Manufacturing activity in the Philadelphia region climbed again in February, with future expectations for growth jumping, a monthly survey said. ...

Letters to the Fed's Michelle Bowman ask for information about changes to banking oversight and a plan to conduct a new report on SVB's failure ...

Core Viewpoint - The U.S. trade deficit increased significantly in December, marking a challenging year for America's trade relationships due to the tariffs implemented by the Trump administration [1] Group 1 - The trade deficit in December reflects ongoing turbulence in U.S. trading relationships [1] - The steep tariffs imposed by the Trump administration have contributed to the volatility in trade dynamics [1]

Klarna swung to a loss in the fourth quarter despite reporting a jump in revenue as it more than doubled its number of banking customers. ...

Core Insights - Etsy reported a decrease in profit for the fourth quarter, despite an increase in revenue [1] Financial Performance - The company experienced a rise in revenue, indicating growth in sales [1] - However, the profit margins were lower compared to previous quarters, suggesting potential challenges in cost management or pricing strategies [1]

Core Insights - Wayfair narrowed its fourth-quarter loss as revenue increased, primarily due to the growth of its business in the U.S. [1] Revenue Performance - The company experienced a rise in revenue, which contributed to the reduction of its losses in the fourth quarter [1]. Business Growth - The growth of Wayfair's business in the U.S. market was a significant driver behind the improved financial performance [1].

Futures are buoyed by geopolitical risk premiums despite estimates that the market ran a surplus of roughly 1.5 million barrels a day in 2025. ...

Core Insights - The retailer is successfully attracting a diverse range of shoppers across all income groups to its grocery offerings and fast online delivery services [1] Group 1 - The retailer's grocery segment is experiencing increased foot traffic from various income demographics [1] - The online delivery service is gaining popularity, contributing to the overall growth in shopper engagement [1]

Hims & Hers Health has agreed to acquire digital health company Eucalyptus in a deal valued at $1.15 billion in an effort to expand its geographic reach. ...

Core Insights - Deere reported a decline in first-quarter profit, primarily affected by tariffs and reduced demand for tractors [1] Company Performance - The company's profit for the first quarter was lower compared to previous periods, indicating challenges in maintaining profitability [1] - Tariffs imposed on imports have negatively impacted the company's financial performance [1] - There is a noticeable weakness in tractor demand, which has further contributed to the decline in profits [1]