Market

Euro zone banks need a digital euro to counter Trump's push for dollar-backed stablecoins, ECB board member Piero Cipollone says.

Published on: January 24, 2025, 01:04 PM UTC

A 25% tariff on Canadian-made autos and other goods could have significant negative impacts on both the US and Canadian economies, including higher car prices, job losses, and supply chain disruptions.

Published on: January 24, 2025, 01:03 PM UTC

US stocks closed higher on Thursday with the S&P 500 (^GSPC) reaching a fresh record close as investors turned their attention to President Donald Trump's remarks at the World Economic Forum in Davos. The Dow Jones Industrial Average (^DJI) also gained while the Nasdaq Composite (^IXIC) recovered from earlier losses to close slightly higher. Investors were also digesting earnings reports and economic data, including a rise in US jobless claims.

Published on: January 24, 2025, 01:03 PM UTC

President Trump criticizes the EU's antitrust battles with American tech giants, calling it a form of taxation on American corporations.

Published on: January 24, 2025, 01:02 PM UTC

President Trump signs executive action to create presidential group for regulating digital assets, prohibit CBDCs, and evaluate creating a national digital asset stockpile.

Published on: January 24, 2025, 01:02 PM UTC

Today's takeaways from the Morning Brief: executive orders, trade and tariffs, the K-shaped economy, the vibecession, sustained U.S. growth, the global economy, the Art of the Deal, and a final look at the latest economic and indicators.

Published on: January 24, 2025, 01:02 PM UTC

US Futures Struggle as Investors Weigh Earnings and Trump's Stance on China Tariffs

Published on: January 24, 2025, 01:02 PM UTC

The US IPO market is expected to surge in 2025 due to Donald Trump's return, declining interest rates, and renewed investor confidence. Key IPOs to watch include Klarna, Chime, Cerebras, and Medline. Recent IPO performances indicate strong investor appetite, with notable listings such as ARM Holdings, Instacart, and Reddit experiencing significant gains. Track upcoming IPOs and monitor the performance of recent listings to gauge market sentiment and potential investment opportunities.

Published on: January 24, 2025, 01:00 PM UTC

Boeing reports preliminary Q4 results, projects $3.5B operating cash flow loss due to IAM strike, workforce reductions, and defense business changes.

Published on: January 24, 2025, 01:00 PM UTC

OPEC+ has yet to respond to President Trump's call for lower oil prices, citing plans to increase output from April. Despite rising prices, OPEC+ maintains its focus on long-term market stability.

Published on: January 24, 2025, 01:00 PM UTC