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Knife River Corp. Reports Q4 Net Income of $23.3 Million

Knife River Corp. reported Q4 net income of $23.3 million, or 41 cents per share. Annual revenue reached $2.9 billion with a yearly profit of $201.7 million ($3.55 per share).

Market Jitters Over Interest Rate Hike Talk

The stock market's inflation jitters: Latest CPI reading renews concerns over Fed rate hikes. Despite a sell-off after the CPI report, the S&P 500 fell less than 0.3% and the Nasdaq closed positive. Economists remain divided on the possibility of a rate hike this year, but the 10-year Treasury yield spiked as high as 4.66%.

Siemens Reports Better-than-Expected Profit Despite Factory Automation Struggles

Siemens reports higher-than-expected profits for the latest quarter, with revenue growth driven by strong demand in the Americas. Despite challenges in factory automation, the company maintains its outlook for full-year sales growth.

Inflation Data Shows Consumer Prices Rose More Than Expected in January

January inflation data shows consumer prices rose more than forecasted, with core prices reversing last month's easing, complicating the Federal Reserve's path forward for interest rates.

Waters Corp. Beats Q4 Estimates, Revenue Rises

Waters Corp beats estimates with $4.10 earnings per share in Q4 on revenue of $872.7 million

Spirit Airlines says no to most recent Frontier offer

Spirit Airlines rejected the latest acquisition offer from Frontier Group.

Evolution Petroleum Reports $1.8 Million Loss in Fiscal Q2

Evolution Petroleum Corp. (EPM) reported a $1.8 million loss for its fiscal second quarter, representing a 6 cent per-share loss. Adjusted losses were 3 cents per share, while revenue reached $20.3 million.

Powell Defends Security of Treasury Payment System After Musk Access Concerns

Fed Chair Powell offers assurances on Treasury payments system, Musk and CFPB

Top CFPB enforcement officials resign, citing halted activity

Top CFPB Enforcement and Supervision Officers Resign After Agency Shutdown

Elon Musk's Move to "RIP" CFPB Raises Conflict-of-Interest Concerns

Elon Musk may benefit by dismantling agency that would oversee X's payment app plans