(Reuters) – Russia’s economy ministry improved its expectations for 2024 gross domestic product (GDP) growth to 2.8% from 2.3% in new forecasts published on Tuesday, while envisaging a weaker rouble and shrinking current account surplus in the years to come. Russia’s economic rebound from a…
Starbucks and the National Labor Relations Board, the federal agency charged with protecting workers’ rights, will battle each other before the Supreme Court Tuesday, in one of numerous cases now pending in which major employers are questioning the NLRB’s powers and even its right to exist. The NLRB under the…
NZD/USD falls to 0.5900 even though the US Dollar remains sideways. Investors await the US core PCE Price Index that will influence speculation for Fed rate cuts. NZD/USD consolidates in a 0.5850-0.5933 range for almost a week. The NZD/USD pair drops to near the crucial support of 0.5900 in Tuesday’s…
Riot’s shares surged by more than 20% fueled by optimistic evaluations from analysts who foresee substantial growth in the company’s financial performance. Anticipation surrounding Riot‘s financial performance, particularly in the wake of recent analyst predictions, has fueled significant investor interest. The bullish sentiment was evident as Riot Platform’s stock (RIOT)…
Walmart’s majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the retailer’s more than 4,600 U.S. stores, CNBC has learned.The move puts One in direct competition with Affirm, the BNPL leader and exclusive provider of installment loans for Walmart customers since 2019.…
Check out the companies making the biggest moves in premarket trading: General Motors — The automaker saw its stock rise 4% after it posted $2.62 per share on revenues of $43.01 billion for the first quarter. Analysts expected $2.15 per share on revenues of $41.92 billion, per LSEG. GM also…
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By Marc JonesLONDON (Reuters) – Ecuador is scoping out new debt-for-nature swaps,…
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View MoreThe Senate will take up the House-passed $95 billion foreign aid package this week, as the legislation nears its final congressional action after both sides of Capitol Hill have struggled for months to send aid to Ukraine, Israel and Taiwan. The Senate begins with two procedural votes on Tuesday afternoon, interrupting a previously scheduled recess. While the chamber is expected to have enough support from both parties to pass the legislation, the exact timing for a final vote remains a question as any one senator can slow the process before sending the package to President Joe Biden for his signature, though…
The first criminal trial of Donald Trump is officially underway. Prosecutors and Trump’s attorneys delivered opening statements and the first witness – a former National Enquirer publisher – was called…
Joe Biden holds a big edge on the airwaves over Donald Trump in the opening weeks of their general election matchup. The president and his allies nearly tripled his rival’s…
Ex-Trump aide on how Melania could react to the hush money trial Stephanie Grisham, former Trump White House Press Secretary and former chief of staff to Melania Trump, joins CNN’s…
Markets
View MoreA look at the day ahead in U.S. and global markets from Mike DolanWorld markets have cheered up a bit…
Finance
View MoreMargarita Simonyan, RT’s editor-in-chief, called MTG a blond, fur-wearing “beauty.””She is demonstratively heterosexual,” Simonyan said of Greene on Sunday.The Georgia Republican has been a vocal critic of…
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“Adjust down” does not mean a selloff. It is simply basic investment math applied to Trump Media’s “earnout” bonus of new shares. This adjustment is comparable to what happens when a company “pays” a stock dividend (in shares only). Because there is no added value to the company, the market…
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FRANKFURT (Reuters) – The European Central Bank will cut interest rates in…
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