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FS Bancorp Inc. (FSBW) reported fourth-quarter profit of $7.4 million, missing analysts' expectations. Revenue was $51.6 million, also below forecasts. For the year, the company reported profit of $35 million, or $4.36 per share, on revenue of $144.7 million.
Published on: January 21, 2025, 10:05 PM UTC
Container freight rates for services from Asia to US coasts have weakened in the run-up to Lunar New Year, but longer-term prices face pressure from factors including carrier competition, tariff threats, and the reopening of the Suez Canal.
Published on: January 21, 2025, 10:04 PM UTC
Treasury yields tumbled and stocks surged as traders bet on a gradual rollout of Donald Trump's protectionist policies. The dollar pared gains, but Wall Street firms warn against reading too much into Trump's tariff plans.
Published on: January 21, 2025, 10:04 PM UTC
The US dollar is near lows as investors weigh the latest tariff talk from President Trump. The move surprised investors, as an emergency order would have allowed immediate tariff increases. Instead, Trump issued a memorandum directing federal agencies to evaluate US trade policy. The dollar is sensitive to the tariff outlook, and the lack of day-one blanket tariffs suggests that the market may have overreacted to the election. However, analysts warn that uncertainty around the timing of tariff increases remains and that a strong dollar could hurt stocks and emerging markets.
Published on: January 21, 2025, 10:03 PM UTC
A bitcoin (BTC-USD) strategic reserve under President Trump could become a reality, according to Coinbase CEO Brian Armstrong. Trump has expressed interest in making the US the "crypto capital" of the world and has taken a friendly view on crypto since campaigning for the White House in 2024.
Published on: January 21, 2025, 10:03 PM UTC
Trump Threatens Tariffs on Automakers, Potentially Crippling Industry
Published on: January 21, 2025, 10:02 PM UTC
SEC's New Crypto Task Force Boosts Crypto Market, Investors Hope for Trump's Support
Published on: January 21, 2025, 10:02 PM UTC
Oil prices fell on Tuesday amid concerns over increased US production and potential tariffs on Canada and Mexico. Trump signed executive orders aiming to unleash domestic energy resources and hinted at tariffs, sparking fears of a trade war that could impact economic growth and oil consumption.
Published on: January 21, 2025, 10:02 PM UTC
US stocks surged on Tuesday as the Dow Jones Industrial Average (^DJI) reclaimed the 44,000 level and the S&P 500 surpassed 6,000, propelled by optimism over President Donald Trump's first policy moves, particularly regarding proposed tariffs on Mexico and Canada.
Published on: January 21, 2025, 10:02 PM UTC
Netflix stock soared 13% in after-hours trading after the streamer reported Q4 earnings that beat expectations, adding a whopping 18.9 million subscribers and announcing a $15 billion stock buyback.
Published on: January 21, 2025, 10:01 PM UTC