News

According to the U.S. political news website Politico: U.S. Department of Health and Human Services Deputy Secretary Jim O'Neill and General Counsel Mike Stewart will step down from their current positions.

U.S. Department of Homeland Security: Ending Temporary Protected Status for Yemen.

Russia's CPI in January rose 1.62% month-on-month, and is expected to rise 2.00%; it rose 6.00% year-on-year, and is expected to rise 6.45%. In January, core CPI increased by 0.95% month-on-month and 5.43% year-on-year.

U.S. terminates Temporary Protected Status for Yemeni citizens.

While waiting for the ruling on the tariff case, the U.S. Supreme Court announced that it will issue its opinion on February 20.

Politico reported, citing two U.S. Department of Health and Human Services officials and anonymous sources, that Deputy Secretary O'Neill has been offered other positions within the government.

It is reported that the U.S. Department of Labor is seeking to strengthen employee artificial intelligence training.

The U.S. Department of Defense seeks industry input on reforms to its procurement process.

The U.S. Treasury Department issued a general license related to Venezuela, allowing certain transactions involving Venezuela’s state oil company. The United States authorizes negotiations on certain Venezuelan investments.

Money markets put a 40% chance of the European Central Bank cutting interest rates before December, compared with just 30% before the release of U.S. CPI data.

Enbridge Canada: Gulf Coast refinery capacity is above current usage levels.

Canada's Enbridge Pipeline Company (Enbridge): Venezuelan crude oil is a complement to Canadian heavy crude oil, not a substitute.

Enbridge: Demand for Canadian crude is growing even as more Venezuelan oil flows into the United States.

Kremlin spokesman Peskov: Europe will not send representatives to participate in the negotiations between the United States, Russia and Ukraine in Geneva.

The Federal Reserve is expected to appoint veteran Wall Street bank lawyer Randall Guynn as director of regulation and oversight, according to sources.

Christopher Hodge, an analyst at Natixis: In the coming months, we expect inflation to continue to be higher than expected, but not to accelerate, which will allow the Federal Reserve to cut interest rates on weak labor market data.

Goldman Sachs (GS.N) CEO Solomon: The U.S. economy has the conditions to maintain growth on a higher base.

The European Union will complete its antitrust investigation into Google (GOOG.O) within six months.

The European Union will begin consultations in April on proposed measures against Google (GOOG.O) under the Digital Markets Act.

Goldman Sachs (GS.N) CEO Solomon: I am indeed concerned about the continued size of the U.S. fiscal deficit.