Breaking News: Economy
Stocks making the biggest moves after hours: Klaviyo, Carvana, Palantir and more
Check out the companies making headlines in after-hours trading. Klaviyo – The software company surged almost 6% after fourth-quarter results topped Wall Street expectations. Klaviyo posted adjusted earnings of 7 cents per share on $270 million in revenue, above the 6 cents per share and $257 million in revenue that analysts surveyed by LSEG were […]
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Fed officials are worried about tariffs’ impact on inflation and see rate cuts on hold, minutes show
Federal Reserve officials in January agreed they would need to see inflation come down more before lowering interest rates further, and expressed concern about the impact President Donald Trump’s tariffs would have in making that happen, according to meeting minutes released Wednesday. Policymakers on the Federal Open Market Committee unanimously decided at the meeting to […]
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Stocks making the biggest moves midday: Occidental, Hims & Hers, Bumble, quantum stocks and more
Check out the companies making headlines in midday trading: Analog Devices — Shares gained 8% after the semiconductor manufacturing company beat earnings and revenue expectations and management signaled a “return to growth” for the 2025 fiscal year. Analog Devices reported adjusted earnings of $1.63 per share on revenue of $2.42 billion, while analysts polled by […]
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Trump suggests 25% tariffs on autos, pharma and semiconductors that could go even higher
U.S. President Donald Trump speaks at Mar-a-Lago in Palm Beach, Florida, U.S., Feb. 18, 2025. Kevin Lamarque | Reuters President Donald Trump said he may broaden the scope of U.S. tariffs on imports to include automobiles, pharmaceuticals and semiconductors. In remarks to reporters Tuesday, Trump said the duties would be around 25% and “go very […]
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India’s aviation market could see 15% growth in next decade: Air India Express
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Aloke Singh, managing director of Air India Express, says India’s aviation industry is heavily leveraged to the country’s expansion and expects 14% to 15% growth in the sector if GDP grows as projected. Source
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France’s 2026 budget to be a ‘demanding’ undertaking, French economy minister warns
Ironing out the 2026 budget of the euro zone’s second-largest economy will prove a “demanding” task, French Economy Minister Eric Lombard told CNBC’s Charlotte Reed, after lawmakers earlier this month finally adopted 2025’s financial plan after a spate of tumultuous, government-toppling attempts. France has charted a trajectory to reduce its public deficit, aiming to reach […]
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Fed Governor Bowman says more progress on inflation is needed before further rate cuts
Key Points Federal Reserve Governor Michelle Bowman said on Monday she wants to see data reflect more progress on inflation before cutting interest rates further. While she expects inflation to continue to decelerate this year, she said disinflation “may take longer than we would hope.” The Fed maintained its target rate at a range of […]
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From tariffs to DOGE, what companies are saying about the impact of MAGA policies
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on Jan. 20, 2025. Saul Loeb | Via […]
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China’s central bank governor says stable yuan key to global financial stability
Pan Gongsheng, governor of the People’s Bank of China (PBOC), during the Asian Financial Forum in Hong Kong, China, on Monday, Jan. 13, 2025. Lam Yik | Bloomberg | Getty Images China’s central bank governor said on Sunday a stable yuan currency has been key to global financial and economic stability and Beijing will continue […]
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Here’s a potential winner from the Trump tariffs: American tourists traveling abroad
A customer at a food market in Palma, Mallorca, Spain. Andrey Rudakov/Bloomberg via Getty Images As economists ring alarm bells over the impact of President Donald Trump’s tariff policy on consumers and the U.S. economy, there’s a group of Americans who may benefit: tourists traveling abroad. That’s due to the impact of tariffs on the […]
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