Month: February 2025
CNBC Daily Open: The Fed might pause rates over Trump tariff concerns
Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on Capitol Hill on February 11, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images Members of the U.S. Federal Reserve’s rate-setting committee unanimously agreed to hold rates steady in January because they were, […]
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Almost 90% of Japanese companies see Trump as bad for business, Reuters reports
Almost nine out of 10 Japanese companies expect U.S. President Donald Trump’s policies to negatively affect business, a Reuters survey showed on Thursday. Eschcollection | Digitalvision | Getty Images Almost nine out of 10 Japanese companies expect U.S. President Donald Trump’s policies to negatively affect business, a Reuters survey showed on Thursday, the clearest sign […]
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China keeps benchmark lending rates steady as PBOC prioritizes financial stability
The People’s Bank of China (PBoC) has set up a fintech committee. Zhang Peng | LightRocket | Getty Images China kept its key lending rates unchanged Thursday, as Beijing prioritizes financial stability over interest rate easing to bolster the economy. The People’s Bank of China held the 1-year loan prime rate unchanged at 3.1%, and […]
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Pentagon orders budget revamp to redirect $50 billion toward Trump’s defense priorities
U.S. Defense Secretary Pete Hegseth prepares to welcome Australian Defence Minister and Deputy Prime Minister Richard Marles at the Pentagon in Washington, U.S., Feb. 7, 2025. Nathan Howard | Reuters The Pentagon said on Wednesday it was directing the military to draw up a list of potential cuts totaling about $50 billion from the upcoming budget for fiscal year 2026 to […]
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S&P 500 futures inch lower after index notches fresh all-time high and record close: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on Feb. 19, 2025. Michael M. Santiago | Getty Images News | Getty Images S&P 500 futures moved lower Wednesday evening on the heels of the broad market index scoring a new all-time high and a closing record in the regular […]
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Asia-Pacific markets were mostly down as Trump tariff threats dent sentiment
Cityscape of Perth, the capital of Western Australia. Georgeclerk | E+ | Getty Images Asia-Pacific markets were mostly down Thursday, as investors weigh U.S. President Donald Trump’s proposed tariffs of about 25% on autos, semiconductors and pharmaceutical imports. Trump, who said the duties could be implemented as soon as April 2, did not specify whether they will be […]
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Gold rally has more room to run as Trump uncertainty supercharges demand
Gold’s 2025 rally has further to run according to strategists, as factors including geopolitical volatility, continued central bank demand and perceptions of a shortage drive the precious metal higher. The spot gold price has been on a tear since late December, rising from $2,587.6 on Dec. 18 to $2,941.1 on Feb. 19, smashing through all-time […]
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Host Hotels & Resorts CEO Jim Risoleo: The higher-end consumer is ‘very healthy’
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell: Overtime Jim Risoleo, Host Hotels and Resorts CEO, joins ‘Closing Bell Overtime’ to talk quarterly results, consumer travel trends, and more. 04:39 an hour ago Source
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A small, plug-in device is helping music artists get paid — and Elton John and ABBA’s Björn Ulvaeus are investors
Audoo, a tech company founded by musician-turned-entrepreneur Ryan Edwards, is tackling one of the music industry’s long-standing challenges — ensuring artists receive accurate royalties for their music played in commercial locations. The idea was born when Edwards heard his own music being played in a London department store, and he became curious about how royalties […]
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Carvana expects another ‘strong’ year after topping fourth-quarter expectations
A Carvana sign and signature vending machine in Tempe, Arizona. Michael Wayland | CNBC Carvana topped Wall Street’s top- and bottom-line expectations for the fourth quarter while guiding for another “strong” year in 2025. Carvana, as it has in the past, gave a broad guidance outlook for this year that includes growth in both retail […]
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