Business

US producer prices increase more than expected in January

Friday, February 27 by SRN News

WASHINGTON, Feb 27 (Reuters) - U.S. producer prices increased more than expected in January, likely as businesses passed on higher costs from import tariffs, suggesting inflation could pick up in the months ahead. The Producer Price Index for final demand rose 0.5% last month... Read More.

HF Sinclair CFO Atanas Atanasov takes voluntary leave of absence amid disclosure review

Friday, February 27 by SRN News

Feb 27 (Reuters) - HF Sinclair's Chief Financial Officer, Atanas Atanasov, has taken a voluntary leave of absence from his duties, the U.S. refiner revealed in a filing on Friday, just a week after top boss Tim Go filed a similar request. Shares of the... Read More.

Block shares soar as Dorsey leans on AI to trim workforce

Friday, February 27 by SRN News

Feb 27 (Reuters) - Block shares soared more than 20% in premarket trading on Friday after it announced it would nearly halve its workforce as part of an overhaul to embed artificial intelligence tools across its operations. The layoffs... Read More.

Canadian Prime Minister Mark Carney arrives in India to repair a strained relationship

Friday, February 27 by SRN News

NEW DELHI (AP) - Canadian Prime Minister Mark Carney arrived in Mumbai on Friday for his first official visit to India, seeking to reset relations and deepen trade cooperation with New Delhi after ties deteriorated in recent years under his predecessor. During his four-day trip,... Read More.

Analysis-Restaurants emerge as bright spot for US job growth as consumers seek treats

Friday, February 27 by SRN News

By Waylon Cunningham NEW YORK, Feb 27 (Reuters) - On paper, American consumers spent last year tightening their belts, and even retail heavyweights stumbled. But sit-down restaurants and some drive-through chains buzzed with patrons seeking a special treat or cheap comfort food. Their upbeat sales made... Read More.

The EU will ‘provisionally implement’ a trade deal with South American bloc Mercosur

Friday, February 27 by SRN News

BRUSSELS (AP) - European Commission President Ursula von der Leyen said on Friday that she will start to "provisionally implement" a massive trade deal with the Mercosur bloc of nations in South America despite not having approval from European Parliament. "When they are ready, we... Read More.

Analysts hike oil outlook on geopolitical risks, oversupply concerns limit upside

Friday, February 27 by SRN News

By Pablo Sinha and Kavya Balaraman Feb 27 (Reuters) - Supply risks from ongoing geopolitical tensions have prompted analysts to raise their oil price forecasts for the year, despite concerns that an oversupply will continue to weigh on the market. The survey of 34 economists... Read More.

Morning Bid: AI horror stories

Friday, February 27 by SRN News

By Anna Szymanski Feb 27 - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers! Markets were jittery this week, as anxiety about the potential impact of the artificial... Read More.

Healthpeak Properties’ Janus Living makes US IPO filing public

Friday, February 27 by SRN News

Feb 27 (Reuters) - Real estate investment trust Janus Living publicly filed paperwork for a U.S. IPO on Friday, as corporate issuers line up to tap the March window. Parent Healthpeak Properties had earlier this year announced it would be carving out its senior... Read More.

Dell shares jump on forecast it will double AI server revenue

Friday, February 27 by SRN News

Feb 27 (Reuters) - Shares of Dell Technologies jumped in premarket trading on Friday after the company forecast revenue from its AI server business will double in fiscal 2027, underscoring surging demand for infrastructure catering to artificial intelligence. Investors also cheered the PC maker's plans... Read More.

Current Weather

US producer prices increase more than expected in January

HF Sinclair CFO Atanas Atanasov takes voluntary leave of absence amid disclosure review

Block shares soar as Dorsey leans on AI to trim workforce

Canadian Prime Minister Mark Carney arrives in India to repair a strained relationship

Analysis-Restaurants emerge as bright spot for US job growth as consumers seek treats

The EU will ‘provisionally implement’ a trade deal with South American bloc Mercosur

Analysts hike oil outlook on geopolitical risks, oversupply concerns limit upside

Morning Bid: AI horror stories

Healthpeak Properties’ Janus Living makes US IPO filing public

Dell shares jump on forecast it will double AI server revenue

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