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Palantir (PLTR) stock plummeted 10% on news of potential Pentagon budget cuts, with AI software company heavily reliant on government contracts.
Published on: February 20, 2025, 02:02 AM UTC
Atlanta Fed President Raphael Bostic says interest rate cuts are still possible in 2023 as the Fed assesses the economy and Trump administration policies.
Published on: February 20, 2025, 02:01 AM UTC
A battle is brewing in Washington, D.C., between pharmaceutical companies and pharmacy benefit managers (PBMs) as President Donald Trump's new administration takes shape. The drug industry's biggest lobbying firm, PhRMA, has released its policy priorities for 2025, including putting patients before PBM profits. That has spurred PBMs like CVS Caremark (CVS) to defend their companies' value in the overall healthcare system.
Published on: February 20, 2025, 02:01 AM UTC
US Future MarketSlumps, S&P 500 HitsRecord High, Fed MinutesShow Pause in Rate Cuts, Defense Cuts Affect Palantir, Walmart Earnings Preview
Published on: February 20, 2025, 02:01 AM UTC
China left its benchmark lending rates unchanged on Thursday, keeping monetary stimulus in check amid yuan weakness and narrowing bank margins, as it prioritizes financial and currency stability.
Published on: February 20, 2025, 02:00 AM UTC
Asian stocks fall after muted Wall Street moves as Fed minutes indicate no rush to cut rates
Published on: February 20, 2025, 01:01 AM UTC
Oil steadies after gains as industry report shows another build in US crude stockpiles.
Published on: February 20, 2025, 01:00 AM UTC
US futures drop after S&P 500 hits record high, Fed signals pause in rate cuts.
Published on: February 20, 2025, 01:00 AM UTC
Fortescue's profit plunges 53% on weak iron ore demand from China; dividend halved; Iron Bridge project update.
Published on: February 20, 2025, 12:04 AM UTC
Asian shares set to decline following muted Wall Street moves as Fed minutes indicate no rush to cut interest rates.
Published on: February 20, 2025, 12:04 AM UTC