Business

Citing fallout from the Iran war, IMF cuts the outlook for global growth, expects higher inflation

Tuesday, April 14 by SRN News

WASHINGTON (AP) - The Iran war has stalled the world's economic momentum this year, likely pushing growth lower compared to 2025, the International Monetary Fund warned Tuesday. The IMF downgraded its forecast for global growth to 3.1% in 2026 from the 3.3% it had forecast... Read More.

Fuel protests have Ireland’s government facing possible no-confidence vote

Tuesday, April 14 by SRN News

LONDON (AP) - Ireland 's government could face a no-confidence vote Tuesday in Parliament over how it has handled a week of fuel protests that blocked access to oil supplies and a major port and caused massive traffic jams. Prime Minister Micheál Martin announced new... Read More.

Industry group cuts global steel demand forecast for 2026 due to Iran war

Tuesday, April 14 by SRN News

By Eric Onstad LONDON, April 14 (Reuters) - The World Steel Association on Tuesday cut its forecast for global crude steel demand this year, partly due to the Iran war slashing consumption in the Middle East. The industry group cut its forecast for growth in steel... Read More.

JPMorgan profit rises as volatile markets drive trading division

Tuesday, April 14 by SRN News

April 14 (Reuters) - JPMorgan Chase reported a rise in first-quarter profit on Tuesday as its trading division got a boost from volatility across global markets. Net income rose to $16.5 billion, or $5.94 per share, in the three months ended March 31, compared... Read More.

Morning Bid: War-weary markets filter out noise

Tuesday, April 14 by SRN News

By Mike Dolan April 14 - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Markets are clinging to hopes that there will be an eventual breakthrough in U.S.-Iran negotiations, with oil prices retreating and stocks rebounding even as the... Read More.

Analysis-Investors size up landmark new chapter for Hungary post-Orban

Tuesday, April 14 by SRN News

By Marc Jones LONDON, April 14 (Reuters) - Investors are banking on a positive new chapter for Hungary as incoming Prime Minister Peter Magyar insists there is no time to waste following his resounding defeat of Viktor Orban - provided he can stick to his... Read More.

S&P 500, Nasdaq futures rise on Mideast de-escalation hopes, earnings in focus

Tuesday, April 14 by SRN News

By Niket Nishant and Avinash P April 14 (Reuters) - S&P 500 and Nasdaq 100 futures ticked higher on Tuesday as reports of fresh efforts to de-escalate the Middle East conflict boosted sentiment, with traders also assessing corporate earnings and positioning ahead of March... Read More.

Dow names insider Karen Carter CEO as Fitterling moves to executive chair role

Tuesday, April 14 by SRN News

April 14 (Reuters) - Chemicals maker Dow named operations chief Karen Carter as its new CEO on Tuesday, handing the reins to a long-time insider as the company grapples with weak demand, restructuring and a sweeping overhaul of its global footprint. Carter will take over... Read More.

Citi profit jumps 42% as market volatility lifts trading revenue

Tuesday, April 14 by SRN News

By Tatiana Bautzer and Prakhar Srivastava April 14 (Reuters) - Citigroup's first-quarter profit rose 42% as geopolitical tensions fueled market volatility and trading revenue, while strong dealmaking buoyed investment banking fees. Trading desks benefited from heightened volatility across asset classes as the U.S.-Israeli war on... Read More.

CarMax posts quarterly loss on goodwill charge, weak used-car demand

Tuesday, April 14 by SRN News

April 14 (Reuters) - Used car retailer CarMax reported a fourth-quarter loss on Tuesday, hurt by a goodwill impairment charge and shrinking margins from used vehicles. Shares of the Richmond, Virginia-based company fell 6.8% in premarket trading. The used-car sector has struggled to move inventory... Read More.

Current Weather

Citing fallout from the Iran war, IMF cuts the outlook for global growth, expects higher inflation

Fuel protests have Ireland’s government facing possible no-confidence vote

JPMorgan profit rises as volatile markets drive trading division

Morning Bid: War-weary markets filter out noise

Analysis-Investors size up landmark new chapter for Hungary post-Orban

S&P 500, Nasdaq futures rise on Mideast de-escalation hopes, earnings in focus

Dow names insider Karen Carter CEO as Fitterling moves to executive chair role

Citi profit jumps 42% as market volatility lifts trading revenue

CarMax posts quarterly loss on goodwill charge, weak used-car demand

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