The Federal Reserve raises rates by 25 basis points Powell says for the first time disinflation has started Indices up: Dow 0.02%, S&P 1.05%, Nasdaq 2% Feb 1 (Reuters) – The S&P 500 and Nasdaq closed sharply higher on Wednesday after Federal Reserve Chairman Jerome Powell acknowledged that inflation was starting to subside, in remarks …
Wall St rallies as Fed’s Powell nods to easing inflation after rate hike Read More »
WASHINGTON, Jan 31 (Reuters) – Tesla Inc (TSLA.O) disclosed on Tuesday that the U.S. Justice Department had sought documents related to its self-driving (FSD) and Autopilot assistance systems as the regulatory scrutiny intensifies. The automaker said in a filing that it “has received requests from the DOJ for documents related to Tesla’s Autopilot and FSD …
Q4 GDP at -0.2% Q/Q vs forecast of 0.0% Decrease mainly due to lower private consumption Economists say a mild recession is likely BERLIN, Jan 30 (Reuters) – Germany’s economy contracted unexpectedly in the fourth quarter, data showed on Monday, a sign that Europe’s biggest economy may be heading into a much-anticipated, albeit less likely, …
The US Fed, ECB and BoE all saw rates rise this week OPEC+ marriage panel meeting unlikely to change policy Oil rose earlier after Iran drone attack LONDON, Jan 30 (Reuters) – Oil fell on Monday, giving up earlier gains, as impending interest rate hikes by major central banks and signs of strong Russian exports …
Oil falls as rate hikes slow, Russian flows remain strong Read More »
https://tmsnrt.rs/2zpUAr4 The Fed increased by 25 basis points this week, the ECB and the BOE by 50 basis points Tech giants top earnings results China splits shares as holiday travel surges SYDNEY, Jan 30 (Reuters) – Asian stocks turned wary on Monday ahead of a week that is certain to see interest rates rise in …
Asian stocks turn wary as rates rise and earnings languish Read More »
GDP is expected to increase by 2.6% in the fourth quarter Strong consumer spending observed; other sectors to contribute Weekly jobless claims expected to rise moderately WASHINGTON, Jan 26 (Reuters) – The U.S. economy likely maintained a healthy pace of growth in the fourth quarter as consumers increased their spending on goods, but momentum appears …
Strong US economic growth expected in the fourth quarter, darkening outlook Read More »
Jan 25 (Reuters) – Tesla Inc’s (TSLA.O) aggressive price cuts have boosted demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, downplaying fears a weak economy could strangle the buyer interest. The company slightly beat Wall Street’s fourth-quarter revenue and profit targets earlier on Wednesday despite a sharp decline in vehicle profit …
Musk says Tesla price cuts sparked demand, 2023 sales could reach 2 million vehicles Read More »
SEC investigates NYSE bell opening issue 3M slips on pessimistic forecast for the first quarter J&J comes across a sell warning; GE down on weak earnings Microsoft to release quarterly results after market close Indices: Dow up 0.18%, S&P 500 down 0.13%, Nasdaq down 0.25% NEW YORK, Jan 24 (Reuters) – Wall Street was mixed …
Wall Street falters after mixed earnings and trade glitch Read More »
Baker Hughes stumbles upon missing fourth-quarter earnings estimates Activist investor Elliott Management takes stake in Salesforce Tokens increase following Barclay upgrade Indices up: Dow 0.76%, S&P 1.19%, Nasdaq 2.01% NEW YORK, Jan 23 (Reuters) – Wall Street closed sharply higher on Monday, fueled by soaring tech stocks as investors kicked off a profit-rich week with …
Wall Street extends rally, propelled by tech rebound Read More »
TOKYO, Jan 23 (Reuters) – Government officials who attended the Bank of Japan’s policy meeting in December were granted a half-hour adjournment to contact their ministries, minutes show, pointing out the importance of the central bank’s decision to change its bond market peg. In Dec. At the 19-20 meeting, the BOJ maintained its ultra-loose monetary …
Bank of Japan policy change prompted rare request for government pause Read More »