Latest News View More Analysis-Dollar rules as investors eye Trump's economic policies U.S. President-elect Donald Trump's imminent return to the White House and fading hopes for aggressive interest rate cuts have driven the dollar to multi-year highs, and investors see this strength continuing, aided by the new administration's pro-growth and inflationary policies. Much of these gains have occurred since Trump's victory in the November election, as investors raced to prepare portfolios for the new administration's trade and tariff policies, which are expected to offer near-term dollar support while pressuring other economies and currencies. Tariffs with their potentially inflationary pressures could prompt the Fed to be cautious with rate cuts, even as trade tensions darken the global economic growth outlook and send more investors seeking the safe-haven dollar. Reuters • 2 minutes ago UnitedHealth beats profit estimates on lower-than-expected costs Analysis-Codelco boosts 2024 copper output but late push strains workers, delays maintenance Big banks enter the Trump era on a high note: Morning Brief Global unemployment set to hold near historical low of 5%, ILO says Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom UK Growth Disappoints in First Month After Reeves’ Budget Stock Market News View More Morgan Stanley Places Bets on These 2 Energy Stocks If the rise of Donald Trump has taught us anything about politics, it’s to expect the unexpected – but with his second term as President just a few days away, there are a few things that we can confidently predict. Prime among these is a drastic change in American energy policy. A supportive policy for energy will likely include both new exploration and new drilling activities – and that will open up plenty of opportunities as oil and gas companies expand their revenue bases. Morgan Stanley’s se TipRanks • 9 minutes ago PR EXE Stocks Rise on Fed Rate-Cut Bets, Earnings Boost: Markets Wrap Geberit CEO expects stable, slightly positive US construction market ahead of Trump term Kraft Heinz makes Marcel Regis president of West and East markets XRP Hits 7-Year High of $3 as Meme Coins on XRP Ledger Surge, Boosting ARMY Market Cap to $107 Million Investors Shun French Markets as Political Risk Still Lingers LG CNS Said to Be Poised to Price IPO at Top of Marketed Range Earnings View More Deliveroo Posts Revenue Rise, Lifts Earnings Expectations The food delivery company reported higher fourth-quarter revenue, boosted by accelerated gross transaction value growth in its key markets, and raised its full-year adjusted earnings expectations. The Wall Street Journal • 3 hours ago GTVH S&P 500 Gains and Losses Today: Bank Earnings, Soft Inflation Help Boost Index A Netflix Bull Trimmed His Price Target—But the Stock Is Rising Ahead of Earnings Goldman Sachs Earnings: Profit Surges, Powered by Investment Banking BlackRock Earnings: Profit Increases; Assets Set Record JPMorgan Chase Earnings: Profit Leaps, Boosted by Strong Revenue Across Businesses Wells Fargo Stock Climbs as Earnings Top Estimates Fed is in a waiting game, not a 'stopping game': Economist December's Consumer Price Index (CPI) data revealed prices to have risen in line with economist expectations, inching up by 0.4% for the month and 2.9% over the past year. Core CPI, which excludes volatile food and energy prices, showed encouraging signs of cooling by rising below projections — 0.2% month-over-month and 3.2% year-over-year. New Century Advisors' chief economist Claudia Sahm joins Morning Brief to share her insights on the latest inflation figures. Sahm notes there is continued "slow progress" on inflation. "That's the big piece of this. We've been in a very wait-and-see on the inflation front... so it is a bit of a breather to get some not-bad news this morning. But it's really not a game changer," she tells Yahoo Finance. Sahm — a former Federal Reserve Board economist and the creator of the central bank's Sahm Rule recession indicator — draws parallels to early 2024's economic conditions. She highlights how the Fed had "set a really high bar" for ensuring inflation was not only decreasing but would stabilize at their target rate of 2%. "That means you have to wait. It's not about one month of good news. It's not about two months of good news," she explains. "Just because we're in a waiting game doesn't mean we are in a stopping game," she states. While the data suggests an easing cycle, Sahm expects it to be "very slow," noting it's "too early" to predict how exactly the Fed will cut interest rates in 2025. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith 05:34 Big Banks shine on Q4 earnings, but risks loom ahead 06:55 Investors should 'get excited' about Meta if TikTok is banned 04:32 How the LA wildfires may hit Big Bank earnings in 2025 03:02 Treasury Sec. pick Scott Bessent gears up for confirmation hearing From the Yahoo Finance Newsroom View More Short-selling firm Hindenburg Research is closing up shop The final accounting on 'Bidenflation' Stock market today: Dow jumps 700 points, Nasdaq soars 2.5% after cool CPI reading Housing inflation pressures ease in encouraging sign for Fed Scott Bessent to face questions about tariffs and Trumponomics 2.0 in Senate grilling Jamie Dimon's 'base case' for stepping down as JPMorgan CEO is a few years from now These are the biggest issues facing the fashion industry in 2025 Gasoline prices rise 4.4% in December as 'elevated' geopolitical tensions push energy costs higher Premium News View More U.S. Tries to Stop TSMC From Producing Chips For Blacklisted Chinese Firms TikTok Plans To Go Dark; U.S. Creator Startup Funding Bounces Back Equity Markets Rally, Yields Slump After CPI Report, Bank Earnings Weekly US Crude Inventories Fall, Oil Prices Rally Following IEA, OPEC Reports Economic Activity Grew 'Slightly to Moderately' to Wrap Up 2024, Fed's Beige Book Shows Equities Jump Intraday After CPI Report, Bank Earnings BlackRock Sees 'Dynamic' Investing Environment This Year After Booking Record AUM in 2024 New York Manufacturing Unexpectedly Contracts in January Housing View More US Mortgage Rates Top 7%, Reach Highest Since May of Last Year Brookfield Is Planning to Sell Its Spanish Student Housing Business for €1.3 Billion US 30-year mortgage rate tops 7%, highest since May 2024 LA Rental Hits $40,000 a Month as Fires Roil Housing Market Biggest US banks ready mortgage relief for victims of Los Angeles wildfires Swedish real estate group SBB says creditor drops lawsuit California homeowners insurance market tested as fires rage US 30-year fixed-rate mortgage rate hovers just under 7% Personal Finance Mortgage and refinance rates today, January 16, 2025: Rates drop after inflation report Yahoo Personal Finance • 7 minutes ago How does a drive-by appraisal work? 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The year's weak performance underlines Germany's status as Europe's worst performing major economy and shows the country as having no meaningful growth in the past four years as it has struggled to deal with major shifts in the global economy. Short-selling firm Hindenburg Research is closing up shop One of the stock market's most prominent short sellers is shutting down and planning to reveal its methods after the firm disbands. Core CPI rises less than forecast as inflation pressures ease slightly in December A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision. 8 tips for paying off student loans fast Start budgeting and saving to repay student loans so you won’t be in debt for years. SMCI Stock Rises. Don’t Expect a Major Move Until Super Micro Posts Earnings. Super Micro Computer stock was rising Wednesday. The company has until Feb. 25 to file its delayed earnings statement for the last fiscal year under an agreement with the Nasdaq Stock Market. This time a year ago, Super Micro was getting swept up in excitement about artificial intelligence, and shares rose to more than $100 in March 2024. Analyst Report: Rio Tinto Group Rio Tinto is a global diversified miner. Iron ore is the dominant commodity, with significantly lesser contributions from copper, aluminum, diamonds, gold, and industrial minerals. The 1995 merger of RTZ and CRA, via a dual-listed structure, created the present-day company. The two operate as a single business entity, with shareholders in each company having equivalent economic and voting rights. Major assets included the Pilbara iron ore operations, a 30% stake in the Escondida copper mine, 66%-ownership of the Oyu Tolgoi copper mine in Mongolia, the Weipa and Gove bauxite mines in Australia, and six hydro-powered aluminum smelters in Canada. Stock Market Holidays 2025: Is Wall Street Open On Martin Luther King Jr. Day? Take a look at this list of stock market holidays in 2025 to find out whether the market will be open on days like Labor Day, Black Friday, Christmas Eve and more. Affirm, SoFi Initiated At Outperform In Consumer Digital Financing William Blair initiated coverage of Affirm stock and SoFi with outperform ratings viewing them as share gainers in the consumer financing market. Dollar steadies ahead of Trump inauguration, yen rises before BOJ meeting The U.S. dollar steadied on Thursday despite the sharp fall in U.S. bond yields after Wednesday’s inflation data as market focus shifted to Donald Trump’s presidential inauguration and possible inflationary impact of his policies. Meanwhile the yen rose against the dollar and the euro as investors expected the Bank of Japan to hike rates next week. The highlight of the day should be the nomination hearing of the future Treasury minister Scott Bessent in front of the Senate Finance Committee. JP Morgan 2025: Eli Lilly misses 2024 revenue estimate by $400m Eli Lilly’s CEO Dave Ricks cited stocking levels and unexpected market dynamics in Q4 2024 in the GLP-1RA market.
