timef 02/12/2025

U.S. Treasury yields rose on Wednesday after the January consumer inflation report.

The consumer price index was expected to increase 0.3% in January, according to the Dow Jones consensus estimate.

Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.

It caps off the first full quarter with David Joyner, a longtime CVS executive, as CEO of the troubled retail drugstore chain.

London-based fintech Zepz is laying off around 200 IT workers as part of a major redundancy plan, two employees impacted by the move told CNBC.

This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its monetary policy meeting on Feb. 7.

The far-right Alternative fuer Deutschland (AfD) is dominating polls in East Germany just weeks before the federal election on Feb. 23.

Investors seem to be growing worried that Elon Musk, for all his business acumen, is getting distracted, with his fingers in too many pies.

SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company's revenue also missed analysts' estimates.

Europe is looking to be a part of the conversation around AI leadership and innovation that has so far been dominated by the U.S. and China.

Baidu plans to release the next generation of its model for powering generative AI applications in the second half of this year, according to a source familiar with the matter.

CATL is also listed on the Shenzhen stock exchange, boasting a market cap of $150.5 billion. The battery giant supplies big automakers like Tesla.

Investors seem to be growing worried that Elon Musk, for all his business acumen, is getting distracted, with his fingers in too many pies.

Investor Kingsley Jones names his favorite investment bank stocks and says "Wall Street, in general, will do quite well" under Trump.

Super Micro expressed confidence it will meet a key SEC deadline this month and hit $40 billion in revenue in fiscal 2026.

Tesla shares fell 6% on Tuesday and have dropped for five straight days, wiping out over $200 billion in market cap.

Amazon has continued to tweak its physical store footprint over the years, opening and closing bookstores, cashierless convenience marts and clothing stores.

"We play by the rules. If there is an international sanction, which is anchored, we would not want to go around it," the oil minister told CNBC.

Musk, the world's richest man and the leader of Tesla, SpaceX and X, contributed more than $250 million to getting Trump elected.

Super Bowl 59 attracted 127.7 million viewers across Fox's broadcast network as well as streaming platforms, according to Nielsen.

In a memo to OpenAI employees on Tuesday, CEO Sam Altman said the board hasn't received an official offer from Elon Musk regarding a potential purchase.

The billionaire hedge fund founder's comments came after Trump on Monday evening signed an order that would impose 25% tariffs on steel and aluminum imports.

Trump's post suggested the two leaders could discuss pathways to ending the conflict.

President Donald Trump's tariffs, implemented or just threatened, are causing "chaos" for the U.S. automotive industry, according to Ford Motor CEO Jim Farley.

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