(Reuters) -There is a much higher risk of stagflation than recession in the U.S. economy over the next year, while…
Year: 2025
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…
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…
Trump’s 2026 budget proposal plans billions in cuts, New York Times reports
(Reuters) -President Donald Trump’s administration aims to cut billions of dollars from programs that support child care, health research, education…
Exclusive-Barrick Gold contractors in Mali lay off staff amid government dispute -documents, sources
By Portia Crowe and Divya Rajagopal DAKAR (Reuters) -At least four subcontractors employing several hundred people at Barrick Gold’s complex…
US judge blocks Trump from ending union bargaining for many federal workers
By Daniel Wiessner (Reuters) -A federal judge on Friday temporarily blocked the administration of President Donald Trump from stripping hundreds…
Fed survey finds global trade fight, policy uncertainty top financial stability risks
By Pete Schroeder and Michael S. Derby WASHINGTON (Reuters) -Rising risks around global trade, general policy uncertainty, and the sustainability…
P&G leans on $380 electric toothbrushes, upgraded razors to offset tariffs
By Jessica DiNapoli, Juveria Tabassum NEW YORK (Reuters) -Procter & Gamble is betting consumers will shell out for $380 electric…
Trump trade war spreads more gloom across businesses across the world
By Richa Naidu, Hyunjoo Jin and Jessica DiNapoli LONDON/SEOUL/NEW YORK (Reuters) -Businesses across multiple industries are hiking prices, backing away…
JPMorgan promotes 227 employees to MD level in key banking division
(Reuters) – JPMorgan Chase has promoted 227 employees in its commercial and investment bank (CIB) division to the coveted role…