Tesla, Facebook lead market cap stock movers on Wednesday
Wednesday’s market has seen notable shifts with stocks like Tesla Motors (NASDAQ:TSLA) and Facebook Inc (NASDAQ:META) experiencing significant gains, while others have showcased equally impressive movements. The day has been characterized by a series of intra-day
Michigan governor warns Trump tariffs on Mexico, Canada could harm US auto sector
(Reuters) – Michigan Governor Gretchen Whitmer on Wednesday warned that potential 25% tariffs on imports from Mexico and Canada suggested by President-elect Donald Trump could harm the U.S. auto sector, boost vehicle prices and benefit China. The Democratic governor said in
Bank of England to cut interest rates four times this year – Reuters poll
By Hari Kishan and Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by Reuters said, but they added that risks to inflation are to the
Fed’s Barkin says latest CPI data shows price pressures continue to ease
ANNAPOLIS, Maryland (Reuters) – U.S. inflation data for December indicates price pressures are continuing to ease, Richmond Federal Reserve President Thomas Barkin said on Wednesday after a government report showed that an important underlying measure of price increases had slowed
Wall Street analysts react to latest inflation data
Investing.com — The latest U.S. Consumer Price Index (CPI) report has sparked a range of reactions from Wall Street analysts, with key implications for Federal Reserve policy and market expectations. ING maintained its forecast of three rate cuts in 2025 but adjusted