Posts with tag: creative writing
Nissan CEO Makoto Uchida wants to terminate merger talks with Honda, the Asahi newspaper reports.
Published on: February 06, 2025, 03:00 AM UTC
Trump's tariffs may hit consumers hard, especially those who shop online for cheap Chinese goods. The end of the de minimis exemption will add tariffs and fees to Chinese packages, costing consumers billions of dollars. The legality of the tariffs is also unclear, with some experts predicting lawsuits to overturn them.
Published on: February 05, 2025, 02:03 PM UTC
Chipmaker GlobalFoundries Names Tim Breen as CEO, Thomas Caulfield to Be Executive Chairman
Published on: February 05, 2025, 02:00 PM UTC
US stock futures retreat as China trade war intensifies; Alphabet, AMD earnings disappoint
Published on: February 05, 2025, 11:01 AM UTC
A 10% surge in import costs shouldn't harm the US economy, but Trump's tariffs come amid heightened price sensitivity. Consumers are more likely to avoid purchases due to inflation concerns, despite Trump's pledge to reduce prices. Tariffs on China, Canada, and Mexico could cost families up to $2,600 annually, affecting a wide range of goods. Despite previous tariffs, Trump's bigger plans and the inflationary environment raise concerns about reflation.
Published on: February 04, 2025, 11:01 PM UTC
Banks increase sale of loans tied to Elon Musk's social media platform to $5.5 billion due to strong investor demand.
Published on: February 04, 2025, 08:00 PM UTC
CTS Corp. reported a profit of $13.6 million in its fourth quarter, with earnings per share of 53 cents. For the year, the company reported a profit of $58.1 million, or $1.89 per share.
Published on: February 04, 2025, 02:05 PM UTC
Stocks fell sharply on Friday as investors digested the impact of President Trump's tariffs on Canada, Mexico and China. The S&P 500 (^GSPC) closed down 1.8%, the Dow Jones Industrial Average (^DJI) fell 1.7%, and the Nasdaq Composite (^IXIC) lost 2.3%. The sell-off was broad-based, with all 11 sectors in the S&P 500 finishing in the red. Energy and financial stocks were among the hardest hit.
Published on: February 03, 2025, 01:02 AM UTC
Traders anticipate the Federal Reserve will postpone interest rate cuts until June following data revealing a rise in inflation to 2.6% in December, in line with expectations.
Published on: January 31, 2025, 02:00 PM UTC
Sanctioned tanker Huihai Pacific unloads Russian oil in China despite US sanctions, highlighting supply chain reconfigurations in the wake of US sanctions on Russian oil exports.
Published on: January 31, 2025, 04:00 AM UTC