Posts with tag: conflict
Stocks fluctuate as traders await Federal Reserve minutes amid latest US tariff threats. Key events this week include China loan prime rates, Eurozone consumer confidence, and US initial jobless claims.
Published on: February 19, 2025, 07:00 PM UTC
Elon Musk's efficiency commission has targeted Social Security, sparking concerns about the program's funding and benefit payments. However, reforms are needed to address the funding shortfall as benefit payments outpace tax revenue. Options include raising taxes, cutting benefits, or a combination of both. While Musk's commission may identify waste and abuse, the main issue is the imbalance between a declining workforce and a growing retiree population. Resolving this requires raising taxes or cutting benefits, or both.
Published on: February 19, 2025, 01:02 AM UTC
ECB policymaker Fabio Panetta says higher U.S. tariffs on European exports are unlikely to impact Eurozone inflation, with the main risk being medium-term inflation falling below the 2% target.
Published on: February 15, 2025, 11:00 AM UTC
Ford beat Q4 earnings and revenue estimates but provided muted guidance for 2025 due to market headwinds. Ford Blue, Model e, and Ford Pro segments reported mixed results, with Model e facing continued losses. CEO Farley highlighted focus on quality, cost, and electrification, while also advocating for a comprehensive tariff policy.
Published on: February 06, 2025, 08:01 AM UTC
Wall Street banks are preparing to sell a large portion of their debt holdings in social media platform X, including up to $3 billion in debt granted to Elon Musk for his acquisition of the former Twitter.
Published on: January 24, 2025, 09:01 PM UTC
Mexico, EU announce revamped trade pact boosting investment, reducing tariffs, fostering cooperation ahead of Trump inauguration.
Published on: January 17, 2025, 08:02 PM UTC