Truckers don’t need to worry about the economy
Businesses are heading into 2025 with lean inventories and high demand from consumers. The post Truckers don’t need to worry about the economy appeared first on FreightWaves.
Canadian Oil Takes Solace in Lower-Than-Feared 10% Tariff
(Bloomberg) -- Canada’s energy patch may have temporarily dodged disaster in the trade war with the US, with President Donald Trump’s orders taxing crude at a lower rate and possibly letting producers avoid levies altogether on some shipments.Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityWhen French Communists Went on a Brutalist Building BoomTrump Paves the Way to Deputize Local Police on ImmigrationHow the 2025 Catholic Jubilee Is Reshaping RomeH
Trump’s tariff threats were not taken seriously and markets completely under-priced the risks, Deutsche Bank strategist says
Deutsche Bank has a wake up call for analysts who denied Trump would deliver on tax rhetoric—but UBS is questioning how quickly the White House may retreat.
Ether, Memecoins Plunge as Traders Dump Risk After Trump Tariffs
(Bloomberg) -- Donald Trump’s moves to impose tariffs on major US trading partners sparked a selloff in cryptocurrencies, with an index of smaller tokens on track for the steepest two-day rout in almost three years. Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityWhen French Communists Went on a Brutalist Building BoomTrump Paves the Way to Deputize Local Police on ImmigrationHow the 2025 Catholic Jubilee Is Reshaping RomeHistoric London Elevator Fac
Bitcoin Plummets to Three-Week Low, Dragging Down Asian Crypto Stocks
On Feb. 3, Asian crypto stocks experienced significant declines as Bitcoin fell to $91,163, marking its lowest level in over three weeks.
Crypto market sees $2B in liquidations — bigger than Covid and FTX crashes
Crypto market suffers $2.29 billion in liquidations, surpassing COVID and FTX crashes. Fears of a global trade war spark sell-offs, hitting Bitcoin, Ether, and major altcoins.
Bitcoin, Crypto Stocks Sink on Concerns Over Impact of Trump Tariffs
Bitcoin slid to about $95,000 Sunday night into Monday morning, while a number of cryptocurrency-related stocks also sank in premarket trading as the market reacts to the potential impact of the new tariffs rolled out by the Trump administration over the weekend.
Saia (NASDAQ:SAIA) Surprises With Q4 Sales, Stock Soars
Freight transportation and logistics provider Saia (NASDAQ:SAIA) announced better-than-expected revenue in Q4 CY2024, with sales up 5% year on year to $789 million. Its GAAP profit of $2.84 per share was 2.6% above analysts’ consensus estimates.
Chile’s Economic Activity Capped 2024 on Stronger Footing
(Bloomberg) -- Chile’s economic activity increased for the third straight month in December as factors including lower interest rates and strong copper production help to steady growth following a stretch of volatility. Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityWhen French Communists Went on a Brutalist Building BoomTrump Paves the Way to Deputize Local Police on ImmigrationHow the 2025 Catholic Jubilee Is Reshaping RomeHistoric London Elevator