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UK investors withdrew £640 million from equity funds in January, ending a long run of inflows, with UK-focused funds suffering their sixth-biggest monthly net withdrawals on record.
Published on: February 05, 2025, 09:02 AM UTC
US stocks rose on Tuesday, led by Big Tech companies, as investors assessed China's immediate retaliation to President Trump's additional tariffs and the potential risks of a trade war. Traders also considered new jobs data, which showed a larger-than-expected decline in job openings in December. Investors continue to watch for signs of a cooling labor market as the Federal Reserve considers future interest rate cuts amid persistent inflation.
Published on: February 05, 2025, 09:02 AM UTC
A 10% jump in the cost of purchases that represent less than 2% of GDP shouldn’t upend the US economy. Except that President Donald Trump is imposing this tariff “pain” on American consumers at a time of extraordinary sensitivity to price hikes.
Published on: February 05, 2025, 09:02 AM UTC
Trump's latest tariffs target Chinese merchandise and close the de minimis exemption, potentially costing consumers billions and hitting low-income households hardest.
Published on: February 05, 2025, 09:01 AM UTC
US stock futures fall as trade war escalates; Alphabet, AMD earnings disappoint; Disney earnings eyed
Published on: February 05, 2025, 09:01 AM UTC
The SEC is reviewing the classification of cryptocurrencies as securities and considering retroactive relief for past token offerings. The White House's Crypto Task Force aims to provide temporary relief under certain conditions and evaluate digital assets' legal status.
Published on: February 05, 2025, 09:00 AM UTC
Chinese stocks fell as investors responded to heightened trade tensions upon their return from a week-long holiday. The CSI 300 Index dropped 0.6% on Wednesday, its first trading session after the Lunar New Year holiday. The Hang Seng China Enterprises Index slumped about 1% following a 3.5% jump in the previous session.
Published on: February 05, 2025, 09:00 AM UTC
Snap reports positive impacts from TikTok uncertainty, with user growth and revenue increase. Spotlight, Snapchat's TikTok alternative, attracts creators. Public content growth on Snapchat reaches 1 billion monthly posts.
Published on: February 05, 2025, 08:02 AM UTC
Google parent Alphabet beats on earnings but falls short on cloud revenue; stock dips in after-hours trading.
Published on: February 05, 2025, 08:01 AM UTC
US stock futures slipped on Tuesday as the trade war between the US and China escalated and corporate earnings reports came in mixed.
Published on: February 05, 2025, 08:01 AM UTC