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Bitcoin continues to faces strong resistance levels as it approaches $100,000.

The newly introduced trade tariffs on goods won't impact companies like Nike as much as a lack of inspiration, according to BMO Capital Markets analyst Simeon Siegel.

(Bloomberg) -- Mexico’s inflation slowed more than expected in January, supporting the central bank’s decision to deliver a half-point cut to its benchmark interest rate and signal additional reductions of the same magnitude. Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeNYC Sees Pedestrian Traffic Increase in Congestion-Pricing ZoneHow London’s Taxi Drivers Navigate the City Without GPSTra

LONDON (Reuters) -Oil prices rose on Friday after new sanctions were imposed on Iran's crude exports but were on track for a third straight week of decline, hurt by U.S. President Donald Trump's renewed trade war on China and threats of tariffs on other countries. Brent crude futures were up 42 cents, or 0.6%, at $74.71 a barrel at 1300 GMT, but were poised to fall 2.6% this week. The U.S. Treasury said on Thursday it was imposing new sanctions on a few individuals and tankers helping to ship millions of barrels of Iranian crude oil per year to China, in an incremental move to increase pressure on Tehran.

Non-lethal weapons company Byrna (NASDAQ:BYRN) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 78.9% year on year to $27.98 million. Its GAAP profit of $0.41 per share was significantly above analysts’ consensus estimates.

Shares of shoe maker Skechers slumped 12% in premarket trading Friday following a disappointing outlook and the CEO's comments on the potential impact of tariffs.

News of the day for Feb. 7, 2025