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Hungary Embraces Hawkish Rate Guidance After Inflation Spike

(Bloomberg) -- Hungary’s central bank adopted a more hawkish monetary policy guidance after a spike in inflation and concern about the impact of geopolitical risks for the recession-hit economy.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Texas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Newsom Enlists Magic Johnson, Guggenheim CEO for LA RebuildingNYC Subway’s Most Dangerous Stat

Fed’s Balance-Sheet Plans Mystify Wall Street as Officials Meet

(Bloomberg) -- Buried in a rote US Treasury survey released on the eve of the latest holiday weekend was a question that all of Wall Street wants the answer to: What’s the Federal Reserve’s plan once it’s done drawing down its crisis-era bond holdings?Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Texas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Newsom Enlists Magic Johnson, Guggen

Super Micro Computer stock is getting a fresh look from analysts

This story incorporates reporting fromForbes, TheStreet on MSN.com and Insider Monkey on MSN.com.Analysts have revisited the stock price target for Super Micro Computer, a leader in AI servers within the computer hardware sector. The company experienced a volatile stock performance throughout 2024, driven by fluctuations in the AI market. Recent financial performances in the second half of 2024, including third and fourth-quarter earnings as well as preliminary first-quarter reports from Novembe

French investigators open fraud probe against crypto platform Binance

PARIS (Reuters) -French investigators said on Tuesday they had opened a judicial probe into money laundering, tax fraud and other charges at Binance, the world's largest cryptocurrency exchange, which said it denied the allegations. The economic and financial crime section of the Paris public prosecutor's office (JUNALCO) said in a statement that the probe includes money laundering in connection with drug trafficking. The investigation is examining the period from 2019 to 2024, involving offences committed in France but also in all European Union countries, JUNALCO said.

Boeing stock rallies 6% on plane progress after $11.8-billion annual loss

(Reuters) -Boeing said on Tuesday it was making progress on increasing plane production, and its shares jumped 6%, despite the company recording its biggest annual loss in four years. The $11-8-billion loss, due to problems at its major units, along with fallout from a crippling strike, demonstrates the challenges facing CEO Kelly Ortberg in turning around the U.S. planemaker. Chief Financial Officer Brian West told analysts the planemaker had delivered 33 of its strongest-selling 737 jets so far in January.