Tag: education

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Deadline approaches: Trump's tariffs cast a cloud of uncertainty over markets

Trump's Tariff Deadline Looms: Uncertainty Weighs on Business and Economic Outlook

Home Contract Activity Slows in December, Suggesting Higher Mortgage Rates Dampen Demand

Housing contract activity fell 5.5% in December, led by declines in the West and Northeast, suggesting higher mortgage rates are cooling buyer enthusiasm.

Asia Markets Mostly Higher After Wall Street Gains, Japan Inflation Hits 2.5%

Asia stocks rise following Wall Street gains, Japan inflation surpasses target

Apple Earnings Preview: Concerns Amid China iPhone Sales, AI Hopes

Apple's upcoming earnings report faces scrutiny amid concerns over China iPhone sales and underwhelming AI features, but analysts remain bullish on the company's services growth and potential rebound.

Trump Uses Natural Gas Exports to Boost US Influence

President Trump's strategy to leverage natural gas exports for expanding US influence gains early traction, with talks of procuring more US gas from countries like India, Kuwait, and Japan. However, the use of tariffs to coerce purchases carries significant risks and may drive buyers away.

US Stocks Rise on Tech Earnings, Apple Results Awaited

US stocks advanced on Thursday as investors processed earnings from tech giants and waited for Apple's (AAPL) results for further insights into the prospects of Big Tech. The S&P 500 (^GSPC) gained 0.5%, while the Dow Jones Industrial Average (^DJI) rose 0.4%. The tech-heavy Nasdaq Composite (^IXIC) climbed 0.3%.

Grupo Argos posts 221% jump in 2024 profit

Grupo Argos' 2024 net profit surges 221% to COP 2.53 trillion ($609 million), driven by growth in energy, cement and airport operations.

Kentucky Governor Promotes State at World Economic Forum

Kentucky Governor Andy Beshear promotes the state as a prime location for business expansion and investment at the World Economic Forum in Davos, Switzerland.

Citizens Financial Posts Q4 Profit of $8M

Citizens Financial Services Inc. (CZFS) reported fourth-quarter net income of $8 million, with earnings of $1.68 per share. Revenue was $43.1 million. For the year, the company reported profit of $27.8 million, or $5.85 per share. Revenue was reported as $101.9 million.

Housing Contract Activity Slows Amid Rising Mortgage Rates

Pending home sales slowed in December as higher mortgage rates deterred buyers. The Pending Home Sales Index fell 5.5% to 74.2, ending a four-month upward trend. Contract signings dropped in all regions, with the most expensive areas experiencing the greatest impact.