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Inflation cooled more than expected in February.The consumer price index rose 2.8% year over year, under the expected 2.9% rate.Traders think the Federal Reserve will hold interest rates steady next week.Inflation slowed more than expected last month.The consumer price index, an inflation measure, increased 2.8% year-over-year in February. That’s under…

The US added 151,000 jobs in February, fewer than expected.Unemployment unexpectedly ticked up to 4.1% from 4%.The new data will be useful for the Federal Reserve to decide whether to keep interest rates steady.The job market was just a touch cooler in February, as new job creation clocked in at…

After a monthlong delay, Trump said he’ll place new tariffs on Canada and Mexico on Tuesday.Trump already placed a 10% tariff on China, and more could be coming.Here are the goods imported into the US the most from these three countries.When evaluating how President Donald Trump’s new tariffs on Mexico,…

The IRS terminated probationary workers this week, claiming those let go weren’t “critical” to tax filing season.The IRS has already been understaffed in recent years, resulting in delays in processing tax returns and customer service.One expert said there’s no way to cut a substantial number of workers without impacting filing…

Analysts say Tesla’s tariffs exposure remains uncertain and could hurt its margins — and its competitors’ more.Tesla is also likely to be impacted by the removal of Biden-era EV tax credits and the removal of emissions targets for automakers.However, Tesla could benefit from Elon Musk’s ties to Trump, especially when…

By Melanie Burton and Ernest Scheyder (Reuters) – U.S. President Donald Trump’s rollback of electric vehicle targets may temporarily slow demand for lithium and other critical minerals, but is unlikely to hamper the mining industry amid surging global EV demand, analysts and industry leaders said. Trump on Tuesday revoked predecessor…

By Lawrence White and Sinead Cruise LONDON (Reuters) – Bankers at JPMorgan worked through the night in a “war room” to try and assess the early impact of U.S. President Donald Trump’s administration on global trade, regulation and other matters, an executive at the bank said on Tuesday. “The last…

Investing.com — Jefferies analysts downgraded Apple stock to Underperform from Hold on Monday as they expect the tech giant to miss both earnings and guidance targets in its upcoming fiscal Q1 2025 report. The company’s shares fell around 1% in premarket trading Tuesday.  Jefferies’ price target on Apple Inc (NASDAQ:)…

Mark Zuckerberg said Meta is loosening some of its policies in an effort to avoid limiting free speech.Meta will remove restrictions on topics like gender, which means users may see more controversial opinions in their feeds.The policy shift is expected to change how your Facebook, Instagram, and Threads feeds appear.Don’t…

By Hyunjoo Jin SEOUL (Reuters) – Samsung Electronics (KS:), the world’s top memory chip maker, is expected to forecast on Wednesday its profit growth continued to slow in the fourth quarter as it struggled to keep up with Nvidia (NASDAQ:)’s strong demand for AI chips. Samsung, also the world’s largest…