Tag: tech

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US Business Activity Expansion Slows as Services Growth Pulls Back

US business activity expanded at its slowest pace in nine months in January, with the S&P Global flash composite index for services and manufacturers decreasing 3 points to 52.4. Despite moderation, optimism about future demand is high, spurred by expectations of pro-business policies and regulatory reform.

Global Stocks Climb Anew as Trump Hints at Softer Approach on China

Global stocks rise for a ninth day, on track for a record high, boosted by comments from US President Donald Trump hinting at a potentially softer approach towards tariffs on China. The yen strengthens after the Bank of Japan raises interest rates.

Tariffs on Canadian Autos Would Hurt US Automakers and Consumers, Report Warns

Tariffs on Canadian-made autos could hurt US automakers and consumers, says a new report from TD Economics. The report says that a 25% tariff on Canadian-made autos and other goods would increase the cost of cars for US consumers and lead to job losses in the US auto industry.

Trump Accuses Bank of America and JPMorgan of ‘De-Banking’ Conservatives

Trump accuses Bank of America, JPMorgan of 'de-banking' conservatives

Trump Signs Executive Order on Crypto, Steering Clear of 'National Bitcoin Stockpile'

President Donald Trump has signed an executive order on cryptocurrencies, establishing a working group to coordinate regulation and potentially create a national digital asset stockpile. The order also prohibits the creation of central bank digital currencies.

Texas Instruments profit outlook disappoints on weak chip demand

Texas Instruments gives disappointing earnings outlook amid chip demand weakness and higher costs; 1Q profit seen below estimates, sales range below forecast, shares fall in late trading.

Mexican peso and stocks rise after Trump speech

The Mexican peso and IPC index rose after Donald Trump's speech at Davos where he refrained from outlining specific tariffs plans.

Mortgage Rates Fall Below 7% as Bond Traders Ease Worries

Mortgage rates finally dip below 7% for the first time in six weeks. Will they stay low? Financial expert Claire Boston breaks down what you need to know about the housing market.

Emerging Markets Face 'Sudden Stop' As Trump Policies Drain Money

Emerging markets at risk of 'sudden stop' as Trump boosts US economy

Crypto's Cash Grab: Trump's Meme Coin and the Delusion of Financial Innovation

President Trump's new meme coin highlights the reality of the crypto industry: a moneymaking machine that doesn't shy away from crude and outrageous appeals. Despite efforts to distance serious crypto work from $Trump, its meme-like nature is a reflection of the industry's focus on financial gain.