Finance

Top global meatpacker JBS prepares for drop in cattle for slaughter in 2026

Top global meatpacker JBS prepares for drop in cattle for slaughter in 2026

By Roberto Samora SAO PAULO (Reuters) – Brazilian meatpacker JBS is prepared for a likely shift in the country’s cattle cycle that could lead to reduced availability of animals for sl...

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FBI Asks SafeMoon Victims for Info Amid Restitution Efforts

FBI Asks SafeMoon Victims for Info Amid Restitution Efforts

A federal jury’s conviction of SafeMoon CEO Braden John Karony on fraud and money-laundering charges has heightened U.S. scrutiny of token promoters, as the FBI seeks investors defrauded in the co...

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New Zealand economy weaker than expected in second quarter, contracts 0.9%

New Zealand economy weaker than expected in second quarter, contracts 0.9%

By Lucy Craymer WELLINGTON (Reuters) -New Zealand’s economy shrank more than expected in the second quarter as heightened uncertainty around U.S. tariffs and ongoing weakness in the housing...

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‘Pharma bro’ Martin Shkreli is betting against retail traders’ favorite meme stock

‘Pharma bro’ Martin Shkreli is betting against retail traders’ favorite meme stock

Drew Angerer/Getty Images Martin Shkreli is betting against Opendoor stock. Once convicted of securities fraud, Shkreli now focuses primarily on stock trading. He shared a short positi...

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Miran’s Fed dissent makes a splash, fails to sway the outcome

Miran’s Fed dissent makes a splash, fails to sway the outcome

(Reuters) -If President Donald Trump hoped that putting a close ally at the Federal Reserve would grab headlines, White House economic adviser Stephen Miran’s dissent and way-below consensu...

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Dow, S&P 500, Nasdaq futures rise after Fed lowers rates, signals more cuts ahead

Dow, S&P 500, Nasdaq futures rise after Fed lowers rates, signals more cuts ahead

US stock futures rose after the Federal Reserve cut interest rates for the first time this year. Policymakers lowered rates by a quarter percentage point, bringing its benchmark interest rate to ...

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