Stay updated with the latest fintech market trends, insights, and analysis. Explore breaking news, market movements, and expert opinions to make informed decisions in the ever-evolving financial technology landscape
Private equity and hedge fund financiers urge Trump to keep lower capital gains tax rate
Published on: February 07, 2025, 03:01 PM UTC
Minneapolis Fed President Neel Kashkari says strong labor market data and cooling inflation suggest the Fed may lower rates modestly by year-end.
Published on: February 07, 2025, 03:00 PM UTC
The US labor market remained resilient in January, with unemployment falling to a post-pandemic low of 4%, wage growth exceeding expectations, and revisions to job gains adding strength to the market. Despite a slowdown in job openings, other indicators like hiring and quits rates remained stable. The data suggests a "broadly stable" labor market, as described by Fed Chair Powell, with low hiring but strong job security and wage growth.
Published on: February 07, 2025, 02:04 PM UTC
Top-performing US blue-chip bond funds in 2024 share their winning strategies: investing in debt from riskier blue-chip companies and firms capable of handling economic turbulence while avoiding corporations sensitive to interest-rate risk.
Published on: February 07, 2025, 02:04 PM UTC
Google is reversing its diversity hiring targets, following scrutiny from Washington. Meanwhile, other tech giants like Apple and Microsoft maintain their DEI initiatives.
Published on: February 07, 2025, 02:03 PM UTC
Trump Targets Hedge Fund Tax Break in Talk With GOP Lawmakers
Published on: February 07, 2025, 02:03 PM UTC
US stock futures edged lower as investors digested a highly anticipated monthly jobs report and Amazon's disappointing revenue outlook.
Published on: February 07, 2025, 02:02 PM UTC
Amazon shares fell 3% premarket after mixed Q1 guidance and a massive capex plan for AI infrastructure. Despite the miss on revenue estimates, analysts remain bullish due to AWS growth, aggressive capex spending, and a solid quarter overall.
Published on: February 07, 2025, 02:02 PM UTC
Super Bowl LIX set to boost sales for biggest restaurant chains, from Domino's and Wingstop to Molson Coors and Mondelēz, as chicken wing consumption hits record high.
Published on: February 07, 2025, 02:01 PM UTC
Fed rate cuts still seen coming as unemployment drops
Published on: February 07, 2025, 02:00 PM UTC