News

(Bloomberg) -- The Federal Reserve will keep interest rates steady through the first half of the year, before delivering two reductions beginning in September, according to economists surveyed by Bloomberg News. Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Pennsylva

The Merchants Payments Coalition and the Payment Choice Coalition locked arms to advance stablecoins as the Senate Banking Committee passed a stablecoin bill.

U.S. equity funds attracted inflows for the week ending March 12 as some investors were buoyed by a weaker CPI reading, while worries persisted over the economic impact of President Donald Trump's trade policies. U.S. equity funds saw net purchases of $4.67 billion during the week, although the strong inflows from February, which totaled about $9 billion, have tapered off with a combined outflow of $4.81 billion in the first two weeks of March. "We recommend investors embrace diversification and stay invested despite ongoing volatility ...

(Bloomberg) -- European Union officials are urging member countries to set aside long-standing clashes over centralized supervision of capital markets so they can accelerate defense financing.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Pennsylvania Hospitals at Ris

Ulta Beauty shares are jumping in premarket trading Friday, a day after the cosmetics retailer reported better-than-expected fourth-quarter results.

(Reuters) -Investors are increasingly taking refuge from the tumultuous U.S. stock market by pouring into a type of exchange-traded fund that offers a tradeoff, a cap on potential gains in return for a cushion against possible losses. Over the past month, as the market has pulled back sharply, "buffer" ETFs have seen $2.5 billion of inflows, according to CFRA Research. On Monday, the S&P 500's biggest drop of the year, such buffer ETFs pulled in $140 million in net assets, according to CFRA.

WASHINGTON (Reuters) -Since U.S. President Donald Trump took office in January, he has imposed biting new tariffs, with more coming, begun a disruptive cull of federal jobs and spending, risked a political fracture with Europe, and acknowledged that an economy that was by most measures fine when he took over now faces some bumps, or worse. Business and consumer sentiment have dropped, some measures of manufacturing have weakened, and the stock prices that contributed to record household wealth just as Trump was about to return to Washington have declined sharply, a possible precursor to slower spending among wealthier households that has propped up overall consumption. Employment growth has largely persisted, and inflation has continued to moderate, according to the most recent data, but tariffs imposed by the U.S. and retaliatory actions from trading partners raise the chance that could reverse.