Posts with tag: gadgets
Gold futures rise to new records as Goldman Sachs analysts reiterate bullish call on precious metal, citing looming US tariffs against Mexico and Canada.
Published on: January 31, 2025, 07:01 PM UTC
Thousands of Costco workers in six states prepare for a strike as union negotiations continue
Published on: January 31, 2025, 07:00 PM UTC
Tether, the leading stablecoin issuer, reports a staggering $13 billion profit in 2022, surpassing major investment banks in profitability. Despite concerns about transparency, Tether claims it has over $7 billion in excess reserves and has shifted its corporate entity to El Salvador.
Published on: January 31, 2025, 06:04 PM UTC
Swiss court convicts commodities giant Trafigura in bribery case, imposing a $3.3 million fine and ordering the company to set aside $145 million for possible compensation claims.
Published on: January 31, 2025, 06:04 PM UTC
UPS shares fall after company cuts ties with Amazon, focusing on more profitable business. The move is expected to impact Amazon's last-mile delivery and benefit competitors like FedEx. UPS targets higher-margin segments but faces challenges due to increased costs and a fragmented market.
Published on: January 31, 2025, 03:01 PM UTC
Trump's tariffs add uncertainty to markets as questions remain about details, including whether they will apply to oil. Analysts say tariffs could impact inflation and Fed's interest rate plans.
Published on: January 31, 2025, 03:00 PM UTC
Trafigura and its ex-COO convicted of bribery in Swiss court, marking a historic moment in the fight against corruption in the commodities industry.
Published on: January 31, 2025, 02:06 PM UTC
World markets mostly rose on Friday after Tesla, IBM and Meta Platforms reported strong profits. European markets opened higher after the ECB cut rates, while the Nikkei 225 rose in Tokyo after Japan's core inflation rate hit 2.5%.
Published on: January 31, 2025, 10:01 AM UTC
Mortgage rates show little movement despite stock market volatility and housing affordability challenges persist.
Published on: January 31, 2025, 01:03 AM UTC
Federated Hermes, Inc. (FHI) reported fourth-quarter net income of $84.7 million, topping Wall Street expectations. The company also reported revenue of $424.7 million, surpassing Street forecasts.
Published on: January 30, 2025, 11:06 PM UTC