US Trade Representative Jamieson Greer said the administration is seeking to maintain steady relations with China ahead of a high-level meeting this weekend that will set the stage for a summit between President Donald Trump and Chinese counterpart Xi Jinping . “We want to ensure continued stability in the US-China relationship,” Greer said Friday in an interview on CNBC. “We want to make sure tha...
US Trade Representative Jamieson Greer said the administration is seeking to maintain steady relations with China ahead of a high-level meeting this weekend that will set the stage for a summit between President Donald Trump and Chinese counterpart Xi Jinping . “We want to ensure continued stability in the US-China relationship,” Greer said Friday in an interview on CNBC. “We want to make sure that we continue to get the rare earths we need for our manufacturing base, that they keep buying the kinds of things they should be buying from us, and that the leaders have a chance to get together and make sure that the relationship’s going the way we want it to go.” Greer and US Treasury Secretary Scott Bessent are set to meet Chinese Vice Premier He Lifeng in Paris for two days, starting Sunday to discuss lingering issues between the world’s largest economies following a trade truce reached last year. The meeting is intended to set up deliverables for the Trump-Xi summit taking place from March 31 to April 2 in Beijing and will offer some indication of deals the two leaders could potentially make. The Paris talks are taking place under the shadow of the Iran war, which has roiled financial markets and spurred a rise in oil and gasoline prices. Read more: Trump-Xi Agenda to Be Shaped as Negotiators Meet in Paris While the two countries have hailed their trade agreement, there are a number of delicate issues, including tariffs, fentanyl trafficking and Taiwan, that remain. Greer said the relationship between the two economies features “a much more balanced relationship” than a year ago. “Our trade deficit with China and goods has gone down by 30% over the past year,” Greer said Friday. “That’s a big change.” “Our imports from China in January were the lowest they’ve been since 2004 and again, that’s not to say we’re not going to trade with China,” he added. “We certainly are, but it’s getting to a much more balanced situation.” China’s legislature has similarly signaled a d...
Cuban President Miguel Diaz-Canel said on Friday that his government has held recent talks with the US, marking the first time the Caribbean country confirms such speculation. He said the talks “were aimed at finding solutions through dialogue to the bilateral differences between our two nations. International factors facilitated these exchanges”. He did not elaborate on those factors. Diaz-Canel ...
Cuban President Miguel Diaz-Canel said on Friday that his government has held recent talks with the US, marking the first time the Caribbean country confirms such speculation. He said the talks “were aimed at finding solutions through dialogue to the bilateral differences between our two nations. International factors facilitated these exchanges”. He did not elaborate on those factors. Diaz-Canel said no petroleum shipments have arrived on the island in the past three months, which he blamed on...
GlobalData analysts highlight that the cyberattack could problematise Stryker’s supply chain and related business operations until its impact is fully resolved.
GlobalData analysts highlight that the cyberattack could problematise Stryker’s supply chain and related business operations until its impact is fully resolved.
Savings Rate Highest In 6 Months As Fed's Favorite Inflation Indicator Rises Near 2-Year High The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose o.4% MoM in January (in line with expectations) with YoY rising by 3.1% (as expected), slightly higher than the 3.0% in December... Source Bloom...
Savings Rate Highest In 6 Months As Fed's Favorite Inflation Indicator Rises Near 2-Year High The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose o.4% MoM in January (in line with expectations) with YoY rising by 3.1% (as expected), slightly higher than the 3.0% in December... Source Bloomberg That is the highest YoY Core PCE since March 2024. The headline PCE rose 0.3% MoM (as expected) driving prices up 2.8% YoY (down from December's +2.9% YoY)... Source Bloomberg Services continue to dominate the prices gains with Goods costs dropping very marginally in January... Source Bloomberg Higher prices were met with higher incomes and higher spending (rising in line with one another for a change)... On the income side, wage growth accelerated for both private and govt workers: Private worker salaries up 5.0% YoY in January, up from 4.8% in December Govt worker salaries up 2.3% YoY in Jan, up from 2.1% in Dec Spending growth continues to outpace income growth But, thanks to yet more revisions, the savings rate ticked up to its highest since July... With rate-cut expectations already plummeting, this latest data will do nothing to support a dovish take going forward (unless oil crashes the global economy). Tyler Durden Fri, 03/13/2026 - 08:43
Stock index futures rose on Friday as investors prepared for a busy morning of economic data and assessed the PCE and GDP reports. Here are the four stocks to watch on the day: Lucid Group ( LCID ) rose 1.1% in premarket trade following several key announcements at its Investor Day event. The electric vehicle maker revealed that its upcoming midsize platform will underpin three new electric vehicl...
Stock index futures rose on Friday as investors prepared for a busy morning of economic data and assessed the PCE and GDP reports. Here are the four stocks to watch on the day: Lucid Group ( LCID ) rose 1.1% in premarket trade following several key announcements at its Investor Day event. The electric vehicle maker revealed that its upcoming midsize platform will underpin three new electric vehicles aimed at the core of the EV market, with a starting price around $50,000 to compete directly with Tesla’s Model 3 and Model Y. Management also indicated it sees a path to being cash flow positive by the late decade. Meta ( META ) slipped 1.2% before the opening bell after reports that its new foundational AI model has fallen short of rivals on internal tests. The New York Times reported that the model, which the company has been developing for months, underperformed leading AI systems from Google, OpenAI, and Anthropic in reasoning , coding, and writing benchmarks. Separately, the company has paused part of its internet expansion efforts across Africa as the war in the Middle East freezes activity in the region. Apple ( AAPL ) edged up 0.29% in premarket trade after announcing it will lower App Store commission fees in mainland China beginning Sunday. The iPhone maker said the commission rate for standard in-app purchase and paid app transactions will drop to 25% from the current 30%, marking a win for Chinese app developers following discussions with the country’s regulator. Costco ( COST ) ticked up 0.13% before the opening bell following positive commentary from Chief Financial Officer Gary Millerchip at the UBS Global Consumer and Retail Conference. Millerchip said the retailer sees a consumer who remains willing to spend when the value is clear, even as shoppers navigate uncertainty around tariffs, gas prices, and the broader economy. More related stories Meta Platforms: The Cheapest Amongst The Mag 7 Meta's Chip Resilience Lucid Group, Inc. (LCID) Analyst/Investor ...
Stock index futures rose on Friday as investors prepared for a busy morning of economic data and assessed the PCE and GDP reports. Here are the four stocks to watch on the day: Lucid Group ( LCID ) rose 1.1% in premarket trade following several key announcements at its Investor Day event. The electric vehicle maker revealed that its upcoming midsize platform will underpin three new electric vehicl...
Stock index futures rose on Friday as investors prepared for a busy morning of economic data and assessed the PCE and GDP reports. Here are the four stocks to watch on the day: Lucid Group ( LCID ) rose 1.1% in premarket trade following several key announcements at its Investor Day event. The electric vehicle maker revealed that its upcoming midsize platform will underpin three new electric vehicles aimed at the core of the EV market, with a starting price around $50,000 to compete directly with Tesla’s Model 3 and Model Y. Management also indicated it sees a path to being cash flow positive by the late decade. Meta ( META ) slipped 1.2% before the opening bell after reports that its new foundational AI model has fallen short of rivals on internal tests. The New York Times reported that the model, which the company has been developing for months, underperformed leading AI systems from Google, OpenAI, and Anthropic in reasoning , coding, and writing benchmarks. Separately, the company has paused part of its internet expansion efforts across Africa as the war in the Middle East freezes activity in the region. Apple ( AAPL ) edged up 0.29% in premarket trade after announcing it will lower App Store commission fees in mainland China beginning Sunday. The iPhone maker said the commission rate for standard in-app purchase and paid app transactions will drop to 25% from the current 30%, marking a win for Chinese app developers following discussions with the country’s regulator. Costco ( COST ) ticked up 0.13% before the opening bell following positive commentary from Chief Financial Officer Gary Millerchip at the UBS Global Consumer and Retail Conference. Millerchip said the retailer sees a consumer who remains willing to spend when the value is clear, even as shoppers navigate uncertainty around tariffs, gas prices, and the broader economy. More related stories Meta Platforms: The Cheapest Amongst The Mag 7 Meta's Chip Resilience Lucid Group, Inc. (LCID) Analyst/Investor ...
hapabapa Shares of ServiceTitan ( TTAN ) fell about 6% premarket on Friday despite fiscal fourth quarter results beating estimates, which saw bullish reactions from analysts. Morgan Stanley reiterated its Overweight rating and made ServiceTitan its Top Pick, noting that it was a great quarter and is a buying opportunity. However, the firm lowered the price target to $118 from $131 on the stock of ...
hapabapa Shares of ServiceTitan ( TTAN ) fell about 6% premarket on Friday despite fiscal fourth quarter results beating estimates, which saw bullish reactions from analysts. Morgan Stanley reiterated its Overweight rating and made ServiceTitan its Top Pick, noting that it was a great quarter and is a buying opportunity. However, the firm lowered the price target to $118 from $131 on the stock of ServiceTitan — which provides a software platform for home and commercial trade service providers. "ServiceTitan showcased strong execution & results yet again, easily beating/guiding ahead of consensus. Weakness from higher investor expects into a Q4 w/ a very tough comp creates opportunity given consistent fundamentals, attractive FY27 setup, MAX program potential and path to >20% rev growth," said analysts led by Josh Baer. The analysts noted that ServiceTitan's fourth quarter results delivered another healthy beat and guidance ahead of consensus, and there was very little to pick at. Still, despite a greater than expected deceleration in Gross Transaction Volume, or GTV (but against a 560 basis points tougher comp, due in part to weather from a year ago, and one fewer business day and warmer weather this year), total revenue and platform revenue (+23%) surprised to the upside. Baer and his team said that the two-year growth stack across all topline growth Key Performance Indicators, or KPI's — GTV, platform revenue, total revenue — accelerated modestly in the fourth quarter versus the third quarter. Wells Fargo kept its Overweight rating and reduced the price target on the shares to $115 from $125. "TTAN delivered a strong finish to its inaugural year as a public company despite one-timeheadwinds, and outlined a constructive outlook into FY27 supported by expansion into newtrades, commercial, and the Max rollout," said analysts led by Michael Turri. More on ServiceTitan ServiceTitan, Inc. (TTAN) Q4 2026 Earnings Call Transcript ServiceTitan, Inc. 2026 Q4 - Results - Ear...
(RTTNews) - Consumer prices in the U.S. increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Friday.
(RTTNews) - Consumer prices in the U.S. increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Friday.
ProShares - UltraPro QQQ (NASDAQ:TQQQ) and ProShares - Ultra S&P500 (NYSEMKT:SSO) both seek to magnify index returns with daily leverage, but TQQQ targets triple exposure to the tech-heavy Nasdaq-100 , while SSO offers double exposure to the broader S&P 500 . TQQQ and SSO are leveraged exchange-traded funds designed for aggressive traders looking to multiply daily market moves. TQQQ delivers 3x th...
ProShares - UltraPro QQQ (NASDAQ:TQQQ) and ProShares - Ultra S&P500 (NYSEMKT:SSO) both seek to magnify index returns with daily leverage, but TQQQ targets triple exposure to the tech-heavy Nasdaq-100 , while SSO offers double exposure to the broader S&P 500 . TQQQ and SSO are leveraged exchange-traded funds designed for aggressive traders looking to multiply daily market moves. TQQQ delivers 3x the daily performance of the Nasdaq-100, leading to higher potential gains and losses, while SSO tracks 2x the daily returns of the S&P 500, offering broader sector exposure. This comparison unpacks how their costs, risk, and makeup stack up for those considering leveraged ETF strategies. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Continue reading
filo/iStock via Getty Images Insulet Corporation ( PODD ) has initiated a voluntary recall of certain lots of its Omnipod 5 insulin delivery Pods in the U.S. after detecting that some devices had a manufacturing defect that causes insulin leakage. The recall came in response to reports indicating that the internal tubing of certain Omnipod 5 pods had a small tear, which could cause insulin to leak...
filo/iStock via Getty Images Insulet Corporation ( PODD ) has initiated a voluntary recall of certain lots of its Omnipod 5 insulin delivery Pods in the U.S. after detecting that some devices had a manufacturing defect that causes insulin leakage. The recall came in response to reports indicating that the internal tubing of certain Omnipod 5 pods had a small tear, which could cause insulin to leak outside rather than being fully infused into the body. Patients using the affected devices could risk experiencing high blood glucose levels due to insufficient insulin delivery, the Acton, Massachusetts-based MedTech disclosed in a statement late Thursday. Insulet ( PODD ) added that it has received 18 reports of serious adverse events linked to the issue, and there were no deaths. The company has already notified the FDA about the recall, which it said will affect nearly 1.5% of Omnipod 5 pod units it manufactures annually. The customers were advised to immediately seek a product replacement at no cost if a Pod from a defective lot is currently in use. More on Insulet Insulet: The Growth Doesn't Stop Here Insulet Q4 Earnings Review: Strong Performance Meets Sky-High Expectations Insulet Corporation (PODD) Q4 2025 Earnings Call Transcript Insulet outlines 21%–23% Omnipod revenue growth for 2026 with operating margin expansion, driven by global adoption and product innovation Insulet gains after Q4 print as outlook tops consensus