Stocks and bonds rally after US price pressures ease
Headline inflation rises to 2.9% in December but closely watched core figure dips unexpectedly
Read more at Financial Times
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Oil ends lower after a 3-day rally lifted prices to their highest since August
Oil futures settled with a loss on Tuesday, giving back some ground after a three-day rally driven in part by a new round of U.S. sanctions on Russia’s oil industry lifted crude prices to to their ...MarketWatch - 20h -
US oil group under pressure to exit Russia after Biden widens sanctions
Lawmakers tell SLB, better known as Schlumberger, to quit country or risk penaltyFinancial Times - 1d -
Investing in Stocks and Bonds Will Be Trickier Under Trump
Sizzling returns may well continue, but our columnist suggests that it would be wise to prepare for the next storm.The New York Times - 4d -
Stocks and Bonds Fall After Strong Jobs Report Fuels Interest Rate Concerns
Stronger-than-expected data on the labor market has added to clues that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.The New York Times - 4d -
Bond market turmoil eases as Treasury minister says ‘no need’ for government intervention – business live
Lib Dems say chancellor should stay and make emergency fiscal statement and also cancel planned national insurance hike. Reeves’ fiscal rules non-negotiable in face of bond sell-off, deputy ...The Guardian - 6d -
Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility
Used vehicle prices are expected to continue to stabilize in 2025 after swinging wildly for several years before starting to calm down in 2024.NBC News - 6d -
Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility
Cox Automotive expects wholesale prices on its Manheim Used Vehicle Value Index will end this year 1.4% higher than in December 2024.CNBC - 6d -
US stocks rally to shake off new year jitters amid light trading
S&P 500 ends day 1.3% higher in its biggest rise since the day after Donald Trump’s election victory on November 6Financial Times - Jan. 3 -
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.The Wall Street Journal - Jan. 3
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US earnings latest: Wall Street profits surge on trading boom
Shares rise in morning trading as Wall Street banks report bumper earningsFinancial Times - 6h -
Austria’s far right hits Europe’s soft centre
The Mitteleuropa troublemakers might not always act in unison but they are becoming impossible to sidelineFinancial Times - 39m -
Britain should stop pretending it wants more economic growth
Almost everyone in politics has something they prioritise over itFinancial Times - 5h -
UK inflation unexpectedly slows to 2.5% in December
Data drives gilts rally on hopes of rate cuts and provides some relief for chancellor Rachel ReevesFinancial Times - 1h -
Gilt investors warn Reeves she may need to raise taxes
Chancellor seeks to reassure bond market after UK borrowing costs rose to highest level since financial crisisFinancial Times - 6h
More in Business
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The crazy ride in quantum computing stocks continues as shares rip higher on Microsoft's 'quantum-ready' directive
Quantum computing stocks rallied Wednesday after Microsoft urged businesses to get "quantum-ready" in 2025.CNBC - 4m -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - 10m -
FDA Bans Red Dye 3 in Foods, Linking It to Cancer in Rats
Consumer and food safety groups have long urged the agency to revoke the use of this dye and others. The F.D.A. says there still is no evidence it is a human carcinogenic.The New York Times - 17m -
TikTok Says U.S. Employees Will Have Jobs Even if the App Is Banned
The company is awaiting a decision over the constitutionality of a new law that aims to force a sale of the app to a non-Chinese owner under the threat of a ban.The New York Times - 17m -
Inflation Rose in December, Putting Rate Cuts Into Question
The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.Inc. - 26m