Tag: current events

Posts with tag: current events

Latest Posts

US Factory Activity Expands in January as Orders Rise

US factory activity expanded for the first time since 2022, with orders and production increasing, suggesting a brighter manufacturing outlook despite tariff threats.

US Oil Outperforms Peers on Trump Tariffs, Threatening Supplies

US crude futures outpace other oil markets as tariffs threaten supplies from Canada and Mexico, potentially impacting prices and supply dynamics.

Dollar Surges, Stocks Plunge as Trump's Tariffs Ignite Global Market Turmoil

Dollar surges, stocks plunge on Trump tariffs that stoke fears of global economic chaos

Musk's Group Gets Access to Sensitive Treasury Data

DOGE, run by Elon Musk, has gained access to sensitive Treasury data, including Social Security and Medicare payment systems, sparking concerns about data misuse and politically motivated actions.

Money Market Account Interest Rates Today: Find the Best Rates and Banks

Compare the best money market account rates today to earn more on your savings. The national average rate is 0.64%, but top accounts offer over 4% APY.

India Cuts Taxes, Narrows Deficit to Boost Slowing Economy

India's finance minister announces tax cuts for low-income earners and raises infra spending in the budget to bolster the slowing economy amid global risks.

Trump's Experiments in Radicalism: Redefining Economic Success and Voter Expectations

Donald Trump's presidency is testing the limits of voter tolerance for radicalism and disorder. His policies aim to redefine economic success and may shape future political experiments. Despite criticism, Trump's actions may expose the flaws in conventional solutions and create opportunities for Democrats to engage with struggling Americans.

Apple Earnings Beat, iPhone China Sales Less of a Concern Than Expected

Apple beats earnings estimates, but iPhone sales in China decline. Analysts remain bullish, citing Tim Cook's explanation of the decline and the company's strong AI capabilities.

Fed's Preferred Inflation Gauge Shows Prices Rose in December

Core inflation rose 0.2% in December, meeting expectations, while overall PCE increased 2.6% yearly. The Fed paused rate cuts after the reading, citing elevated inflation and uncertainty over tariffs.

Chili's Success: Inside the Revitalization of a Restaurant Chain

Brinker International (EAT) CEO Kevin Hochman has led the restaurant chain to outperform its competitors, with a 348% stock gain over the past year. Chili's, known for its ribs, fajitas, and burgers, has seen a surge in customer visits and sales growth. Hochman attributes the success to value marketing, higher quality food, and operational improvements. He plans to continue the turnaround with new menu items, store renovations, and technology upgrades.