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US, Taiwan reach trade deal focused on semiconductors, US Commerce Department says
WASHINGTON, Jan 15 (Reuters) – The U.S. and Taiwan clinched a trade deal on Thursday that cuts tariffs on many of the semiconductor powerhouse’s exports, directs new investments in the U.S. technology industry and risks infuriating China. The deal deepens the Trump administration‘s ties with Taipei at a critica[...]
Goldman’s profit beats on record stock trading, sees robust M&A activity in 2026
Jan 15 (Reuters) – Goldman Sachs’ fourth-quarter profit beat Wall Street expectations on Thursday, driven by a surge in dealmaking and trading, as it expressed optimism for investment banking in the year ahead. A friendlier regulatory environment under U.S. President Donald Trump, lower interest rates and excess cash[...]
Morgan Stanley beats profit estimates on dealmaking windfall
Morgan Stanley beat profit estimates as investment banking revenue jumped 47% on a surge in M&A and debt underwriting.
US weekly jobless claims fall, but labor market is still in a holding pattern
U.S. jobless claims fell last week, but seasonal distortions and weak hiring signal a labor market stuck in neutral.
Verizon outage: Massive outage bringing network down. What to know
U.S. wireless carrier Verizon appears to be experiencing an outage, according to Down Detector. As of 12:49 p.m. on Wednesday, Jan. 14, 175,399 users had reported difficulties via the Down Detector website. Many Verizon users also took to social media platforms, such as X, to say their phone service was completely down. Users ar[...]
US biotech sector poised for 2026 rebound as IPO interest revives
Investors see a potential biotech rebound in 2026 as IPO activity, dealmaking and lower rates offset lingering policy risks.
Oil climbs on concerns over potential Iranian supply disruption
LONDON, Jan 14 (Reuters) – Oil prices rose on Wednesday for a fifth straight session on fears of Iranian supply disruptions due to a potential U.S. attack on Iran and possible retaliation against U.S. regional interests. Brent futures were up 76 cents, or 1.2%, at $66.23 a barrel at 1411 GMT. U.S. West Texas Intermediate [[...]
US approves Nvidia H200 chip exports to China with some conditions
The Trump administration approved Nvidia’s H200 AI chip sales to China under new restrictions, drawing concern from national security hawks.
US banking giants reap bigger profits as borrowers seek more loans
U.S. banking giants reported stronger fourth-quarter profits as loan growth accelerated, signaling momentum heading into 2026.
US consumer inflation increases steadily, but households paying more for food and rents
U.S. inflation rose in December as higher food and rent costs hit households, reinforcing expectations the Fed will hold rates.
Delta leans on premium flyers for 2026 growth, orders Boeing 787s
Delta Air Lines forecasts about 20% earnings growth in 2026 as premium travel boosts margins and orders 30 Boeing 787 jets.
Microsoft rolls out initiative to limit data-center power costs, water use impact
Microsoft says it will curb water use and cover power costs at U.S. data centers as communities and Trump raise concerns grow.
