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The U.S. economy is strong, the labor market is "plausibly" at full employment, and inflation has come down and is approaching the Fed's 2% goal, Goolsbee said in remarks prepared for delivery to the regional Fed bank's annual auto symposium in Detroit. "Yet we now face a series of new challenges to the supply chain - natural and man-made disasters from fires and hurricanes to collisions with bridges that take out major ports, canal cloggings and threats of dockworker walkouts; geopolitical disruptions; immigration; and, of course, the threat of large tariffs and the potential for an escalating trade war," Goolsbee said. "If we see inflation rising or progress stalling in 2025, the Fed will be in the difficult position of trying to figure out if the inflation is coming from overheating or if it's coming from tariffs," Goolsbee said.

Shares of Google parent Alphabet tumbled Wednesday as several analysts lowered their price targets for the stock, citing concerns about the tech giant's weaker-than-expected cloud growth and plans to ramp up spending on AI.

(Bloomberg) -- Legendary short seller Jim Chanos says no one can see the biggest risks facing US markets over the next six to 12 months — because the challenges are going to be unpredictable events, like last month’s DeepSeek collapse that wiped out roughly $1 trillion in market value from US stocks. Most Read from BloombergState Farm Seeks Emergency California Rate Hike After FiresTransportation Memos Favor Places With Higher Birth and Marriage RatesCitadel to Leave Namesake Chicago Tower as Em

Cryptocurrencies rose today as the more friendly regulatory environment promised by President Donald Trump began to take shape, and as new economic data sent Treasury yields lower. Meanwhile, the price of the meme tokens Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) traded 1.7% and 5.1% higher, respectively.

Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) jumped 5.2% in the afternoon session after Benchmark analysts reaffirmed their Buy rating and set a $300 price target, suggesting shares could more than double from current levels following a meeting with CEO Joe Adams, who addressed concerns raised in a January 2025 short report by Muddy Waters Research.

(Bloomberg) -- Bond traders can’t predict what US President Donald Trump will do next, but that uncertainty can be exploited to generate strong returns, according to Pacific Investment Management Co.’s chief investment officer.Most Read from BloombergState Farm Seeks Emergency California Rate Hike After FiresTransportation Memos Favor Places With Higher Birth and Marriage RatesCitadel to Leave Namesake Chicago Tower as Employees RelocateNYC’s Newest Transit Leader Builds a Worker-Driven Strategy

BlackRock is gearing up to launch a bitcoin exchange-traded product in Europe within weeks, a source familiar with the matter told Reuters, amid growing demand for exposure to cryptocurrencies from both money managers and consumers. The Wall Street giant has incorporated a Zurich-based company focused on digital assets - iShares Digital Assets AG - in recent months, according to a regulatory filing seen by Reuters. BlackRock declined to comment.

Shares of multi-industry consumer and professional products manufacturer Griffon Corporation (NYSE:GFF) jumped 10.7% in the morning session after the company reported fourth-quarter financial results, which blew past analysts' EBITDA and EPS expectations. On the other hand, its revenue slightly missed, as modest improvements in the Home and Building Products (HBP) segment were offset by weaker demand in Consumer and Professional Products (CPP), particularly in North America and the UK​. Overall,

Shares of modular home and building manufacturer Champion Homes (NYSE:SKY) jumped 11.1% in the morning session after the company reported fourth-quarter results that significantly exceeded analysts' sales volume expectations. Sales grew 15.3% year-on-year, driven by a 14.1% increase in US homes sold and a 2.8% rise in the average selling price per home​. Gross margin expanded to 28.1%, benefiting from higher sales through company-owned retail centers and lower input costs​. EPS beat analysts' ex

Shares of social network Snapchat (NYSE: SNAP) fell 7.1% in the morning session after the company reported underwhelming fourth-quarter results, with revenue roughly in line with expectations.