Apple, Tesla and…
