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06.03 / 14:35

markets Reuters President Doge show reports Department US weekly jobless claims fall more than expected

unemployment benefits fell more than expected last week, suggesting that the labor market remained stable in February, though turbulence lies ahead from tariffs on imports and deep government spending cuts. Initial claims for state unemployment benefits dropped 21,000 to a seasonally adjusted 221,000 for the week ended March 1, the Labor Department said on Thursday. Economists polled by Reuters had forecast 235,000 claims for the latest week. Applications surged in the prior week amid snowstorms in many parts of the country and difficulties adjusting the data for seasonal fluctuations around the Presidents Day holiday.

05.03 / 15:31

markets Reuters economy Trade President War reports US service sector expands in February; price growth accelerates

Rising price pressures could be worsened by a trade war, triggered by President Donald Trump's new 25% tariffs on imports from Mexico and Canada, which took effect on Tuesday, along with a doubling of duties on Chinese goods to 20%. The Institute for Supply Management (ISM) said on Wednesday its nonmanufacturing purchasing managers index (PMI) climbed to 53.5 last month from 52.8 in January. Economists polled by Reuters had forecast the services PMI dipping to 52.6.

05.03 / 15:27

markets Reuters Apple RAI reports Features Apple MacBook Air M4 launched. Price, features, key specifications are here

The base model of the new laptops will be priced at $999, which is $100 cheaper than the outgoing generation of the devices. Pre-orders will begin on Wednesday and the devices would be available in-store from March 12, Reuters reported.

05.03 / 08:39

markets IPO Reuters Platform RAI information reports Nvidia-backed cloud firm CoreWeave to acquire AI developer platform Weights & Biases

CoreWeave said on Tuesday that it is acquiring AI developer platform Weights & Biases as the company seeks to extend its cloud platform ahead of its IPO. The deal will combine CoreWeave's infrastructure and managed cloud services with Weights & Biases' platform, which is used for AI model training, evaluation, and monitoring, the company said. Weights & Biases's product is used by technology companies including OpenAI and Meta to build and train AI models and develop and deploy AI applications.

05.03 / 04:43

markets Reuters Digital Remark RAI country Trump says Japan and South Korea want to partner with the US in Alaska pipeline

Trump said in an address to the U.S. Congress that the pipeline would be one of the largest in the world. «Japan, South Korea and other nations want to be our partner, with investments of trillions of dollars each,» he said.

05.03 / 03:23

markets Reuters Analysis President Experts Doge DOGE website offers error-filled window into Musk's government overhaul

Elon Musk's effort to slash U.S. government spending and the size of the federal workforce. However, the view it offers of the cost-cutting enterprise is often muddied by major errors. President Donald Trump and Musk's Department of Government Efficiency say that in just six weeks they have already saved American taxpayers tens of billions of dollars through rapid-fire moves to cancel contracts, fire workers and root out fraud and waste in the government. The only support for the assertions comes from data posted by DOGE to a newly created website that went live last month. But in the last two weeks alone, DOGE has deleted hundreds of claimed savings, including some of the largest items it had previously boasted about.

04.03 / 15:31

markets UPS IPO Reuters Racing International Blackstone out of race for Haldiram's over valuation, sources say

Blackstone has pulled out of the race to pick up a minority stake in the snacks business of India's Haldiram's over valuation concerns, two sources with direct knowledge of the matter said on Tuesday. Rival bidder Temasek remains in the race to acquire a minority stake in the business, said a third source with direct knowledge of discussions. Blackstone had spent seven months on the deal, but there is «no turning back» now from a decision to end talks, one of the first people said.

04.03 / 15:31

markets Reuters SEC security information Department Know why US SEC is offering its staff $50,000 to resign or retire

Securities and Exchange Commission (SEC) are being offered a $50,000 incentive if they are willing to retire or resign as part of an early retirement program, according to an internal memo of the agency. As per Bloomberg, the offer is a voluntary separation incentive or a voluntary early retirement program, with the deadline for the same being March 21.

04.03 / 07:19

markets Reuters WhatsApp Trade War country information How a key ingredient in Coca-Cola, M&M's is smuggled from war-torn Sudan

Sudan, traders and industry sources say, complicating Western companies' efforts to insulate their supply chains from the conflict. Sudan produces around 80% of the world's gum arabic, a natural substance harvested from acacia trees that's widely used to mix, stabilise and thicken ingredients in mass-market products including L'Oreal lipsticks and Nestle petfood. The paramilitary Rapid Support Forces (RSF), at war since April 2023 with Sudan's national army, seized control late last year of the main gum-harvesting regions of Kordofan and Darfur in western Sudan.

03.03 / 21:35

markets Reuters President information reports Department US Treasury Department suspends enforcement of BOI reporting, says it plans narrow mandate's scope

Corporate Transparency Act, which requires millions of domestic businesses to declare their real beneficial owners. The current administration under President Donald Trump has opposed the «beneficial ownership information (BOI)» reporting requirement, which was enforced through the Corporate Transparency Act.

03.03 / 10:55

markets Reuters country Latin travelers Schools Pope Francis, the Argentine pontiff who has never returned home

Pope Francis to visit the homeland he left in 2013 to become the head of the Roman Catholic Church. With his health delicate as he battles double pneumonia, the return seems increasingly unlikely now to happen. Pope Francis, 88, has been in a critical condition due to a lung infection. His two weeks in Rome's Gemelli hospital is the longest stay of his papacy and underscores his frailty. Francis has made more than 45 international trips during his papacy, including the first by any pope to Iraq, the United Arab Emirates, Myanmar, North Macedonia, Bahrain and Mongolia.

02.03 / 02:55

markets Reuters Telegram RAI reports Videos Russia says IAEA mission arrives at nuclear plant in Ukraine through Russia

Zaporizhzhia nuclear power plant in Ukraine for the first time through Russian territory, a Russia-installed head of the plant said. The IAEA rotation came after weeks of delay caused by military activity around the site with each side blaming the other for violating rules to ensure the team's safe passage to the plant. «It is fundamentally important that the route passed through the territory of the Russian Federation for the first time,» Yuri Chernichuk, the Russia-installed head of the Zaporizhzhia plant in southeastern Ukraine, said in a video on Telegram.

28.02 / 16:13

markets Provident Reuters Analysis cover reports Department US consumer spending falls in January; monthly inflation rises

inflation could provide cover for the Federal Reserve to delay cutting interest rates for some time. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, dropped 0.2% last month after an upwardly revised 0.8% increase in December, the Commerce Department's Bureau of Economic Analysis said on Friday. Economists polled by Reuters had forecast consumer spending gaining 0.1% after a previously reported 0.7% surge in December, when outlays were boosted by pre-emptive buying in anticipation of tariffs which would raise prices for imported goods.

28.02 / 15:01

Reuters Remark Oscar actress 2020 infection Scandals Oscars 2025: Netflix’s 'Best Picture' nominee faces controversy over resurfaced offensive posts

28.02 / 02:07

markets Reuters Digital economy Election Trade gatherings India's Oct-Dec GDP growth seen stronger on improved rural demand, government spending

government spending gathered pace. Asia's third-largest economy saw a sharp slowdown in the July to September quarter, with GDP growth slipping to 5.4%, the slowest pace in seven quarters. Economists blamed the slowdown on weak urban demand and a delay in government spending due to national elections last year.

27.02 / 23:13

markets Reuters Google NVIDIA Healthcare performer reports New competition for DeepSeek? Tencent launches new AI model, claims it is 'faster' that DeepSeek

DeepSeek AI had created a market rout upon its entry into the field of artificial intelligence through its V3 and R1 AI models, but it now looks like it is facing some competition from Tencent, another Chinese tech company that is claiming to have built an AI model that gives faster responses to prompts than DeepSeek, according to a Reuters report.

27.02 / 02:11

markets Target Reuters Doge Department Courts Trump orders more layoffs, Musk touts cuts at cabinet meeting

Donald Trump's administration on Wednesday ordered federal agencies to undertake more large-scale layoffs of workers, while the president let downsizing czar Elon Musk take a star role at his first cabinet meeting and discuss his ambitious budget-cutting targets.

26.02 / 20:17

markets Reuters ByteDance NVIDIA Healthcare country reports Market panic fizzles as DeepSeek fuels even greater demand for Nvidia chips, company's H20 chips fly off shelves in China as AI breakthrough ignites demand

H20 AI chips as DeepSeek's cost-efficient and affordable AI models have led to an increase in demand for these chips, reported Reuters.

26.02 / 20:17

markets UPS Target Reuters Strategy reports BP walks back on renewable investment, to scale up fossil fuel production

BP has announced plans to scale up its oil and gas production and cut renewable energy investments, citing pressure from investors.

26.02 / 17:59

markets Reuters security President War reports Volodymyr Zelenskyy-Donald Trump talks litmus test for minerals deal

Volodymyr Zelenskyy said on Wednesday the success of Ukraine's minerals deal with Washington hinged on his talks this week with President Donald Trump, as the text of the agreement showed the Americans had offered no firm security guarantees.

26.02 / 03:13

markets Reuters Waters Pool President cover reports White House takes control of the press pool covering Trump

media organizations participate in the press pool that covers the president, wresting control away from the group of journalists that has done so for decades.

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