Posts with tag: elections
DOGE, run by Elon Musk, has gained access to sensitive Treasury data, including Social Security and Medicare payment systems, sparking concerns about data misuse and politically motivated actions.
Published on: February 02, 2025, 03:00 AM UTC
President Trump fires Rohit Chopra as Director of the Consumer Financial Protection Bureau. Chopra, an Obama administration holdover, had been criticized by Republicans and the financial industry for his regulatory actions.
Published on: February 01, 2025, 05:01 PM UTC
India's finance minister announces tax cuts for low-income earners and raises infra spending in the budget to bolster the slowing economy amid global risks.
Published on: February 01, 2025, 10:00 AM UTC
Donald Trump's presidency is testing the limits of voter tolerance for radicalism and disorder. His policies aim to redefine economic success and may shape future political experiments. Despite criticism, Trump's actions may expose the flaws in conventional solutions and create opportunities for Democrats to engage with struggling Americans.
Published on: January 31, 2025, 09:02 PM UTC
Core inflation rose 0.2% in December, meeting expectations, while overall PCE increased 2.6% yearly. The Fed paused rate cuts after the reading, citing elevated inflation and uncertainty over tariffs.
Published on: January 31, 2025, 06:03 PM UTC
Smaller firms look to hunt larger prey in improving environment for deals. Consolidation through M&A prevalent as companies seek to bulk up and achieve cost-cutting. Stock rallies and low interest rates fuel bolder acquisitions, with all-stock deals gaining traction.
Published on: January 31, 2025, 02:01 PM UTC
Yen strengthens with BOJ rate hike expectations; Peso and loonie under pressure ahead of Trump tariffs
Published on: January 31, 2025, 02:00 AM UTC
Olin Corp. (OLN) reported fourth-quarter profit of $10.7 million, or 9 cents per share, topping Wall Street expectations. Revenue was $1.67 billion, also surpassing forecasts.
Published on: January 30, 2025, 11:05 PM UTC
Starbucks faces pricing pressure as consumers perceive coffee costs too high, JP Morgan analysis shows. CEO Brian Niccol aims to improve value perception and drive turnaround, but challenges remain.
Published on: January 30, 2025, 03:06 PM UTC
OneWater Marine Inc. (ONEW) reports a smaller-than-expected loss in its fiscal first quarter, driven by higher-than-anticipated revenues.
Published on: January 30, 2025, 01:10 PM UTC