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US stock futures gain after inflation report as investors await earnings and PPI data.
Published on: February 13, 2025, 01:00 AM UTC
Inflation rose more than expected in January, with core prices continuing to show strength. The Federal Reserve is likely to remain cautious in its policy outlook amid the elevated inflation readings.
Published on: February 13, 2025, 12:03 AM UTC
Reddit Q4 earnings miss estimates; stock falls after hours despite revenue beat and strong guidance
Published on: February 13, 2025, 12:02 AM UTC
President Trump's tariffs face skepticism from Yahoo Finance audience, who largely expect higher prices and economic damage.
Published on: February 13, 2025, 12:02 AM UTC
A hotter-than-expected January inflation report triggered a selloff in US stocks, as the Federal Reserve is likely to maintain its interest rate hiking path. Tech stocks remained resilient, with Tesla leading the Nasdaq Composite into positive territory. Earnings results from companies like Kraft Heinz, CVS Health, Reddit, and Robinhood provided mixed signals for the market. Economic data released on Wednesday revealed a rise in consumer inflation, housing inflation, and used car prices. Fed Chair Jerome Powell stated that the interest rate path remains uncertain, while President Trump dismissed the inflation report as "Biden inflation" and called for lower rates. Investors are awaiting the latest Consumer Price Index (CPI) data for further clues on the Fed's monetary policy.
Published on: February 13, 2025, 12:02 AM UTC
Egg prices hit a record high and are set to climb further as bird flu decimates flocks. Despite this, shoppers pay $4.95 for a dozen large eggs due to grocers absorbing the increased costs to maintain affordability. Grocers implement strategies like promotions and loyalty programs to offset losses and keep shelves stocked.
Published on: February 13, 2025, 12:01 AM UTC
Trump administration's proposed cuts to NIH funding spark concerns about trickle-down effects on drug research and healthcare innovation.
Published on: February 13, 2025, 12:01 AM UTC
Oil dips amid talk of Trump-Putin Ukraine talks easing Russian supply risks
Published on: February 13, 2025, 12:00 AM UTC
Crane NXT reported fourth-quarter profit of $57.6 million, matching Wall Street expectations of $1.20 per share. Full-year earnings are expected to be between $4 and $4.30 per share.
Published on: February 12, 2025, 11:08 PM UTC
MKS Instruments Inc. (MKSI) reported fourth-quarter profit of $90 million. Earnings, adjusted for one-time gains and costs, came to $2.15 per share. Revenue was $935 million in the period.
Published on: February 12, 2025, 11:07 PM UTC