G7 excluding US discussed their stance on Trump tariffs, Italy says

ROME (Reuters) – The Group of Seven countries, with the exception of the United States, discussed how to respond to U.S. President Donald Trump’s announcement last week of sweeping tariffs, Italy’s economy minister said on Wednesday. “Within the G7 all of us outside the U.S. spoke to try to calm the situation and find a way to bring the Trump administration to the table and to a reasonable position,” Giorgetti told reporters in Rome. He … Read more…

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Musk’s xAI increased Tennessee gas turbines without permits, community groups say

(Reuters) -Elon Musk’s xAI has nearly doubled gas turbines at its Tennessee data center, exceeding previously known figures and surpassing the number for which the company has submitted permits, according to a letter from community groups to the county’s health department. The Southern Environmental Law Center and local groups have called on the health department to cease operating all the turbines till the company complies with the critical Clean Air Act and local protections. Reuters … Read more…

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Magnificent Seven to add more than $1 trillion in value after Trump pauses some tariffs

By Aditya Soni (Reuters) -The “Magnificent Seven” stocks were poised to gain more than $1 trillion in market value on Wednesday after U.S. President Donald Trump approved a 90-day tariff pause, easing pressure on tech giants that had tumbled in recent sessions. Shares of the companies, which include AI chip giant Nvidia, Apple, Tesla and Microsoft, were up between 7.8% and 13%, powering a market rally that pushed the Nasdaq up 8%. The group of … Read more…

Trump administration backs off Nvidia’s H20 chip crackdown after Mar-a-Lago dinner, NPR reports

(Reuters) – The Trump administration has reversed course on plans to restrict exports of Nvidia’s H20 artificial intelligence chips to China after CEO Jensen Huang attended a Mar-a-Lago dinner last week, NPR reported on Wednesday. The planned American export controls on the chips — the most advanced AI processor legally available in China under U.S. export controls — had been in the works for months, NPR reported, citing two sources, and were ready to be … Read more…

Tomorrow’s Market Secrets—Delivered Today

Exclusive Early Insight for Traders & Investors Ready to Get Ahead You’re seeing this before Wall Street reacts. While most investors wait for the headlines to hit tomorrow morning, you’re getting an early look at the key events and data poised to move the markets in the next 48 to 72 hours. Use this advantage to position accordingly. 1. Fed’s Inner Thinking Revealed (April 9, 2PM ET)The Federal Reserve will release minutes from its latest … Read more…

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Tesla Supercharger station damaged in Washington, authorities say

(Reuters) -A Tesla Supercharger station was damaged in Lacey, Washington, on Tuesday, according to local police and the Federal Bureau of Investigation. The impacted Tesla Supercharger station, which is located at 665 Sleater Kinney Road SE in Lacey, comprises 12 Superchargers, each capable of delivering up to 250 kW of power, according to the company’s website. Electrek, which first reported the development, said the “explosion” led to a temporary shutdown of the charging station. Reuters … Read more…

Trump’s NASA pick says agency will prioritize Mars mission

By Joey Roulette and David Shepardson WASHINGTON (Reuters) -President Donald Trump’s pick to lead NASA will tell senators on Wednesday that the agency will prioritize an astronaut mission to Mars, while noting that most U.S. space programs are over budget and behind schedule. “We will prioritize sending American astronauts to Mars. Along the way, we will inevitably have the capabilities to return to the moon and determine the scientific, economic, and national security benefits of … Read more…

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Musk’s DOGE using AI to snoop on U.S. federal workers, sources say

By Alexandra Ulmer, Marisa Taylor, Jeffrey Dastin and Alexandra Alper (Reuters) -Trump administration officials have told some U.S. government employees that Elon Musk’s DOGE team of technologists is using artificial intelligence to surveil at least one federal agency’s communications for hostility to President Donald Trump and his agenda, said two people with knowledge of the matter. While much of Musk’s Department of Government Efficiency remains shrouded in secrecy, the surveillance would mark an extraordinary use … Read more…

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Gold ETFs drew largest inflow in three years in Q1, says WGC

LONDON (Reuters) – Physically backed gold exchange-traded funds (ETFs) registered the largest quarterly inflow in three years in January-March, 2025, data from the World Gold Council (WGC) showed on Tuesday. Investors seeking shelter from political and economic volatility were moving into gold ETFs, which store bullion for investors, in the first quarter. A global trade war, sparked by U.S. President Donald Trump, intensified earlier this month after he announced sweeping tariffs on most U.S. imports, … Read more…

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Trump threatens additional tariffs on China, terminates talks

WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he will impose an additional 50% tariff on China if Beijing does not withdraw its retaliatory tariffs on the United States. “Additionally, all talks with China concerning their requested meetings with us will be terminated! Negotiations with other countries, which have also requested meetings, will begin taking place immediately,” Trump said in a post on Truth Social. (Reporting by Katharine Jackson and Doina Chiacu; Editing … Read more…

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