Posts with tag: history
Ford CEO Jim Farley calls for fair tariffs, highlighting that Hyundai and Toyota import vehicles without tariffs while Ford faces them on imports from Mexico and Canada.
Published on: February 06, 2025, 04:00 PM UTC
Cemex sees improving cement demand in the US, its largest market, after lower volumes dented sales in 2024. The company expects a boost in 2025 from transportation projects and manufacturing projects.
Published on: February 06, 2025, 01:00 PM UTC
Omnicell Inc. reports stronger-than-expected earnings in the fourth quarter, with revenue also exceeding forecasts.
Published on: February 06, 2025, 12:05 PM UTC
The labor market is currently in a "broadly stable" state, with little turnover and a steady unemployment rate. However, economists are concerned that inflation could eventually lead to a downturn in the job market, as higher prices could weigh on consumer spending and businesses may be less likely to hire new employees.
Published on: February 06, 2025, 12:01 PM UTC
Ford beat Q4 earnings and revenue estimates but provided muted guidance for 2025 due to market headwinds. Ford Blue, Model e, and Ford Pro segments reported mixed results, with Model e facing continued losses. CEO Farley highlighted focus on quality, cost, and electrification, while also advocating for a comprehensive tariff policy.
Published on: February 06, 2025, 08:01 AM UTC
US stocks rebounded from losses on Wednesday to close higher, boosted by a jump in Nvidia shares. Earnings from Alphabet and AMD fell short, but Big Tech got a boost from Nvidia's rise. The tech-heavy Nasdaq rose 0.2%, while the S&P 500 added 0.4%. The Dow Jones Industrial Average led gains, rising 0.7%. Alphabet's stock fell due to missed cloud revenue estimates, while Nvidia benefited from potential AI spending by Alphabet. Treasury yields declined, with the 10-year Treasury yield dropping nine basis points. AMD's earnings raised concerns about AI momentum, and it saw a price drop of 6%. The US-China tariff trade, Trump's Gaza comments, and interest rate sensitive sectors led by real estate and utilities rounded out the market update.
Published on: February 06, 2025, 07:02 AM UTC
The Bank of Japan's hawk, Naoki Tamura, signals at least two rate hikes by early next year and says short-term rates should reach 1%.
Published on: February 06, 2025, 07:00 AM UTC
Zips Car Wash files for Chapter 11 bankruptcy, plans to hand over control to lenders amidst $1B+ in debt
Published on: February 06, 2025, 05:01 AM UTC
Find the best CD rates in the U.S., updated as of Jan. 31, 2025. Compare rates from banks and credit unions to earn a solid return on your savings.
Published on: February 05, 2025, 11:00 PM UTC
Globe Life Inc. (GL) announced Q4 profit of $255.2 million, topping analysts' expectations of $3.10 per share. Annual earnings reached $1.07 billion, with revenue of $5.8 billion.
Published on: February 05, 2025, 10:08 PM UTC