Tag: backpacking

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Can I retire tax free?

Former surgeon Dr. Kevin O'Sullivan shares his experience as a successful entrepreneur and offers insights into his financial strategies. With expertise from financial advisors, explore his approach to maximizing income, minimizing taxes, and planning for future wealth preservation.

Tariff Increases Stoke Price Sensitivity Among American Consumers

A 10% spike in consumer goods prices may not impact the US economy significantly. However, President Trump's tariffs are imposing this burden on consumers at a time when they are highly price-sensitive.

US Stock Futures Decline as Trade War Intensifies, Corporate Earnings Mixed

US stock futures fall as trade war escalates; Alphabet, AMD earnings disappoint; Disney earnings eyed

Novo Nordisk Trims 2025 Sales Outlook on Wegovy, Ozempic Slowdown

Novo Nordisk, maker of the obesity drug Wegovy, forecasts slower sales growth in 2025 due to softening demand, raising concerns about competition from Eli Lilly.

Xiaomi's flagship EV to launch luxury version

Xiaomi's luxury electric car SU7 Ultra to launch in February with a sales target of 10,000 units.

US Stocks Rise Following Mixed Trade Tensions

US stocks climbed higher on Tuesday, buoyed by a strong showing from technology companies, as investors assessed the ongoing trade tensions between the US and China. The Dow Jones Industrial Average gained 0.3%, the S&P 500 rose 0.7%, and the Nasdaq Composite jumped 1.3%. Tech giants Apple, Amazon, Microsoft, and Alphabet all contributed to the gains, while chipmaker Nvidia surged after reporting better-than-expected earnings. The positive market sentiment was also supported by optimism surrounding a potential trade deal between the US and China, with President Donald Trump hinting at a "great deal" in the works.

J&J Snack Foods Shares Sink After Disappointing Q4 Results

J&J Snack Foods (JJSF) shares dropped 11.1% premarket after the company reported underwhelming Q4 results. Gross margin missed estimates, leading to an EPS shortfall. Read more on JJSF's performance and market impact.

Spotify Reports First Full-Year Profit, Stock Surges 10%

Spotify (SPOT) reports Q4 revenue beat and first full-year profit, driven by subscriber growth and improved margins. Monthly active users (MAUs) reached 675 million, topping estimates. Gross margins hit a record 32.2% as the company continues its efficiency efforts. Spotify CEO Daniel Ek forecasts accelerated execution and profitability in 2025.

Trump Delays Tariffs, Easing Pressure on Oil Prices

Oil fell after Trump delayed tariffs on major suppliers Canada and Mexico, but still plans to impose levies on China. Tariffs and geopolitical uncertainty weigh on oil prices as demand concerns linger. OPEC+ maintains output plans, despite Trump's call for increased production.

Central Banks Urged to Revamp Interest Rate Approach to Avoid Inflation Failures

Central bank chiefs should reconsider interest rate setting to prevent future inflation spikes, says Bank for International Settlements