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…
Wall Street watchdog staff shrinks 16% in last year, includes key units, sources say
By Douglas Gillison and Chris Prentice WASHINGTON/NEW YORK (Reuters) -The U.S. Securities and Exchange Commission has lost 16% of its…
Exclusive-Trump expected to sign order pushing training for skilled trades
By Trevor Hunnicutt and Timothy Aeppel WASHINGTON (Reuters) -President Donald Trump could sign as soon as Wednesday an order to…
Dollar allocations moving from overweight to more natural weighting, ECB’s Lane says
WASHINGTON (Reuters) -The recent shifts in asset portfolio allocations away from the dollar may represent a move from overweighting dollar…
Chipotle tempers annual sales forecast as spending weakens
(Reuters) – Chipotle Mexican Grill on Wednesday tempered its annual comparable sales growth forecast as sticky inflation and economic uncertainty…
IBM forecasts second-quarter revenue above estimates, soothing tariff worries
By Arsheeya Bajwa (Reuters) -IBM said on Wednesday it expects second-quarter revenue above Wall Street estimates, betting on resilient demand…
JP Morgan see gold prices crossing $4,000/oz by Q2 2026
(Reuters) – JP Morgan sees gold prices crossing the $4,000 per ounce milestone next year, following increased recession probabilities amid…
Elliott wants BP to boost free cash flow to $20 billion by 2027, source says
By Shadia Nasralla (Reuters) -Activist investor Elliott Management has urged BP to boost its free cash flow to $20 billion…
Sam Altman stepping down as Oklo chairman, CNBC reports
(Reuters) -OpenAI CEO Sam Altman is stepping down as the chairman of nuclear startup Oklo, CNBC reported on Tuesday, sending…