Posts with tag: hiking
Oil prices plunge along with stock markets as US consumer confidence plummets amid concerns over trade, economic growth, and energy demand.
Published on: February 25, 2025, 05:05 PM UTC
Investors seek safety in US bonds as Trump's trade war fears spark market volatility.
Published on: February 25, 2025, 05:01 PM UTC
Reddit stock (RDDT) has plunged 19% after earnings, despite beating EPS estimates. Traffic from Google Search has recovered, but user growth has declined. CEO Steve Huffman and his trust recently sold $70.5 million worth of shares. The US Federal Trade Commission is investigating Reddit's moderation policies.
Published on: February 21, 2025, 09:03 PM UTC
The Bank of Canada is reviewing its monetary policy framework, but Governor Tiff Macklem suggests officials will likely reaffirm the 2% inflation target. The bank will consider a "richer" playbook for handling supply shocks and examine whether its core inflation gauges remain appropriate in a more volatile world. The bank may also pay more attention to the housing market in setting policy. A US-Canada tariff war would hurt the Canadian economy, with output plunging nearly 3% over two years.
Published on: February 21, 2025, 06:00 PM UTC
Elon Musk proposes auditing the Federal Reserve, sparking debate about central bank transparency and political influence.
Published on: February 21, 2025, 05:02 PM UTC
American consumers have a dimming outlook on the economy in February as uncertainty related to Trump's trade policy lifted inflation expectations sharply higher for the second straight month.
Published on: February 21, 2025, 05:01 PM UTC
Uncertainty over Trump policies lurks as market nears record highs. Citi warns of potential downside risk, while others see muted impact of tariff delays. Investors weigh potential impact of Mexico/Canada tariffs as deadline approaches.
Published on: February 21, 2025, 01:01 PM UTC
Estonia, a tech hub, leads defense funding surge in central and eastern Europe prompted by Russia's invasion of Ukraine. Startups and venture capital firms invest in AI, cyber security, and drone technology to enhance national security.
Published on: February 21, 2025, 07:00 AM UTC
Walmart shares drop on conservative guidance as investors worry about tariffs
Published on: February 21, 2025, 12:01 AM UTC
MercadoLibre SA (MELI) reported Q4 earnings of $12.61 per share, beating estimates of $7.26. Revenue came in at $6.06 billion, topping expectations of $5.84 billion. For the year, MELI reported profit of $37.69 per share and revenue of $20.78 billion.
Published on: February 20, 2025, 11:08 PM UTC