Tag: gadgets

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Elon Musk to Present Case for Government Spending Cuts to JPMorgan Audience

Elon Musk presents to JPMorgan Chase CEO Jamie Dimon on government spending cuts, reflecting his role as head of the Department of Government Efficiency and his efforts to restructure government agencies.

Chipotle Beats: Strong Sales Drive Q4 Results Despite Economic Headwinds

Chipotle Tops Q4 Estimates as Same-Store Sales Jump 5.4%, Plans to Open 345 Locations

Spaving: The Costly Trap of Spending to Save

Spaving, or spending extra to save, is a marketing technique retailers use to encourage customers to spend more than planned. Common spaving traps include buy one, get one free offers, qualifying for free shipping, and "spend more, save more" promotions. To avoid spaving, create a budget, make a shopping list, and wait before making nonessential purchases. Beware that spaving can tempt you into spending more than you planned.

Walmart Cuts Hundreds of Jobs, Relocates Employees to California and Arkansas

Amidst employee relocations to California and Arkansas, Walmart reportedly eliminates hundreds of roles and closes a North Carolina office.

Stocks Surge on Dip Buying, Led by Tech Giants

Stocks rebounded on Tuesday as dip buyers stepped in after a volatile day for financial markets globally, with big tech leading the way ahead of results from Google parent Alphabet.

S&P 500's Magnificent Seven Surge Ahead as Capex Gap Widens

As the S&P 500's "Magnificent Seven" boost spending by 40%, the gap widens between corporate giants and the rest, who face cash flow constraints and trade uncertainties.

Gold Hits Record as Trade War Fears Boost Haven Demand

Gold hits new all-time high as Trump's tariffs trigger haven demand amid trade-war fears

Wells Fargo Enforcement Actions Ended, But Asset Cap Remains

The Federal Reserve terminated two enforcement actions against Wells Fargo but maintained the asset cap imposed in 2018. CEO Scharf acknowledges the progress, indicating a shift towards improved compliance and regulatory adherence at Wells Fargo.

Trump's Tariff Pain Is the Wrong Kind of Pain

President Trump's tariffs will cause pain in the form of higher prices, swooning stock values, and economic uncertainty. But Trump is missing an opportunity to address the more pressing issue of the gigantic national debt.

Indonesia Sets Up Fund to Manage State Assets, Seek Investments

Indonesia amends state-owned enterprises law, paving way for new investment agency Danantara, which will manage billions of dollars in state assets. The move aims to boost economic growth and mobilize funding for key projects.