Tag: inspiration

US stocks fell Friday as investors weighed threats of more tariffs from the Trump administration and digested a jump in consumer inflation expectations. The S&P 500 and tech-heavy Nasdaq Composite finished lower, marking their second consecutive week of losses. The Dow Jones Industrial Average also dropped over 400 points, its worst daily performance in about four weeks.

Published on: February 07, 2025, 10:01 PM UTC

Americans are increasingly concerned about inflation, with sentiment hitting a 7-month low as inflation expectations surge to 4.3%. The University of Michigan's consumer sentiment survey signals concerns about stagflation, but the Fed emphasizes longer-term market-based measures of inflation, which remain anchored near target.

Published on: February 07, 2025, 09:02 PM UTC

Americans are growing increasingly anxious about inflation, with the latest University of Michigan consumer sentiment survey showing a sharp decline in headline sentiment and a jump in one-year inflation expectations to 4.3%.

Published on: February 07, 2025, 07:02 PM UTC

Mortgage rates remain high, and consumers are becoming less optimistic about the housing market. Fannie Mae's latest survey shows that fewer people expect mortgage rates to fall, while more expect them to rise. This is in line with economists' warnings that rates may not fall much this year. Despite the pessimism about mortgage rates, Fannie Mae's overall Home Purchase Sentiment Index rose slightly, as buyers and sellers grew more optimistic about buying and selling conditions and home prices in the next 12 months.

Published on: February 07, 2025, 05:01 PM UTC

U.S. job growth unexpectedly slowed in January due to wildfires and cold weather, but a 4% unemployment rate may prevent the Federal Reserve from cutting interest rates until June.

Published on: February 07, 2025, 02:00 PM UTC

Stock markets and earnings results in focus, with mixed performance on Wall Street as major indices rise in anticipation of Amazon's report. Earnings from tech companies and chipmakers scrutinized for AI demand signals. Concerns over inflation and geopolitical tensions linger, impacting investor sentiment.

Published on: February 07, 2025, 01:01 AM UTC

CFTC Acting Chair Caroline Pham removes head of HR leading internal investigation into hostile work environment complaints against her, replacing her with chief diversity officer despite directive to place DEIA staff on leave.

Published on: February 07, 2025, 01:01 AM UTC

Powell's Q4 revenue exceeds estimates, but stock drops. Revenue up 24.4% to $241.4 million, EPS beats by 9.4% to $2.86. Mixed results, with EBITDA missing estimates. Market focuses on negatives, sending stock down 6%. Full analysis available in our research report.

Published on: February 06, 2025, 11:06 PM UTC

Seneca Foods Corp. (SENEA) reported earnings of $14.7 million in its fiscal third quarter. The fruit and vegetable company posted revenue of $502.9 million in the period.

Published on: February 06, 2025, 10:10 PM UTC

Affirm Holdings Inc. (AFRM) outperformed Wall Street estimates in its fiscal Q2, reporting net income of $80.4 million against expectations of a per-share loss of 20 cents. Revenue also exceeded forecasts, with the company posting $866.4 million versus the predicted $804.2 million.

Published on: February 06, 2025, 10:09 PM UTC