US manufacturing output accelerates in December
WASHINGTON (Reuters) – U.S. manufacturing output surged in December likely as production at Boeing picked up following the tip of a crippling strike by factory staff on the aerospace giant….
Business
Dow, S&P, Nasdaq rise as techs and rate-cut hopes revive
Housing starts rose in December, buoyed by a pickup in multifamily construction. Data from the Census Bureau showed that housing jumped 15.8% in December to an annual rate of 1.49…
Technical Assessment: Bullish within the Intermediate-Term
Technical Assessment: Bullish within the Intermediate-Term
Small caps lose Trump bump as rising rates sap strength
By Lewis Krauskopf NEW YORK (Reuters) – As investors seek assets that can shine under a Donald Trump presidency, one corner of the U.S. stock market expected to learn from…
Global diesel prices spike as US hits Russia with latest sanctions
By Ahmad Ghaddar, Shariq Khan, Trixie Yap and Enes Tunagur LONDON (Reuters) – Global diesel prices and refining margins spiked following the most recent round of U.S. sanctions on Russia’s…
Evaluation-China’s vast refining sector faces shakeout as fuel demand peaks
By Chen Aizhu SINGAPORE, (Reuters) – As much as 10% of China’s oil refining capability faces closure in the following ten years as an earlier-than-expected peak in Chinese fuel demand…
Citigroup axes more jobs as a part of ongoing cost-cutting plan
(Reuters) -Citigroup is cutting more jobs this week after going through an overhaul last 12 months, a spokesperson for the lender said on Thursday, as a component of the sweeping…
1 Hypergrowth Tech Stock to Buy in 2025
It never hurts to plan ahead. One in all the best hypergrowth stocks in the marketplace is a terrible buy right away, but that ought to change in 2025. An…
Bitwise Crypto Index ETP Delayed Until March by SEC
SEC Extends Review Period for Bitwise Crypto Index ETP Filing The Securities and Exchange Commission has prolonged its review period for NYSE Arca’s proposal to list shares of the Bitwise…
Nasdaq slide leads stocks lower with earnings, Bessent confirmation hearing in focus
Stocks rallied Wednesday after December’s CPI print finally showed some relief in core inflation and investors calibrated Fed rate cut bets. But the specter of sticky prices still looms within…