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Analysis-South Africa investors face global growth storm clouds after choppy politics

By Colleen Goko JOHANNESBURG – Investors have flocked to South Africa’s domestic bond markets, betting the country can stay the course on reforms despite political fractures, but tariff threats and the prospect of a global growth slowdown are casting a long ...
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Fifth Third Bancorp reaffirms annual interest income forecast despite uncertainty

(Reuters) – Fifth Third Bancorp reaffirmed the forecast for its annual net interest income growth on Thursday, as the lender banked on its ability to manage risks from the economic fallout of U.S. and China’s escalating tariff war. Regional banks like ...
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Trump says Fed chair Powell’s termination can’t ‘come fast enough!’

(Reuters) – U.S President Donald Trump said on Thursday that Federal Reserve Chair Jerome Powell’s termination “cannot come fast enough”, while calling for the U.S. central bank to cut interest rates. Trump, in a post on his social media platform ...
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Turkish cenbank surprises with rate hike to 46% after market turmoil

ISTANBUL (Reuters) – Turkey’s central bank hiked its key interest rate by 350 basis points to 46% on Thursday, in a surprise move that reversed an easing cycle and slightly boosted the lira, following market volatility in the wake of ...
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AmEx profit beats expectations on steady card spending

(Reuters) -American Express beat Wall Street estimates for first-quarter profit on Thursday as its premium customers shrugged off fears of a slowdown to continue spending. While U.S. President Donald Trump’s tariff rhetoric had rattled some consumers during the quarter, the fallout was limited as the ...
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Im in ruins, teary Mike Lindell tells judge in Smartmatic sanctions hearing

 (WASHINGTON) -- Election denier and MyPillow CEO Mike Lindell continues to refuse to pay more than $50,000 in sanctions he has been ordered to pay to voting software company Smartmatic over "frivolous" election claims -- alleging he's left with no money after numerous legal ...
https://www.osfhealthcare.org/c/only-at-osf-w
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UnitedHealth cuts 2025 forecast after dealing with first-quarter care use spike

UnitedHealth chopped its 2025 forecast after being surprised by care use from its Medicare Advantage customers in a worse-than-expected first quarter. Shares of the health care giant tumbled early Thursday. UnitedHealth said a rise in care use from its Medicare Advantage customers came in far above ...
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European Central Bank expected to cut rates again amid worries about Trump’s tariffs

FRANKFURT, Germany (AP) — Worries about economic growth fueled by U.S. President Donald Trump’s tariff onslaught will likely push the European Central Bank to cut interest rates on Thursday for a seventh straight time, a move that should make credit more affordable for business ...
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Chinese tea firm Chagee raises $411 million in US IPO

By Scott Murdoch SYDNEY (Reuters) -Chinese tea firm Chagee has raised $411 million by setting the price of its shares at $28 each in its initial public offering in the United States, the company said in a statement on Thursday. Chagee sold about 14.7 million ...
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Blackstone’s first-quarter profit rises on robust private equity, credit performance

(Reuters) – Blackstone posted an 11% jump in first-quarter profit on Thursday, driven by higher proceeds from asset sales across its private equity and credit businesses. Distributable earnings, which represent cash that can be used to pay dividends, grew to $1.41 ...
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Truist Q1 profit falls on weakness in investment banking and trading business

(Reuters) – Truist Financial reported a fall in first-quarter profit on Thursday due to weakness in its investment banking and trading unit amid U.S. President Donald Trump’s whiplash trade policies. Shifting expectations of global tariffs have triggered market turbulence and sharp ...
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Tariffs to trigger sharp US economic slowdown; chance of recession jumps to 45%: Reuters poll

By Indradip Ghosh BENGALURU (Reuters) – An aggressive U.S. tariff policy will trigger a significant slowdown in the U.S. economy this year and next, with the median probability of recession in the next 12 months approaching 50%, according to economists polled ...
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