Business

US cruises sail into higher costs as oil prices rally; Carnival could be hardest hit

Monday, March 16 by SRN News

By Aishwarya Jain and Neil J Kanatt March 16 (Reuters) - Cruise operators face choppy waters as rising oil prices lift fuel costs, with analysts warning Carnival Corp could take the biggest hit to its 2026 profit as it is the only major U.S. cruise... Read More.

Wall St futures rise as tech stocks gain; Middle East conflict in focus

Monday, March 16 by SRN News

By Johann M Cherian March 16 (Reuters) - U.S. stock index futures rose on Monday with shares of Meta among top gainers after a report said the megacap was prepping for sweeping AI-related layoffs, even as elevated crude prices due to the raging Middle East... Read More.

BIS urges central banks not to overreact to energy price spike

Monday, March 16 by SRN News

LONDON, March 16 (Reuters) - The body that advises the world's central banks has urged policymakers not to overreact to the Iran crisis-driven spike in global energy prices, calling it a textbook case of when to "look through" a shock, especially if it proves... Read More.

Meta shares jump after Reuters report on plans for layoffs of 20% or more

Monday, March 16 by SRN News

March 16 (Reuters) - Meta Platforms shares rose 3% on Monday following a Reuters report that the social media giant plans to lay off 20% or more of its workforce to offset heavy spending on artificial intelligence and bet on productivity gains from the... Read More.

Morning Bid: Central banks’ straitjacket

Monday, March 16 by SRN News

By Mike Dolan March 16 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets As the Iran conflict enters its third week with no end in sight, oil prices continue to push above $100 per barrel for Brent. Over the... Read More.

Senior housing REIT Janus Living aims to raise $740 million in US IPO

Monday, March 16 by SRN News

March 16 (Reuters) - Janus Living is aiming to raise as much as $740 million in its initial public offering in the United States, the senior housing real estate investment trust said on Monday. The Denver, Colorado-based company, which is being carved out from healthcare... Read More.

Dollar Tree forecasts soft annual sales as spending tightens

Monday, March 16 by SRN News

March 16 (Reuters) - Discount retailer Dollar Tree forecast annual sales largely below expectations on Monday, as budget-conscious consumers tightened spending. Shares of the company were down 3% in premarket trading. Shoppers in the U.S. are navigating increasing costs of living and signs of deteriorating labor... Read More.

Behind fashion week glamour, Argentina’s textile backbone buckles

Monday, March 16 by SRN News

BUENOS AIRES, March 16 (Reuters) - Buenos Aires Fashion Week bustles with models showing off the creations of local designers, some well known and some hoping to break through in one of Latin America's most influential fashion capitals. This year, though, the glamour on... Read More.

Nvidia CEO set to reveal new chips and software at AI megaconference GTC

Monday, March 16 by SRN News

SAN JOSE, California, March 16 (Reuters) - Nvidia CEO Jensen Huang is set to detail the company's hardware and software plans to a large crowd in San Jose, California, at the company's annual developer conference on Monday. During a keynote address at a hockey... Read More.

Fed to present an updated outlook looking through the fog of war

Monday, March 16 by SRN News

WASHINGTON, March 16 (Reuters) - U.S. Federal Reserve officials, their policy outlook roiled by a war that has stranded a fifth of global oil supply, meet this week to debate whether the Iran conflict is more likely to disrupt economic growth, threaten more persistent... Read More.

Current Weather

US cruises sail into higher costs as oil prices rally; Carnival could be hardest hit

Wall St futures rise as tech stocks gain; Middle East conflict in focus

BIS urges central banks not to overreact to energy price spike

Meta shares jump after Reuters report on plans for layoffs of 20% or more

Morning Bid: Central banks’ straitjacket

Senior housing REIT Janus Living aims to raise $740 million in US IPO

Dollar Tree forecasts soft annual sales as spending tightens

Behind fashion week glamour, Argentina’s textile backbone buckles

Nvidia CEO set to reveal new chips and software at AI megaconference GTC

Fed to present an updated outlook looking through the fog of war

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