Tag: Data science

Uber CEO Dara Khosrowshahi backs President Trump's initiative to eliminate taxes on tips received by drivers.

Published on: February 21, 2025, 08:00 PM UTC

Federal Reserve Governor Adriana Kugler says she believes the Fed should hold its target for short-term borrowing costs in its current range to fight inflation.

Published on: February 20, 2025, 11:04 PM UTC

The Cheesecake Factory exceeds Q4 sales targets, reporting revenue of $921 million, a 5% increase year-on-year, and a 13.7% beat on non-GAAP profit per share. Despite a slight miss on adjusted EBITDA, the company's long-term sales growth and expansion of restaurant locations indicate its strong market position. Find out if now is the right time to invest in this renowned restaurant chain in our full research report.

Published on: February 19, 2025, 10:05 PM UTC

KKR acquires an additional 5% stake in Italy's Enilive biofuel business for €587.5 million, bringing its total stake to 30%.

Published on: February 18, 2025, 08:00 AM UTC

President Trump's promise to curb inflation faces complications after hotter-than-expected Consumer Price Index (CPI) in January. Economists warn that Trump's proposed tariffs and push for rate cuts could clash with the Federal Reserve's stance on inflation and economic growth.

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

Indian Prime Minister Narendra Modi and SpaceX CEO Elon Musk discussed innovation, space exploration, sustainable development, entrepreneurship, and good governance during their meeting in the U.S. Musk's Starlink satellite internet service faces regulatory challenges in India, while Tesla awaits entry into the country's auto market.

Published on: February 14, 2025, 10:00 AM UTC

Honda and Nissan terminate merger agreement, Nissan seeks new partnership options amidst financial challenges.

Published on: February 13, 2025, 11:03 PM UTC

Anywhere Real Estate Inc. (HOUS) reported a fourth-quarter loss of $64 million, or 58 cents per share. Adjusted for non-recurring costs, the loss was 45 cents per share. Revenue for the quarter was $1.36 billion.

Published on: February 13, 2025, 01:05 PM UTC

The US labor market remains resilient, with low unemployment, rising wages, and stronger-than-expected job growth. This reduces the likelihood of the Fed cutting interest rates and suggests the market may see fewer cuts this year.

Published on: February 07, 2025, 08:01 PM UTC

India's central bank cut interest rates for the first time in nearly 5 years, but investors were disappointed by a lack of bolder steps. The Reserve Bank of India lowered the benchmark repurchase rate by 25 basis points to 6.25%, but maintained a neutral stance rather than signaling further cuts. Governor Sanjay Malhotra said the move aims to spur economic growth while keeping inflation in target range, but some analysts expect more rate cuts this year. The RBI also reiterated its commitment to managing currency volatility and providing liquidity to the financial system.

Published on: February 07, 2025, 10:02 AM UTC