Meta Platforms’ Record Winning Streak Puts Stock Split in View

Published on February 20, 2025

Meta Platforms Inc.’s recent record-breaking, 20-day rally propelled the share price to a level where investors may start calling on the company to split its stock for the first time since going public in 2013.

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Bessent Says US ‘Long Way’ From Boosting Longer-Term Debt Sales

February 20, 2025
Treasury Secretary Scott Bessent said that any move to boost the share of longer-term Treasuries in government debt issuance is some ways off, given current hurdles that include elevated inflation and the Federal Reserve’s quantitative tightening program.

Unemployment Claims Up 5K, Higher Than Expected

February 20, 2025
In the week ending February 15th, initial jobless claims were at a seasonally adjusted level of 219,000. This represents an increase of 5,000 from the previous week's figure. The latest reading was higher than the 214,000 forecast.