News

Can Trump Help Meta Avoid a Breakup? FTC Antitrust Trial Begins Soon
Meta is set to engage in an antitrust trial with the Federal Trade Commission (FTC) on Apr. 14. The stakes for the company couldn’t be higher. The trial could result in a significant breakup of the ...
OpenAI rolls out improved memory feature in ChatGPT for Plus and Pro users
OpenAI has emphasized user control over ChatGPT’s memory. Users have the option to opt out of referencing past chats or memory altogether at any time in the settings. Those who had previously opted ...
Polestar warns of tariff impact after discounts boost quarterly sales
Polestar’s first-quarter sales surge was partly helped by offers that targeted disgruntled Tesla (NASDAQ: TSLA) owners in the ...
US targets Iran ’shadow fleet’ operations with more sanctions
WASHINGTON (Reuters) - The United States issued new sanctions targeting Iran’s "shadow fleet" on Thursday, citing one individual and India- and United Arab Emirates-based groups whose vessels have ...
Republican budget plan passes but hurdles ahead to extend Trump tax cuts
WASHINGTON (Reuters) -The U.S. House of Representatives on Thursday passed a budget plan that lays the groundwork for extending President Donald Trump’s 2017 tax cuts, overcoming opposition from ...
EU, China will look into setting minimum prices on electric vehicles, EU says
BERLIN (Reuters) - The European Union and China have agreed to look into setting minimum prices of Chinese-made electric vehicles instead of tariffs imposed by the EU last year, a European Commission ...
Canadian exporters inquire on trade insurance as Trump’s tariffs heighten risk
Trade credit insurance for insolvencies of foreign customers covers 90% of all lost payments and is widely used in Europe.
US Senate confirms Trump’s FTC commissioner pick
(Reuters) -The U.S. Senate confirmed President Donald Trump’s pick for the third Republican commissioner on the U.S. Federal ...
Mark Meador confirmed as third Republican FTC commissioner
Investing.com -- The U.S. Senate has confirmed Mark Meador, President Donald Trump’s choice, as the third Republican commissioner on the U.S. Federal Trade Commission (FTC). This confirmation comes ...
Four Republican US senators back Biden-era energy tax credits
(Reuters) -Four Republican senators are asking Congressional leadership to preserve energy tax credits included in the ...
Explainer-What just happened in the U.S. Treasury market?
In short, the U.S. Treasury market -- a central pillar of the global financial system -- came under heavy selling pressure, sending 10-year borrowing costs surging.
Janus Henderson advises investors to reduce stock, increase bond holdings
Janus Henderson, an asset management firm overseeing $379 billion, is suggesting investors reduce their equity holdings and increase their purchases of investment-grade sovereign bonds. This advice ...