Tag: adventure

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Mortgage Rates Slip Amid Market Volatility Fueled by Trump's Tariff Plans

Mortgage rates trend down slightly amid market volatility and concerns over Trump administration's tariff plans.

Wall Street warms to Musk's Twitter debt as banks sell $5.5 billion

Banks sell $5.5B in debt tied to Musk's Twitter purchase, signaling Wall Street's growing confidence in Musk and the social media platform, X.

BOE Cuts Fuel Bets for Further Easing, Weigh on Pound

Traders expect further interest rate cuts from the Bank of England after policymakers lowered borrowing costs and two voted for a bigger reduction. The pound fell while bonds initially rallied.

Starbucks to Embark on Personalized Cup Message Initiative

Starbucks is launching a new policy of writing personalized messages on to-go cups, aiming to better connect with customers. The messages, which include well wishes and smiley faces, have received mixed reactions on social media, with some customers appreciating the sentiment and others expressing concern over potential delays in service. The policy is part of a larger effort by CEO Brian Niccol to revitalize the company, which has faced challenges in recent years including price hikes and long wait times.

Ford CEO Calls Out Toyota, Hyundai for Zero Tariffs on Vehicles Imported to U.S.

Ford CEO Jim Farley criticizes Trump's tariffs for unfairly targeting Canada and Mexico while exempting South Korea and Japan, potentially wiping out billions in profits.

The Labor Market: Stable But Precarious

The labor market remains stable, with low unemployment and high job openings. However, inflation and Trump's tariff policy could pose threats to the labor market in the future.

Lilly Beats Q4 Earnings as GLP-1 Sales Surge

Eli Lilly's Q4 earnings beat estimates, sending shares up 2%. Revenue increased 45% to $13.5 billion, driven by GLP-1 drugs Mounjaro and Zepbound. Mounjaro alone brought in $11.5 billion, but missed Wall Street estimates. The company raised its 2025 guidance to $58-$61 billion.

Ford CEO Jim Farley Rips Trump's Auto Tariff Policy

Ford CEO Jim Farley calls for fair tariffs, highlighting that Hyundai and Toyota import vehicles without tariffs while Ford faces them on imports from Mexico and Canada.

Labor Market Stability: Holding Pattern or a Sign of Trouble?

The labor market remains stable, with low unemployment and a high ratio of job openings to unemployed workers. However, inflation could be a threat to the labor market, especially in consumer-facing sectors like leisure and hospitality.

Honeywell Divides into Three: Aerospace, Automation, and Advanced Materials

Honeywell (HON) Announces Separation Into Three Public Companies: Honeywell Automation, Honeywell Aerospace, and Advanced Materials