By David Shepardson WASHINGTON (Reuters) -U.S. President-elect Donald Trump’s incoming national security adviser said on Thursday the new administration will…
Month: January 2025
J.P.Morgan forecasts spending on data centers could boost US GDP by 20 basis points in 2025-26
By Siddarth S (Reuters) – J.P.Morgan estimated spending on data centers could contribute between 10-20 basis points to U.S. economic…
Wall Street could get a boost from $1 trillion in buybacks, Goldman says
By Nell Mackenzie LONDON (Reuters) – Investors have been hoping Donald Trump’s return to the White House next week will…
Citi cuts return targets to spend more on regulatory fixes, plans $20 billion in buybacks
By Tatiana Bautzer and Manya Saini (Reuters) -Citigroup cut its closely watched profitability target in 2026 as it tackles rising…
Trump USDOT nominee says Tesla safety probe will continue
By David Shepardson WASHINGTON (Reuters) – President-elect Donald Trump’s nominee to head the Transportation Department said he would allow an…
Investor reactions to the Gaza ceasefire deal
WASHINGTON (Reuters) – Negotiators reached a phased deal on Wednesday to end the war in Gaza between Israel and Hamas,…
JPMorgan earns biggest-ever annual profit as investment bankers ride rebound
By Niket Nishant and Nupur Anand (Reuters) – JPMorgan Chase’s annual profit rose to a record as its dealmakers and…
Nvidia’s biggest customers delaying orders of latest AI racks, The Information reports
(Reuters) -Nvidia’s top customers are delaying orders of the AI chip leader’s latest ‘Blackwell’ racks due to overheating issues, the…
OpenAI urges US to prioritize AI funding, regulation to stay ahead of China
(Reuters) -OpenAI on Monday laid out its vision for artificial intelligence development in the U.S., saying the country needs outside…
Cleveland-Cliffs partners with Nucor to potentially bid for US Steel, CNBC reports
(Reuters) – Cleveland-Cliffs is partnering with peer Nucor to prepare a potential bid for U.S. Steel, CNBC reported on Monday,…