(Reuters) -Federal Reserve Governor Adriana Kugler on Monday said that some of the recent rise in goods and market-services inflation may be “anticipatory” of the effect of the Trump administration’s tariffs, adding that the Fed’s focus should be on keeping …
Engineering software startup Rescale raises $115 million from Applied Materials, Nvidia
By Stephen Nellis SAN FRANCISCO (Reuters) – Rescale, a San Francisco-based startup that makes engineering software used to design race cars and computer chips, raised $115 million on Monday in venture financing. Backers in the round included the venture arm …
US Steel Stock Jumps as Trump Orders Review of Biden-Blocked $14.1B Nippon Deal
Justin Merrman / Bloomberg / Getty Images Shares of U.S. Steel surged more than 14% Monday after the White House ordered the company’s blocked acquisition by Nippon Steel to be reviewed. President Donald Trump told the Committee on Foreign Investment …
Hong Kong Expands Crypto Regulations To Include Staking for Licensed Platforms and ETFs Amid Rising Competition
The Hong Kong Securities and Futures Commission (SFC) announced new regulatory guidance permitting licensed Virtual Asset Trading Platforms (VATPs) and exchange-traded funds (ETFs) to offer staking services. This initiative is part of Hong Kong’s broader roadmap to establish itself as …
‘These levies will eventually be negotiated lower’
While many Wall Street strategists are racing to move their year-end targets lower as stocks sell off following Trump’s stern tariff stance, one bull isn’t wavering. “We still firmly believe that these levies will eventually be negotiated lower,” BMO Capital …
Trump’s economic team faces flood of tariff critiques — even from top White House allies
President Trump thus far has faced limited public critiques from Republican allies on his tariff plans. His top aides have not been so lucky. Questions surrounding leading economic members of Trump’s White House team reached new heights in recent days …