Tag: current events

Uber has moved to a zero-commission model for its autorickshaw drivers in India and will instead charge them a subscription fee, mirroring a strategy followed by local rivals as competition intensifies.

Published on: February 18, 2025, 03:00 PM UTC

Airline industry experts discuss the challenges facing low-cost carriers amid rising costs and changing passenger preferences. Industry giants like Southwest are adopting new strategies, while JetBlue's recent outlook has disappointed investors.

Published on: February 18, 2025, 10:01 AM UTC

European bonds dip and defense stocks rally as geopolitical tensions heighten, boosting defense spending and potentially increasing government borrowing.

Published on: February 17, 2025, 04:00 PM UTC

Despite a hotter-than-expected inflation report, the Federal Reserve remains hesitant to cut interest rates, putting President Trump on a potential collision course with the Fed.

Published on: February 17, 2025, 02:02 PM UTC

Despite headwinds facing the stock market, such as inflation, rising interest rates, and geopolitical events, history has shown that the economy and stock market can flourish amidst challenges. This can be explained by the Latin phrase "ceteris paribus," meaning all else equal. Analysts use this caveat to examine the effects of a variable assuming nothing else is changing. However, in reality, multiple factors can influence outcomes. Recent data and macroeconomic developments indicate continued economic growth, positive demand for goods and services, and a Fed focused on supporting the labor market. While sentiment-oriented data has been weak, hard economic data remains strong. Analysts expect the U.S. stock market to outperform the economy due to positive operating leverage, resulting from cost structure adjustments. However, investors should remain vigilant to risks and market volatility, recognizing that economic recessions and bear markets are part of long-term investing.

Published on: February 17, 2025, 02:01 PM UTC

Baidu shares plummet after its founder's absence at a meeting with China's president, sparking speculation about the company's standing in the market.

Published on: February 17, 2025, 10:00 AM UTC

Anglo American Platinum Declares Extra Cash Payout Before Anglo American Exit

Published on: February 17, 2025, 07:01 AM UTC

JPMorgan Chase expects criticism for business practices, including diversity, equity and inclusion (DEI).

Published on: February 15, 2025, 12:00 AM UTC

Airbnb (ABNB) stock surged 14% after CEO Chesky unveiled plans to expand the app beyond vacation rentals, adding new businesses adjacent to travel.

Published on: February 14, 2025, 11:01 PM UTC

Billionaire investor William Ackman made notable changes to his portfolio during Q4, increasing his stake in Nike by 15% and reducing his investment in Chipotle Mexican Grill by 14%.

Published on: February 14, 2025, 11:00 PM UTC