A customer shops for produce at an H-E-B grocery store on Feb. 12, 2025 in Austin, Texas.Brandon Bell | Getty ImagesEarly economic data for the first quarter of 2025 is pointing towards negative growth, according to a Federal Reserve Bank of Atlanta measure.The central bank's GDPNow tracker of incoming...
Check out the companies making headlines in midday trading. Nvidia — The heavyweight chipmaker added 1.6%, attempting a comeback after its 8.5% loss from the previous session. Nvidia shares lost momentum this week after the company posted its revenue beat for the period was the smallest in two years...
Digital banking services provider Alkami Technology is acquiring Mantl, which has been described as “the Shopify of account opening,” for $400 million. Mantl, founded in 2016 by Nathaniel Harley and Benjamin Conant, developed software to make it easier for people to open accounts digitally at community banks and credit unions....
Inflation eased slightly in January as worries accelerated over President Donald Trump's tariff plans, according to a Commerce Department report Friday.The personal consumption expenditures price index, the Federal Reserve's preferred inflation measure, increased 0.3% for the month and showed a 2.5% annual rate.Excluding food and energy, the core PCE...
Check out the companies making headlines before the bell. Nvidia – Shares of the artificial intelligence chip darling fell around 2%, extending its 8.5% loss from the previous session. This comes on the heels of the company seeing a decline in its gross profit margin for the fourth quarter,...
People shop and walk in the shopping streets in the city center of Munich, Bavaria, Upper Bavaria, Germany, on February 20, 2025.Michael Nguyen| Nurphoto | Getty ImagesGerman annual inflation came in at an unchanged but higher-than-expected 2.8% in February, provisional data from statistics agency Destatis showed Friday.The print is...