Reuters US Business

By Manya Saini (Reuters) -Polymarket said on Tuesday it secured an investment from Donald Trump Jr-backed venture capital firm 1789 Capital, as prediction markets gain traction in the United States. The Trump brothers, Eric and Donald, have announced a series of new business ventures over the past year, serving as advisers on corporate boards. They …

Polymarket secures investment from Trump Jr-backed 1789 Capital Read More »

(Reuters) -Spotify Technology will start rolling out a messaging feature to both free and premium subscription tiers as the music streaming giant seeks to attract more users and fend off competition. The messaging feature will allow users to chat and share music with people they have interacted with on Spotify, the Swedish firm said on …

Spotify announces messaging feature for free, premium users Read More »

By Lucia Mutikani WASHINGTON (Reuters) -New orders for key U.S.-manufactured capital goods increased more than expected in July, suggesting business spending on equipment got off to a strong start in the third quarter, but consumers’ deteriorating assessment of the labor market cast a pall over the economy. The report from the Commerce Department on Tuesday …

US business spending on equipment resilient; labor market confidence weakening Read More »

By Blake Brittain (Reuters) -A U.S. appeals court on Tuesday ordered the U.S. Patent and Trademark Office to reconsider its decision to deny an application for a trademark covering the obscenity word “fuck.” In a split 2-1 decision, the U.S. Court of Appeals for the Federal Circuit said the USPTO failed to provide clear reasoning …

Failed bid for F-word trademark deserves fresh review, US court rules Read More »

By Shashwat Chauhan, Medha Singh and Anirban Sen NEW YORK (Reuters) -Trump Media & Technology Group and Crypto.com on Tuesday agreed to a deal with a blank-check acquisition company to launch a new venture that will pursue a treasury-style strategy to accumulate the cryptocurrency platform’s native token CRO, deepening the ties of U.S. President Donald Trump …

Trump Media, Crypto.com launch new crypto treasury firm via SPAC deal Read More »

By Ana Mano SAO PAULO (Reuters) -The use of beef tallow for biodiesel production in Brazil is expected to rise amid a forecast increase in domestic sales aimed at boosting output of the biofuel, industry sources said, noting a rise in beef tallow’s domestic use would also offset a likely drop in U.S. import demand …

Brazil’s beef tallow demand seen rising as exports hit by US tariffs Read More »

By Marc Jones LONDON (Reuters) -The new head of the Bank for International Settlements on Tuesday stressed the need for central banks to focus on inflation and, amid Donald Trump’s escalating attacks on the Fed, for their independence to be protected. Uncertainty surrounding the world’s most important monetary authority, the Federal Reserve, has risen this …

New BIS head stresses importance of central bank independence and accountability Read More »

By Francesco Canepa FRANKFURT (Reuters) -U.S. President Donald Trump’s attacks on Federal Reserve policymakers are emerging as the biggest threat in decades to central bank independence, which is widely seen as key to keeping down inflation and maintaining stability in the global financial system. Trump’s unprecedented threat to fire Fed governor Lisa Cook over alleged …

Mantra of central bank independence shaken by Trump moves on Fed Read More »