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Consumer Confidence Declines Sharply Amid Trade Uncertainty, Inflation Expectations Rise

Consumer confidence fell sharply in February, hitting its lowest level since 2022, as concerns over trade policy and inflation expectations rose. The Conference Board's index fell to 98.3, driven by a drop in the outlook for income, business, and labor market conditions. Average 12-month inflation expectations also jumped to 6%, the highest since September 2022.

Berkshire Hathaway Posts Record Annual Operating Profit

Warren Buffett's Berkshire Hathaway posts record annual operating profit, driven by insurance and investment gains.

Saving for Retirement in Your 20s and 30s While Managing Student Loans

Young adults: Learn how to navigate student loan debt and retirement savings. Expert advice on asset allocation, risk tolerance, and the difference between investing and gambling. Start saving and investing early, even with small amounts.

US Stock Futures Move Narrowly After Walmart's Outlook

US stock futures steady after Walmart's weak earnings outlook; tariffs remain a concern. Existing home sales, consumer sentiment data on tap for Friday. Energy drink maker Celsius Holdings surges on acquisition; Dropbox dips on growth slowdown. Meta trims equity awards for employees.

Bank of Japan Signals Readiness to Intervene in Bond Market

Bank of Japan Governor Kazuo Ueda indicates willingness to intervene in bond market to curb surge in yields, reiterating commitment to stability. Prime Minister and Finance Minister express concerns about potential impact of market moves.

Walmart CFO Looks to Ease Concerns Over 2025 Sales Forecast

Walmart CFO reassures investors about strong business outlook despite conservative guidance. Shares of retail giants Costco, Dollar General, Dollar Tree, and Target also decline on news.

Rivian Reports Strong Q4 Results, Posts Gross Profit, Narrows 2024 Loss

Rivian (RIVN) posted strong Q4 results, achieving positive gross profit and lowering its estimated 2024 EBITDA loss. The company sees a smaller loss for 2025 and guided for 2025 adjusted EBITDA loss in the range of $1.7 billion to $1.9 billion, with vehicle deliveries between 46,000 and 51,000. Rivian also has expansion plans with Volkswagen (VWAGY) and a $6.6 billion loan commitment from the DOE for a new assembly plant.

IVR Earnings Fall Short in Q4

Invesco Mortgage Capital Inc. (IVR) reported fourth-quarter earnings of $3.5 million, or 53 cents per share. Revenue was $76.1 million. For the year, the company reported profit of $59.9 million, or 65 cents per share. Revenue was $36.8 million.

Leonardo Identifies New Industrial Partner for Aerostructures Unit

Italian defense group Leonardo has identified a new industrial partner for its aerostructures unit, which has been struggling due to problems at Boeing. CEO Roberto Cingolani said the group is fully committed to finding a solution and will announce a broader plan to overhaul the unit on March 11.

Singapore Airlines reports doubled net profit on Air India-Vistara merger gain

Singapore Airlines' net profit more than doubled in Q3, boosted by a one-time gain from the Air India-Vistara merger. The airline now holds a 25.1% stake in the Air India group.