Business

SEC clears Nasdaq proposal for prediction market options tied to benchmark index

Thursday, April 30 by SRN News

By Mrinmay Dey April 30 (Reuters) - The U.S. Securities and Exchange Commission on Thursday approved a proposal by Nasdaq's options trading venue to list and trade a new class of stock market prediction instruments tied to a major index, according to a regulatory order. Several... Read More.

Asian shares gain with most markets closed for May Day, while oil holds steady at $111 a barrel

Thursday, April 30 by SRN News

Shares gained in Asia on Friday, though many markets in the region were closed for May Day holidays. Brent crude's price held steady at $111.66 per barrel while U.S. benchmark crude oil added 46 cents to $105.53 a barrel. Prospects for a deal to... Read More.

Federal monitor flags ‘dysfunction’ in UAW’s management of investments

Thursday, April 30 by SRN News

By Kalea Hall and Nora Eckert April 30 (Reuters) - A federally appointed monitor overseeing the United Auto Workers found "multiple points of breakdown" in a delayed investment of union funds that could have cost the labor group millions in unrealized stock gains. Reuters first reported... Read More.

Yen trims gains against dollar after Japan’s intervention in markets

Thursday, April 30 by SRN News

By Rocky Swift TOKYO, May 1 (Reuters) - The yen eased slightly against the dollar on Friday, but was still poised for its steepest weekly gain in more than two months after Japanese authorities stepped in to lift the currency from near two-year lows. Investors remained... Read More.

Huawei expects AI chip revenue to jump at least 60% this year, FT reports

Thursday, April 30 by SRN News

May 1 (Reuters) - Huawei expects revenue from its AI chips to jump at least 60% this year, boosted by strong demand for domestic offerings from Chinese companies, the Financial Times reported on Friday. The Chinese tech company expects revenue from its chips to reach... Read More.

Trading Day: AI glow brightens, Japan intervenes

Thursday, April 30 by SRN News

By Jamie McGeever ORLANDO, Florida, April 30 (Reuters) - U.S. stocks surged on Thursday to close a remarkable month on a high as strong tech earnings and investment figures suggested that the AI boom has much further to run, while the yen had its best... Read More.

What to know about May Day demonstrations as workers face rising energy costs due to Iran war

Thursday, April 30 by SRN News

PARIS (AP) - Activists worldwide will march in May Day rallies Friday, calling for peace, higher wages and better working conditions as many workers grapple with rising energy costs and shrinking purchasing power tied to the Iran war. The day is a public holiday in... Read More.

Haslam breaks ground on Browns’ $2.4B domed stadium set to open in 2029

Thursday, April 30 by SRN News

BROOK PARK, Ohio (AP) - Cleveland Browns owner Jimmy Haslam and his family marked a significant milestone on Thursday with the groundbreaking ceremony for the new domed stadium scheduled to open for the 2029 season. There are still a couple of questions to be answered... Read More.

Spiking central bank dissent risks stoking volatility: McGeever

Thursday, April 30 by SRN News

By Jamie McGeever ORLANDO, Florida, April 30 (Reuters) - From Tokyo to Washington, central bankers are becoming increasingly divided on how to handle the global energy shock. Less unity means investors should brace for more policy uncertainty, murky messaging, and volatility in the months ahead. As... Read More.

Meta raises specter of shutting down service to New Mexico in legal clash over child safety

Thursday, April 30 by SRN News

SANTA FE, N.M. (AP) - Meta is raising the prospect of shutting down its social media services in New Mexico in response to a push by state prosecutors for fundamental changes to the company's platforms, including Instagram, to protect the mental health and safety... Read More.

Current Weather

SEC clears Nasdaq proposal for prediction market options tied to benchmark index

Asian shares gain with most markets closed for May Day, while oil holds steady at $111 a barrel

Federal monitor flags ‘dysfunction’ in UAW’s management of investments

Yen trims gains against dollar after Japan’s intervention in markets

Huawei expects AI chip revenue to jump at least 60% this year, FT reports

Trading Day: AI glow brightens, Japan intervenes

What to know about May Day demonstrations as workers face rising energy costs due to Iran war

Haslam breaks ground on Browns’ $2.4B domed stadium set to open in 2029

Spiking central bank dissent risks stoking volatility: McGeever

Meta raises specter of shutting down service to New Mexico in legal clash over child safety

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