Posts with tag: blog
U.S. companies rush imports to beat Trump's tariffs as fears over global trade war grow. Early holiday-quarter earnings reports show companies have been expediting deliveries and increasing purchases to avoid potential tariffs.
Published on: January 30, 2025, 02:00 PM UTC
Berkshire Hills Bancorp reports stronger than expected Q4 earnings, with net income of $19.7 million or 46 cents per share, exceeding analysts' consensus of 54 cents.
Published on: January 30, 2025, 01:06 PM UTC
Deutsche Bank plans to reduce management roles and cut headcount to improve efficiency and boost returns to investors. The bank aims to keep costs below 65% of income and is working on measures to further increase returns in the coming years.
Published on: January 30, 2025, 08:00 AM UTC
Meta's Reality Labs division continues to lose billions, but CEO Mark Zuckerberg remains confident in the metaverse's future. Will Meta's investment in AI pay off, or is the metaverse a costly gamble?
Published on: January 30, 2025, 07:01 AM UTC
European and US stock futures rise ahead of the European Central Bank's rate decision and amid shifting bets on AI. Asian shares edge up slightly, but liquidity is thin due to Lunar New Year holiday closures. Key events this week include the ECB rate decision and US GDP data.
Published on: January 30, 2025, 07:01 AM UTC
Walmart offers a wide range of banking services like a debit card, reloadable debit card, and financial services like cashing checks, paying bills, and sending money orders. While Walmart offers competitive rewards for frequent shoppers, it has limited products and services compared to traditional banks. However, it provides a low-cost banking option for unbanked customers.
Published on: January 29, 2025, 11:09 PM UTC
John B. Sanfilippo & Son Inc. (JBSS) reported $13.6 million in profit for the fiscal second quarter.
Published on: January 29, 2025, 11:07 PM UTC
Robert Half International Inc. (RHI) reported a fourth-quarter profit of $54.3 million. The results missed Wall Street expectations. The staffing firm posted revenue of $1.38 billion in the period.
Published on: January 29, 2025, 10:07 PM UTC
Meta Platforms sees Q1 revenue below estimates as AI bets weigh on digital ad growth
Published on: January 29, 2025, 10:03 PM UTC
Fed Chair Powell says the central bank is in no rush to lower interest rates, waiting to see further progress on inflation following a string of rate reductions last year.
Published on: January 29, 2025, 09:00 PM UTC