world
CNBC Daily Open: Fed expectedly keeps rates steady — the intrigue was elsewhere
Powell left some advice to the next Fed chair. “Don’t get pulled into elected politics,” Powell said. “Don’t do it.” Source link
Gold jumps over 3% to fresh highs as Asia stock markets trade mixed after U.S. Fed holds rates
The bullion rose more than 3% on Thursday to breach the $5,500 per ounce mark for the first time. Source link
Samsung profit triples, beating estimates as AI chip demand fuels memory shortage
Samsung Electronics reported an over three-fold surge in fourth-quarter profits, hitting a new record and beating analysts’ estimates. Source link
Why Singapore is becoming a refuge for investors
Investors like Singapore for its location, English common-law, large private capital markets and access to emerging economies, experts say. Source link
Elon Musk says Tesla ending Models S and X production, converting Fremont factory lines to make Optimus robots
On Tesla’s fourth-quarter earnings call, CEO Elon Musk said the company is ending production of its Model S and X vehicles. Source link
Tesla set to report fourth-quarter earnings after the bell
Tesla’s earnings report comes weeks after Elon Musk’s automaker reported another decline in vehicle deliveries. Source link
Fed holds key interest rate steady as economic view improves
The Federal Reserve on Wednesday released its decision on interest rates. Source link
Here's what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in December. Source link
U.S. dollar rebounds after Bessent shuts down report of potential yen intervention
Treasury Secretary Scott Bessent shut down reports that the U.S. may step into the currency market. Source link
Meta set to report earnings: Update on revamped AI strategy is key to fourth quarter
Meta will report fourth-quarter earnings, and investors will be looking for any signs that its new AI strategy will benefit the company in the new year. Source link