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Rising Interest Rates Could Be the Bane of Trump's Second Term

High interest rates are worrying President Trump, who sees them as a threat to his economic agenda. The Federal Reserve sets short-term interest rates, but long-term rates are determined by the bond market. Trump has blamed the Fed for high inflation, but the bond market is signaling concerns about higher inflation in the future. Trump's tariffs could also contribute to higher inflation, and some economists believe that foreign countries could use higher rates as an economic weapon against the US.

January Retail Sales Plunge 0.9%, Stoking Recession Fears

Retail sales plunged 0.9% in January, more than expected, raising concerns about consumer spending and economic growth. Economists are now debating the likelihood of a negative GDP print for the quarter.

Interest Rates Are Trump's Sore Spot

Despite his successes in other areas, President Trump faces challenges from stubbornly high interest rates, which the bond market suggests could worsen due to inflation concerns and his tariffs.

Retail Sales Slump More Than Expected in January

Expanding Your Network: The Benefits of Networking for Entrepreneurs

The world's most advanced, autonomous, electric, shared mobility system.

Moderna Earnings: Mixed Results, Stock Down Pre-Market

Moderna (MRNA) Q4 Earnings: Revenue Beat, EPS Miss; Stock Down 4.5%

Nvidia Cuts Arm Stake, Sells Holdings in AI Firms

Nvidia reduces stake in Arm Holdings by 44%, exits Serve Robotics, SoundHound AI

Market Wrap: Equities, Bonds Flatline as Tariffs, Earnings, US Inflation Loom

Global markets fluctuate amid trade tariff considerations and economic data; luxury stocks rise, while Chinese stocks surge on AI optimism; investors ease concerns over potential tariffs, leading to a decline in the dollar.

McMahon Vows to Keep Student Loan Forgiveness Program Despite Trump Administration Pressure

Linda McMahon vows to continue the Public Service Loan Forgiveness program despite conservative pressure to end it.

Safran ups profit, cash forecasts on air traffic boost

French engine maker Safran forecasts higher profits in 2025 after 30% jump in 2024 income, driven by rising air traffic. The company predicts a 15-20% increase in deliveries of its best-selling LEAP engine and a strong performance in its Equipment and Defense division.