Posts with tag: blog
Corporate leaders are feeling powerless in the second Trump era due to policy chaos, particularly regarding tariffs. They must plan for multiple scenarios and engage in government relations to mitigate the impact on their businesses. Despite promises of tax cuts and regulatory rollbacks, frustration is mounting among CEOs who are facing uncertainty and potential profit loss.
Published on: February 09, 2025, 02:00 PM UTC
January's jobs report shows unexpected resilience in the labor market, with a 4% unemployment rate, 0.5% wage growth, and revised higher monthly job gains. This suggests the Fed is unlikely to cut interest rates anytime soon, despite earlier projections of two cuts in 2025.
Published on: February 07, 2025, 10:02 PM UTC
US stocks fell Friday as investors reacted to rising geopolitical tensions and disappointing economic data. The S&P 500 lost 0.84%, while the Nasdaq Composite declined 1.03%. The Dow Jones Industrial Average also fell 0.91%.
Published on: February 07, 2025, 07:02 PM UTC
Chicago Fed President Austan Goolsbee says interest rates will likely move lower over the next 12-18 months despite the Fed potentially being on hold. He believes the economy is on track to achieve the Fed's 2% inflation target and that the labor market is stabilizing at full employment.
Published on: February 07, 2025, 07:01 PM UTC
Mortgage rates unlikely to fall, say consumers, as pessimism grows about affordability
Published on: February 07, 2025, 04:01 PM UTC
US stock futures edged lower as investors digested a highly anticipated monthly jobs report and Amazon's disappointing revenue outlook.
Published on: February 07, 2025, 02:02 PM UTC
Amazon's market cap surpassed Walmart's in 2015, but it took nearly 10 years for its revenue to do the same. Now, Amazon's revenue is significantly higher than Walmart's, and its stock price has outperformed Walmart's.
Published on: February 07, 2025, 01:01 PM UTC
US stock futures inch lower as Amazon joins other Big Tech companies with disappointing AI-focused projections for next year. Dow Jones Industrial Average futures (YM=F) hovered around the flatline, while S&P 500 (ES=F) and Nasdaq (NQ=F) futures inched 0.1% lower.
Published on: February 07, 2025, 09:01 AM UTC
Norinchukin Bank increases investments in risky loans and seeks additional capital after wrong-way bets on low-yielding foreign bonds lead to wider losses.
Published on: February 07, 2025, 09:01 AM UTC
Elon Musk's role in the Trump administration has led to both praise and criticism, with his influence on the President and the potential risks of his access to government data becoming key talking points.
Published on: February 07, 2025, 08:01 AM UTC