Tag: current events

Linda McMahon, nominee for Secretary of Education, pledges to continue the Public Service Loan Forgiveness program, despite criticism from Republicans. The Biden administration has made it easier for borrowers to qualify and has forgiven over 1 million debts. Some advocates worry that the Trump administration could slow the program down again.

Published on: February 14, 2025, 11:02 AM UTC

JPMorgan Chase CEO Jamie Dimon advocates for restructuring financial regulatory agencies, including the CFPB. He highlights concerns over debanking and anti-money laundering rules, calling for a comprehensive review of the regulatory landscape.

Published on: February 13, 2025, 11:01 PM UTC

DraftKings Missed Q4 Revenue Estimates but Beat Earnings; Guidance Raised, Stock Soars

Published on: February 13, 2025, 10:09 PM UTC

New Zealand's manufacturing sector expands for first time in two years, with production and new orders rising.

Published on: February 13, 2025, 10:04 PM UTC

Yelp (NYSE: YELP) reported strong Q4 results, beating analysts' revenue expectations. Revenue grew 5.7% year-over-year to $362 million, driven by growth in the Advertising segment. The company also reported better-than-expected EPS of $0.62, a 17.9% beat. For the full year, Yelp expects revenue of $1.48 billion, in line with analysts' estimates. Management's revenue guidance for the upcoming financial year 2025 is $1.48 billion at the midpoint, implying 4.6% growth. Adjusted EBITDA guidance for the upcoming financial year 2025 is $352.5 million at the midpoint, below analyst estimates of $362.9 million.

Published on: February 13, 2025, 10:04 PM UTC

The United States is treated unfairly by trading partners, leading to a large trade deficit. To address this, the "Fair and Reciprocal Plan" will counter non-reciprocal trading arrangements by determining equivalent reciprocal tariffs and examining non-reciprocal trade relationships with all US trading partners, including tariffs, discriminatory taxes, and other unfair practices.

Published on: February 13, 2025, 09:00 PM UTC

Despite CFPB work freeze, consumers can still submit complaints through the agency's online portal. The system allows Americans to send complaints about financial institutions directly to the CFPB's database, which are then routed to the responsible company. Despite the freeze, the portal remains operational and unaffected by the work stoppage.

Published on: February 13, 2025, 01:01 PM UTC

Apple reportedly plans to launch the new iPhone SE next week and partner with Alibaba to roll out Apple Intelligence in China, despite skepticism from some analysts who question the impact of the AI offering and the potential challenges in the Chinese market.

Published on: February 13, 2025, 09:02 AM UTC

Alpha Data, a UAE technology company, announces plans for an initial public offering on the Abu Dhabi Securities Exchange (ADX), offering 40% of its capital with 400 million shares.

Published on: February 13, 2025, 06:02 AM UTC

Q2 Holdings (QTWO) Q4 Earnings Beat, Revenue Rises 12.9% YoY; Is QTWO a Buy?

Published on: February 12, 2025, 11:05 PM UTC