- The Consumer Price Index accelerated a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 3%, both higher than expected. The core CPI ran at 0.4% and 3.3% respectively, also above forecast. cnbc
- Imports surged in anticipation of tariffs, contributing to a significant increase in the US goods trade deficit. The Commerce Department's Census Bureau reported that the trade deficit widened by 25.6% to $153.3 billion last month. Meanwhile, goods imports rose by 11.9% to $325.4 billion. reuters
- US consumer spending experienced its first decline in two years, dropping by 0.2% in January, following an upwardly revised 0.8% increase in December. reuters
- Home Prices Are Finally Cooling: Nearly 17% of Sellers Are Slashing Prices as More Homes Linger on the Market. realtor
- Employment was up by 143,000 jobs in January amid a slowdown in the labor market, and the nation's unemployment rate edged down to 4%. cbsnews
- The University of Michigan consumer sentiment for the US was revised sharply lower to 64.7 in February 2025 from a preliminary of 67.8, reaching the lowest level since November 2023. tradingeconomics?
- Mexico and Canada's 25% tariffs will start March 4, plus an additional 10% on China. cnbc
- The Federal Reserve’s March 19-20 meeting will discuss potential interest rate adjustments. federalreserve
- Massive Microsoft Quantum Computer Breakthrough Uses New State Of Matter. forbes
- Hong Kong SFC issues first crypto licenses of 2025; only four cryptocurrencies are legally permitted for trading in Hong Kong: Bitcoin, Ether, Avalanche, and Chainlink. bitget
- The Dubai Financial Services Authority (DFSA) approved USDC and EURC as recognized crypto tokens within the Dubai International Financial Centre. coindesk
- Inversion launches new Avalanche L1 blockchain targeting enterprise adoption. thecryptotimes
