Posts with tag: current events
Joann to close around 500 stores in bankruptcy restructuring, spanning multiple states. Check the company's restructuring website for a list of affected locations.
Published on: February 12, 2025, 10:03 PM UTC
Intel (INTC) stock rose after Vice President JD Vance emphasized building AI chips in the US. Intel is the only large-scale American leading-edge foundry for computer chips. Despite internal issues and competition from TSMC, Intel remains a US hope for domestic AI chip production.
Published on: February 12, 2025, 10:03 PM UTC
Inflation rose more than forecast in January, with core prices reversing last month's easing. The CPI increased 3% over the prior year, while core prices rose 3.3%. Used-car prices saw another strong uptick. Economists and Fed officials point to a "bumpy" road ahead, with the Fed's path forward complicated by President Trump's protectionist trade policies.
Published on: February 12, 2025, 10:02 PM UTC
The FCC is investigating Comcast's diversity, equity, and inclusion programs following a letter from chair Brendan Carr.
Published on: February 12, 2025, 05:05 PM UTC
Geopolitical tensions are reshaping global trade patterns, with economies increasingly trading more with geopolitically aligned partners and less with rivals, according to a new report from the McKinsey Global Institute. The analysis examines trade data through 2024 and shows that the United States and China are at the center of this realignment.
Published on: February 12, 2025, 05:01 PM UTC
Companies of all sizes are getting creative with employee benefits to attract and retain talent amidst a competitive job market, offering perks ranging from preventive medical scans and pet adoption leave to generous vacation bonuses and work-life balance stipends.
Published on: February 12, 2025, 10:01 AM UTC
Randstad defies market gloom with resilient earnings, reports Q4 core profit above expectations despite challenging market conditions.
Published on: February 12, 2025, 07:01 AM UTC
Fed Chair Powell signals patience on interest rate adjustment, citing strong economy and elevated inflation
Published on: February 11, 2025, 07:01 PM UTC
Chelsea co-owner Todd Boehly reportedly set to buy stake in English cricket club Trent Rockets.
Published on: February 11, 2025, 04:05 PM UTC
Rail equipment company Wabtec (WAB) is set to announce its Q4 earnings tomorrow. Here's what to expect.
Published on: February 11, 2025, 02:01 PM UTC