Tag: engineering

Amazon Web Services (AMZN) is partnering with healthcare companies to advance AI in healthcare, including MSK to develop cancer patient treatments and track cancer research.

Published on: February 18, 2025, 09:02 PM UTC

Spanish banking giant Santander announces over $2 billion USD in investments for Mexico over the next three years to further expand their digital banking presence and support the country's growth.

Published on: February 18, 2025, 08:00 PM UTC

New tariffs under the Trump administration may cause companies to reconsider long-term capital investments in property, plants, and equipment. Goldman Sachs found that S&P 1500 companies increased capital expenditure expectations by 5%, but only 2% for companies with exposure to tariffs. Mentions of tariffs on earnings calls have increased, and companies with greater tariff exposure raised inflation expectations disproportionately. The administration has implemented tariffs on steel, Chinese imports, and is considering further tariffs on EU autos and critical imports. While the markets have shrugged off tariff concerns, executives are becoming cautious as uncertainty clouds planning and costs rise.

Published on: February 18, 2025, 07:03 PM UTC

The NAHB/Wells Fargo Housing Market Index fell five points to 42 in February, indicating builders are less optimistic about the market amid rising costs and interest rates.

Published on: February 18, 2025, 07:03 PM UTC

U.S. homebuilder sentiment plunged five points to 42, the lowest reading since September, amid worries that tariffs on imports would combine with higher mortgage rates to further drive up housing costs.

Published on: February 18, 2025, 04:03 PM UTC

Intel shares jump on report of Broadcom, TSMC acquisition interest

Published on: February 18, 2025, 02:04 PM UTC

Digging out of debt used to be a new year tradition, but that trend may be disappearing as borrowers struggle with pricey car loans and ballooning card debt year-round. Household debt climbed to a new high of $18.04 trillion, with credit card balances increasing by almost 4% to a record $1.21 trillion. Serious delinquency rates for auto loans and credit cards are at 14-year highs, and credit counselors are seeing individuals paying up to 21%-22% of their income toward car payments. With credit card rates averaging north of 20%, the strain could get worse, and economists warn that tariffs could lead to higher consumer prices.

Published on: February 18, 2025, 02:03 PM UTC

Listen to Yahoo Finance's Stocks in Translation podcast to hear experts discuss the potential impact of President Trump's second term on various sectors, including tech, energy, and insurance.

Published on: February 18, 2025, 08:01 AM UTC

Asian stocks rally after China's Xi Jinping raises optimism for private sector support, with Hong Kong gauges outperforming.

Published on: February 18, 2025, 06:00 AM UTC

Chinese manufacturer Sany Heavy Industry plans to list in Hong Kong, in a move that could raise up to $1.5 billion.

Published on: February 18, 2025, 05:00 AM UTC