January 2025 | Page 2 of 6 | Stock Market News

Israel and Hamas Reach Ceasefire Deal Amid Ongoing Conflict

Phased Agreement to Halt Violence After 15 months of relentless fighting, Israel and Hamas have reached a phased ceasefire agreement aimed at halting hostilities in the Gaza Strip. The accord, mediated by

3 days ago

Politics·World

wall-street-surges-core-inflation-data-lower-than-expected-strong-bank-earnings

Wall Street Surges as Core Inflation Eases and Bank Earnings Impress

Markets Climb to One-Week Highs Wall Street’s main indexes soared on Wednesday, fueled by lower-than-expected core inflation data for December and robust quarterly earnings from major U.S. banks. At 09:41 a.m. ET,

3 days ago

Markets

us-producer-prices-rise-less-than-expected-december-2024-inflation-trends-analysis

U.S. Producer Prices Rise Less Than Expected in December, Inflation Shows Signs of Easing

Moderate Inflation Trends U.S. producer prices rose 0.2% in December, slightly below the 0.3% increase economists had anticipated, according to the Labor Department’s report on Tuesday. This follows a 0.4% rise in

3 days ago

Economy

Wells Fargo Shares Soar After Beating Earnings Estimates and Issuing Strong 2025 Guidance

Fourth-Quarter Earnings Exceed Expectations Wells Fargo reported better-than-expected earnings for the fourth quarter of 2024, sending shares up over 5% on Wednesday. Here are the key highlights compared to Wall Street’s expectations:

3 days ago

Business

meta-to-lay-off-5-percent-of-workforce-in-2025-performance-driven-cuts

Meta to Lay Off 5% of Workforce in 2025 Performance-Driven Cuts

Meta Announces Workforce Reductions Meta has confirmed plans to cut approximately 5% of its workforce, targeting the company’s lowest-performing employees. The move was detailed in an internal memo from CEO Mark Zuckerberg,

3 days ago

Business

JPMorgan Chase Posts Record Earnings and Revenue

JPMorgan Chase Posts Record Earnings and Revenue, Setting Banking Milestones JPMorgan Chase reinforced its position as the largest and most profitable U.S. bank by reporting record quarterly and annual earnings and revenue

3 days ago

Investing

Oil Prices Dip Slightly as Market Weighs U.S. Sanctions on Russian Exports

Oil Prices Dip Slightly as Market Weighs U.S. Sanctions on Russian Exports Oil prices edged lower on Tuesday after reaching four-month highs earlier this week, as traders assessed the potential impact of

4 days ago

Economy

Wall Street Gains as Producer Inflation Cools, Fed Policy Eyed

Wall Street Gains as Producer Inflation Cools, Fed Policy Eyed U.S. stock markets climbed on Tuesday after a softer-than-expected producer inflation report provided some relief for investors, easing concerns about the Federal

4 days ago

Markets

JPMorgan Promotes Jennifer Piepszak to COO Amid Leadership Shuffle

JPMorgan Promotes Jennifer Piepszak to COO Amid Leadership Shuffle JPMorgan Chase announced a significant management reshuffle on Tuesday, naming Jennifer Piepszak as the new chief operating officer (COO). However, the nation’s largest

4 days ago

Business

China Reportedly Weighs Elon Musk Acquisition of TikTok’s U.S. Operations

China Reportedly Weighs Elon Musk Acquisition of TikTok’s U.S. Operations The Chinese government is reportedly considering a plan for Elon Musk to acquire TikTok’s U.S. operations as a contingency to prevent the

4 days ago

Business

January 2025 - Page 2

Israel and Hamas Reach Ceasefire Deal Amid Ongoing Conflict

Wall Street Surges as Core Inflation Eases and Bank Earnings Impress

U.S. Producer Prices Rise Less Than Expected in December, Inflation Shows Signs of Easing

Wells Fargo Shares Soar After Beating Earnings Estimates and Issuing Strong 2025 Guidance

Meta to Lay Off 5% of Workforce in 2025 Performance-Driven Cuts

JPMorgan Chase Posts Record Earnings and Revenue

Oil Prices Dip Slightly as Market Weighs U.S. Sanctions on Russian Exports

Wall Street Gains as Producer Inflation Cools, Fed Policy Eyed

JPMorgan Promotes Jennifer Piepszak to COO Amid Leadership Shuffle

China Reportedly Weighs Elon Musk Acquisition of TikTok’s U.S. Operations

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