(Reuters) – Chipotle Mexican Grill on Wednesday tempered its annual comparable sales growth forecast as sticky inflation and economic uncertainty…
Month: April 2025
IBM says 15 contracts impacted by DOGE cost cuts, shares drop
By Arsheeya Bajwa and Juby Babu (Reuters) -International Business Machines said 15 of its government contracts were shelved under a…
Trump’s cabinet ready to take back power with Musk stepping back, sources say
By Nandita Bose and Alexandra Alper WASHINGTON (Reuters) -Members of President Donald Trump’s cabinet will likely move to limit the…
Musk’s X sues to block Minnesota ‘deepfake’ law over free speech concerns
By Tom Hals WILMINGTON, Delaware (Reuters) -Elon Musk’s social media platform X sued Minnesota on Wednesday over a state law…
Trading Day: Wall Street extends rebound as trade war fears subside
NEW YORK (Reuters) – Making sense of the forces driving global markets By Alden Bentley, Americas Finance and Markets Breaking…
AI economic gains likely to outweigh emissions cost, says IMF
(Reuters) -Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing…
China urges UK and EU to uphold multilateral trade in face of U.S. tariffs
BEIJING (Reuters) -Chinese Foreign Minister Wang Yi on Tuesday urged Britain and the European Union to safeguard multilateral trading systems,…
Emerging economies face test from tighter funding as growth slows, says IMF
By Karin Strohecker and Rodrigo Campos WASHINGTON (Reuters) -The International Monetary Fund on Tuesday cut its 2025 growth outlook for…
IMF cuts Saudi 2025 growth forecast, flags slower oil rebound as a drag on region
By Manya Saini DUBAI (Reuters) -The International Monetary Fund on Tuesday lowered its 2025 GDP growth forecast for Saudi Arabia,…
US leading indicator declines sharply in March amid tariffs
WASHINGTON (Reuters) -A gauge of future U.S. economic activity fell sharply in March, potentially flagging tepid growth this year amid…