• Feb 12, 2025

Fed Needs Clarity on New Policies Before Rate Cuts, Bostic Say

(Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank must gain more insight on proposed policy changes on issues like trade and immigration before adjusting interest rates.Most Read from BloombergWhy American Mobility Ground to a HaltSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank Says“My view is until we have more clar

• Feb 12, 2025

Powell Says New Inflation Data Show Fed Has More Work to Do

(Bloomberg) -- Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial progress toward taming inflation, there is still more work to do.Most Read from BloombergWhy American Mobility Ground to a HaltSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank SaysThe Forgotten French Architect Who Rebuilt

• Feb 12, 2025

Small carrier market update: The freight market’s slow, steady climb toward tightening

If you’re a small carrier, you’re likely wondering what happened to the shift in the market — the key word here is gradual. While many of the signals point to a tightening freight market, the reality is that the road back to a balanced supply-and-demand cycle is moving at a slow crawl rather than a […] The post Small carrier market update: The freight market’s slow, steady climb toward tightening appeared first on FreightWaves.

• Feb 12, 2025

Bitcoin Briefly Drops Below $95,000 As Inflation Fears Reignite

Hotter-than-anticipated inflation data saw bitcoin (BTCUSD) briefly dip below $95,000 as investors' hopes of a rate cut by the Federal Reserve at its March meeting dimmed further.

• Feb 12, 2025

Bitcoin stays below $100,000 as inflation concerns persist, weakening risk appetite

Last month, inflation in the U.S. spiked by 3%, revealing that prices for everyday goods and services are continuing to rise.

• Feb 12, 2025

Kraft Heinz Stock Drops as Q4 Sales, 2025 Outlook Lag Estimates

Kraft Heinz shares fell Wednesday as the food giant reported fourth-quarter sales and issued 2025 guidance that missed analysts' estimates.

• Feb 12, 2025

Tesla, Palantir Among Top Gainers Today With Stocks Under Pressure

Some big tech shares were holding up Wednesday afternoon as inflation data and questions about the path ahead for interest rates weighed on U.S. stocks.

• Feb 12, 2025

Trump wants interest rate cuts. The market isn't buying it.

Just before the release of Wednesday’s monthly consumer price report, President Donald Trump called for lower interest rates in a post on his Truth Social platform.

• Feb 12, 2025

Trump selects Brian Quintenz to head CFTC as agency's oversight over crypto may grow

Quintenz previously served as CFTC commissioner and is currently leading policy at a16z's crypto arm.

• Feb 12, 2025

Why Angi (ANGI) Stock Is Up Today

Shares of home services online marketplace ANGI (NASDAQ: ANGI) jumped 4.6% in the afternoon session after the company reported strong fourth-quarter results, significantly surpassing analysts' sales and profit expectations. Its service request volume, a key pulse check on customer demand, exceeded Wall Street estimates, driving the revenue beat. The company didn't explicitly provide sales forecasts but gave EBITDA guidance in line with consensus estimates, which is reassuring. Zooming out, we th