Trump push to use tariffs to pay for tax cuts faces opposition in Congress
By Jarrett Renshaw, David Morgan and David Lawder WASHINGTON (Reuters) – U.S. President Donald Trump is pushing a plan to explicitly use revenue from higher tariffs on imported goods to help pay for extending trillions of dollars in tax cuts, an
US Treasury sells 20-Year Treasuries at lower-than-expected yield
Investing.com — The U.S. government sold 20-year Treasuries on Wednesday at a lower-than-expected yield as stronger domestic buying eased the hit from softer demand. The notes were awarded at 4.900%, 1.1 basis point below the expected yield, or when-issue
New York obtains $1.065 billion judgment against accused predatory lender
By Jonathan Stempel NEW YORK (Reuters) – New York Attorney General Letitia James said on Wednesday her office obtained a $1.065 billion judgment against Yellowstone Capital, a cash advance provider accused of predatory lending, as part of a settlement that gives
Puma announces cost-cutting after 2024 net profit misses expectations
LONDON (Reuters) -Sportswear brand Puma (OTC:PMMAF) announced a cost-cutting programme on Wednesday after reporting 2024 net profit below the prior year’s level, missing its expectations. Net profit was 282 million euros ($294 million) for the year, compared to 305
Argentina economic activity seen contracting less in November
By Hernan Nessi BUENOS AIRES (Reuters) – Economic activity in Argentina likely fell again in November versus the same month a year earlier, but less than the 0.7% contraction in October, a Reuters poll of market analysts on Wednesday showed. The median