Analysis-Trump's US presidency return ushers in new era of volatile markets
Donald Trump's inauguration on Monday could herald a more volatile period for markets, with the Republican seen moving quickly on a wide swath of issues including trade and immigration that are expected to swing asset prices. Trump's tariff plans could further fan inflation fears that pressures bond and stock prices, while efforts to tighten immigration controls could also reverberate through those markets. "The markets will be very sensitive to this speech," said Jeff Muhlenkamp, a portfolio manager at investment management firm Muhlenkamp & Co. "Everyone right now is trying to parse every word and nuance that comes from Trump or his biggest allies.”
Read MoreBest money market account rates today, January 15, 2025 (up to 4.85% APY)
Looking for the best money market account interest rates available today? Here’s a look at where to find the highest rates and whether now is a good time to open a money market account.
Read MoreStock Market Today: Stocks surge after inflation report shock
Stocks face a key early test with today's December inflation report and a quartet of big bank earnings.
Read MoreUS job seekers report mixed views about 2025 labor market
One of the top barriers to employment includes a lack of hard skills, soft skills and communication skills, job seekers say.
Read MoreUK inflation unexpectedly drops in December, easing pressure in bond markets
Inflation in the U.K. unexpectedly fell in December, a move that has bolstered expectations that the Bank of England will cut interest rates again next month and relieved some pressure on the U.K. government following the recent turbulence in financial markets. The Office for National Statistics said Wednesday that inflation, as measured by the consumer prices index, was 2.5% in the year to December, largely as a result of easing price pressures in the services sector, which accounts for around 80% of the U.K. economy. In the wake of the inflation numbers, markets have moved to price in a growing likelihood of a cut then, to the likely relief of Treasury chief Rachel Reeves, who has faced a stream of negative headlines in recent days over her handling of the economy since Labour returned to power last July for the first time in 14 years.
Read MorePacsun’s TikTok marketing won over Gen Z. What’s next amid ban anxiety?
At NRF, CEO Brieane Olson was optimistic that TikTok’s model could be replicated elsewhere in the case of a shutdown but feared for creators.
Read MoreNvidia’s $3 trillion rally is on edge, Wall Street is unfazed
(Bloomberg) -- Nvidia Corp.’s $3 trillion run-up in market value in the two years since ChatGPT helped trigger an AI frenzy is bigger than any stock rally in history in such a short time span. But the landscape is now changing for the chipmaker.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesCompetitors and customers are stepping up efforts to take a bigger slice of the artifi
Read MoreRolex Prices at Four-year Low on Secondhand Market
A report from Morgan Stanley and WatchCharts shows prices for watches of 35 prominent brands continued to decrease for the 11th consecutive quarter.
Read MoreBitcoin bulls ‘in control’ as long as price holds above $66.5K: Analysts
Bitcoin bulls will keep the upper hand over bears as long as the price holds …
Read MoreHow Scott Bessent Won Over MAGA and Wall Street
(Bloomberg) -- Scott Bessent wasn’t a familiar name in Republican political circles before Donald Trump nominated him to be Treasury secretary. “You know Scott Bessent?” Trump asked his guests from the stage of a reception this month at Mar-a-Lago. “Nobody heard of this guy.”Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesChicago Officials Pitch $1.5 Billion Plan to Fix Transi
Read MoreIndonesia Surprises With Rate Cut, Intervenes in FX Market
(Bloomberg) -- Indonesia defied market expectations by cutting its key interest rate, moving to bolster economic growth even after the local currency’s recent slide beyond the key level of 16,000 to the dollar.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesChicago Officials Pitch $1.5 Billion Plan to Fix Transit WoesBank Indonesia lowered the benchmark BI-Rate by 25 basis poi
Read MoreKey Beijing official in Hong Kong calls for white paper to elevate capital market
Hong Kong's capital market plays a key role in the city's financial system and national strategies but it falls short in many areas, according to Qi Bin, the deputy at the central government's liaison office in the city. "Compared with international best practices, Hong Kong still has shortcomings in market regulation, transaction costs and corporate governance," Qi said in a speech at the Hong Kong Capital Markets Forum on Wednesday. "Hong Kong could explore researching and developing a capital
Read MoreJPM 2025: Thermo Fisher ‘very positive’ on sterile demand as Catalent takes capacity out of market
The CDMO's growth strategy, capital deployment approach, and work with AI, among other things, have been key to its 2024 performance.
Read MoreWall Street billionaire Leon Black walks away from Telegraph takeover
A Wall Street billionaire who had been lined up to bankroll a takeover of The Telegraph has decided not to invest, raising fresh doubts over its chances of success.
Read MoreStock market today: Indexes mixed as investors brace for a critical inflation report
Investors are gearing up for December's crucial consumer price index to determine the direction of Fed policy.
Read More