Tag: backpacking

Posts with tag: backpacking

Latest Posts

Streaming Wars: Media Giants Finally Turn a Profit

Five media giants—Netflix, Disney, Paramount, Peacock, and Warner Bros. Discovery—reported a collective $5.9 billion profit in the first nine months of 2024, finally turning a profit from their streaming services after years of losses.

Trump Sanctions Spark Oil Drop as Global Trade Risks Rise

Oil prices fell after President Trump imposed sanctions and tariffs, raising concerns about global economic and trade risks. Colombia was targeted after denying military planes carrying deportees, while the US threatened actions against other nations. Crude remains higher this year after previous US sanctions on Russian oil, but Brent declined last week due to Trump's pressure on OPEC to lower prices.

Economists Forecast 2025 Economy Under Trump's Presidency

Economists weigh in on the future of the US economy under President-elect Donald Trump. Will his policies lead to growth, inflation, or trade disruptions?

Covenant Logistics Group Optimistic About Freight Market in 2025

Covenant Logistics Group, a Chattanooga-based company, reported a 1% increase in fourth-quarter revenue to $277 million. The company anticipates improved market conditions in the freight industry over the next several months.

The Strong Dollar and the Surge in Airline Travel

A strong dollar is boosting travel to Europe, with major airlines like United and Delta seeing record profits. The greenback's rise has made US products more expensive abroad but has also increased the purchasing power of US travelers in Europe. As a result, airlines are adding more routes to popular European destinations and expanding their premium travel offerings to capitalize on the increased demand.

Trump Demands OPEC+ Lower Oil Prices as US Sanctions Loom

US President Donald Trump has called on OPEC+ to lower oil prices ahead of a ministerial meeting next month. The group has stuck to its existing plans despite Trump's intervention, but analysts see no reason for a policy change given market conditions. Trump's past criticism of OPEC+ and other US policies add to the complexity of the situation.

HCA Healthcare Beats Expectations in Fourth Quarter

HCA Healthcare Inc. (HCA) reported fourth-quarter earnings of $1.44 billion, beating Wall Street expectations. Adjusted earnings came to $6.22 per share, and revenue reached $18.29 billion. For the year, HCA reported net income of $5.76 billion and revenue of $70.6 billion. The company expects full-year 2023 earnings to be in the range of $24.05 to $25.85 per share, with revenue between $72.8 billion and $75.8 billion.

Japan's Biggest LNG Buyer Plans to Increase US Purchases

Japan's largest LNG buyer, JERA, plans to increase purchases from the US to diversify supply and meet rising demand from data centers and AI.

Boeing Stock Down 1% After Reporting $3.5 Billion Loss on IAM Strike, Workforce Cuts

Boeing Reports $3.5B Operating Cash Flow Loss in Q4, Shares Fall 1% After Hours

Trump Questions Powell on Interest Rates

President Trump questions Fed Chair Powell's interest rate decisions and plans to speak to him about it.