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(Bloomberg) -- Uncertainties about crude supplies from Russia, Kazakhstan and OPEC+ pushed oil prices higher. Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid ScrutinyWest Texas Intermediate edged above $72 a barrel, extending gains to the highest closin

Recently, the SEC also temporarily paused its lawsuit against the company, indicating a shift in the regulatory environment.

Hims & Hers Health shares jumped some 20% to a record high on Wednesday following the announcement that it acquired lab testing facility Trybe Labs.

(Reuters) -Uncertainty over how the U.S. Treasury will manage debt issuance over the next few months drove some Federal Reserve officials to contemplate at their last policy meeting slowing or pausing the ongoing drawdown of their balance sheet until greater clarity arrives. Fed officials, in minutes of the central bank’s January 28-29 Federal Open Market Committee meeting released on Wednesday, flagged the challenge of getting a clean read on market liquidity as the government wrangles over spending plans amid a legally mandated borrowing cap that will affect how the Treasury Department manages its cash. “Regarding the potential for significant swings in reserves over coming months related to debt ceiling dynamics, various participants noted that it may be appropriate to consider pausing or slowing balance sheet runoff until the resolution of this event,” the minutes noted.

(Bloomberg) -- The global energy market needs trilateral discussions between Russia, the US and Saudi Arabia, said President Vladimir Putin.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid ScrutinyThe comments follow the meeting between top officials fro

(Bloomberg) -- Federal Reserve officials in January expressed their readiness to hold interest rates steady amid stubborn inflation and economic-policy uncertainty.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid Scrutiny“Participants indicated that, pro

Garmin shares surged to an all-time high Wednesday after the company's fourth-quarter results and full-year outlook exceeded analysts' expectations.

Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged. According to minutes of the Jan. 28-29 meeting, which were released Wednesday, Fed officials said that President Donald Trump's proposed tariffs and mass deportations of migrants, as well as strong consumer spending, were factors that could push inflation higher this year. The Fed's 19 officials who participate in its interest-rate decisions indicated that “they would want to see further progress on inflation before making” any further cuts.

WASHINGTON (Reuters) -President Donald Trump's initial policy proposals raised concern at the Federal Reserve about higher inflation, with firms telling the U.S. central bank they generally expected to raise prices to pass along the cost of import tariffs, policymakers said at a meeting held about a week after Trump's January 20 inauguration. Participants at the U.S. central bank's January 28-29 meeting "generally pointed to the upside risks to the inflation outlook," rather than risks to the job market, according to the minutes from the meeting, which were released on Wednesday. "In particular, participants cited the possible effects of potential changes in trade and immigration policy, the potential for geopolitical developments to disrupt supply chains, or stronger-than-expected household spending."

Shares of low code software development platform provider Appian (Nasdaq: APPN) jumped 21.1% in the afternoon session after the company reported strong fourth quarter results that beat analysts' revenue, EPS, and adjusted operating income expectations. Cloud subscription revenue, its key growth driver, increased 19% y/y, fueling a 15% rise in total sales. In addition, its full-year EPS and EBITDA guidance topped Wall Street's estimates. Margins improved significantly, with GAAP operating income