• Feb 12, 2025

El-Erian Sees Fed Holding Rates for Longer Than Markets Expect

(Bloomberg) -- The Federal Reserve is set to refrain from cutting interest rates for “quite a while,” following a hotter-than-expected inflation report, according to Mohamed El-Erian. Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterWhy American Mobility Ground to a HaltCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank SaysSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayThe Forgotten French Architect Who Rebuilt MarseilleThe Fed, in

• Feb 12, 2025

Goldman Sachs Disclosed Ownership of Bitcoin ETFs. Here's Why It Doesn't Mean Much

The bank's clients are likely involved in the basis trade, rather than making a directional bet, said an analyst.

• Feb 12, 2025

DoorDash Stock Rises as Booming Holiday Orders Boost Revenue

DoorDash orders jumped during the holiday season, sending its revenue soaring.

• Feb 12, 2025

Best stocks and shares Isas

Stocks and shares Isas give you the opportunity to grow your money on the stock market and shelter your gains from capital gains, dividend and income taxes.

• Feb 12, 2025

Exxon seeks permit for its eighth oil, gas project in Guyana as output rises

A consortium led by Exxon Mobil has requested environmental permits from Guyana for its eighth project, the first that will generate gas not linked to oil production, and to explore another well at its massive offshore block, the head of the U.S. oil major in Guyana said on Wednesday. Exxon plans to boost output capacity this year to 940,000 barrels per day (bpd) versus the 616,000 bpd it produced in 2024 after upgrades at two of its three floating oil facilities and the arrival of a fourth vessel, Alistair Routledge, president of Exxon Guyana, said at a press conference.

• Feb 12, 2025

Watch These Key Tesla Price Levels After The Stock Logs A Five-Day Losing Streak

Tesla shares may remain in the spotlight on Wednesday after logging their fifth losing trading session in a row yesterday. Monitor these crucial chart levels.

• Feb 12, 2025

Trump calls for lower interest rates despite rise in inflation

Donald Trump has called for the US Federal Reserve to cut interest rates despite official figures showing inflation in the world’s largest economy increased for the fourth month in a row.

• Feb 12, 2025

Tesla, Instacart initiated: Wall Street's top analyst calls

Tesla, Instacart initiated: Wall Street's top analyst calls

• Feb 12, 2025

First look: Ryder data offers mixed signals on strength of used vehicle market

Ryder System’s fourth-quarter used vehicle sales were flat from the third quarter but down from a year ago. The post First look: Ryder data offers mixed signals on strength of used vehicle market appeared first on FreightWaves.

• Feb 12, 2025

El Salvador Dispatch: Berlín, the Bitcoin Marvel Hidden in the Mountains

Berlín, a city of 20,000 people, is home to El Salvador’s second Bitcoin circular economy. “Bitcoin City already exists. It’s called Berlín,” said one resident.