Posts with tag: development
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.
Published on: February 06, 2025, 05:00 AM UTC
Asian stocks rise Thursday, following gains on Wall Street amid volatile trading in currency markets and a mixed economic data week.
Published on: February 06, 2025, 01:01 AM UTC
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.
Published on: February 05, 2025, 11:10 PM UTC
Starbucks limits mobile orders to 12 items and removes some customization options to improve service and reduce delays.
Published on: February 05, 2025, 10:10 PM UTC
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.
Published on: February 05, 2025, 10:08 PM UTC
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.
Published on: February 05, 2025, 10:03 PM UTC
Workday to Cut 1,750 Jobs (8.5% of Workforce) to Invest in AI
Published on: February 05, 2025, 06:03 PM UTC
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.
Published on: February 05, 2025, 06:03 PM UTC
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.
Published on: February 05, 2025, 02:05 PM UTC
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.
Published on: February 05, 2025, 01:10 PM UTC