Posts with tag: learning
Reddit Q4 earnings miss estimates; stock falls after hours despite revenue beat and strong guidance
Published on: February 13, 2025, 12:02 AM UTC
Sen. Elizabeth Warren warns of potential legal clash with Trump administration over the Consumer Financial Protection Bureau (CFPB). She emphasizes that only Congress has the authority to shut down the agency and calls for legal action if the administration violates the law.
Published on: February 12, 2025, 11:02 PM UTC
Pixelworks reports Q4 loss, revenue dips
Published on: February 12, 2025, 10:06 PM UTC
Trump dismisses inflation report as 'Biden inflation', calls for lower interest rates.
Published on: February 12, 2025, 08:02 PM UTC
The Consumer Financial Protection Bureau (CFPB), established by Congress to regulate financial institutions, has been halted by the Trump administration. The CFPB, responsible for protecting consumers from unfair practices, has faced scrutiny over its funding and regulatory authority. Critics argue it lacks sufficient oversight while supporters highlight its bipartisan watchdog mission. The Biden administration's rules capping overdraft fees and removing medical debt from credit reports are now on hold. Industry groups welcome the administration's actions, while consumer advocates express concern about increased vulnerability to fraud and predatory practices.
Published on: February 12, 2025, 07:04 PM UTC
Tariffs threaten to increase car insurance prices by driving up the cost of auto parts and repairs. But the impact may take years to appear in premium rates due to the slow insurance pricing cycle.
Published on: February 12, 2025, 04:04 PM UTC
Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation down to a 2% annual rate has stalled out, at least temporarily.
Published on: February 12, 2025, 02:03 PM UTC
Denny's Corp. reported a net income of $6.8 million in the fourth quarter, missing Wall Street expectations of $115.6 million.
Published on: February 12, 2025, 01:06 PM UTC
Rising insurance costs due to climate change may make mortgages unavailable in certain areas within the next 10-15 years, warns Federal Reserve Chairman Jerome Powell.
Published on: February 12, 2025, 11:02 AM UTC
US stock futures remain steady ahead of the release of January's inflation report, which will provide insights into the Federal Reserve's interest rate plans.
Published on: February 12, 2025, 10:01 AM UTC