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Watch Fed Chair Powell testify live before the Senate Banking Committee

Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.

Published 11 February 2025
Categorised as Finance News

Fed Chair Powell says central bank doesn’t ‘need to be in a hurry’ to lower interest rates further

Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s 2% goal.

Published 11 February 2025
Categorised as Finance News

Watch Fed Chair Powell testify live before the Senate Banking Committee

Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.

Published 11 February 2025
Categorised as Finance News

Stocks making the biggest moves premarket: Coca-Cola, Shopify, Snap, First Solar & more

These are the stocks posting the largest moves in premarket trading.

Published 11 February 2025
Categorised as Finance News

Trump’s steel tariffs could trigger broader trade war as EU threatens ‘proportionate countermeasures’

European Commission President Ursula von der Leyen said U.S. tariffs “will not go unanswered.”

Published 11 February 2025
Categorised as Finance News

Kering slightly beats fourth-quarter forecasts even as sales at embattled Gucci brand plunge 24%

French luxury goods firm Kering reported better-than-expected fourth-quarter sales that were still down year-on-year amid lagging demand for the Gucci label.

Published 11 February 2025
Categorised as Finance News

Kering slightly beats fourth-quarter forecasts even as sales at embattled Gucci brand plunge 24%

French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label.

Published 11 February 2025
Categorised as Finance News

Kering shares pop 6% on fourth-quarter beat even as sales at embattled Gucci brand lag

French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label.

Published 11 February 2025
Categorised as Finance News

Kering shares pop 6% on fourth-quarter beat even as sales at embattled Gucci brand lag

French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label.

Published 11 February 2025
Categorised as Finance News

Italy’s UniCredit guides 2025 revenue slowdown after fourth-quarter profit beat

Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank’s M&A overtures.

Published 11 February 2025
Categorised as Finance News

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