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US Treasury Secretary Scott Bessent warns of underlying fragility in the economy due to interest rate volatility, inflation, and government-sector job growth.
Published on: February 25, 2025, 05:05 PM UTC
Apple shareholders vote down proposal to end diversity programs
Published on: February 25, 2025, 05:05 PM UTC
BP to Divest Lubricants Business, Abandon Oil and Gas Output Cuts Amid Activist Pressure
Published on: February 25, 2025, 05:04 PM UTC
Congress establishes new committee to review Federal Reserve interest rate decisions and inflation goals.
Published on: February 25, 2025, 05:04 PM UTC
Italy seeks $13 million from Elon Musk's X in tax probe, mirroring Meta case.
Published on: February 25, 2025, 05:04 PM UTC
President Trump suggests "economic development" with Russia as part of ongoing Ukraine peace talks, potentially involving rare earth minerals.
Published on: February 25, 2025, 05:03 PM UTC
JPMorgan Chase CEO Jamie Dimon regrets cursing at employees but maintains stance on returning to office; discusses changes to DEI policies.
Published on: February 25, 2025, 05:03 PM UTC
The market is trading near record highs, but concerning economic trends suggest a slowdown. Economic growth is slowing, the consumer is softening, housing is weak, and government spending is slowing. The Fed's pause in rate cuts, in a slowing economy, is de facto raising rates. Long-term rates and stocks are expected to fall.
Published on: February 25, 2025, 05:03 PM UTC
Starbucks stock has been on a hot streak, but Jefferies analyst Andy Barish says it's time to book profits. Barish cites concerns about same-store sales, margin gains, and earnings growth. He also notes that Starbucks has pulled back on guidance and is cutting costs.
Published on: February 25, 2025, 05:02 PM UTC
House Republicans push for a budget resolution to accommodate Trump's tax cuts despite deficit concerns, facing opposition from both deficit hawks and moderate GOP members.
Published on: February 25, 2025, 05:02 PM UTC