Market

Bond traders defer interest rate cut expectations to December as US inflation surpasses forecasts.

Published on: February 12, 2025, 05:04 PM UTC

Super Micro stock surges as tech company plans to avoid Nasdaq delisting, outlines $40 billion revenue goal for 2026.

Published on: February 12, 2025, 05:03 PM UTC

Inflation is hitting shoppers' wallets, with key staples like eggs, orange juice, and coffee seeing significant price increases. Avian influenza has reduced egg production, while hurricanes and citrus greening have affected orange juice. Coffee prices are also on the rise due to weather events and supply chain issues.

Published on: February 12, 2025, 05:02 PM UTC

Hotter-than-expected inflation pushes Fed toward holding rates, defying expectations of cuts in 2025.

Published on: February 12, 2025, 05:02 PM UTC

Intel stock rose 3% after Vice President JD Vance's bullish comments about domestic chip manufacturing. Intel is the only large-scale American leading-edge foundry for computer chips, making it a key player in US AI chip production.

Published on: February 12, 2025, 05:01 PM UTC

Inflation slowed in January, but core prices surged, dashing hopes for a quick return to the Federal Reserve's 2% target. The CPI rose 3% year-over-year, with core prices climbing 3.3%, driven by shelter and services costs. Used car prices also contributed to the increase. The data complicates the Fed's path forward for interest rates, with economists expecting a bumpy road ahead.

Published on: February 12, 2025, 05:01 PM UTC

Geopolitical tensions are reshaping global trade patterns, with economies increasingly trading more with geopolitically aligned partners and less with rivals, according to a new report from the McKinsey Global Institute. The analysis examines trade data through 2024 and shows that the United States and China are at the center of this realignment.

Published on: February 12, 2025, 05:01 PM UTC

Tariffs threaten to increase car insurance prices by driving up the cost of auto parts and repairs. But the impact may take years to appear in premium rates due to the slow insurance pricing cycle.

Published on: February 12, 2025, 04:04 PM UTC

Intel stock jumps 3% on bullish comments about domestic chip manufacturing from Vice President JD Vance, but faces challenges in catching up to rivals TSMC and Samsung in AI chip production.

Published on: February 12, 2025, 04:04 PM UTC

Consumer prices increased more than expected in January, driven by higher energy costs and persistent inflation in food. Core prices, excluding food and energy, also rose. The data reinforces the Fed's focus on bringing inflation down to its 2% target.

Published on: February 12, 2025, 04:04 PM UTC