Business

Factbox-Companies trim, delay IPOs in 2026 as volatility tests valuations

Friday, February 13 by SRN News

Feb 13 (Reuters) - Several companies have downsized or postponed their U.S. initial public offerings in 2026, as market volatility, valuation scrutiny and weak peer performance weighed on the new listings pipeline. Goldman Sachs analysts said earlier this month that they expect the number of... Read More.

Bessent says Senate Banking Committee agreed to proceed with hearings for Fed nominee Warsh

Friday, February 13 by SRN News

WASHINGTON, Feb 13 (Reuters) - The Senate Banking Committee will proceed with confirmation hearings for Kevin Warsh, President Donald Trump's pick to head the Federal Reserve, despite a key senator's hold on the nomination, Treasury Secretary Scott Bessent said on Friday. "I think it is... Read More.

Iran’s military degraded by 12-day war with Israel, but still has significant capabilities

Friday, February 13 by SRN News

BANGKOK (AP) - With one American carrier strike group already in the Middle East and another apparently on its way as U.S. President Donald Trump ramps up pressure on Iran to give up its nuclear program, fears are rising of the outbreak of another... Read More.

US rate futures raise odds of Fed easing in June after inflation data

Friday, February 13 by SRN News

NEW YORK, Feb 13 (Reuters) - U.S. interest rate futures slightly raised odds of rate cuts by the Federal Reserve in June after a report that showed inflation rose less than expected in January. Futures also implied 61 basis points of easing by the central... Read More.

PJM plan could accelerate data center power deals, analysts say

Friday, February 13 by SRN News

By Kavya Balaraman and Sumit Saha Feb 13 (Reuters) - A plan from PJM Interconnection, the largest power grid operator in the U.S., to manage burgeoning power demand from data centers could accelerate deal-making between data-center owners and independent power producers, analysts said. The plan, released... Read More.

Intant View: US consumer prices rise less than expected in January

Friday, February 13 by SRN News

NEW YORK, Feb 13 (Reuters) - U.S. consumer prices increased less than expected in January, data showed, keeping the Federal Reserve on track to cut interest rates this year. The Consumer Price Index rose 0.2% last month after an unrevised 0.3% gain in December. It... Read More.

Wall St muted as markets assess softer-than-expected inflation data

Friday, February 13 by SRN News

Feb 13 (Reuters) - Wall Street's main indexes were muted on Friday, with communication services weighing as markets assessed softer-than-expected inflation data that kept Federal Reserve rate cut hopes intact. The Dow Jones Industrial Average fell 12.4 points, or 0.03%, at the open to 49,439.58.... Read More.

Exclusive-US Fed to tap former Wall Street lawyer Guynn for top bank oversight role, say sources

Friday, February 13 by SRN News

By Pete Schroeder and Chris Prentice WASHINGTON, Feb 13 (Reuters) - The U.S. Federal Reserve is expected to name Randall Guynn as its new director of supervision and regulation, said two people familiar with the matter, putting a Wall Street veteran with deep banking ties... Read More.

Falling cocoa prices won’t necessarily mean cheaper Valentine’s Day chocolates

Friday, February 13 by SRN News

Cocoa prices have fallen nearly 70% since last Valentine's Day, but that won't make heart-shaped boxes of chocolate or even chocolate Easter bunnies more affordable this year. Chocolate prices at U.S. retail stores rose 14% between Jan. 1 and the first week of February compared... Read More.

US Commerce Dept gives initial backing to Sibanye-Stillwater’s call for tariffs on Russian palladium

Friday, February 13 by SRN News

LONDON, Feb 13 (Reuters) - Sibanye-Stillwater's call for U.S. tariff on Russian palladium imports has received preliminary support from the U.S. Commerce Department, although a final decision is not expected until mid-2026, the miner said on Friday. Sibanye-Stillwater, which has production assets in South Africa... Read More.

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Current Weather

Factbox-Companies trim, delay IPOs in 2026 as volatility tests valuations

Bessent says Senate Banking Committee agreed to proceed with hearings for Fed nominee Warsh

Iran’s military degraded by 12-day war with Israel, but still has significant capabilities

US rate futures raise odds of Fed easing in June after inflation data

PJM plan could accelerate data center power deals, analysts say

Intant View: US consumer prices rise less than expected in January

Wall St muted as markets assess softer-than-expected inflation data

Exclusive-US Fed to tap former Wall Street lawyer Guynn for top bank oversight role, say sources

Falling cocoa prices won’t necessarily mean cheaper Valentine’s Day chocolates

US Commerce Dept gives initial backing to Sibanye-Stillwater’s call for tariffs on Russian palladium

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