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U.S. stock futures remain stable amid concerns over tech spending, Trump's tariffs, and the Fed's interest rate decision.
Published on: February 06, 2025, 03:01 AM UTC
Bank of Japan’s hawkish board member, Naoki Tamura, indicates potential for multiple interest rate hikes in the upcoming fiscal year to achieve the bank’s inflation target.
Published on: February 06, 2025, 03:01 AM UTC
Mexico's Senate approves Jose Gabriel Cuadra Garcia to the central bank's board, replacing Irene Espinosa. Cuadra, a former Banxico economist, is seen as dovish on interest rates, contrasting with Espinosa's hawkish views. Most economists expect Banxico to cut rates by half a percentage point on Thursday due to cooling inflation and economic slowdown.
Published on: February 06, 2025, 03:00 AM UTC
Yen Surges as Hedge Funds Exit Dollar Trades; BOJ Rate Hike Bets Rise
Published on: February 06, 2025, 03:00 AM UTC
Oil prices steadied in early Asian trading after Saudi Aramco raised March oil prices, steadying from a sell-off the previous day. Brent crude futures rose 0.19%, to $74.75 a barrel, while U.S. West Texas Intermediate crude was up 0.25%, to $71.21 a barrel.
Published on: February 06, 2025, 03:00 AM UTC
Filing taxes in the US can be a complex and time-consuming process, unlike in many other countries where the process is streamlined and often automated. This article explores the reasons behind the US tax system's complexity, including the various credits and deductions available and the influence of special interest groups. It also discusses recent efforts to simplify the tax code and the challenges involved.
Published on: February 06, 2025, 02:01 AM UTC
US stock futures stay steady amid jitters about Big Tech's AI spending and President Trump's economic policies. Alphabet falls on cloud revenue dip, while Nvidia gains on AI spending plans. Ford and Chipotle hit by tariffs, while Fed maintains wait-and-see approach. Gold prices surge to new highs amid trade war uncertainty.
Published on: February 06, 2025, 02:01 AM UTC
Asian markets rise; global markets calm after tariff gyrations
Published on: February 06, 2025, 02:01 AM UTC
ChatGPT maker OpenAI to air its first Super Bowl ad on Sunday, highlighting its AI prowess amid growing competition.
Published on: February 06, 2025, 02:01 AM UTC
Federal Reserve Vice Chair Philip Jefferson believes the central bank should maintain its current policy rate until the full impact of the Trump administration's policies is understood.
Published on: February 06, 2025, 02:00 AM UTC