Inflation will fall to 2% by mid-2026 barring Trump tariff harm: study
As price pressures gradually ease, the U.S. economy will likely expand 2.3% this year and 1.8% next year, according to the Conference Board.
Deere Stock Slides as Sales Fall More Than Expected
Shares of Deere & Company dropped Thursday morning after the company's sales for the first quarter of fiscal 2025 fell well short of what analysts had expected.
Hyatt Stock Falls as Company Says Election, Jewish Holidays Weighed on Q4 Results
Hyatt Hotels on Thursday reported worse-than-expected fourth-quarter results, and it said group demand was impacted by the U.S. presidential election and the timing of Jewish holidays.
Tesla Stock Rises On Inclusion in State Department Spending Forecast
Tesla shares rose Thursday morning after a U.S. State Department forecast was reported Wednesday afternoon, revealing that the electric vehicle maker is a possible choice for an estimated $400 million contract for armored electric vehicles.
Robinhood Stock Hits All-Time High as Soaring Crypto Trading Powers Q4 Profit
Robinhood Markets reported fourth-quarter profit that was more than double estimates on booming cryptocurrency trading.
Reddit Stock Slips After Disappointing User Growth—Watch These Price Levels
Reddit shares were lower in early trading on Thursday after the social discussion platform’s underwhelming user growth overshadowed better-than-expected quarterly results. Monitor these crucial post-earnings chart levels.
PPI Inflation Report Shows Eggs Lift Wholesale Prices Again
The Producer Price Index was up 3.5% year-over-year in January, and higher by 0.4% from December, spurred by a 44% jump in egg prices.
South Korea to Start Lifting Ban on Corporations Trading Crypto
The country restricted institutions from trading crypto in 2017.
US wholesale prices remained high last month, a sign progress on inflation may have stalled
US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for American shoppers.
Tether May Have to Sell Some Bitcoin to Comply With U.S. Stablecoin Rules: JPMorgan
Company data suggests that Tether's reserves are 66% compliant under the STABLE Act and 83% under the GENIUS Act, the report said.