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US future markets dip as Fed minutes suggest rate cuts unlikely; Walmart earnings due Thursday
Published on: February 20, 2025, 03:01 AM UTC
Australia's biggest retailer, Wesfarmers, said it may hike prices to offset soft local dollar and US tariffs, along with geopolitical headwinds. Despite overall positive results, CEO warns high living costs will remain.
Published on: February 20, 2025, 03:01 AM UTC
The oil market is ignoring President Trump's new policies. The futures market is flat-lining. Traders are reducing their risk exposure. Prices have stayed anchored around $75 a barrel.
Published on: February 20, 2025, 03:00 AM UTC
Oil prices edged down on an industry report showing a build in U.S. crude stockpiles and concerns over import tariffs.
Published on: February 20, 2025, 03:00 AM UTC
Japan's inflation hits 4%, driven by soaring food prices, putting pressure on the central bank to hike interest rates.
Published on: February 20, 2025, 02:04 AM UTC
Yen rises as Trump's tariff threats stir global economy, currency market remains cautious.
Published on: February 20, 2025, 02:04 AM UTC
Analysts question potential deals for Intel (INTC) after stock's 6% drop, citing manufacturing process differences, regulatory concerns, and the company's insistence on its competitive manufacturing process.
Published on: February 20, 2025, 02:03 AM UTC
Short sellers lost $73 billion in 2025 as the stock market rallied, with Super Micro Computer, Hims & Hers, Oklo, and BigBear.ai experiencing significant gains due to short squeezes
Published on: February 20, 2025, 02:03 AM UTC
US stocks closed higher on Wednesday as investors weighed President Trump's latest 25% tariff salvo and digested the Federal Reserve minutes for insight into future policy.
Published on: February 20, 2025, 02:03 AM UTC
Elon Musk's government efficiency commission claims to have produced billions in "savings" through canceled or renegotiated contracts. But analysts have found errors in the data, and it's unclear whether the cuts will actually save money or harm the economy.
Published on: February 20, 2025, 02:02 AM UTC