Tag: algorithms

Trump administration policies and executive orders undermine the credit quality of US states, reducing state aid to local governments, colleges, and hospitals, according to Municipal Market Analytics.

Published on: February 25, 2025, 05:05 PM UTC

The European Commission plans to reduce the number of companies facing EU sustainability reporting requirements, as part of its drive to cut red tape for businesses.

Published on: February 22, 2025, 07:00 PM UTC

President Trump announced tariffs on digital services, auto parts, and other goods, targeting foreign taxes on U.S. tech companies. These tariffs aim to balance the U.S. budget and potentially generate billions in revenue. Amid consumer concerns, Trump also discussed merging the Postal Service with the Commerce Department and withdrawing from the U.S.-China trade deal.

Published on: February 21, 2025, 11:01 PM UTC

UnitedHealth Group (UNH) stock plunged 9.11% on Friday following news of a DOJ investigation into its Medicare Advantage business. The DOJ is examining how UnitedHealth records diagnoses to boost payments from CMS. UnitedHealth has denied any wrongdoing and is unaware of any new DOJ activity.

Published on: February 21, 2025, 05:02 PM UTC

Germany's private sector output improved, led by a slowdown in the decline of manufacturing new orders. The composite PMI rose to 51 in February, indicating growth above the 50 threshold. Despite this improvement, the outlook remains subdued due to potential US trade tariffs and structural challenges.

Published on: February 21, 2025, 09:00 AM UTC

China's liquidity injections have failed to alleviate the money market squeeze, keeping borrowing costs elevated. Despite the infusion of funds, money market rates barely budged, underscoring the intensity of liquidity tightness. The debt market has also been pressured, with the 10-year benchmark yield reaching its highest since December.

Published on: February 21, 2025, 05:00 AM UTC

US stocks fell on Thursday as investors scrutinized Walmart's outlook and debated the impact of planned tariffs and policy shifts announced by President Trump. The Dow Jones Industrial Average fell 1%, while the S&P 500 lost 0.5%. The tech-heavy Nasdaq Composite also closed lower.

Published on: February 21, 2025, 04:01 AM UTC

China’s central bank boosted short-term cash injections into the financial system on Friday to ease a cash crunch that has jolted the nation’s bond market.

Published on: February 21, 2025, 03:00 AM UTC

Delta Air Lines has reportedly offered $30,000 to passengers on a Minneapolis-to-Toronto flight that crash-landed. The payment is not tied to any strings and is in accordance with international treaties governing flights and incidents.

Published on: February 21, 2025, 12:03 AM UTC

Mortgage rates decline slightly to 6.85% for 30-year fixed and 6.04% for 15-year fixed, despite hot inflation data. Rates remain near 7%, impacting affordability and mortgage applications.

Published on: February 21, 2025, 12:03 AM UTC