BRASILIA (Reuters) -Brazil’s benchmark interest rate of 15% is overly restrictive and there is room to reconsider the timing of…
MercadoLibre misses profit estimates as Brazil free-shipping boost hurts margins
(Corrects quote in paragraph 8 to “short-term margin pressure,” instead of “structural margin pressure”) By Andre Romani SAO PAULO (Reuters)…
Exclusive-Fed’s Daly says time is nearing for rate cuts, may need more than two
By Ann Saphir (Reuters) -San Francisco Federal Reserve Bank President Mary Daly on Monday said that given mounting evidence that…
Bridgewater founder Ray Dalio urges Trump to reveal why he fired top labor official
(Reuters) -Investor Ray Dalio said on Monday he, too, would likely have fired the commissioner of the Bureau of Labor…
Amazon tumbles after cloud computing growth disappoints investors
By Aditya Soni and Kanchana Chakravarty (Reuters) -Amazon.com shares <AMZN.O> fell 7% on Friday as the tech giant’s results fanned…
Apple’s tariff-fueled iPhone sales surge raises doubts about sustainability
By Harshita Mary Varghese and Joel Jose (Reuters) -Apple’s best revenue growth in three years failed to impress, with shares…
Blackstone to reopen New York office one week after shooting
By Isla Binnie and Niket Nishant NEW YORK (Reuters) -Blackstone told employees on Friday it will reopen its New York…
Sig Sauer must face ICE officer’s lawsuit over accidental gun firing
By Jonathan Stempel (Reuters) -A U.S. appeals court on Friday revived a lawsuit seeking to hold firearms maker Sig Sauer…
Analysis-Diageo’s new CEO needs actions, not just words
By Emma Rumney LONDON (Reuters) -Diageo’s new interim CEO Nik Jhangiani has charmed investors with his cool confidence and clear…
US House poised to send stablecoin bill to Trump after ‘crypto week’ drama
(Reuters) -The U.S. House of Representatives appeared poised to pass key crypto legislation on Thursday, including the creation of a…