Tag: family

Starbucks expands in the Middle East with plans for 500 new stores and 5,000 jobs over the next five years, despite facing boycotts last year.

Published on: February 14, 2025, 06:00 AM UTC

Deere (DE): Misses Q4 Revenue Estimates; Key Takeaways and Future Outlook - Read our full analysis of Deere's Q4 performance, including revenue shortfall, earnings decline, and long-term growth prospects.

Published on: February 13, 2025, 12:00 PM UTC

Reddit Q4 earnings miss estimates; stock falls after hours despite revenue beat and strong guidance

Published on: February 13, 2025, 12:02 AM UTC

Elizabeth Warren says President Trump and Elon Musk cannot unilaterally shut down the Consumer Financial Protection Bureau, claiming only Congress has that authority.

Published on: February 12, 2025, 10:04 PM UTC

Equinix forecasts lower-than-expected revenue due to a strong dollar and concerns about data center expansion costs amid generative AI adoption.

Published on: February 12, 2025, 10:00 PM UTC

The Consumer Financial Protection Bureau (CFPB), established by Congress to regulate financial institutions, has been halted by the Trump administration. The CFPB, responsible for protecting consumers from unfair practices, has faced scrutiny over its funding and regulatory authority. Critics argue it lacks sufficient oversight while supporters highlight its bipartisan watchdog mission. The Biden administration's rules capping overdraft fees and removing medical debt from credit reports are now on hold. Industry groups welcome the administration's actions, while consumer advocates express concern about increased vulnerability to fraud and predatory practices.

Published on: February 12, 2025, 07:04 PM UTC

Treasury yields rose, while stocks fluctuated as Federal Reserve Chair Jerome Powell reiterated the central bank is in no rush to cut rates. The S&P 500 and Nasdaq 100 moved within a narrow range, while the Dow Jones Industrial Average gained slightly. Inflation remains above the Fed's target, and investors expect the CPI report on Wednesday to show a 0.3% increase in core CPI for January. The Fed is expected to hold rates steady at its March meeting, but traders are pushing out prospects of another rate cut to the middle of the year.

Published on: February 11, 2025, 09:01 PM UTC

Trump's actions as president aim to cut spending and finance tax cuts. Targets include foreign aid, healthcare, and even eliminating the penny, while increasing tariffs and exploring budget reductions with efficiency czar Elon Musk. These moves face challenges from congressional limits, market concerns, and legal hurdles, testing the limits of libertarianism in government.

Published on: February 11, 2025, 02:03 PM UTC

Simpson (SSD) beats Wall Street expectations with Q4 revenue of $517.4 million and EPS of $1.31. Despite revenue growth, analysts project modest future growth and the stock remains flat. Our full report analyzes Simpson's business quality and valuation to determine if it's a buy.

Published on: February 10, 2025, 10:04 PM UTC

The Magnificent Seven tech stocks of META, AAPL, GOOG, AMZN, NVDA, MSFT, and TSLA underwhelm in January, with only META posting double-digit gains. Tesla is the worst performer with a 6% drop, and concerns over AI spending weigh on sentiment.

Published on: February 10, 2025, 08:01 PM UTC