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Fed Chair Powell Maintains Neutral Stance Amidst Trump's Executive Orders, Noting Uncertainty Surrounding Tariffs and Inflation.
Published on: January 30, 2025, 04:03 PM UTC
US economy grows at 2.3% in Q4, below expectations; consumer, government spending offset by investment decline. Core PCE rises 2.5%. Market sees less than 50% chance of Fed rate cuts before June meeting.
Published on: January 30, 2025, 04:03 PM UTC
Analysts suggest Starbucks (SBUX) faces challenges in improving consumer perception due to high pricing, as evidenced by lower sales in North America. CEO Brian Niccol is implementing strategies to enhance value perception through initiatives such as free refills, improved mobile ordering, and optimizing pricing for customization options.
Published on: January 30, 2025, 04:02 PM UTC
Wells Fargo's Co-CEO of CIB, Jon Weiss, to Retire; Fernando Rivas to Lead Solely
Published on: January 30, 2025, 04:01 PM UTC
Walmart Canada invests $4.51 billion to build new stores, expand supply chain, open 5 new supercenters, modernize distribution centers, and sell its fleet business to Canada Cartage.
Published on: January 30, 2025, 04:00 PM UTC
Comcast shares plunged after the media giant lost more broadband customers than expected, despite posting strong Q4 earnings.
Published on: January 30, 2025, 04:00 PM UTC
Learn Warren Buffett's investment advice on low-cost S&P 500 index funds. Buffett believes most investors should own these funds due to their low cost, historical performance, and simplicity. He has consistently endorsed the S&P 500 over the years, even wagering $1 million on its outperformance against hedge funds, which he won.
Published on: January 30, 2025, 03:07 PM UTC
Understanding the tax implications of having a second job in the UK. How income tax works for second jobs, tax codes and allowances, how to avoid underpaying or overpaying tax, implications for pensions and state benefits, and how to inform HMRC about your second job.
Published on: January 30, 2025, 03:07 PM UTC
Starbucks faces pricing pressure as consumers perceive coffee costs too high, JP Morgan analysis shows. CEO Brian Niccol aims to improve value perception and drive turnaround, but challenges remain.
Published on: January 30, 2025, 03:06 PM UTC
Cullen/Frost Bankers Inc. (CFR) reported Q4 earnings of $154.9 million, or $2.36 per share, surpassing estimates of $2.17 per share. Revenue came in at $2.15 billion.
Published on: January 30, 2025, 03:05 PM UTC