Patience Is Paying Interest Again and TLT Shows Why
Image source: Getty ImagesWJ Interests, LLC initiated a new stake in iShares 20+ Year Treasury Bond ETF by acquiring 160,592 shares in Q3 2025, wit…
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US may revive some shut nuclear plants to help meet emissions goal, energy chief says
By Timothy Gardner WASHINGTON (Reuters) – The United States could revive some of its recently retired nuclear power plants to help meet rising demand for zero-emissions electricity, or add reactors to existing sites, Energy Secretary Jennifer Granholm said in an interview. The administration of President Joe Biden believes nuclear power is critical to meeting greenhouse…
US dollar advances after hawkish Fed comment, economic data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rose on Tuesday, bolstered by hawkish comments from Federal Reserve officials as well as data showing a stable housing market in the world’s largest economy, both suggesting that the central bank will not be in a rush to kickstart its rate-cutting cycle. The greenback firmed against…
Coty misses revenue estimates on cautious retail orders, Lacoste license sale
By Ananya Mariam Rajesh (Reuters) – CoverGirl parent Coty missed fourth-quarter revenue expectations on Tuesday, impacted by its divestiture of Lacoste fragrance license and controlled orders from cautious retailers, which weighed on growth in prestige and mass-market perfumes. Its decision to sell the Lacoste license back to Lacoste resulted in a 2% impact on net…
Gap lifts annual sales forecast on Old Navy strength, shares surge
(Reuters) -Gap raised its annual sales forecast and its first-quarter results beat market expectations, boosted by strength in its Old Navy and Gap brands as budget-strained Americans snap up its trendy denim bottoms and active wear apparel. Shares of the company surged 21% after the bell as the Banana Republic owner saw strong spring shopping,…
Citigroup asks 600 staffers to return to office full-time
(Reuters) -Citigroup has asked its 600 U.S. employees, who are eligible to work remotely, to return to office fulltime, it said on Friday as regulatory requirements make it hard for Wall Street banks to allow offsite work for roles such as trading. Regulators had eased some of the stringent requirements to allow traders the flexibility…
Ford tests shipping cars from Mexico’s Guaymas port to cut logistics costs
MEXICO CITY (Reuters) -Ford shipped out its first batch of cars from the once-ignored Guaymas port near its plant in the northern Mexican state of Sonora on Tuesday, in a project that, if fully launched, could cut its logistics costs by 30%. The initial shipment of pick-ups and Broncos, headed for Chile, is part of…
Implementation of global minimum tax deal is Germany’s priority, Finance Minister says
By Maria Martinez and Christian Kraemer BERLIN (Reuters) – The implementation of the second pillar of the global minimum tax deal is Germany’s priority and further ideas should not be discussed until there is an agreement on the first pillar, German Finance Minister Christian Lindner said on Friday. “In the second pillar we already have…
Explainer-Why are meme stocks rallying again?
By Sruthi Shankar and Medha Singh (Reuters) – GameStop and AMC Entertainment have again captured retail investors’ attention, reminiscent of “the meme stock frenzy” that gripped Wall Street three years ago, following social media posts from the leading figure behind that rally “Roaring Kitty”. Here is what you need to know about the recent surge…
Arizona’s top court revives 19th century abortion ban
By Brendan Pierson and Nate Raymond (Reuters) – Arizona’s top court on Tuesday revived a ban on nearly all abortions under a law from 1864, a half century before statehood and women’s suffrage, further restricting reproductive rights in a state where terminating a pregnancy was already barred at 15 weeks of gestation. The Arizona Supreme…