Sign In
Free Newsletter
Robinhood’s $658M private markets fund for retail investors goes public
March 6 (Reuters) – Robinhood debuted its flagship $658.4 million venture fund on the New York Stock Exchange on Friday, offering retail investors a rare chance to invest in high-profile, privately held technology companies. Private company investments have long been the playground of Silicon Valley’s biggest venture[...]
BlackRock limits withdrawals as redemptions rattle private credit fund
BlackRock restricts withdrawals from its $26 billion HPS Corporate Lending Fund due to $1.2 billion in redemption requests amid investor concerns in private credit.
US customs agency says tariff refund system will be ready in 45 days
The U.S. Customs and Border Protection will implement a system to refund $166 billion in tariffs within 45 days, following the Supreme Court ruling.
US collected $166B under IEEPA duties, customs agency says
The U.S. Customs and Border Protection collected about $166 billion in duties under emergency tariffs imposed by President Trump, later struck down by the Supreme Court.
24 states, including Virginia, announce lawsuit to stop Trump’s latest global tariffs
A coalition of 24 US states filed a lawsuit challenging President Trump's new 10% global tariffs, arguing they exceed legal authority under the Trade Act of 1974.
Oracle plans thousands of job cuts as data center costs rise, Bloomberg News reports
March 5 (Reuters) – Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported on Thursday. Long a smaller contender in the cloud market, over the past year Oracle has emerged as a major player in the business [&hell[...]
Oil jumps more than 5% on supply concerns as Iran conflict widens
Oil prices jumped more than 5% due to escalating conflict between the U.S., Israel, and Iran, disrupting Middle East oil supplies and shipping routes.
US productivity slows in fourth quarter
U.S. labor productivity growth slowed to 2.8% annualized in Q4 2026, according to the Labor Department, while labor costs rose at a moderate pace.
US private payrolls post largest increase in seven months in February
U.S. private payrolls increased by 63,000 jobs in February, the largest gain in seven months, driven by education and health services, according to ADP's report.
White House submits Warsh nomination as Fed chair to Senate
March 4 (Reuters) – President Donald Trump on Wednesday sent the U.S. Senate his nomination of former Federal Reserve governor Kevin Warsh to be the U.S. central bank’s next chair, ticking off an early step in what promises to be a contentious path toward his long-held goal of installing a rate-cut friendly Fed chief[...]
Gulf shipping crisis deepens as tankers stranded for fifth day, US sinks Iranian warship
Oil prices remain near multi-month highs as Middle East tensions disrupt energy flows, despite reports of potential US-Iran talks to end the conflict.
US dollar nudges lower on hopes of Middle East de-escalation
The US dollar declined on hopes of de-escalation in the Middle East after reports of Iran signaling willingness to explore talks with the US intelligence agency.
