Jerry Lin
The Latest
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Inflation Surges to 3% in January, Raising Pressure on Fed to Hold Rates
U.S. inflation accelerated in January, exceeding expectations and adding pressure on the Federal Reserve to keep interest rates steady for longer. The consumer price index (CPI) rose 0.5% for the month, bringing the annual inflation rate to 3%, according to data released Wednesday by the Bureau of Labor Statistics. The figures came in higher than Dow Jones estimates of 0.3% for the monthly gain and 2.9% for the yearly rate. 
U.S. inflation accelerated in January, exceeding expectations and adding pressure on the Federal Reserve to keep interest rates steady for longer. The consumer price index (CPI) rose 0.5% for the month, bringing the annual inflation rate to 3%, according to data released Wednesday by the Bureau of Labor Statistics. The figures came in higher than Dow Jones estimates of 0.3% for the monthly gain and 2.9% for the yearly rate. -
Intel Shares Surge After VP JD Vance Pledges AI Safeguards and U.S. Chip Dominance
Intel shares climbed 8% on Tuesday after Vice President JD Vance vowed that the U.S. would protect its artificial intelligence technology and semiconductor industry from foreign threats. Speaking at the Paris AI Summit, Vance warned that authoritarian regimes were misusing AI for military intelligence and surveillance and emphasized the administration's commitment to blocking such efforts. 
Intel shares climbed 8% on Tuesday after Vice President JD Vance vowed that the U.S. would protect its artificial intelligence technology and semiconductor industry from foreign threats. Speaking at the Paris AI Summit, Vance warned that authoritarian regimes were misusing AI for military intelligence and surveillance and emphasized the administration's commitment to blocking such efforts. -
Gold Prices Hit Record High as Trump’s Tariffs Fuel Safe-Haven Demand
Gold prices surged to a record high on Tuesday, driven by investor demand for safe-haven assets following President Donald Trump's decision to raise tariffs on steel and aluminum imports. The move, which imposes a flat 25% duty on the metals without exceptions, has heightened fears of a global trade war and potential economic repercussions. 
Gold prices surged to a record high on Tuesday, driven by investor demand for safe-haven assets following President Donald Trump's decision to raise tariffs on steel and aluminum imports. The move, which imposes a flat 25% duty on the metals without exceptions, has heightened fears of a global trade war and potential economic repercussions. -
EU Vows ‘Firm’ Response After Trump Imposes 25% Steel, Aluminum Tariffs
The European Union vowed to retaliate against President Donald Trump's newly announced tariffs on steel and aluminum, escalating trade tensions between the U.S. and its allies. European Commission President Ursula von der Leyen condemned the measures, calling them "unjustified" and warning they would trigger "firm and proportionate countermeasures." 
The European Union vowed to retaliate against President Donald Trump's newly announced tariffs on steel and aluminum, escalating trade tensions between the U.S. and its allies. European Commission President Ursula von der Leyen condemned the measures, calling them "unjustified" and warning they would trigger "firm and proportionate countermeasures." -
U.S. Added 143,000 Jobs in January, Unemployment Rate Dips to 4% Amid Economic Uncertainty
The U.S. labor market added 143,000 jobs in January, falling short of economists' expectations, while the unemployment rate edged down to 4%, according to data released Friday by the Bureau of Labor Statistics. The report, which included routine annual data adjustments, signaled a slowdown in hiring as businesses recalibrate workforce needs amid evolving economic conditions. 
The U.S. labor market added 143,000 jobs in January, falling short of economists' expectations, while the unemployment rate edged down to 4%, according to data released Friday by the Bureau of Labor Statistics. The report, which included routine annual data adjustments, signaled a slowdown in hiring as businesses recalibrate workforce needs amid evolving economic conditions. -
Oil Prices Decline as Trump Pledges Record U.S. Production, Iranian Sanctions Add Volatility
Oil prices fell in volatile trading Thursday as President Donald Trump renewed his pledge to boost U.S. crude production in an effort to lower prices, raising concerns about oversupply. The market, however, found some support from fresh U.S. sanctions on Iranian crude exports, aimed at cutting off Tehran's oil revenues. 
Oil prices fell in volatile trading Thursday as President Donald Trump renewed his pledge to boost U.S. crude production in an effort to lower prices, raising concerns about oversupply. The market, however, found some support from fresh U.S. sanctions on Iranian crude exports, aimed at cutting off Tehran's oil revenues. -
Bank of England Cuts Interest Rate to 4.5%, Slashes UK Growth Forecast for 2025
The Bank of England cut its benchmark interest rate by 25 basis points to 4.5% on Thursday, marking its first rate reduction of 2025 and signaling further cuts ahead as policymakers confront weak economic growth. The move was widely expected following a series of sluggish data releases, but the central bank's decision to slash its 2025 growth projection from 1.5% to 0.75% caught markets off guard. 
The Bank of England cut its benchmark interest rate by 25 basis points to 4.5% on Thursday, marking its first rate reduction of 2025 and signaling further cuts ahead as policymakers confront weak economic growth. The move was widely expected following a series of sluggish data releases, but the central bank's decision to slash its 2025 growth projection from 1.5% to 0.75% caught markets off guard. -
Private Payrolls Rise 183,000 in January, Beating Estimates as Wage Growth Holds Steady
Private-sector employment in the U.S. expanded more than expected in January, with 183,000 new jobs added, according to ADP's National Employment Report released Wednesday. The data underscores a resilient labor market despite ongoing economic uncertainties and potential Federal Reserve policy shifts. 
Private-sector employment in the U.S. expanded more than expected in January, with 183,000 new jobs added, according to ADP's National Employment Report released Wednesday. The data underscores a resilient labor market despite ongoing economic uncertainties and potential Federal Reserve policy shifts. -
Geopolitical Tensions Push Gold to Record Highs, Analysts See Path to $3,000
Gold soared to a new record on Tuesday, surging above $2,800 per ounce and spotlighting investors' deepening concerns about geopolitical tensions and inflationary pressures. Spot gold rose 1.1% to $2,844.56 per ounce as of 1:40 p.m. ET, briefly hitting a historic $2,845.14 earlier in the session, while U.S. gold futures settled 0.7% higher at $2,875.80. Gold soared to a new record on Tuesday, surging above $2,800 per ounce and spotlighting investors' deepening concerns about geopolitical tensions and inflationary pressures. Spot gold rose 1.1% to $2,844.56 per ounce as of 1:40 p.m. ET, briefly hitting a historic $2,845.14 earlier in the session, while U.S. gold futures settled 0.7% higher at $2,875.80. -
Oil Prices Slide as China’s Retaliatory Tariffs Threaten Global Demand
Oil prices tumbled Tuesday, giving up all the gains accumulated this year as a trade confrontation between the United States and China intensified. West Texas Intermediate (WTI) crude dropped below $72 per barrel, a steep reversal from early-year highs driven by cold weather and sanction fears. The selloff followed Beijing's decision to impose new tariffs on American products, including coal, liquefied natural gas, and crude oil. 
Oil prices tumbled Tuesday, giving up all the gains accumulated this year as a trade confrontation between the United States and China intensified. West Texas Intermediate (WTI) crude dropped below $72 per barrel, a steep reversal from early-year highs driven by cold weather and sanction fears. The selloff followed Beijing's decision to impose new tariffs on American products, including coal, liquefied natural gas, and crude oil.
