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Citadel CEO Ken Griffin calls Trump's tariff policies a "huge mistake" that could hinder economic growth. The uncertainty and chaos created by the tariffs make it difficult for businesses to plan long-term and could lead to a decline in investment and innovation.
Published on: February 12, 2025, 12:02 AM UTC
US stocks closed mixed on Tuesday as investors reacted to the latest tariff policy shifts from President Donald Trump and looked ahead to upcoming inflation data.
Published on: February 12, 2025, 12:02 AM UTC
January's Consumer Price Index (CPI) will serve as the latest test of whether inflation has eased, with expectations for headline inflation of 2.9% and a 0.3% increase over the prior month. Core inflation is projected to have climbed 3.1% over last year, marking a decline from December and the lowest level since April 2021.
Published on: February 12, 2025, 12:01 AM UTC
Super Micro Computer (SMCI) stock fluctuates after Q2 earnings miss and SEC filing delay; DOJ probe ongoing, Nasdaq delisting risk averted with extension
Published on: February 12, 2025, 12:01 AM UTC
Asian stocks set to advance as bond yields climb after Federal Reserve Chair Jerome Powell signals patience before cutting interest rates further. Dow Jones, S&P 500, Nasdaq, Hang Seng, Nikkei 225, ASX 200, Bitcoin, gold, oil, currencies, and key events to watch.
Published on: February 12, 2025, 12:01 AM UTC
Multi-manager hedge funds' growth poses financial stability risks as correlated activity and aggressive risk management could lead to a rush for exits during market shocks.
Published on: February 12, 2025, 12:00 AM UTC
First Quantum Minerals Ltd. (FQVLF) exceeds expectations, reports 4Q earnings of $99 million on revenue of $1.26 billion, surpassing Zacks' estimate of $1.15 billion.
Published on: February 11, 2025, 11:06 PM UTC
Fed Chair Powell Assures Treasury Payments Safe, Responds to Musk Access Concerns
Published on: February 11, 2025, 11:04 PM UTC
The growing crisis in the insurance industry may make it hard to get a mortgage in parts of the country in the coming decades, Federal Reserve Chairman Jerome Powell said on Tuesday.
Published on: February 11, 2025, 11:03 PM UTC
Magnificent Seven tech stocks, once market darlings, face headwinds. Meta stands out with double-digit gains, while others lag. Analyst Adam Parker advises reducing exposure due to high valuations, elevated capital spending, and over-ownership.
Published on: February 11, 2025, 11:02 PM UTC