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Analysis-Geopolitical and tariff risk back with a bang for markets
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Wednesday, October 1
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SRN News
Tesla quarterly deliveries set for boost from expiring EV credit in US
By Akash Sriram (Reuters) -Tesla is set to report its strongest quarter of the year on Thursday thanks to a U.S. rush to secure a $7,500 EV tax credit that expired earlier this week, but analysts expect the boost to ...
Wednesday, October 1
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SRN News
Frozen feud: How Trump and the Supreme Court helped put historic Whole Foods union bid on ice
By John Kruzel and Daniel Wiessner PHILADELPHIA (Reuters) -On January 27, workers at a Philadelphia Whole Foods voted to become the first store in the Amazon-owned grocery chain to unionize. When the result was announced that night, produce worker Ed ...
Wednesday, October 1
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SRN News
Japan’s lead trade negotiator defends tariffs deal with the US
TOKYO (AP) — Japan’s chief trade negotiator has defended a tariffs deal with the U.S., expressing respect for President Donald Trump and calling him a “tough negotiator.” Trade envoy Ryosei Akazawa noted that the pact setting on most Japanese exports ...
Wednesday, October 1
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ABC News
Federal government shuts down after Senate fails to pass funding measures
(WASHINGTON) -- The federal government shut down at 12:01 a.m. Wednesday after the Senate was unable to pass Democratic and Republican proposals on Tuesday.Both proposals fell short of the 60 votes needed to pass. The Democratic plan which would ...
Wednesday, October 1
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SRN News
US auto sales set to rise 6% in third quarter
(Reuters) -U.S. auto sales are expected to rise about 6% in the third quarter from a year ago, as consumers were seen pulling forward their electric vehicle purchases before the end of certain tax credits, while demand for SUVs ...
Wednesday, October 1
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SRN News
Democrats embrace a shutdown fight in a rare moment of unity against Trump
NEW YORK (AP) — On this, at least, the Democrats agree: It’s time to fight. Whether far-left activists, Washington moderates or rural conservatives, Democratic leaders across the political spectrum are shrugging off the risks and embracing a government shutdown they ...
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Wednesday, October 1
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SRN News
US government shutdown threatens to disrupt IPO market momentum
By Manya Saini and Niket Nishant (Reuters) -A U.S. government shutdown threatens to stall the IPO market’s long-awaited comeback, just as strong investor demand and successful debuts had breathed life back into new listings. The U.S. government shut down ...
Wednesday, October 1
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SRN News
Pope intervenes in US abortion debate by raising what it really means to be pro-life
ROME (AP) — Pope Leo XIV has intervened for the first time in an abortion dispute roiling the U.S. Catholic Church, raising the seeming contradiction over what it really means to be “pro-life.” Leo, a Chicago native, was asked late ...
Wednesday, October 1
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SRN News
Former judge is likely the next leader of the Mormon church and its 17 million members
SALT LAKE CITY (AP) — Dallin H. Oaks, a former Utah Supreme Court justice known for his jurist sensibilities and traditionalist convictions on marriage and religious freedom, is expected to be the next president of The Church of Jesus ...
Wednesday, October 1
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SRN News
Nomura to boost rates and FX trading units, sees more market volatility
By Anton Bridge and Miho Uranaka TOKYO (Reuters) -Japan’s Nomura Holdings plans to beef up its interest rate and currency trading operations globally, believing increased market volatility will lift demand, a senior executive said. The push reflects growing doubts around the ...
Wednesday, October 1
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SRN News
New York AG James sues Homeland Security for nearly $34 million over transit funding freeze
(Reuters) -New York Attorney General Letitia James on Tuesday filed a lawsuit and an emergency motion seeking a temporary restraining order against U.S. Secretary of Homeland Security Kristi Noem and the department, accusing them of unlawfully withholding nearly $34 ...
Wednesday, October 1
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SRN News
5 homes collapse into the surf of the Outer Banks as hurricanes rumble in Atlantic
Five unoccupied houses along North Carolina’s Outer Banks collapsed into the ocean on Tuesday as Hurricanes Humberto and Imelda rumbled in the Atlantic, the National Park Service said, marking the latest private beachfront structures to fall into the surf ...
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