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Browsing: Business
Silver slid to the mid-$70s after US payrolls rose 130,000 and unemployment held at 4.3%, as dollar strength and futures volatility hit global metals at noon ET.
U.S. stocks sank Feb. 12 as tech fell, sending Nasdaq down 2% and S&P 500 down 1.6%. Cisco slid 12% and losses spread across Wall Street while yields eased too.
Congressional Budget Office projects US debt near $64 trillion within a decade as annual deficits rise and interest costs grow under current law and tariffs now.
McDonald’s topped forecasts in Q4 2025 as U.S. comparable sales rose 6.8% and global comps gained 5.7%, lifting revenue 10% to $7.01B, whilst EPS rose to $3.03.
Meta began building a $10 billion, 1GW data center campus in Lebanon, Indiana, with 4,000 construction jobs, 300 roles and an early 2028 opening target in phases.
Gold slipped as a firmer U.S. dollar followed a stronger January jobs report, with payrolls up 130,000 and unemployment at 4.3%, ahead of U.S. CPI Friday print.
Tax Foundation says Trump tariffs cost households about $1,000 in 2025, as customs duties surged and studies found most costs passed to U.S. buyers at checkout.
Gold regained the $5,000 mark, trading near $5,078 as the U.S. dollar softened, while investors tracked central bank reserves and sharp swings in silver market.
Amazon set 2026 capex near $200B, sparking a tech pullback that erased about $1T from S&P 500 software value since Jan. 28. Dow closed over 50,000; Amazon fell.
Amazon shares fell about 8% after forecasting $200 billion in 2026 capital spending and posting Q4 results, with AWS revenue rising and cash flow easing in 2025.
