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US yields and stocks fluctuate as chair reiterates Fed in no rush to cut rates, but Powell's testimony before Senate Banking Committee sees markets little changed.
Published on: February 11, 2025, 05:04 PM UTC
January brings surprises as Wall Street adjusts to Trump 2.0, with slower dealmaking and political pressure on big banks.
Published on: February 11, 2025, 05:03 PM UTC
Big Tech Spending Spree on AI Signals Strength for Stock Market: Arm CEO Haas
Published on: February 11, 2025, 05:03 PM UTC
A rate hike from the Federal Reserve could come as a shock to the markets this summer, as the US economy is already running at a healthy 3% Gross Domestic Product (GDP) growth pace, supported by high stock prices and strong spending. If inflation accelerates as tariffs take hold, the first rate hike from the Fed could come at its mid-June meeting. More may follow, which could surprise a market that has settled into the view of the Fed standing pat on rates this year.
Published on: February 11, 2025, 05:03 PM UTC
Fed Chair Powell Reassures on Interest Rates; Inflation Remains a Concern Amidst Fed Policy Review
Published on: February 11, 2025, 05:02 PM UTC
Apple's Powerbeats Pro 2 earbuds debut with heart rate monitoring, improved audio, and longer battery life. Learn more about their features, compatibility, and price.
Published on: February 11, 2025, 05:02 PM UTC
Tesla shares plunge on weak sales, Trump trade war fears
Published on: February 11, 2025, 05:01 PM UTC
US stocks slide amid tariff uncertainty and Powell testimony
Published on: February 11, 2025, 05:01 PM UTC
UK Sells Record £13 Billion in 10-Year Bonds Amidst High Demand, Reflecting Yield-Seeking Investors
Published on: February 11, 2025, 05:01 PM UTC
Oil gains on signs US sanctions hinder Russian crude supplies, with WTI rising to nearly $73 a barrel as sanctions impact Russian output and Chinese refiners seek Russian crude at larger discounts.
Published on: February 11, 2025, 04:04 PM UTC