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US wholesale inflation surprises on food, energy prices
NEWS INDUSTRY NEWS FEB 13, 2025
US wholesale inflation surprises on food, energy prices

The latest PPI print, clocking in north of 3 percent, adds to concerns that inflation is far from tamed.

Stock fragility near record levels, stirring memories of dot-com bubble
NEWS INDUSTRY NEWS FEB 13, 2025
Stock fragility near record levels, stirring memories of dot-com bubble

BofA strategists highlight rising volatility's risk to largest US stocks.

Is Microsoft debt now safer than Treasuries?
NEWS INDUSTRY NEWS FEB 13, 2025
Is Microsoft debt now safer than Treasuries?

DoubleLine PM raises an interesting, if uncomfortable, question.

Judge green lights Trump's federal workers buyout offer
NEWS INDUSTRY NEWS FEB 13, 2025
Judge green lights Trump's federal workers buyout offer

Unions can't sue because they are not directly impacted.

Morgan Stanley to offload another $3B of debt from Musk's X
NEWS INDUSTRY NEWS FEB 13, 2025
Morgan Stanley to offload another $3B of debt from Musk's X

Wall Street firm helped finance the billionaire's social media purchase.

House GOP takes first step toward tax cuts, debt limit increase
RETIREMENT TAX FEB 12, 2025
House GOP takes first step toward tax cuts, debt limit increase

The proposed budget, which Democratic critics pan as a "Republican betrayal of the middle class," would open up a $4.5 trillion runway over 10 years for more tax cuts.

Trump demands lower interest rates as Powell goes to Hill
NEWS INDUSTRY NEWS FEB 12, 2025
Trump demands lower interest rates as Powell goes to Hill

The president's call for monetary policy easing marks a shift from earlier remarks calling the Fed's January hold "the right thing to do."

Why aren't investors celebrating stellar US earnings season?
NEWS INDUSTRY NEWS FEB 12, 2025
Why aren't investors celebrating stellar US earnings season?

Tariffs, rates are overshadowing what should be a positive period.

Gold declines for second day following comments from Fed’s Powell
NEWS INDUSTRY NEWS FEB 12, 2025
Gold declines for second day following comments from Fed’s Powell

Record rally for bullion is on hold for now as investors weigh outlook.

BlackRock hopes to end dispute with FDIC over bank stakes
NEWS INDUSTRY NEWS FEB 12, 2025
BlackRock hopes to end dispute with FDIC over bank stakes

The deadline for an agreement has already been extended twice.