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Federal Reserve officials discuss concerns about inflation amid talk of higher tariffs and changing immigration policies from the Trump administration.
Published on: February 20, 2025, 09:01 PM UTC
Walmart investors worry about tariffs and conservative guidance, despite recent profit beat. The company says it's not immune to tariffs but has tools to keep prices low. Analysts say Walmart could benefit from rising inflation and maintain margins in a tariff-heavy environment. However, the company could suffer in Mexico due to a shift in consumer sentiment.
Published on: February 20, 2025, 09:01 PM UTC
UniCredit plans to buy Banco BPM, raising to 278 million the maximum number of new shares to be issued to finance the bid.
Published on: February 20, 2025, 09:00 PM UTC
Walmart shares plunged 8.1% after reporting disappointing Q4 results. Revenue met estimates, but earnings outlook fell below expectations. Management guided for FY'26 sales growth of 3%-4% and operating income growth of 3.5%-5.5%. However, the VIZIO acquisition and tough comparison will impact profitability. Walmart's results are seen as a barometer for the U.S. retail sector, adding to concerns about consumer spending.
Published on: February 20, 2025, 09:00 PM UTC
US stocks pulled back on Thursday as investors scrutinized Walmart's outlook and assessed the impact of President Trump's planned tariffs and policy shifts.
Published on: February 20, 2025, 08:02 PM UTC
Gold hit a fresh record high on Thursday, nearing $3,000 an ounce, driven by geopolitical risks, trade tensions, and speculation sparked by comments from President Trump about verifying the US gold reserves.
Published on: February 20, 2025, 08:01 PM UTC
Rivian (RIVN) set to report Q4 and FY results, with expectations of reduced losses, modest gross profit, and insights on growth plans and regulatory headwinds.
Published on: February 20, 2025, 08:01 PM UTC
Apple's new iPhone 16e aims for India's budget market, but older models remain popular.
Published on: February 20, 2025, 07:04 PM UTC
President Trump endorses the idea of a "DOGE dividend" that could give Americans a $5,000 tax refund. However, data shows the challenge DOGE faces to fulfill Trump's dividend promise. While cost-cutting efforts have generated savings, they fall short of the trillion dollars needed for a substantial dividend. The proposal has sparked debate amid doubts about its feasibility and potential impact on government programs.
Published on: February 20, 2025, 07:03 PM UTC
Delta Air Lines to Pay $30,000 to Passengers on Crash-Landed Flight
Published on: February 20, 2025, 07:03 PM UTC