Treasury’s Yellen says funding bill allows lending of $21 billion to IMF trust
By Andrea Shalal WASHINGTON (Reuters) -A $1.2 trillion government funding bill passed by Congress will allow the U.S. to lend…
Tag: Updated
Investors greenlight Trump’s $5.7 billion social media deal
By Helen Coster, Svea Herbst-Bayliss (Reuters) -Former U.S. President Donald Trump came a step closer on Friday to reaping a…
S&P 500 ends near flat but index posts biggest weekly gain of year
By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 ended little changed on Friday, but the index registered its biggest…
Biden administration urges US Supreme Court to reject Musk appeal in SEC dispute
By John Kruzel WASHINGTON (Reuters) – President Joe Biden’s administration on Friday urged the U.S. Supreme Court to turn away…
Nike, Lululemon sink as annual forecasts disappoint
By Savyata Mishra (Reuters) -Nike shares tumbled 8% on Friday after the Air Jordan maker warned of lower sales in…
Walmart-backed tech firm Ibotta files for US IPO
(Reuters) – Walmart-backed digital marketing company Ibotta has filed to go public in the United States, it said in a…
Nike warns of revenue dip as it cuts back on key products
By Ananya Mariam Rajesh and Katherine Masters (Reuters) -Nike warned on Thursday that its revenue in the first half of…
FedEx tightens 2024 profit forecast on cost cuts, shares jump 13%
By Lisa Baertlein and Aishwarya Jain (Reuters) -FedEx narrowed its fiscal 2024 profit forecast on Thursday, raising the bottom end…
Looming US stock changes could cause headaches for international funds
By Laura Matthews and Sinead Cruise NEW YORK/LONDON (Reuters) – The looming introduction of a shorter settlement cycle for U.S.…
BlackRock urges Texas fund managers to reconsider after $8.5 billion divestment
By Isla Binnie NEW YORK (Reuters) -A senior BlackRock executive said on Thursday the world’s largest asset manager was “dismayed”…