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Stock futures fluctuate, reflecting bets of steady rates from the Federal Reserve after stronger-than-predicted inflation data. Producer price index rises 0.4% in January, pointing to stalled inflation progress. Goldman Sachs warns of a potential bearish outlook for US equities. Key market data and events are presented for stocks, currencies, cryptocurrencies, bonds, and commodities.
Published on: February 13, 2025, 02:04 PM UTC
Wholesale prices in the US unexpectedly rose in January, indicating a pause in the progress against inflation. Core producer prices, excluding food and energy, also increased, casting doubt on expectations for lower interest rates in 2025.
Published on: February 13, 2025, 02:04 PM UTC
US weekly jobless claims fall, labor market remains stable
Published on: February 13, 2025, 02:03 PM UTC
Apple is reportedly preparing to launch a new iPhone SE with Apple Intelligence, partnering with Alibaba for its rollout in China. Despite market optimism, one analyst remains cautious, citing the device's potential limitations and declining smartphone sales in China.
Published on: February 13, 2025, 02:03 PM UTC
Egg prices soar to record highs, but grocery stores keep them artificially low to entice shoppers. Retailers use loyalty programs, limit egg purchases, and cut back on promotions to make up for losses. Despite these efforts, egg prices are expected to continue rising as the avian flu decimates flocks and Easter demand approaches.
Published on: February 13, 2025, 02:03 PM UTC
US stock futures inch higher as markets weigh tariff 'big one' and inflation data
Published on: February 13, 2025, 02:02 PM UTC
The stock market is jittery about inflation, but there hasn't been a real sell-off. Economists are divided on whether the Fed will cut or hike rates this year.
Published on: February 13, 2025, 02:02 PM UTC
Ahead of India's prime minister's meeting with President Trump, there are discussions about new tariffs and other potential trade issues between the two countries.
Published on: February 13, 2025, 02:01 PM UTC
U.S producer prices increased solidly in January, strengthening market views that the Federal Reserve would not be cutting interest rates before the second half of the year. The producer price index for final demand rose 0.4% last month after an upwardly revised 0.5% gain in December.
Published on: February 13, 2025, 02:01 PM UTC
S&P Global warns that an unprecedented US withdrawal from the World Bank and other top multilateral lenders would damage their triple-A credit ratings.
Published on: February 13, 2025, 01:10 PM UTC