Pooja Desai
@pooja-desai.bsky.social
She/her • Work @Reuters.com • https://www.reuters.com/ • Opinions my own, not my employer’s
Goldman Sachs raised the odds of a U.S. recession to 45% from 35%, the second time it has increased its forecast in a week, amid a growing chorus of such predictions by investment banks due to an escalating trade war.
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Goldman Sachs raises odds of US recession to 45%
Goldman Sachs has raised the odds of a U.S. recession to 45% in the next 12 months, joining other investment banks in revising their forecast as fears of a trade war grip markets after sweeping tariffs from U.S. President Donald Trump.
www.reuters.com
April 7, 2025 at 3:02 PM
Goldman Sachs raised the odds of a U.S. recession to 45% from 35%, the second time it has increased its forecast in a week, amid a growing chorus of such predictions by investment banks due to an escalating trade war.
www.reuters.com/markets/us/g...
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Reposted by Pooja Desai
BREAKING: Elon Musk said that his xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for $45 billion, including debt reut.rs/43Znkp9
Musk's xAI buys social media platform X for $45 billion
Elon Musk said on Friday that his xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for $45 billion, including debt.
reut.rs
March 28, 2025 at 9:40 PM
BREAKING: Elon Musk said that his xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for $45 billion, including debt reut.rs/43Znkp9
Musk's xAI buys social media platform X for $45 billion
Elon Musk said on Friday that his xAI has acquired X, formerly known as Twitter, in an all-stock transaction for $45 billion, including debt.
The combined company would be valued at $80 billion, he said.
www.reuters.com/markets/deal...
Elon Musk said on Friday that his xAI has acquired X, formerly known as Twitter, in an all-stock transaction for $45 billion, including debt.
The combined company would be valued at $80 billion, he said.
www.reuters.com/markets/deal...
Musk's xAI buys social media platform X for $45 billion
Elon Musk said on Friday that his xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for $45 billion, including debt.
www.reuters.com
March 28, 2025 at 9:44 PM
Musk's xAI buys social media platform X for $45 billion
Elon Musk said on Friday that his xAI has acquired X, formerly known as Twitter, in an all-stock transaction for $45 billion, including debt.
The combined company would be valued at $80 billion, he said.
www.reuters.com/markets/deal...
Elon Musk said on Friday that his xAI has acquired X, formerly known as Twitter, in an all-stock transaction for $45 billion, including debt.
The combined company would be valued at $80 billion, he said.
www.reuters.com/markets/deal...
U.S. stock index futures rose on Friday, signaling a pause from a week-long selloff triggered by fears of a growth slowdown due to the Trump administration's erratic trade policies, while gold stocks surged as the precious metal breached the $3,000 level.
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www.reuters.com/markets/us/f...
Futures rise after turbulent week, gold stocks surge as prices hit $3000
U.S. stock index futures rose on Friday, signaling a pause from a week-long selloff triggered by fears of a growth slowdown due to the Trump administration's erratic trade policies, while gold stocks surged as the precious metal breached the $3,000 level.
www.reuters.com
March 14, 2025 at 12:27 PM
U.S. stock index futures rose on Friday, signaling a pause from a week-long selloff triggered by fears of a growth slowdown due to the Trump administration's erratic trade policies, while gold stocks surged as the precious metal breached the $3,000 level.
www.reuters.com/markets/us/f...
www.reuters.com/markets/us/f...
Wall Street's main indexes fell to touch a more than one-month low on Tuesday after fresh economic data indicated consumer mood was deteriorating and investors braced for a possible fallout from tighter U.S. trade controls on Beijing.
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www.reuters.com/markets/us/f...
Nasdaq touches over one-month low after weak consumer sentiment data
The tech-heavy Nasdaq led Wall Street declines on Tuesday, hitting a six-week low after fresh economic data indicated a deterioration in consumer sentiment and investors braced for the potential impact of tighter U.S. trade curbs on Beijing.
www.reuters.com
February 25, 2025 at 6:47 PM
Wall Street's main indexes fell to touch a more than one-month low on Tuesday after fresh economic data indicated consumer mood was deteriorating and investors braced for a possible fallout from tighter U.S. trade controls on Beijing.
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www.reuters.com/markets/us/f...
Goldman Sachs economists estimate that if the latest trade tariffs announced by U.S. President Donald Trump after assuming office in his second term are sustained, they could take a significant chunk out of Corporate America's bottom line.
www.reuters.com/business/fin...
www.reuters.com/business/fin...
Goldman Sachs flags up to 3% hit to its S&P 500 earnings forecasts from Trump's tariffs
Goldman Sachs economists estimate that if the latest trade tariffs announced by U.S. President Donald Trump after assuming office in his second term are sustained, they could take a significant chunk out of Corporate America's bottom line.
www.reuters.com
February 3, 2025 at 12:52 PM
Goldman Sachs economists estimate that if the latest trade tariffs announced by U.S. President Donald Trump after assuming office in his second term are sustained, they could take a significant chunk out of Corporate America's bottom line.
www.reuters.com/business/fin...
www.reuters.com/business/fin...
Shares of automakers and megacap tech stocks bore the brunt of a wider equity pullback on Monday after U.S. President Donald Trump ordered sweeping tariffs against Mexico, Canada and China, sparking fears of a global trade war that could hit growth.
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www.reuters.com/markets/us/t...
Trade war fears roil shares of US auto majors, Big Tech after Trump tariffs
Shares of automakers and megacap tech stocks bore the brunt of a wider equity pullback on Monday after U.S. President Donald Trump ordered sweeping tariffs against Mexico, Canada and China, sparking fears of a global trade war that could hit growth.
www.reuters.com
February 3, 2025 at 12:51 PM
Shares of automakers and megacap tech stocks bore the brunt of a wider equity pullback on Monday after U.S. President Donald Trump ordered sweeping tariffs against Mexico, Canada and China, sparking fears of a global trade war that could hit growth.
www.reuters.com/markets/us/t...
www.reuters.com/markets/us/t...
If you’re a journalist, I recommend reading In Cold Blood, Truman Capote’s 1967 non-fiction book on the murders of a family in Kansas. Be mindful that it was banned at least twice for its language and gory descriptions of violence. There’s also an eponymously titled film on Capote.
February 1, 2025 at 10:44 AM
If you’re a journalist, I recommend reading In Cold Blood, Truman Capote’s 1967 non-fiction book on the murders of a family in Kansas. Be mindful that it was banned at least twice for its language and gory descriptions of violence. There’s also an eponymously titled film on Capote.
The S&P 500 was muted on Thursday as losses in tech heavyweights Microsoft and Nvidia countered earnings-led gains for Meta and Tesla, while investors parsed a slew of corporate earnings a day after the U.S. central bank held interest rates steady.
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www.reuters.com/markets/us/m...
S&P 500 flat as declines in Microsoft, Nvidia offset other tech gains
The S&P 500 was muted on Thursday as losses in tech heavyweights Microsoft and Nvidia countered earnings-led gains for Meta and Tesla, while investors parsed a slew of corporate earnings a day after the U.S. central bank held interest rates steady.
www.reuters.com
January 30, 2025 at 5:14 PM
The S&P 500 was muted on Thursday as losses in tech heavyweights Microsoft and Nvidia countered earnings-led gains for Meta and Tesla, while investors parsed a slew of corporate earnings a day after the U.S. central bank held interest rates steady.
www.reuters.com/markets/us/m...
www.reuters.com/markets/us/m...
Short sellers of artificial intelligence-related stocks raked in bumper profits after the smashing debut of low-cost AI models from China's DeepSeek spooked Wall Street, with bets against Nvidia yielding record profits totaling more than $6 billion.
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www.reuters.com/markets/nvid...
Nvidia short bets rake in over $6 billion in profits after DeepSeek panic
Short sellers of artificial intelligence-related stocks raked in bumper profits after the smashing debut of low-cost AI models from China's DeepSeek spooked Wall Street, with bets against Nvidia yielding record profits totaling more than $6 billion.
www.reuters.com
January 28, 2025 at 5:01 PM
Short sellers of artificial intelligence-related stocks raked in bumper profits after the smashing debut of low-cost AI models from China's DeepSeek spooked Wall Street, with bets against Nvidia yielding record profits totaling more than $6 billion.
www.reuters.com/markets/nvid...
www.reuters.com/markets/nvid...
Negotiators reached a deal on Wednesday for a ceasefire in the Gaza war between Israel and Hamas, an official briefed on the negotiations told Reuters, after 15 months of conflict that has killed tens of thousands of Palestinians and inflamed the Middle East.
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www.reuters.com/world/middle...
Gaza ceasefire appears close as US, Egyptian leaders put focus on 'coming hours'
Negotiators were near to hammering out the final details of a ceasefire in Gaza on Wednesday after marathon talks in Qatar, and the U.S. and Egyptian leaders promised to stay in close contact about a deal over the coming hours.
www.reuters.com
January 15, 2025 at 5:22 PM
Negotiators reached a deal on Wednesday for a ceasefire in the Gaza war between Israel and Hamas, an official briefed on the negotiations told Reuters, after 15 months of conflict that has killed tens of thousands of Palestinians and inflamed the Middle East.
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www.reuters.com/world/middle...
Wall Street's main indexes soared on Wednesday, with the benchmark S&P 500 touching a one-week high, driven by lower-than-expected December core inflation data and robust quarterly earnings from major U.S. banks.
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www.reuters.com/markets/us/f...
SNAPSHOT Wall St opens higher after inflation data, strong bank earnings
Wall Street's main indexes opened higher on Wednesday, as data showed core inflation rose less than expected in December and investors cheered a strong batch of quarterly results from the biggest U.S. banks.
www.reuters.com
January 15, 2025 at 5:21 PM
Wall Street's main indexes soared on Wednesday, with the benchmark S&P 500 touching a one-week high, driven by lower-than-expected December core inflation data and robust quarterly earnings from major U.S. banks.
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www.reuters.com/markets/us/f...
U.S. stock index futures fell on Monday as yields surged after robust payroll numbers released the previous week spurred bets that the Federal Reserve will maintain a hawkish stance for most of 2025.
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www.reuters.com/markets/us/f...
Futures slide as investors bet on no Fed rate cuts in 2025; yields climb
U.S. stock index futures fell on Monday as yields surged after robust payroll numbers released the previous week spurred bets that the Federal Reserve will maintain a hawkish stance for most of 2025.
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January 13, 2025 at 11:49 AM
U.S. stock index futures fell on Monday as yields surged after robust payroll numbers released the previous week spurred bets that the Federal Reserve will maintain a hawkish stance for most of 2025.
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www.reuters.com/markets/us/f...
U.S. President-elect Donald Trump's donor Omeed Malik's blank-check firm will merge with GrabAGun, an online retailer of firearms, ammunition and gun accessories, in a deal valued at $150 million, the companies said on Monday.
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www.reuters.com/markets/deal...
Trump backer Omeed Malik's SPAC to merge with retailer GrabAGun in $150 million deal
U.S. President-elect Donald Trump's donor Omeed Malik's blank-check firm will merge with GrabAGun, an online retailer of firearms, ammunition and gun accessories, in a deal valued at $150 million, the companies said on Monday.
www.reuters.com
January 6, 2025 at 4:47 PM
U.S. President-elect Donald Trump's donor Omeed Malik's blank-check firm will merge with GrabAGun, an online retailer of firearms, ammunition and gun accessories, in a deal valued at $150 million, the companies said on Monday.
www.reuters.com/markets/deal...
www.reuters.com/markets/deal...
Reposted by Pooja Desai
Moreover, many children who die of causes related to malnutrition likely don’t die in the hospital, where doctors could record the cause of death reut.rs/49WObmM 5/5
December 31, 2024 at 2:55 PM
Moreover, many children who die of causes related to malnutrition likely don’t die in the hospital, where doctors could record the cause of death reut.rs/49WObmM 5/5
Reposted by Pooja Desai
In addition, those injured in war zones may succumb to infections they would otherwise survive if the lack of proper nutrients hadn’t weakened their immune systems, doctors say. In such cases, malnutrition may not be recorded as the cause of death even if it played a role 4/5
December 31, 2024 at 2:55 PM
In addition, those injured in war zones may succumb to infections they would otherwise survive if the lack of proper nutrients hadn’t weakened their immune systems, doctors say. In such cases, malnutrition may not be recorded as the cause of death even if it played a role 4/5
Reposted by Pooja Desai
Amid relentless Israeli bombing and movement restrictions, IPC analysts struggle to access key data on acute malnutrition and deaths unrelated to violence, metrics that are vital to determine if starvation has technically risen to the level of a famine 3/5
December 31, 2024 at 2:55 PM
Amid relentless Israeli bombing and movement restrictions, IPC analysts struggle to access key data on acute malnutrition and deaths unrelated to violence, metrics that are vital to determine if starvation has technically risen to the level of a famine 3/5
Reposted by Pooja Desai
Hunger has taken hold, and the IPC has repeatedly found that Gaza's proportion of people experiencing an extreme lack of food is the highest it has seen anywhere in the world 2/5
December 31, 2024 at 2:55 PM
Hunger has taken hold, and the IPC has repeatedly found that Gaza's proportion of people experiencing an extreme lack of food is the highest it has seen anywhere in the world 2/5
Reposted by Pooja Desai
Since October 2023, when Israel launched its military operation after attacks by Hamas, almost 2 million residents of Gaza have been displaced reut.rs/49WObmM 1/5
December 31, 2024 at 2:55 PM
Since October 2023, when Israel launched its military operation after attacks by Hamas, almost 2 million residents of Gaza have been displaced reut.rs/49WObmM 1/5
A REUTERS SPECIAL REPORT
As Gaza suffers, hunger watchdog refrains from using the F word: famine
www.reuters.com/investigates...
As Gaza suffers, hunger watchdog refrains from using the F word: famine
www.reuters.com/investigates...
As Gaza suffers, hunger watchdog avoids using the F word: famine
Many say Gaza is in famine. But the war makes it hard for the world hunger monitor to conclude if Gaza meets the criteria. Is it time to change the definition?
www.reuters.com
December 30, 2024 at 7:34 PM
A REUTERS SPECIAL REPORT
As Gaza suffers, hunger watchdog refrains from using the F word: famine
www.reuters.com/investigates...
As Gaza suffers, hunger watchdog refrains from using the F word: famine
www.reuters.com/investigates...
Reposted by Pooja Desai
Despite widespread reports of starvation, the world’s hunger watchdog, the IPC, has repeatedly stopped short of determining that conditions in Gaza constitute a famine. In part, that may be as analysts have struggled to get access to key data reut.rs/49WObmM
December 30, 2024 at 12:21 PM
Despite widespread reports of starvation, the world’s hunger watchdog, the IPC, has repeatedly stopped short of determining that conditions in Gaza constitute a famine. In part, that may be as analysts have struggled to get access to key data reut.rs/49WObmM
Starbucks workers' union goes on strike in US cities as talks hit impasse
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www.reuters.com/business/ret...
Starbucks workers' union to strike in LA, Chicago, Seattle before Christmas
Workers United, representing employees at 525 Starbucks stores across the United States, said that walkouts are expected to escalate daily.
www.reuters.com
December 20, 2024 at 8:24 PM
Starbucks workers' union goes on strike in US cities as talks hit impasse
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www.reuters.com/business/ret...
Reposted by Pooja Desai
Helicopters and divers scoured the waters off India's financial capital of Mumbai in a search for survivors of a freak boat accident that killed at least 13 people a day earlier, three navy personnel among them, officials said reut.rs/4fqLE5z
Divers, helicopters hunt survivors of Mumbai boat accident that killed 13
Helicopters and divers scoured the waters off India's financial capital of Mumbai on Thursday in a search for survivors of a freak boat accident that killed at least 13 people a day earlier, three navy personnel among them, officials said.
reut.rs
December 19, 2024 at 8:50 AM
Helicopters and divers scoured the waters off India's financial capital of Mumbai in a search for survivors of a freak boat accident that killed at least 13 people a day earlier, three navy personnel among them, officials said reut.rs/4fqLE5z
Reposted by Pooja Desai
BREAKING: The Federal Reserve cut interest rates and signaled it will slow the pace at which borrowing costs fall any further given a relatively stable unemployment rate and little recent improvement in inflation reut.rs/3VNb32h
US Federal Reserve interest rate decision live - cut expected
The incoming Trump administration adds uncertainty to the central bank's outlook.
reut.rs
December 18, 2024 at 7:03 PM
BREAKING: The Federal Reserve cut interest rates and signaled it will slow the pace at which borrowing costs fall any further given a relatively stable unemployment rate and little recent improvement in inflation reut.rs/3VNb32h
