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Month: May 2025

Higher OPEC+ output, tariff uncertainty raising oil price volatility, EIA says
Business

Higher OPEC+ output, tariff uncertainty raising oil price volatility, EIA says

NEW YORK (Reuters) – Perceptions of oversupply among oil market participants from increasing OPEC+ output and uncertainty about the economic…

May 6, 2025
Rivian slashes annual deliveries forecast as US tariffs seen hitting demand
Business

Rivian slashes annual deliveries forecast as US tariffs seen hitting demand

(Reuters) -Rivian lowered its deliveries forecast for 2025 on Tuesday as U.S. tariffs on imported vehicles and auto parts threaten…

May 6, 2025
Super Micro cuts annual revenue forecast; shares fall
Business

Super Micro cuts annual revenue forecast; shares fall

(Reuters) -Super Micro Computer trimmed its fiscal 2025 revenue expectation on Tuesday, adding to concerns around the server maker’s position…

May 6, 2025
Lucid sticks to annual production forecast even as tariff woes hit automakers
Business

Lucid sticks to annual production forecast even as tariff woes hit automakers

(Reuters) -Lucid stuck to its 2025 production forecast on Tuesday despite the threat of tariffs forcing many automakers to pull…

May 6, 2025
Newsletters

💵 US Unveils $1,000 Incentive for Voluntary Migrant Departures

FREE Copy of “2025 Gold Forecast: A Perfect Storm for Demand” Uber disrupted taxis, Airbnb hotels… Now this company targets…

May 5, 2025
Rivian to build $120 million Illinois supplier park to lower tariff-related costs
Business

Rivian to build $120 million Illinois supplier park to lower tariff-related costs

(Reuters) -Rivian said on Monday that it will invest $120 million to bring its key parts suppliers near its plant…

May 5, 2025
Watchdogs reviewing DOGE actions at CFPB, Democratic lawmaker says

Watchdogs reviewing DOGE actions at CFPB, Democratic lawmaker says

(Reuters) – Two watchdog agencies have agreed to review efforts by Elon Musk’s Department of Government Efficiency to dismantle the…

May 5, 2025
Apple will appeal contempt ruling in Epic Games case over App Store

Apple will appeal contempt ruling in Epic Games case over App Store

By Mike Scarcella (Reuters) – Apple on Monday lodged an appeal to challenge a U.S. judge’s ruling that ordered the…

May 5, 2025
US offers $1,000 stipend to encourage migrants to self-deport

US offers $1,000 stipend to encourage migrants to self-deport

By Ted Hesson WASHINGTON (Reuters) -The Trump administration will offer a $1,000 stipend and travel assistance to migrants who elect…

May 5, 2025
Newsletters

📈 OPEC Supply Set to Climb as Goldman Projects Major Hike

Get Louis Navellier’s “Post-Tariff Recovery Stocks” Report (FREE) Uber disrupted taxis, Airbnb hotels… Now this company targets the $500B smartphone…

May 2, 2025

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