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Commodities
CBOT corn ends down on profit-taking, big US planting expectations
CHICAGO, Feb 21 (Reuters) - Chicago Board of Trade corn futures closed down on Friday as profit-taking and expectations for large U.S. plantings yanked the market from an 18-month high, traders said.Strong U.S. export demand drove the most-active contract Cv1 to levels not seen since August 2023 bef...Reuters
Fri, Feb 21
Economic Indicator
TREASURIES-Yields fall as data weakens, rate cut bets ramp up
Business activity, consumer sentiment, home sales all declineBOJ boosts bond markets with possible bond purchasesNext week's PCE next major U.S. economic focusUpdated in New York afternoon timeBy Karen Brettell NEW YORK, Feb 21 (Reuters) - Benchmark 10-year U.S. Treasury yields fell to a two-...Reuters
Fri, Feb 21
Commodities
Los Angeles Mayor removes fire chief over handling of wildfires
Feb 21 (Reuters) - Los Angeles Mayor Karen Bass removed Fire Chief Kristin Crowley on Friday for her handling of the wildfires in January that killed more than two dozen people and destroyed more than 13,000 structures, the mayor said in a statement.Reuters
Fri, Feb 21
Stocks
US STOCKS-Wall Street slides on mounting concerns over economy, tariffs
Payments firm Block falls as Q4 profit misses estimatesUnitedHealth drops after report of DOJ investigationIndexes set for steep weekly percentage losses Indexes down: Dow 1.68%, S&P 500 1.53%, Nasdaq 1.91%Updates to mid-afternoonBy Stephen Culp NEW YORK, Feb 21 (Reuters) - Wall Street tumble...Reuters
Fri, Feb 21
Economic Indicator
What to Watch in the Week Ahead and on Monday, February 24
The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Workspace/Eikon users can register at DAY/US. Thomson One users can register at RT/DAY/US. All times in ET/GMTON MONDAYDomino's Pizza is expe...Reuters
Fri, Feb 21
Other
Motor racing-F1 considering louder future with V10s and sustainable fuel
By Alan BaldwinLONDON, Feb 21 (Reuters) - Formula One could be racing towards a far noisier future after the sport's governing body triggered talk of a return to roaring V10 engines, this time powered by fully sustainable fuel.Grand prix cars have been powered by 1.6 litre V6 turbo hybrid engine...Reuters
Fri, Feb 21
Cryptocurrencies
“To be honest right now, everyone is affected,” Bybit’s Jan says
Crypto exchange ByBit says everyone is affected by the suspected hack of one of its cold wallets leading to the theft of almost $1.4 billion in Ethereum. During a live stream X platform, ByBit’s head of derivatives and Institutions, Shunyet Jan, precisely said “to be honest right now, everyone is affected.” JUST IN: Bybit when […]Cryptopolitan
Fri, Feb 21
Stocks
Why Hims & Hers Health Stock Is Plummeting Today
Shares of Hims & Hers Health (NYSE: HIMS) are falling on Friday. The company's stock lost 23.2% as of 1 p.m. ET and lost as much as 26.1% earlier in the day. The move comes as the S&P 500 lost 1% and the Nasdaq Composite lost 1.3%.Hims & Hers, one of the most popular telehealth services in the world...The Motley Fool
Fri, Feb 21
Other
Uber CEO Khosrowshahi supports Trump's push to eliminate taxes on tips
Feb 21 (Reuters) - Uber's UBER.N CEO Dara Khosrowshahi said on Friday that both he and the ride-hailing firm are supportive of U.S. President Donald Trump's initiative to eliminate taxes on tips received by its drivers."I think the President has said he believes in no taxes on tips gener...Reuters
Fri, Feb 21
Other
AM Best upgrades The General to A-plus after being acquired by Sentry
By Isha MaratheFeb 20 - The General has had its financial strength rating (FSR) upgraded to A-plus from A and its long-term issuer credit ratings (ICRs) raised to “aa-minus” from “a-plus” by AM Best in the wake of the carrier’s acquisition by Sentry Insurance Group.The ratings upgrades apply to Per...Reuters
Fri, Feb 21
Stocks
BUZZ-Illumina extends fall as Bernstein flags competition from Roche's device
** Shares of gene-sequencing equipment maker Illumina ILMN.O fall 2.7% to $94.6** Bernstein analysts say Roche's ROG.S new gene sequencing device designed to decode diseases such as cancer, immune disorders and neurodegenerative diseases outperforms ILMN's devices** ROG unveiled the device o...Reuters
Fri, Feb 21
Other
EXCLUSIVE-U.S. exempts security funds from aid freeze — but little for humanitarian programs
Majority of funds for security, counternarcotics programsLimited exemptions for humanitarian aid, USAID programsCriticism over narrow aid focus, potential security risksBy Jonathan Landay, Simon Lewis WASHINGTON, Feb 21 (Reuters) - The Trump administration released $5.3 billion in previously froz...Reuters
Fri, Feb 21
Cryptocurrencies
Bitcoin Blasts Past $98,000: Is $100K Next, Or A Trap?
Bitcoin has soared past the $98,000 on Thursday, fueling intense debate among traders over whether the $100K milestone is again within reach or if the current rally is vulnerable to a swift correction. Behind the scenes, market observers point to surging open interest (OI) and increased leverage, sp...NewsBTC
Fri, Feb 21
Other
IRS blocks Musk aide from accessing taxpayer data
Feb 21 (Reuters) - The U.S. Internal Revenue Service has signed a deal with a key aide to tech billionaire Elon Musk limiting his access to data and preventing him from viewing information on individual taxpayers, according to an agreement seen by Reuters.The agreement was signed by Gavin Kliger, th...Reuters
Fri, Feb 21
Stocks
Why Shares of Tesla Are Sinking Today
Shares of Tesla (NASDAQ: TSLA) traded 4% lower as of 1:56 p.m. ET, along with the broader market and as the electric vehicle maker had to recall hundreds of thousands of vehicles. The Dow Jones Industrial Average had tanked nearly 700 points, while the Nasdaq Composite had fallen over 1.6%.Investors...The Motley Fool
Fri, Feb 21
Stocks
DOJ launches UnitedHealth billing probe, WSJ reports; insurer says it is unaware
UnitedHealth shares drop amid report of DOJ Medicare billing probeInvestigation examines Medicare Advantage billing practices for extra payments, WSJ reportsAnalysts say uncertainty weighing on sharesAdds Medicare Advantage description, paragraph 8, WSJ reporting, paragraph 14, analyst, UNH and CVS...Reuters
Fri, Feb 21
Stocks
T-Mobile's Market Position: A Moneyball Deep Dive
In the telecommunications industry, T-Mobile US (NASDAQ: TMUS) has transformed from a disruptive underdog to a major player through strategic acquisitions and network expansion. Let's analyze what The Motley Fool's Moneyball scoring system reveals about T-Mobile's current position and future potenti...The Motley Fool
Fri, Feb 21
Commodities
TotalEnergies chief says EU may wish to consider its own DOGE programme
Expands CEO's remarks in paragraphs 3-4PARIS, Feb 21 (Reuters) - Patrick Pouyanne, the chairman and CEO of TotalEnergies TTEF.PA, said on Friday the European Union may wish to consider its own government downsizing programme, like the one implemented by U.S. President Donald Trump.Many critics o...Reuters
Fri, Feb 21
