Market

Executive action on crypto: Trump establishes presidential group to coordinate regulation and evaluate national digital asset stockpile

Published on: January 23, 2025, 11:01 PM UTC

US stocks rally stalls as investors await earnings and Fed meeting.

Published on: January 23, 2025, 11:00 PM UTC

Brazil's government explores measures to combat inflation, including providing reduced-cost food products through a network of stores to boost President Lula's popularity.

Published on: January 23, 2025, 10:10 PM UTC

U.S. stocks reach new all-time high, boosted by S&P 500's 0.5% rise and Dow's 0.9% gain. Treasury yields mixed in bond market; China's efforts to stimulate stock prices have limited impact on global markets.

Published on: January 23, 2025, 10:09 PM UTC

Mexican markets rebound after Trump's vague Davos speech on tariffs

Published on: January 23, 2025, 10:08 PM UTC

The World Trade Organization Director-General Ngozi Okonjo-Iweala warns against overreacting to rising global protectionism at Davos. Despite Donald Trump's threats of tariffs, financial markets remain cautiously optimistic, with investors focusing on actions rather than words. Major Wall Street banks still predict substantial tariff hikes, which would have significant impacts on trade flows, economic activity, and inflation. CEOs adopt a wait-and-see approach, hoping for cooler heads to prevail and Trump's pro-business instincts to benefit companies.

Published on: January 23, 2025, 10:05 PM UTC

Major U.S. equity indexes rose on Thursday, with the S&P 500 and Dow reaching record highs. Moderna shares surged over 10% after strong endorsements, while Electronic Arts plunged due to lowered bookings guidance.

Published on: January 23, 2025, 10:04 PM UTC

HP joins a list of companies stockpiling goods ahead of Trump tariffs following whiskey giant Suntory's lead, as concerns swirl over PC demand and higher material costs.

Published on: January 23, 2025, 10:02 PM UTC

US stocks closed higher on Thursday, with the S&P 500 closing at a fresh record as investors digested remarks from President Donald Trump at the World Economic Forum in Davos. The S&P 500 gained 0.53%, the Dow Jones Industrial Average rose 0.92%, and the Nasdaq Composite finished 0.22% higher. Trump said he will "demand that interest rates drop immediately" and that he will ask OPEC to bring down the price of oil.

Published on: January 23, 2025, 10:02 PM UTC

Trump says EU antitrust fines on US tech giants are 'a form of taxation'; Europe has aggressively tackled power of American tech companies for years, with recent fines including €13 billion for Apple, $2 billion for Google, €797 million for Meta, and threats of up to $47 billion for Amazon.

Published on: January 23, 2025, 10:01 PM UTC