Posts with tag: creativity
Tyson Foods (TSN) is not too worried about President Trump's newest tariffs, as CEO Donnie King says the company does not expect to "see significant impact." The meat supplier raised its annual adjusted operating income forecast.
Published on: February 03, 2025, 08:02 PM UTC
Trump says Fed made the right decision to pause interest rate cuts, despite his previous demands for lower rates. Economists predict tariffs will push inflation higher, making rate cuts unlikely in 2025. The Fed is expected to remain on the sidelines and monitor the impact of tariffs on inflation and growth.
Published on: February 03, 2025, 06:02 PM UTC
President Trump comments on Federal Reserve's decision to keep interest rates unchanged, discusses tariff plans and their potential impact on inflation and interest rate plans.
Published on: February 03, 2025, 04:01 PM UTC
Hedge funds are pulling out of US stocks due to fears over Trump's tariffs. Goldman Sachs reports that hedge funds increased short sales of US stocks, as well as long sales. As a result, futures on the S&P 500 have dropped 1.7%
Published on: February 03, 2025, 02:05 PM UTC
Trump's tariffs on Canada, Mexico, and China have sparked fears of a global trade war. Business leaders urge reconsideration, citing potential damage to American industries. Learn investing lessons from the DeepSeek drama, as experts predict more market volatility due to heavy AI focus. Meta, TikTok, and private prisons are among the businesses affected by Trump's policies.
Published on: February 03, 2025, 01:01 PM UTC
Australian retail sales dropped in December but discounting helped shoppers contribute to economic growth in the fourth quarter. Data shows sales rose 1.0% to A$105.8 billion, aided by Cyber Monday promotions and government subsidies. The spending is expected to add 0.2 percentage points to GDP, while markets anticipate the Reserve Bank of Australia may cut rates soon due to disinflation and global trade risks.
Published on: February 03, 2025, 02:00 AM UTC
The US labor market likely added 170,000 jobs in January, while annual revisions to payroll data may show a more moderate pace of hiring in recent years. The revisions will adjust for business births and deaths and align payrolls with a more comprehensive job count. The data will be closely watched by the Federal Reserve as it assesses the labor market and the need for further interest rate adjustments.
Published on: February 02, 2025, 03:00 PM UTC
President Trump plans to impose trade penalties against Canada, Mexico, and China, risking higher inflation and disruptions to the global economy. Trump believes tariffs will help the US reshape the world, but financial markets have reacted negatively and economists warn of higher prices. Canada, Mexico, and China are considering retaliatory measures, and Democrats are sponsoring legislation to limit Trump's tariff authority.
Published on: February 01, 2025, 03:00 PM UTC
Trump adviser arrives in Venezuela to secure release of American prisoners, address deportation of gang members and potentially discuss sanctions relief.
Published on: January 31, 2025, 08:01 PM UTC
Meta Platforms (META) was down 1.55% on Monday due to concerns about DeepSeek AI's impact on tech infrastructure spending, but CEO Mark Zuckerberg downplayed the threat, saying industry changes are common and DeepSeek's advances will ultimately benefit Meta.
Published on: January 31, 2025, 12:03 PM UTC