Posts with tag: blog
The Federal Reserve held interest rates steady, signaling a pause in its efforts to lower borrowing costs as inflation remains stubborn and the labor market stays resilient.
Published on: January 29, 2025, 08:04 PM UTC
Upcoming earnings reports from tech giants and the upcoming Federal Reserve decision are expected to impact stock market performance. Meta Platforms, Microsoft, and Tesla are set to release earnings, with growth projections being the slowest in almost two years. The Fed is widely expected to pause rate cuts and investors will watch for signals on inflation. The recent volatility in tech stocks, particularly those related to artificial intelligence, has raised concerns about a broader market selloff. However, some analysts believe the sell-off is a blip and that the outlook for the economy and tech stocks remains positive.
Published on: January 29, 2025, 07:05 PM UTC
Capitol Federal Financial reports Q1 net income of $15.4 million, a 12-cent-per-share profit. Revenue was $102.3 million, with adjusted revenue of $46.9 million. CFFN shares have declined slightly over 3% YTD.
Published on: January 29, 2025, 03:04 PM UTC
The White House ordered a freeze on federal spending but later clarified it only applies to programs affected by executive orders. Medicaid, SNAP, and student loans are unaffected. Despite this, some states report being unable to access federal Medicaid reimbursements, and grants programs may also be impacted. A federal judge has blocked the spending freeze, but the situation highlights a potential legal showdown over the Impoundment Control Act.
Published on: January 29, 2025, 02:02 PM UTC
From briefcases to books, these super savers share how they made the most of $100 and boosted their finances, careers, and lives.
Published on: January 29, 2025, 12:05 PM UTC
Federal Reserve policy enters 2025 with key questions on rate cuts and fiscal environment navigation in the wake of President Trump's tax and tariff plans.
Published on: January 29, 2025, 12:01 PM UTC
Meta's Q4 Earnings: AI Spending, Ad Growth, and Competition with OpenAI and TikTok
Published on: January 29, 2025, 11:03 AM UTC
Maruti Suzuki, India's largest carmaker, reported lower-than-expected quarterly profit due to higher raw material prices. Revenue climbed 16%, but total costs surged 16%. Maruti Suzuki aims to capture a larger share of the electric vehicle market with plans to roll out five EVs by 2030.
Published on: January 29, 2025, 10:00 AM UTC
Starbucks reports Q1 2025 earnings, misses revenue but beats EPS estimates. Despite ongoing sales declines, the company remains optimistic about its turnaround plan, which includes a focus on core coffee products, better pricing, and faster service.
Published on: January 29, 2025, 09:01 AM UTC
Global markets were steady as Asian stocks and European equity futures followed Wall Street's tech-led rebound, with focus shifting to the Federal Reserve's rate decision and upcoming earnings from mega-cap companies.
Published on: January 29, 2025, 06:00 AM UTC