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The Russian ruble has strengthened against the US dollar after a shift in US policy toward Russia under President Donald Trump.
Published on: February 20, 2025, 02:06 PM UTC
Gannett Co., Inc. (GCI) reported net income of $64.3 million in its fourth quarter, with earnings per share of 11 cents. Revenue was $621.3 million.
Published on: February 20, 2025, 02:06 PM UTC
Nigeria's central bank pauses rate hikes as inflation slows, naira stabilizes. The monetary policy committee kept the benchmark rate at 27.5% after data revisions showed inflation easing to 24.5% in January.
Published on: February 20, 2025, 02:04 PM UTC
Atlanta Fed President Raphael Bostic says interest rate cuts remain possible in 2025 as the Fed assesses economic conditions and Trump administration policies.
Published on: February 20, 2025, 02:03 PM UTC
CVS, PFE, GDRX, LLY, and HIMS saw stock price increases in a recent market update. Pharmaceutical companies and pharmacy benefit managers are in a heated battle in Washington, D.C. PBMs defend their value, but a bipartisan investigation questions their rebate strategy.
Published on: February 20, 2025, 02:02 PM UTC
US stock futures retreated Thursday as investors digested Walmart earnings, weighed the impact of potential tariffs and President Trump's policy moves, and sought safety in gold due to geopolitical tensions.
Published on: February 20, 2025, 02:02 PM UTC
The Takeaway: The S&P 500's all-time highs are threatened by trade war concerns, consumer anxiety, and a potential inflation uptick. Despite negative investor sentiment, the market remains calm. But underlying concerns about economic growth, stock market performance, and inflation suggest a brewing storm.
Published on: February 20, 2025, 02:02 PM UTC
Shares of Palantir Technologies (PLTR) plunge 10% on news of CEO's stock sale plan and defense spending cuts. Insiders have been aggressively selling stock, and the company's reliance on top customers is a concern. Despite strong Q4 results, analysts are revising EPS expectations downward for 2025 and 2026.
Published on: February 20, 2025, 02:02 PM UTC
Mercedes-Benz prepares for Trump's trade war by investing in EVs and hybrids while emphasizing its significant US presence and contributions.
Published on: February 20, 2025, 02:01 PM UTC
Treasury Secretary Scott Bessent discusses plans to increase the share of longer-term Treasuries in government debt issuance, addressing current hurdles and market conditions.
Published on: February 20, 2025, 02:01 PM UTC