Tag: organization

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US Stocks Mixed as Tariff Policy and Inflation Data Loom

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.

January CPI: Inflation Pressures Eased, But Core Inflation Remains Sticky

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.

BP Brazil Head to Lead Sugar Unit as Fossil Fuel Giant Boosts Bio

BP Brazil head Andres Guevara de La Vega to take over as CEO of BP Bioenergy, replacing Geovane Consul who is leaving the company.

Powell: Fed Does Not Need to Hurry on Interest Rates

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.

Financial Ombudsman Service chairwoman Baroness Zahida Manzoor to step down in August

UK consumer watchdog chair Baroness Manzoor to step down in August amid regulatory shake-up

RCI Hospitality Posts 2.58% Net Income Gain in Fiscal Q1

RCI Hospitality Holdings Inc. (RICK) reported net income of $9 million in its fiscal first quarter, with a net income of $1.01 per share.

Trade War Could Trigger 'Stagflationary Shock' to US Economy, Expert Warns

Trade war impact: Stagflationary shock to US economy, says Apollo Global economist

Trade Tensions Weaken Currencies, Equities as Trump Unleashes Tariffs

Trump's Tariffs Send Commodity Currencies and Asian Equities Lower, Except Hong Kong

Best CD Rates Today and Where to Find the Best Offers

Lock in competitive CD rates today as the Federal Reserve has cut rates three times in 2024. Compare the highest CD rates available, including a 4.40% APY from NexBank on 1-year CDs. Find the best CD accounts with details on interest rates, different types of CDs, and expert insights.

US Stocks Lower Amid Inflation Concerns, Jobs Report

US stocks fall on inflation, jobs report concerns; Amazon earnings disappoint