Tag: digital art

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Bank of Canada's Inflation Target Should Stay at 2%, Governor Says

Bank of Canada Governor Tiff Macklem advocates maintaining the 2% inflation target during the upcoming 2026 review. He emphasizes the need to address pressing economic issues, including the potential impact of U.S. tariffs on Canada's economic growth and inflation.

US and Russia Discuss Ukraine War, Signal Potential Cooperation

Senior U.S. and Russian officials meet to discuss the war in Ukraine, raising the possibility of broader cooperation and a potential meeting between President Trump and Russian President Vladimir Putin.

Google, Poland sign AI pact

Google signs deal with Poland to speed up adoption of Artificial Intelligence

Breakfast Staples Prices Surge: Eggs, Orange Juice, and Coffee Hit Consumers

Inflation is hitting the prices of breakfast staples like eggs, orange juice, and coffee. The cost of eggs is up 53% year-over-year, while orange juice prices have jumped 7.7%. Coffee is also getting more expensive, with instant coffee up 7.1%. A multitude of factors are to blame, including the highly pathogenic avian influenza, ongoing citrus greening, and weather events. As a result, grocers like Costco and Trader Joe's are limiting egg purchases, and restaurants like Waffle House are adding surcharges to menus. Consumers can expect to see higher prices for coffee at the grocery store as well.

Altice (ATUS) Earnings Preview: Revenue Decline, EPS Estimate of $0.04

Altice USA (ATUS): Earnings Preview, Revenue Estimates, and Analyst Sentiment

Brookfield Asset Management profit beats Street in the fourth quarter

Brookfield Asset Management reports Q4 profit of $688 million, beating estimates. Revenue was $1.06 billion, below forecasts of $1.25 billion. For the year, profit was $2.17 billion, or $1.33 per share, on revenue of $4.71 billion. Brookfield shares have risen 3% year-to-date and 37% in the last 12 months.

Consumer Watchdog's Dismantling Leaves Americans Vulnerable to Financial Abuse

The Trump administration's dismantling of the Consumer Financial Protection Bureau leaves consumers vulnerable to unfair treatment by financial institutions. The agency enforced laws protecting consumers from predatory lending, inaccurate credit billing, and discrimination. Its elimination means no one is policing the nation's largest financial firms. States have varying consumer protection laws, but enforcement is inconsistent. The lack of oversight creates uncertainty for businesses and puts low-income consumers at greater risk.

Rivian Opens Orders for Commercial Vans, Expanding EV Business

Rivian opens orders for its commercial van beyond initial launch partners, targeting a lucrative market dominated by Mercedes and Ford. The EV maker's commercial vans come in two sizes and start at $79,900, aiming to capitalize on the growing e-commerce logistics and last-mile fulfillment industry.

CDW beats Wall Street earnings forecasts

CDW Corporation reports $264.2 million quarterly net income, surpassing analysts' estimates with $2.48 EPS and $5.19 billion revenue.

iPhone Sales Dip as Apple's AI Ambitions Face Challenges

Apple's Q4: Slight iPhone Sales Dip, AI Rollout Underwhelms