Fed’s Powell sees a ways to go on shrinking Fed holdings
By Michael S. Derby NEW YORK (Reuters) – Over two days of testimony this week before Congress, Federal Reserve Chairman…
Month: February 2025
AI chip startup Positron raises $23.5 million seed round to take on Nvidia
By Anna Tong Positron, a startup chip maker that aims to compete with Nvidia, said Tuesday it raised $23.5 million…
Bill to curb US investment in China to be reintroduced, US lawmaker says
By Michael Martina and Alexandra Alper WASHINGTON (Reuters) – Legislation to curb U.S. investment in China will be reintroduced in…
Order blocking Musk’s DOGE from Treasury systems doesn’t apply to Bessent, judge says
By Luc Cohen NEW YORK (Reuters) – A U.S. judge clarified on Tuesday that an order restricting billionaire Elon Musk’s…
Bank of America expects record net interest income in 2025
NEW YORK (Reuters) – Bank of America expects record net interest income in 2025, the head of its retail banking…
Microsoft to adjust Office-Teams pricing in bid to avoid EU antitrust fine, sources say
By Foo Yun Chee BRUSSELS (Reuters) – Microsoft has offered to widen the price differential between its Office product sold…
Poland’s Tusk expects $160 billion of investment in 2025 to spur growth
By Barbara Erling and Marek Strzelecki WARSAW (Reuters) – Poland is likely to see total investment of more than 650…
Trump aides to visit Ukraine for first time this week, Zelenskiy says
By Yuliia Dysa and Tom Balmforth KYIV (Reuters) – President Volodymyr Zelenskiy said on Monday that “serious” members of U.S.…
Gold bulls lock in on glittering milestone; $3,000/oz in sight
By Ashitha Shivaprasad and Daksh Grover (Reuters) – U.S. President Donald Trump’s latest tariff threats have ignited another gold rush,…
US judge to weigh blocking Trump from dismantling USAID
By Nate Raymond (Reuters) – A U.S. judge will consider on Friday whether to temporarily block the Trump administration from…