Reuters US Business

(Reuters) -Israeli contract chipmaker Tower Semiconductor forecast third-quarter revenue above Wall Street expectations on Monday, driven by steady demand for its chips used in the automotive and industrial markets. The company’s U.S.-listed shares were up 5% in early trading. Tower Semiconductor has also seen higher demand for its advanced chip technologies used in optical fiber …

Tower Semiconductor forecasts quarterly revenue above estimates on steady chip demand Read More »

By Isla Binnie NEW YORK (Reuters) -Carlyle has raised $9 billion for its latest U.S. real estate fund, the investment group told Reuters on Monday, giving it a record fundraising haul to deploy into land and buildings amid tentative signs of recovery in parts of the sector. Many asset managers have struggled to coax their …

Carlyle raises $9 billion for US real estate bets Read More »

HOUSTON(Reuters) -Venezuela’s oil exports declined about 10% in July from the previous month as key partners of state company PDVSA awaited U.S. authorizations to expand operations in the country, according to vessel tracking data and company documents. Washington in late July green lit producer Chevron to operate in the sanctioned country and export its crude …

Venezuela’s oil exports fell in July as partners awaited US authorizations Read More »

By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Whatever the market take was from Friday’s surprisingly soft U.S. payrolls update has been overshadowed by the instant firing of the statistician responsible for them – leaving more questions than answers about the veracity …

Morning Bid: Payrolls soft, messenger fired Read More »

By Jan Wolfe and Dietrich Knauth WASHINGTON (Reuters) -A federal appeals panel on Thursday appeared skeptical of U.S. President Donald Trump’s argument that a 1977 law historically used for sanctioning enemies or freezing their assets gave him the power to impose tariffs. Regardless of how the court rules, the litigation is almost certainly headed to …

Explainer-What happens next in the US court battle over Trump’s tariffs? Read More »

(Reuters) -Citi raised its gold price forecast over next three months to $3,500 per ounce on Monday from $3,300, and the expected trading range to $3,300–$3,600 from $3,100–$3,500, on the belief that near-term U.S. growth and inflation outlook has deteriorated. “U.S. growth and tariff-related inflation concerns are set to remain elevated during 2H’25, which alongside …

Citi raises gold forecast to $3,500/oz over next 3 months on negative US outlook Read More »

(Reuters) -Goldman Sachs on Sunday reiterated its oil price forecast with Brent averaging $64 per barrel in the fourth quarter of 2025 and $56 in 2026, but expects an increasing range of risks to its baseline estimates from recent developments. “Increasing pressure on Russia and Iran sanctioned oil supply poses an upside risk to our …

Goldman keeps Brent oil forecast, but flags downside risks to demand Read More »