US stocks fall after the Fed held rates steady but suggested the inflation drop has stalled. Meta, Tesla and Microsoft report earnings after the bell.
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Fed holds rates steady, hitting pause after series of cuts
Markets Slide as Fed Holds Rates Steady; Nvidia Drops on China Concerns
The Fed kept rates at 4.25 to 4.50% with a 77.6% chance of no change in March. Stocks fell, led by Nvidia's 4% drop on China export worries while Asia-Pacific markets gained.
Federal Reserve meeting this week on 2025 interest rates as Trump demands cuts
The Federal Reserve is set to discuss interest rates this week, with no expected changes despite President Trump's calls for a rate cut. (Scripps News)
Donald Trump's rapid move to ban a "digital dollar" has left the field wide open, observers say, for China and Europe to make their already-advanced central bank digital currency (CBDC) prototypes into global standard-setters.
Standard Chartered's Geoffrey Kendrick explains why the impact of DeepSeek on the AI industry could be good for the Bitcoin price.
Shares in Nvidia, whose semiconductors power the AI industry, fell nearly 17 percent on Wall Street, erasing nearly $600 billion of its market value.
The Lunar New Year holiday, China’s most important festival, begins today and runs until Tuesday next week. Millions of Chinese leave the cities to travel back home for a rare break with family during the holidays, which tend to distort economic data early in the year.
The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.
President Donald Trump ordered the creation of a digital asset working group on Thursday which, among other things, would be tasked with exploring a U.S. cryptocurrency stockpile.
Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial intelligence startup DeepSeek demonstrated a chatbot that it says rivals the
Major AI players, including Nvidia, Meta, Microsoft, and Alphabet, saw significant losses, with Nvidia shedding over 11% and losing $400 billion in market value. Analysts highlighted China’s growing challenge to US tech dominance.
The Fed holds rates steady … Trump tariffs are the big unknown today … more DeepSeek analysis from Louis Navellier … good news on the 10-year Treasury yield Today, the Federal Reserve kept interest rates steady at the current target rate of 4.
U.S. Customs and Border Protection officials seized millions of dollars in knock-off jewelry items and advised American consumers as Valentines Day nears to be leery of fake products.
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