Posts with tag: futurology
Trump's tariffs on Canada, Mexico, and the EU face opposition but few expect quick reversal; legal challenges likely, but courts may defer to national security claims.
Published on: February 03, 2025, 04:03 PM UTC
ECB policymaker Klaas Knot says that once inflation returns to the ECB's target, the central bank will no longer need to restrict economic growth via interest rates.
Published on: February 02, 2025, 01:00 PM UTC
ManpowerGroup Inc. (MAN) reported fourth-quarter earnings of $22.5 million, exceeding Wall Street expectations. Earnings per share were $1.02, above the estimate of 99 cents. Revenue was $4.4 billion, below the forecast of $4.42 billion. For the year, the company reported profit of $145.1 million, or $3.01 per share, on revenue of $17.85 billion.
Published on: January 30, 2025, 01:05 PM UTC
Deutsche Bank plans to cut management roles and headcount in the coming years after higher-than-expected costs marred its results in the final months of last year.
Published on: January 30, 2025, 09:01 AM UTC
Meta shares initially fell after the company reported fourth-quarter earnings that beat expectations, but forecasted a slowdown in revenue growth for the current quarter and said expenses in 2025 would grow faster than last year.
Published on: January 30, 2025, 08:02 AM UTC
The Nasdaq and S&P 500 rebounded on Tuesday, following a tech sell-off due to concerns over a cheaper AI model from Chinese startup DeepSeek and fears over US leadership in AI. Nvidia, an AI chip giant, surged 8%, recovering from a steep decline in the previous session. The tech-heavy Nasdaq Composite gained over 2%, while the S&P 500 rose 1%. Investors also focused on Big Tech earnings this week, including reports from Apple, Tesla, Meta, and Microsoft, as well as President Trump's tariff policies ahead of the Federal Reserve's interest rate decision on Wednesday.
Published on: January 28, 2025, 09:01 PM UTC
Saudi oil giant Aramco's CEO sees the oil market as healthy and expects an additional 1.3 million barrels per day this year.
Published on: January 21, 2025, 10:01 AM UTC