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Argentina did not discuss $20 billion bailout with banks, minister says

21 Nov 2025

BUENOS AIRES (Reuters) -Argentine officials did not speak with U.S. banks about a $20 billion rescue package, the country’s economy minister, Luis Caputo, said on Friday in a post on social media. Caputo made the comments after the Wall Street Journal reported on Thursday that a planned $20 billion bailout for Argentina from JPMorgan Chase, …

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US cancels release of CPI report for October because of government shutdown

21 Nov 2025

WASHINGTON (Reuters) -The U.S. Bureau of Labor Statistics said on Friday it had canceled the release of October’s consumer price report because the recently ended government shutdown had prevented the collection of data. “BLS is unable to retroactively collect these data. For a few indexes, BLS uses nonsurvey data sources instead of survey data to …

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US manufacturing slows in November as high prices curb demand

21 Nov 2025

By Lucia Mutikani WASHINGTON (Reuters) -U.S. factory activity slowed to a four-month low in November as higher prices because of tariffs on imports restrained demand, leading to a piling up of unsold goods that could hinder growth in the overall economy. Relief for manufacturers is unlikely to come soon as the University of Michigan’s Surveys …

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First SpaceX booster for upgraded Starship fails during test in Texas

21 Nov 2025

By Joey Roulette WASHINGTON (Reuters) -A towering first-stage booster for an upgraded version of SpaceX’s Starship rocket suffered a predawn testing failure in Texas on Friday, potentially complicating the company’s push to prove the rocket’s moon-landing abilities for NASA, according to observers who captured it on video. Elon Musk’s SpaceX had rolled the upgraded stainless …

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Exclusive-Glass Lewis mulls US investment adviser registration, could ease criticism

21 Nov 2025

By Ross Kerber (Reuters) -A top Glass Lewis executive said the firm may register itself as a U.S. investment adviser, which would subject it to more regulation but potentially assuage criticism from corporate executives and Republican politicians over its proxy voting recommendations. “We’re seriously considering registration as an investment adviser” with the Securities and Exchange …

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Brazil fears losing US market share in instant coffee after Trump maintains tariffs

21 Nov 2025

SAO PAULO (Reuters) -Brazil risks losing its market share in instant coffee sales in the U.S. after President Donald Trump retained 50% tariffs on the product while cutting duties for green coffee, the Brazilian Instant Coffee Association said on Friday. On Thursday, Trump removed his 40% tariffs on Brazilian food products, including beef and green coffee …

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Williams’ comments boost odds of a Fed cut, though policy hawks remain adamant

21 Nov 2025

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -Comments from a top U.S. Federal Reserve official on Friday that interest rates can fall “in the near term” boosted the likelihood of a rate cut at the Fed’s December 9-10 meeting, even as other policymakers insisted borrowing costs should remain steady for now to ensure inflation …

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Elon Musk’s X down for thousands of US users, Downdetector shows

21 Nov 2025

(Reuters) -Elon Musk’s X was down for thousands of users in the United States on Friday, Downdetector.com showed. There were more than 13,900 reports of issues with the social media platform, as of 10:54 a.m. ET, according to the website that tracks outages by collating status reports from a number of sources. Earlier this week, …

Elon Musk’s X down for thousands of US users, Downdetector shows Read More »

Analysis-Jitters over AI spending set to grow as US tech giants flood bond market ​

21 Nov 2025

By Davide Barbuscia NEW YORK (Reuters) -Investors are growing uneasy that the rapid rise in public debt used to bankroll AI investments could strain the U.S. corporate bond market and eventually dampen the appeal of tech stocks, despite leverage across most major companies remaining low for now. Big tech firms are turning aggressively to the …

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Paramount, Comcast and Netflix submit bids for Warner Bros Discovery, source says

21 Nov 2025

By Dawn Chmielewski and Dawn Kopecki (Reuters) -Warner Bros Discovery has received preliminary buyout bids from rivals Paramount Skydance, Comcast and Netflix, a source familiar with the matter said on Thursday, kicking off a potential sale of the century-old Hollywood studio. The bids set the stage for a significant consolidation in the media industry and …

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