Elon Musk used X and his AI, Grok, to satirize government standards, highlighting inefficiencies and minimal accountability.
Austan Goolsbee discussed inflation expectations, noting recent data suggests a 30-year high in consumer outlook.
US futures decline again as market levels fail; sentiment drops, home sales fall, and tariff concerns rise.
Iraqi Kurdistan and Iraq agreed to restart crude exports, pending final inspections of the Iraq-Turkey pipeline.
Nasdaq 100 fell over 2%, reversing gains. Market volatility may rise with upcoming economic data and technical weakness.
New Zealand’s retail sales rose 0.9% in Q4 2024, but the central bank’s rate cuts remain expected.
New Zealand’s retail sales rose 0.9% in Q4, supporting the NZD, which reacts to economic conditions.
German election results complicate coalition talks, influencing fiscal policy, economic growth, and party dynamics amid uncertainty.
New Zealand’s retail sales rose 0.9% in Q4, exceeding forecasts, highlighting strong consumer spending and economic resilience.
ECB may cut deposit rate to 2% by summer, following January’s reduction to 2.75%, says Villeroy de Galhau.
