By Makini Brice WASHINGTON (Reuters) -The looming U.S. government shutdown that some hardline Republicans, including Donald Trump, are cheering for…
Author: Active Trader Daily
Michael Bloomberg outlines succession plan for media empire – NYT
(Reuters) – Michael Bloomberg, co-founder of Bloomberg LP, outlined a succession plan for the financial information and news company, saying…
Fed is cutting staff after more than a decade of payroll growth
By Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve system is cutting about 300 people from its payroll this…
Toyota to speed up EV production, aims for over 600,000 vehicles in 2025 – Nikkei
TOKYO (Reuters) -Toyota Motor will speed up production of electric vehicles of its Toyota and luxury Lexus brands, the Nikkei…
US stocks close at lowest since June, Treasury yields spike on hawkish Fed
By Stephen Culp NEW YORK (Reuters) – Wall Street tanked in a broad sell-off on Thursday, as investor risk appetite…
Arm dips below IPO price as short sellers circle
By Noel Randewich and Lewis Krauskopf (Reuters) – Arm Holdings’ stock on Thursday dipped for the first time below its…
Cisco taps new M&A firm Tidal for $28 billion Splunk deal
By Milana Vinn and Anirban Sen NEW YORK (Reuters) -A new mergers and acquisitions advisory firm launched last year by…
Investors head to short-term Treasury ETFs amid Fed-fueled selloff
By Suzanne McGee and Bansari Mayur Kamdar (Reuters) – Investors in exchange-traded funds (ETFs) flocked to the very short end…
FedEx shares pop on hefty profit beat, UPS customer wins
By Lisa Baertlein and Priyamvada C (Reuters) -FedEx surprised investors with a big quarterly profit beat on Wednesday after it…
Amazon drops planned merchant fee as FTC lawsuit looms
(Reuters) -Amazon.com is scrapping a plan to charge merchants who do not use its shipping services an additional fee, a…