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  • Feb 11, 2025

Wall Street ends mixed as Coca-Cola gains and Tesla drops

(Reuters) -Wall Street's main indexes ended mixed on Tuesday as gains in Coca-Cola and Apple offset losses in Tesla, while investors parsed Federal Reserve Chair Jerome Powell's latest comments. The U.S. central bank is no rush to cut its short-term interest rate again given the economy is "strong overall", with low unemployment and inflation still above the Fed's 2% target, Powell said in opening remarks at a Senate Banking Committee hearing. Investors were also on the lookout for any new tariff comments from U.S. President Donald Trump, a day after he substantially raised levies on imports of steel and aluminum and said there would be announcements over the next two days about reciprocal tariffs on all countries that impose duties on U.S. goods.

  • Feb 10, 2025

Too early to see impact of US tariffs on world economy, IMF head says

U.S. tariffs are an "evolving story" and it is too early to assess their impact on the world economy, International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday. "So when I think of the impact on the world economy, my answer to you would be today, it's too early to say." Georgieva said the world economy appeared remarkably resilient, despite a series of unprecedented shocks.

  • Feb 10, 2025

Southeast Asian Stocks Tumble as Dollar Outlook Dims Prospects

(Bloomberg) -- The dollar’s monthslong surge is adding another blow to Southeast Asian stock markets, where investors are already retreating to sidestep slowing economic growth prospects in the region.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome

  • Feb 10, 2025

Spotify Founders Pocket $1 Billion Selling Booming Tech Stock

(Bloomberg) -- Spotify Technology SA’s founders recently pocketed about $1 billion from selling the audio-streaming giant’s stock as they increasingly build up investments outside the company.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to

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