Posts with tag: football
Elon Musk's government efficiency commission claims to have identified billions in savings through contract cancellations and renegotiations. However, the accuracy of these claims is questionable, as sizable mistakes have been found in the commission's records and the claimed savings may be spread over multiple years. The commission's actions have targeted various agencies, with the deepest cuts to date being at USAID, the Department of Education, and the Social Security Administration. The impact of these cuts on the federal workforce and the potential for an economy-wide recession are also concerns.
Published on: February 20, 2025, 03:03 PM UTC
Norinchukin Bank CEO Kazuto Oku to step down as lender forecasts deeper losses from soured foreign bond investments; CFO Taro Kitabayashi to take over on April 1.
Published on: February 20, 2025, 08:01 AM UTC
Xylem (XYL) is scheduled to release its earnings tomorrow, here is an overview of what to expect.
Published on: February 03, 2025, 02:06 PM UTC
The stock market is at a remarkable high as President-elect Donald Trump prepares for his second term. The S&P 500 rose more than 20% for the second consecutive year in 2024, driven by factors such as interest rate cuts, strong corporate earnings, and enthusiasm for AI. However, concerns remain about the market's concentration in a handful of large-cap tech stocks and its high valuation. Experts debate whether the market optimism can continue amidst uncertainties about Fed rate cuts and Trump's proposed policies.
Published on: January 20, 2025, 03:01 AM UTC