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US FEMA resumes key disaster prevention program that it canceled last year
By Kanishka Singh WASHINGTON, March 25 (Reuters) - The U.S. Federal Emergency Management Agency said on Wednesday it was resuming a disaster prevention program it canceled last year and reopening it t...
Thomson Reuters Mar 25, 2026
Iron ore, LNG ports in Australia's Pilbara mining hub close as cyclone strikes
SYDNEY, March 26 (Reuters) - Key iron ore and liquefied natural gas (LNG) ports in Western Australia were closed on Thursday as a tropical cyclone struck off the coast of the resources rich Pilbara re...
Thomson Reuters Mar 25, 2026
Nvidia-backed Reflection AI eyes $25 billion valuation, WSJ reports
March 25 (Reuters) - Nvidia-backed startup Reflection AI is in talks to raise $2.5 billion at a valuation of $25 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the...
Thomson Reuters Mar 25, 2026
Stocks slide, oil gains with Mideast ceasefire prospects centre stage
By Ankur Banerjee SINGAPORE, March 26 (Reuters) - Asian stocks slid in choppy trading while the oil rose on Thursday as investors treaded cautiously amid the dizzying pace of developments in the Middl...
Thomson Reuters Mar 25, 2026
Nanya Technology shares surge 10% after $2.5 billion fundraising
By Faith Hung and Wen-Yee Lee TAIPEI, March 26 (Reuters) - Shares of Taiwanese memory chip maker Nanya Technology opened limit-up 10% on Thursday after raising about $2.5 billion in a private placemen...
Thomson Reuters Mar 25, 2026
Trump's tariffs had little impact on GDP in 2025, but raised revenue, academic paper finds
WASHINGTON, March 25 (Reuters) - U.S. President Donald Trump's barrage of tariffs last year had only a minimal impact on U.S. economic output but raised significant federal revenue and contributed to ...
Thomson Reuters Mar 25, 2026
Brookings Institution paper charts path toward smaller Fed balance sheet
March 25 (Reuters) - If the Federal Reserve truly wants a smaller balance sheet, it can get there with regulatory changes, tweaks to the payment system and more frequent market interventions by the ce...
Thomson Reuters Mar 25, 2026
Worker sues Valero over Texas refinery explosion
By Erwin Seba HOUSTON, March 25 (Reuters) - A man who said he was injured in an explosion at Valero Energy's Port Arthur, Texas refinery on Monday night filed a lawsuit on Wednesday in a state distric...
Thomson Reuters Mar 25, 2026
Hyundai Motor aims to double China sales, launch 36 new models in North America
By Heekyong Yang and Joyce Lee SEOUL, March 26 (Reuters) - Hyundai Motor on Thursday said it would seek to more than double its China sales in the medium term and it planned to launch 36 new models in...
Thomson Reuters Mar 25, 2026
Japan's corporate service inflation perks up in February
TOKYO, March 26 (Reuters) - A key gauge of Japan's service-sector inflation rose 2.7% in February from a year earlier, data showed on Thursday, reinforcing the central bank's view that a tight labour ...
Thomson Reuters Mar 25, 2026
Peoria, IL, USA
52 °F Fog
