• Feb 21, 2025

Rusal Stock Trading Surges 15-Fold on Bets of Russia Reopening

(Bloomberg) -- One of the few Russian companies left on any of the world’s major exchanges saw a more than 15-fold surge in trading activity this week as speculators bet US President Donald Trump will try to ease sanctions.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Airbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: D

• Feb 21, 2025

US consumer sentiment plunges over tariff and inflation fears

Inflation is picking up again and President Donald Trump said this week it’s all his predecessor’s fault. But no matter who Trump blames for inflation, America’s economic mood is now souring — and Trump is getting the heat for it.

• Feb 21, 2025

Middle-class relief as olive oil prices finally fall

Olive oil prices have started to fall from record highs in a boost for middle-class kitchens.

• Feb 21, 2025

Consumer sentiment slumps on fears tariffs will fuel inflation

Long-run inflation expectations this month rose to 3.5% in the biggest month-over-month increase since May 2021, the University of Michigan said.

• Feb 21, 2025

Block Stock Tumbles as Slower Consumer Spending Hurt Results

Block's profit, sales, and outlook were short of forecasts as consumer spending slowed.

• Feb 21, 2025

US business activity stalling, consumers' inflation expectations surge

WASHINGTON (Reuters) -U.S. business activity nearly stalled in February amid mounting fears over tariffs on imports and deep cuts in federal government spending, erasing all the gains notched in the aftermath of President Donald Trump's election victory. The tumble in activity to a 17-month low reported by S&P Global on Friday was the latest in a string of surveys to suggest that businesses and consumers were becoming increasingly rattled by the Trump administration's policies. "The Trump business honeymoon is over, it seems," said Kyle Chapman, FX markets analyst at Ballinger Group.

• Feb 21, 2025

Coinbase says SEC agrees to right ‘major wrong’ and dismiss consequential lawsuit against crypto exchange

The regulator sued the U.S.’s most prominent crypto exchange in June 2023 for allegedly flouting securities laws.

• Feb 21, 2025

Super Micro Computer’s Next Leg Hinges on Keeping Nasdaq Listing

(Bloomberg) -- The next leg of Super Micro Computer Inc.’s rally, which has seen the shares jump more than 90% this year alone, hinges on the stock being able to trade on a major exchange. Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Airbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is f

• Feb 21, 2025

Elon Musk won't drop the idea of auditing the Fed

Billionaire Elon Musk once again suggested that the Federal Reserve should undergo closer scrutiny, saying Thursday at a gathering of conservatives that he plans to audit the central bank.

• Feb 21, 2025

The best trade in the market might be following everything Elon Musk touches

Musk-affiliated assets have really shined since Trump's inauguration, but banking on a figure known for unpredictability comes with risks.