ECB cuts rates. Lagarde in spotlight after German bonds tumble on spending plan.
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ECB cuts interest rate to 2.5%
Rate-setters shift tone, suggesting possible pause to reductions in borrowing costsFinancial Times - 1h -
How fast will the ECB cut interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - 4d -
ECB faces risk of ‘sleepwalking’ into too many rate cuts, says top official
Rate-setters need to stand ready to pause further monetary easing, Belgian central bank governor saysFinancial Times - Feb. 24 -
Euro zone inflation dips to 2.4% in February as ECB bets point to sixth rate cut
Economists surveyed by Reuters had been expecting inflation to ease to 2.3% in February.CNBC - 3d -
2-year Treasury yield slides as tariff worries linger, ECB cuts rates
Yields on U.S. government debt were mixed Thursday morning as the impact of tariffs weighed on broader sentiment, data showed weekly jobless claims receding from a three-month high, and the ...MarketWatch - 1h -
ECB cuts rates again and warns trade war fears are hurting Europe’s economy
Quarter-point cut to deposit rate, to 2.5%, comes as Trump prepares to impose tariffs on EU exports to US. Business live – latest updates The European Central Bank has cut interest rates ...The Guardian - 23m -
German parliament to hold special sessions on massive spending plan
Yahoo News - 5h -
How the House Republican budget plan hopes to cut trillions of dollars in spending
The budget plan that narrowly passed in the House of Representatives proposes trillions of dollars in cuts over 10 years. CBS News' Taurean Small reports.CBS News - Feb. 26 -
USAID cuts are just the start of Trump, Musk plan to slash agency spending
The dismantling of the United States Agency for International Development (USAID) appears to be the beginning of President Trump's efforts to instill massive cuts across federal agencies. CBS News' ...CBS News - 6d
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BJ’s Wholesale stands out by not warning on sales due to tariffs. Stock soars.
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Friday could be a critical day for investors, with a high-stakes jobs report and a Powell speech
U.S. stocks are falling, leaving the Nasdaq on the cusp of a correction.MarketWatch - 32m -
‘I’m deeply disturbed’: My portfolio lost 20%. With Trump’s trade war, do I sell my stocks and buy gold?
“With the current state of domestic and global affairs, I’m at a loss as to how to keep my economic stability in check.”MarketWatch - 51m -
Netflix subscriber boom that followed password-sharing crackdown should slow soon, analyst says
Subscriber numbers continued to shoot up in the second half of last year, but Netflix hasn’t significantly expanded its user base, Moffett Nathanson said.MarketWatch - 1h
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Sweeping Tariffs Threaten to Undo a 30-Year Trade Alliance
President Trump’s stiff tariffs on Mexico and Canada could push those allies into recession. The impact for America could be messy.The New York Times - 8m -
US floats new tariff reprieve for Canada-Mexico trade in latest shift
Move would expand one-month carve-out for car imports to include all USMCA-compliant goodsFinancial Times - 9m -
House censures Rep. Al Green for heckling Trump during speech to Congress
Fewer than 30 members of the House of Representatives have been censured. Green said about interrupting Trump, "Truthfully, I would do it again."CNBC - 10m -
BJ’s Wholesale stands out by not warning on sales due to tariffs. Stock soars.
Tariffs will raises prices for Americans, but BJ’s will use it’s ‘muscle’ when negotiating with suppliers to keep inflation down.MarketWatch - 17m -
Goldman Sachs Stands Apart Again — This Time for Its Annual Layoff Ritual
The investment banking giant stands by its practice of regular staff cuts often called its ‘annual cull,’ trying to cut between 3 and 5 percent of its workforce of 46,500.Inc. - 22m