Tag: environment

Trump Media & Technology Group, backed by former President Donald Trump, plans to launch a Bitcoin exchange-traded fund (ETF) as part of its Truth.Fi brand, aiming to give investors exposure to areas aligned with Trump's economic priorities. The announcement signals Trump's continued involvement in the cryptocurrency industry, which he has previously expressed support for.

Published on: February 09, 2025, 03:00 PM UTC

Rodney Hood, a former credit union regulator, will take over as the acting head of a leading national bank regulator, the Office of the Comptroller of the Currency (OCC).

Published on: February 07, 2025, 11:00 PM UTC

McDonald's (MCD) Q4 2024 earnings preview: analysts expect revenue growth, EPS decline, and weak same-store sales.

Published on: February 07, 2025, 07:01 PM UTC

Fortive Corp. (FTV) beats Q4 earnings estimates: reported EPS of $1.17, revenue of $1.62B; view Zacks' report: https://www.zacks.com/ap/FTV

Published on: February 07, 2025, 01:05 PM UTC

US stocks were mixed on Thursday as investors assessed earnings and awaited Amazon's results. The Dow Jones Industrial Average fell 0.3%, while the S&P 500 rose 0.3% and the Nasdaq Composite popped 0.5%. Investors are watching earnings for company warnings, and tech results are being scrutinized for signals about AI demand. Treasury Secretary Bessent relieved pressure on the Fed, saying Trump wants to bring down 10-year Treasury yields to ease borrowing costs rather than push for lower interest rates. Jobless claims jumped to 219,000 last week, slightly above estimates. Amazon's revenue forecast disappointed, sending shares down. Nvidia shares rose 3% as stocks rallied. AI mentions are at an all-time high on earnings calls. Ford fell 7% after muted guidance. Apple supplier Skyworks stock plummeted as the iPhone maker turns to a competitor. A tariff threat on lumber poses risks to builders' margins. Americans looking for work haven't had it this hard in almost 3 years. The Dow drops 150 points, weighed by Salesforce and Honeywell. Arm and Qualcomm stocks fall as investors wait for AI to drive demand for their chips. The labor market could be the only hope for another Fed rate cut. Roblox tumbles 13% as key metrics disappoint Wall Street. Tesla stock extends losses, down more than 2%. Peloton stock soared 23% as quarterly sales came in better than expected. Qualcomm shares were down 5% on Thursday after the chipmaker's quarterly earnings came in better than expected, but guidance for its licensing business disappointed Wall Street. Honeywell shares fell 4% on Thursday after the conglomerate ended months of speculation by announcing it would split into three listed companies. Stocks opened higher as earnings poured in. Eli Lilly reports mixed earnings, increases 2025 guidance. Europe stocks rise, FTSE 100 surges after BOE rate cut. Oil prices return from losses with Saudi price increase.

Published on: February 07, 2025, 07:02 AM UTC

Google faces scrutiny for diversity hiring targets amid intensifying debate in Washington, D.C., while Microsoft and Apple maintain their commitment to DEI despite criticism and legal challenges.

Published on: February 06, 2025, 08:00 PM UTC

Palantir Technologies (PLTR) stock surges 41% year-to-date, outperforming the tech-heavy Nasdaq Composite. Recent earnings reports show strong financial growth, including a 52% surge in US revenue and doubling of adjusted operating profits in 2024. Analysts' expectations for earnings per share in 2025 and 2026 have also been revised upward.

Published on: February 06, 2025, 07:02 PM UTC

Presidential Spending Authority: The Challenge of Impoundment and Its Potential Supreme Court Showdown

Published on: February 06, 2025, 07:03 AM UTC

Oil steadies near the lowest this year as President Donald Trump's geopolitical positions and threats of tariffs on energy weigh on the outlook.

Published on: February 06, 2025, 01:00 AM UTC

Fed officials hold a unified message on responding to tariffs, expressing caution and a wait-and-see approach as inflation concerns linger due to trade policies.

Published on: February 06, 2025, 12:03 AM UTC