Tag: development

Posts with tag: development

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RBI Rate Decision: Malhotra Set to Cut Interest Rates, Shift Focus to Growth

India's new central bank governor, Sanjay Malhotra, is expected to cut interest rates in his first policy meeting, shifting the focus to boosting economic growth amid escalating global risks.

Asian Stocks Advance as Yields Drop, US Futures Steady

Asian stocks rise Thursday, following gains on Wall Street amid volatile trading in currency markets and a mixed economic data week.

Function Health Seeks $2 Billion Valuation in Funding Round

Function Health, co-founded by Dr. Mark Hyman, a health and longevity expert, is seeking $200 million in funding to expand its regular lab testing services.

Starbucks Limits Mobile Orders to Speed Up Service

Starbucks limits mobile orders to 12 items and removes some customization options to improve service and reduce delays.

AvalonBay's Q4 FFO Misses Estimates

AvalonBay Communities misses Q4 profit expectations, reporting funds from operations of $2.80 per share. Full-year FFO was $11.01 per share, and revenue was $2.91 billion.

Fed Officials Preach Patience Amid Tariff Uncertainty

Federal Reserve officials express caution over President Trump's new tariffs, saying they want to wait and see how they affect inflation. Despite pausing the tariffs for 30 days, economists are concerned they could result in higher inflation, creating challenges for the Fed. The Fed's wait-and-see approach follows a decision to hold rates steady after three straight cuts, and concerns remain about the impact of tariffs on rate cuts in 2025.

Workday Cuts 1,750 Jobs (8.5% of Workforce) in Restructuring Push

Workday to Cut 1,750 Jobs (8.5% of Workforce) to Invest in AI

US Sovereign Wealth Fund: A Diversified Strategy for Investing National Assets

President Donald Trump has tasked his Cabinet with creating a plan for a sovereign wealth fund, which would invest and diversify national assets for future prosperity. Despite US deficits, an existing $5.7 trillion in national assets could be utilized without increasing debt or raising taxes.

Uber shares drop 7% premarket despite strong annual results

Uber shares fell 7% premarket despite record quarterly bookings and revenue, as profits missed estimates. CEO Dara Khosrowshahi said Uber posted its "strongest quarter ever" with growth across key metrics.

Disney Tops Q1 Expectations on 'Moana 2' Box Office Smash

Disney Q1 earnings beat expectations, driven by "Moana 2" success and cost-cutting efforts. Disney+ had a modest decline in paid subscribers, raising concerns about market saturation.