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(Bloomberg) — The stock market lost steam near record highs as traders braced for a barrage of economic data and remarks from Federal Reserve speakers that will help shape the outlook for interest rates. Most Read from Bloomberg Wall Street is also keeping a close eye on how the market absorbs heavy Treasury and corporate sales amid month-end positioning. US yields rose after Monday’s auctions of two-year and five-year government notes. Meantime, blue-chip companies are expected to sell… Source link

WASHINGTON (AP) — President Joe Biden and former President Donald Trump will make dueling trips to the Mexican border in Texas on Thursday after congressional talks on a deal to rein in illegal migration collapsed. The visits underscore immigration’s central importance in the 2024 presidential race and how much both Biden and Trump are seeking to use the nation’s broken system to their political advantage. Biden will travel to Brownsville, Texas, in the Rio Grande Valley, an area that… Source link

[unable to retrieve full-text content]Stock market today: Stocks little changed following record-setting week  Yahoo Finance Source link

More than four months since Hamas terrorists invaded Israel on Oct. 7, the Israeli military continues its bombardment of the neighboring Gaza Strip. The conflict, now the deadliest between the warring sides since Israel’s founding in 1948, shows no signs of letting up soon and the brief cease-fire that allowed for over 100 hostages to be freed from Gaza remains a distant memory. Click here for updates from previous days. Latest Developments Feb 25, 7:06 PM Netanyahu’s office presents war cabinet… Source link

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Getting old sucks, and I don’t like it one bit. My hair is thinning. I don’t wake up at 1:45 a.m. each day with the same fiery energy to obsess over markets and stocks. I am down to eating red meat three times a month “just because” it’s what people have told me is the right thing to do at this point in life. From what I can tell, one of the only positives of getting old is… Source link

Viral TikTok posts are telling Americans to stop paying taxes by illegally exempting themselves from tax withholdings. The videos suggest that it’s possible to avoid paying federal taxes by selecting “exempt” on IRS Form W-4, or Employee’s Withholding Certificates. The videos urge viewers to reach out to their employers and request zero-dollar tax withholding, assuring that companies have to comply. The videos further imply that not having taxes withheld means not paying taxes — a false… Source link

Judge Arthur Engoron rejects a motion by former President Donald Trump that would have granted him a 30-day delay to begin paying the massive $355 million financial fraud judgment against him. That means that the interest on the fines continues to accrue. Here are the latest courtroom developments involving the former president who is hoping to be reelected to the White House in 2024. New York financial fraud Judge Engoron rejects Trump request to delay payment of $355 million judgment Key… Source link

Nvidia (NVDA) reported its fourth quarter earnings after the bell on Wednesday, beating analysts’ expectations on the top and bottom lines. For the quarter, Nvidia reported adjusted earnings per share (EPS) of $5.16 on revenue of $22.1 billion. Analysts were expecting EPS of $4.60 on revenue of $20.4 billion. That’s a massive jump from the same period last quarter when Nvidia reported EPS of $0.88 on $6.1 billion a year ago. To put a finer point on Nvidia’s performance, the company reported… Source link

If Nato’s leaders are to draw any lesson from Ukraine’s bitter two-year-long conflict, it is that the alliance remains woefully ill-prepared to deal with the existential threat Moscow poses to its future security. The military aid Ukraine received from the US and Britain in the early stages of the war undoubtedly contributed to Kyiv’s success in withstanding the initial part of Russia’s “special military operation”, as Vladimir Putin’s invasion in February 2022 was… Source link

MUNICH (AP) — A Republican opponent of new U.S. funding for Ukraine argued at an international security conference Sunday that the package stuck in Congress wouldn’t “fundamentally change the reality” on the ground and that Russia has an incentive to negotiate peace. Ukrainian President Volodymyr Zelenskyy, U.S. Vice President Kamala Harris and others have advocated passage of the $60 billion in aid at the Munich Security Conference, which coincided with Ukraine withdrawing troops from… Source link