Exclusive-Trump prepares to change US CHIPS Act conditions, sources say
By Mike Stone, Fanny Potkin and Wen-Yee Lee WASHINGTON/SINGAPORE/TAIPEI (Reuters) -The White House is seeking to renegotiate U.S. CHIPS and…
Author: Trading Reports Daily
Trump says TikTok deadline could be extended
By Andrea Shalal WASHINGTON (Reuters) -U.S. President Donald Trump said on Thursday that his 75-day delay in enforcing a ban…
Judge pauses Trump plan to put USAID workers on leave for another week
By Blake Brittain WASHINGTON (Reuters) -A federal judge on Thursday extended a pause on the Trump administration’s plan to put…
Miner Vale to announce $12 billion investment to expand Carajas site, Brazil government says
SAO PAULO (Reuters) – Brazilian miner Vale will announce on Friday a 70 billion real ($12.2 billion) investment to expand…
Musk’s DOGE cuts based more on political ideology than real cost savings so far
By Tim Reid, Helen Coster and James Oliphant WASHINGTON (Reuters) – The first phase of the rapid-fire effort by Tesla…
JPMorgan Chase begins planned layoffs for 2025, source says
By Niket Nishant and Manya Saini (Reuters) -JPMorgan Chase started informing some employees of job cuts last week, a source…
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…
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…