Posts with tag: efficiency
US stocks rose on Thursday after President Trump announced reciprocal tariffs but delayed their implementation. Investors also weighed another report showing inflation is rising again.
Published on: February 14, 2025, 12:02 PM UTC
Chinese stocks in Hong Kong rally on optimism over AI capabilities, with the Hang Seng China Enterprises Index hitting its highest since February 2022.
Published on: February 14, 2025, 09:00 AM UTC
GameStop is exploring investing in cryptocurrencies, including bitcoin, sending shares up 10% after hours.
Published on: February 14, 2025, 01:01 AM UTC
West Pharmaceutical Services Inc. (WST) reported fourth-quarter profit of $130.1 million. The medical device company posted revenue of $748.8 million in the period, also surpassing Street forecasts.
Published on: February 13, 2025, 12:07 PM UTC
Economists are doubtful that President Trump's protectionist trade policy will actually boost the US economy. A Yahoo Finance survey reveals that 73% of respondents expect the tariffs to raise prices, while nearly 60% believe they will weaken the economy overall. Trump supporters are more optimistic, with 64% believing the tariffs will make the economy stronger. However, the majority of non-Trump supporters and those who did not vote believe the tariffs will be damaging.
Published on: February 13, 2025, 11:03 AM UTC
US stocks ended mixed on Tuesday as investors weighed tariffs and upcoming inflation data. The Dow Jones rose 0.3%, while the S&P 500 closed flat. The tech-heavy Nasdaq Composite dipped 0.4%. Traders also digested Federal Chair Jerome Powell's testimony in Congress, which indicated no rush to adjust interest rates. Inflation remains persistent, with the Consumer Price Index (CPI) reading due Wednesday.
Published on: February 12, 2025, 01:03 PM UTC
January's CPI report is expected to show a 2.9% headline inflation rate, matching December's annual gain, and a 3.1% increase in core inflation, the lowest since April 2021. The impact of Trump's presidency, global tariffs, and rising inflation expectations on the Federal Reserve's interest rate path is discussed.
Published on: February 12, 2025, 04:01 AM UTC
Federal Reserve Chair Jerome Powell signals a cautious approach to adjusting interest rates, emphasizing the need to balance inflation and economic growth while monitoring the impact of President Trump's policies.
Published on: February 11, 2025, 05:05 PM UTC
UK consumer watchdog chair Baroness Manzoor to step down in August amid regulatory shake-up
Published on: February 11, 2025, 03:00 PM UTC
Coca-Cola's profit outperforms expectations as shoppers embrace higher prices for its beverages, leading to a rise in premarket stock trading.
Published on: February 11, 2025, 01:07 PM UTC