Deutsche Bank relaunched coverage of the transportation space on Friday with a strong bias toward companies most likely to benefit from a pickup in the industrial economy. The post Deutsche Bank eyes industrial rebound, endorses these transportation stocks appeared first on FreightWaves.
In an economy where everything is suddenly uncertain, the Federal Reserve is waiting to see how things shake out before making any big moves.
(Bloomberg) -- Federal Reserve Governor Adriana Kugler said it’s likely appropriate for the US central bank to hold interest rates steady for “some time,” pointing to upside risks to inflation.Most Read from BloombergNJ College to Merge With State School After Financial StressTrump Administration Plans to Eliminate Dozens of Housing OfficesRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldWhere New York City's Zoning Reform Will Add Hou
The crypto community remains divided on President Trump's Strategic Crypto Reserve proposal as a White House Summit approaches.
BigBear.ai shares sank more than 20% Friday, a day after the provider of AI-powered predictive analytics reported a wider-than-expected loss and issued an outlook that disappointed.
The White House Crypto Summit allegedly will not propose capital gains tax exemptions for cryptocurrency. However, the industry is waiting for the final verdict.
(Bloomberg) -- US government bond yields rose Friday after comments by Fed Chair Jerome Powell tamped down expectations the central bank could resume cutting interest rates as soon as May. Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-
(Bloomberg) -- Federal Reserve Chair Jerome Powell acknowledged increased uncertainty in the US economic outlook, but said officials don’t need to rush to adjust policy.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year Low“Despite ele
Federal Reserve Governor Adriana Kugler said Friday it still remains challenging getting a handle on the impact of the Trump tariff regime, in a climate where these sorts of policies could lead to higher inflation pressures. There is still, I would say, considerable uncertainty” amid the tariff push and “uncertainty can actually really slow down some of the economic activity” that otherwise would have happened, Kugler said in comments before a gathering held by the Banco de Portugal. She also said the tariffs pursued by the Trump Administration can drive up inflation and later depress growth.
The idea for the U.S. digital asset stockpile is part of Trump's plans to "make sure the U.S. is the Crypto Capital of the World."
