• Jan 12, 2025

JPMorgan Chase, TSMC, UnitedHealth, and more stocks to watch this week

The stock market has yet to gain momentum in 2025. With Donald Trump’s inauguration on January 20th drawing near, all eyes are on how investors will react this week, as it carries its own significance with key earnings reports and the much-anticipated inflation data release, which is expected to stay high. Moreover, the recent job data was better than anticipated, suggesting that the Federal Reserve may postpone its decision to cut interest rates.

  • Jan 11, 2025

US Inflation Is Set to Back Fed Pause After Robust Jobs Data

(Bloomberg) -- Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and steadfast economy, supporting the Federal Reserve’s go-slow approach to further rate cuts.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York, San Francisco Ranked Worst for US Traffic in City CentersThe consumer price index excluding food and energy i

  • Jan 11, 2025

Reeves Seeks to Calm Market Turmoil as UK Touts China Deals

(Bloomberg) -- UK Chancellor of the Exchequer Rachel Reeves sought to allay market concerns over the government’s fiscal position during a trip to China, where she reached deals worth £600 million ($731 million) to the British economy over the next five years. Most Read from BloombergWhat Robotaxis Brought San FranciscoA Blueprint for Better Bike LanesAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC Condo Owners May Bear Costs of Landmark Green Building LawNew York, San Francisco

  • Jan 11, 2025

Spot Bitcoin ETF Biggest Winners and Losers One Year On

A year after they began trading, there was a clear winner among spot bitcoin exchange-traded funds. BlackRock's Bitcoin Trust saw investors pour in billions while Grayscale's Bitcoin Trust lagged behind after massive outflows.