Posts with tag: engineering
Baker Hughes rig count falls again as Permian Basin sees drop in activity
Published on: January 24, 2025, 08:02 PM UTC
Meta Platforms Inc. plans to invest $65 billion in AI projects by 2025, including a giant data center and increased hiring.
Published on: January 24, 2025, 05:05 PM UTC
US stocks opened flat after a week of gains, as investors digested President Trump's softened tone on tariffs and calls for lower interest rates. The S&P 500 hit a record high, while the Dow and Nasdaq inched higher. Company earnings and Bitcoin's price movements remain in focus.
Published on: January 24, 2025, 04:01 PM UTC
Morgan Stanley CEO predicts M&A activity will increase under Trump's deregulatory wave, benefiting energy, financial, and retail companies. Banks have seen a post-election upswing, with Morgan Stanley up 17%.
Published on: January 24, 2025, 03:02 PM UTC
Vanguard nears dethroning State Street as world's largest ETF provider as VOO inflows surge, driven by cost-conscious investors and advisors seeking long-term returns and low fees.
Published on: January 24, 2025, 02:04 PM UTC
OPEC+ has yet to respond to President Trump's call for lower oil prices, citing plans to increase output from April. Despite rising prices, OPEC+ maintains its focus on long-term market stability.
Published on: January 24, 2025, 01:00 PM UTC
President Trump signs an executive order on crypto, creating a working group to develop regulations and evaluate a potential national digital asset stockpile.
Published on: January 24, 2025, 05:01 AM UTC
Bank of Japan Raises Key Interest Rate to About 0.5%, Citing Wage Growth, Inflation
Published on: January 24, 2025, 04:03 AM UTC
Singapore's central bank loosened monetary policy to address slowing growth and reduced inflation pressures, with a focus on moderating the currency's exchange rate band.
Published on: January 24, 2025, 02:01 AM UTC
Tariffs on Canadian autos could hurt US automakers and consumers, with potential price increases of $3,000 per car. The report also highlights the high costs and challenges of onshoring production to the US, requiring billions in investment and potentially disrupting trade with Canada and Mexico.
Published on: January 24, 2025, 12:02 AM UTC