The Fed will cut rates fewer times and start them later than market hopes, according to CNBC Fed Survey
Only 9% of CNBC Fed Survey respondents see the central bank cutting rates in March.
Launch of new ETFs may not affect bitcoin the same way they did gold, Citi says. Here’s why
Maybe ETFs could benefit bitcoin down the road, but near term, it’s more likely the cryptocurrency returns to high correlations with stocks, according to Citi.
‘No shipping, no shopping’: Trade experts warn Congress what more Houthi Red Sea chaos will mean for economy
MSC, the world’s largest shipper, joined retail and maritime experts in warning Congress about Houthi ‘chaos’ and the impact on freight and consumer prices.
Apple iPhone shipments may see ‘significant decline’ in 2024, analyst says
Apple may see a drop in iPhone shipments this year, due in part to the growing popularity of foldable phones, analyst Ming-Chi Kuo says.
Citadel’s Ken Griffin says the economy looks ‘pretty damn good right now’
Citadel CEO Ken Griffin believes the U.S. economy is in a better position than it was last fall, but warns that high fiscal spending could pose risks.
European markets close slightly higher; euro zone GDP data shows Germany on the brink of recession
European markets ended the day higher on Tuesday as investors digested preliminary fourth-quarter GDP figures for the euro zone.
Alphabet shares slide on disappointing Google ad revenue
Alphabet reported earnings after the bell. Here are the results.
IMF warns British government against more tax cuts
There is a need to put in place medium-term fiscal plans that will accommodate a significant increase in spending pressures, the IMF’s chief economist said.
Symptoms from excessive screen time cost the U.S. $73 billion a year, study finds
Nearly 70% of people working office jobs spend upward of seven hours a day watching screens, study finds.
Delivery Hero plunges to record low after selling stake in food delivery rival Deliveroo
The Deliveroo stake sale will fetch $97.4 million for Delivery Hero, less than a third of what it paid for the shares when it first bought them in 2021.
