News Archives - Page 298 of 308

Here Are the Key Takeaways From Powell’s Remarks in Chicago

Here are the key takeaways from Federal Reserve Chair Jerome Powell’s remarks at the Economic Club of Chicago Wednesday:

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Montana Renewables CEO Calls for Doubling in Plant-Diesel Quotas

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The US needs to roughly double its quotas for biomass-based diesel to help support the industry and sustain momentum for investments in green jet fuel, according to Montana Renewables Chief Executive Officer Bruce Fleming.

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Fed’s Powell says strong labor market depends on price stability

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U.S. Federal Reserve Chair Jerome Powell again stressed the central bank must ensure tariffs don’t trigger a more persistent rise in inflation.

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DeepSeek Poses ‘Profound’ Security Threat, US House Panel Claims

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A bipartisan House committee accused DeepSeek of posing a “profound threat” to US national security by harvesting American users’ data and sending it back to China, according to a report published on Wednesday.

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S&P Downgrades Quebec for First Time Since 1990s on Budget, Trade War

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S&P Global Ratings downgraded Canada’s second-largest province as the trade war with the US begins to hurt economic growth and government finances.

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Siemens Energy Lifts Revenue Guidance on Gas, Electricity Growth

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Siemens Energy AG substantially raised its revenue and net income outlook for the fiscal year, citing demand for gas turbines, gas services and electricity products.

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Pound Sterling Price News and Forecast: GBP/USD rises as UK inflation cools, BoE rate cut bets increase

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The British Pound advanced during the North American session, posting soft gains of 0.14% against the Greenback as inflation slowed to its weakest level in three months.

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United States 20-Year Bond Auction climbed from previous 4.632% to 4.81%

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United States 20-Year Bond Auction climbed from previous 4.632% to 4.81%

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Dow Jones slides as Nvidia, AMD tumble on chip tariffs; Powell speech eyed

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The Dow Jones Industrial Average (DJIA) registers minuscule losses in the mid-North American session as semiconductor-linked companies like Nvidia and AMD got hit by tariffs imposed by United States (US) President Donald Trump. The DJIA is down 0.46% above 40,100 for the second consecutive day.

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Tariff Panic Spurs Shopping, Fastest Sales Growth in Two Years

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Economic data just confirmed what anecdotal evidence had suggested: Consumers are rushing to make major purchases of cars, electronics and appliances in an attempt to get ahead of tariffs that could raise prices.

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