Posts with tag: accessories
Fortescue's first-half profit down 53% as iron ore prices weaken
Published on: February 19, 2025, 11:05 PM UTC
High-level U.S. and Russian officials held talks in Saudi Arabia to discuss a potential end to the war in Ukraine, raising concerns about a rapid deal leaving Europe out of the process. The U.S. emphasized the meeting was exploratory, while European leaders expressed shock and sought to maintain their involvement.
Published on: February 18, 2025, 01:04 PM UTC
Diamondback Energy to acquire units of Double Eagle in $4.08 billion deal. Diamondback to sell non-core assets to reduce debt, maintain leverage at $6-8 billion.
Published on: February 18, 2025, 12:00 PM UTC
Listen to top company executives, including Mark Zuckerberg, Jeff Bezos, and Sundar Pichai, discuss the potential economic effects of Trump's second term, including its impact on tech, green energy, and insurance.
Published on: February 18, 2025, 11:02 AM UTC
Morgan Stanley analyst Brian Nowak estimates that two-thirds of Amazon's first-party merchandise cost of goods sold is non-grocery, with 40% exposure to China. The short run effects of a trade war are certainly painful, says Apollo Global Management chief economist Torsten Sløk, and these risks are not priced into the stocks of big tech companies.
Published on: February 17, 2025, 12:03 PM UTC
President Trump's efforts to lower interest rates are being challenged by stubborn markets, despite his push for deregulation and tax cuts. Rising bond yields, driven by inflation concerns, signal potential economic headwinds, raising worries about mortgage rates and business lending. Trump's frustration with the Federal Reserve highlights the limits of his control over long-term rates, potentially leading to further market volatility.
Published on: February 14, 2025, 05:01 PM UTC
Chinese President Xi Jinping to chair symposium on private sector as economy sputters
Published on: February 14, 2025, 07:00 AM UTC
US stock futures inch higher as markets weigh tariff 'big one' and inflation data
Published on: February 13, 2025, 02:02 PM UTC
Federal Reserve Chair Jerome Powell says the latest consumer price data show that while the central bank has made substantial progress toward taming inflation, there is still more work to do.
Published on: February 12, 2025, 05:04 PM UTC
Elon Musk has made a $97 billion bid to acquire OpenAI, the AI research company he co-founded. While OpenAI has rejected the offer, Musk's move is seen as a strategic play to gain control of the company's technology and talent, potentially creating a dominant player in the AI field.
Published on: February 12, 2025, 11:01 AM UTC