(Reuters) -There is a much higher risk of stagflation than recession in the U.S. economy over the next year, while…
Day: April 26, 2025
DOGE orders AmeriCorps to cancel $400 million in grants, Washington Post reports
(Reuters) -Elon Musk’s Department of Government Efficiency has ordered the cancellation of around $400 million in grants doled out by…
China foreign minister says US tariffs show “extreme egoism”
HONG KONG (Reuters) – China’s Foreign Minister Wang Yi said Beijing stands on the side of international rules on U.S.-imposed…
Elon Musk’s xAI Holdings in talks to raise $20 billion from investors, Bloomberg News reports
(Reuters) -Elon Musk’s xAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly…