Key Financial Updates: December Inflation, Apple Earnings, and Trump Tariffs

Reported about 12 hours ago

December's Personal Consumption Expenditures (PCE) index confirmed a 2.8% annual rise in core inflation, aligning with expectations. Apple surpassed Wall Street's earnings forecast in its first fiscal quarter but reported lower revenues in China, while Intel also exceeded its fourth-quarter predictions. Additionally, President Trump is set to implement a 25% tariff on imports from Canada and Mexico starting February 1.

Source: YAHOO

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