Tag: development

Posts with tag: development

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Trump Proposes 'Economic Development' with Russia Amid Ukraine War Talks

President Trump suggests "economic development" with Russia as part of ongoing Ukraine peace talks, potentially involving rare earth minerals.

Berkshire Hathaway's Q4 Earnings Surge 71% on Interest Rates, Insurance Boost

Berkshire Hathaway's operating earnings surged 71% in Q4, driven by higher interest rates and a strong insurance business recovery.

Elon Musk's Department of Government Efficiency Cuts Hit Consulting Firms and Media Outlets

Government consultants and media outlets face cuts as Elon Musk's Department of Government Efficiency targets cost reduction, with prominent companies like Deloitte affected.

ECB could cut deposit rate to 2% by summer

The European Central Bank could cut its deposit rate to 2% by summer, says Bank of France head Francois Villeroy de Galhau.

MercadoLibre Stock Soars After Impressive Q4 Results

MercadoLibre stock jumped 12.7% after the company's impressive Q4 2024 results beat analyst expectations on EPS, EBITDA, revenue, and active users.

US Business Activity Nears Stall Amid Tariffs and Spending Cuts

US business activity nearly stalled in February amid mounting fears over tariffs and government spending cuts, erasing the momentum seen after President Trump's election victory. A survey by S&P Global shows the composite PMI output index fell to 50.4, the lowest since September 2023, as companies express concerns about federal government policies and uncertainty caused by the changing political landscape.

Walmart Outlook Disappoints: Wall Street Reacts

Walmart shares tumbled 6.23% Thursday after the retailer issued a weaker-than-expected 2025 outlook. Analysts remain bullish, citing the company's consistent performance and strong market position.

Fed Officials Sound Note of Caution on Inflation Amid Tariff, Immigration Concerns

Fed Official Warns of Inflation Concerns Amid Tariff Talk

Rivian Posts Strong Q4, Sees Smaller Loss in 2025

Rivian reports strong Q4 results, posting a gross profit and narrowing its full-year 2024 EBITDA loss estimate. Despite positive earnings, Rivian stock dips pre-market, impacted by guidance and regulatory uncertainties.

US Stocks Pull Back as Investors Assess Walmart's Outlook and Trump's Planned Policies

US stocks retreated on Thursday as investors examined Walmart's (WMT) outlook and weighed the potential consequences of President Trump's planned tariffs and policy changes.