Ad Giant WPP Stock Sinks on Weak Revenue Outlook
U.S.-listed shares of WPP sank 15% Thursday when the giant advertising firm's revenue declined and it gave soft guidance as North America and China sales slid.
London Stock Exchange will survive exodus of companies, insists chief
Britain’s stock market can survive the wave of companies quitting to move to New York, the head of the London Stock Exchange Group (LSEG) has said.
Fed's Schmid: 'Now is not the time to let down our guard' on inflation
Kansas City Fed president Jeff Schmid warned about the lessons of the 1970s as he expressed new worries about rising consumer expectations of future inflation.
Crypto Holds as TradFi Sinks on Latest Trump Tariff Threat
Already having posted sharp losses over the past days, the price of bitcoin held about steady following the news.
Saylor says he’ll buy ‘all the Bitcoin’ if it drops to $1
MicroStrategy Chairman Michael Saylor reassured investors, claiming Bitcoin could never drop to $1, and if it did, he would buy it all.
1 Top Cryptocurrency to Buy Before It Soars 337%, According to Cathie Wood
Wondering whether Ethereum is a contender in the crypto race, despite recent price drops? Cathie Wood has some thoughts, and even a restrained version of her analysis suggests market-beating returns in the long run.
Schmid Says Fed May Need to Balance Growth Concerns, Inflation
(Bloomberg) -- Federal Reserve Bank of Kansas City President Jeff Schmid sounded a warning about rising inflation expectations and concerns over economic growth, cautioning that the US central bank may soon confront both.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew
US economic growth slows in fourth quarter
U.S. economic growth slowed in the fourth quarter, the government confirmed on Thursday, and the loss of momentum appears to have persisted early this quarter amid cold temperatures and concerns that tariffs will hurt spending through higher prices. Economists polled by Reuters had expected that GDP growth would be unrevised. GDP growth was revised up by less than 0.1 percentage point, which after rounding matched the 2.3% rate that was estimated last month.
America First? Not when it comes to stock markets worldwide this year
The US stock market has risen in 2025 and isn't far from its all-time high set last week. But it's climbed less than stock indexes in Mexico City, Paris and Hong Kong.View on euronews
Rise in US inflation expectations means Fed has to stay on guard, Schmid says
Recent surveys showing a rise in consumer inflation expectations mean the U.S. central bank needs to keep its focus on ensuring price pressures are fully contained, Kansas City Federal Reserve President Jeff Schmid said on Thursday, highlighting a growing and potentially troubling issue for policymakers. "The last two months have seen a sharp upward movement in some measures of expected inflation," Schmid said in remarks prepared for delivery at a federal agriculture conference. "Certainly, survey measures of inflation expectations are imperfect and subject to noise, but with inflation just recently at a 40-year high, now is not the time to let down our guard."