Tag: lifestyle

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EU should seek free trade guarantee on US LNG: TotalEnergies CEO

TotalEnergies CEO Patrick Pouyanne urges European countries to secure free trade on US LNG amid US-China tariffs.

Pfizer CEO on RFK's Health Nomination: 'He's Not as Radical as You Think'

Pfizer CEO Albert Bourla says he's not worried about Robert F. Kennedy Jr.'s nomination for HHS secretary, despite Kennedy's past opposition to vaccines. Bourla says that Kennedy's views are not as radical as publicly perceived, and that he supports the childhood vaccine schedule.

Trump's Tariffs Kill De Minimis Exemption, Ending Cheap Chinese Fashion Spree

Cheap fashion fans face higher prices as Trump closes loophole that allowed Chinese retailers to ship goods duty-free. The move targets discount retailers like Shein and Temu, which have grown rapidly in recent years thanks to the exemption.

Jobless Rate Climbs to Four-Year High in New Zealand

New Zealand's unemployment rate reaches four-year high of 5.1% in Q4 2023, driven by a sharp recession, but modest recovery is expected with interest rate cuts and slowing wage inflation.

American Assets Trust Reports Q4 FFO of 55 Cents Per Share

American Assets Trust (AAT) reported Q4 FFO of $0.55/share, beating estimates. Revenue was $113.5 million, while full-year FFO was $2.58/share and revenue was $457.9 million. AAT expects full-year 2023 FFO in the range of $1.87 to $2.01 per share.

Intapp Q2 Earnings Beat, Revenue Matches Estimates

Intapp Inc. (INTA) reported a loss of $10.2 million in its fiscal second quarter, exceeding Wall Street expectations. Earnings, adjusted for stock option expense and amortization costs, were 21 cents per share. Revenue was $121.2 million, matching Street forecasts. Intapp expects its per-share earnings to range from 21 cents to 23 cents for the current quarter and full-year earnings in the range of 83 cents to 87 cents per share.

Enova International Inc. (ENVA) Q4 Earnings Beat Estimates

Enova International (ENVA) reported Q4 EPS of $2.30, $0.28 above the Zacks Consensus Estimate. Revenue came in at $729.6 million, versus the consensus of $714 million.

US Stocks Move Higher on Tuesday, Led by Big Tech

US stocks closed higher on Tuesday, led by Big Tech, as investors assessed China's swift retaliation to the US's increased tariffs and the potential consequences of a trade conflict. Traders also digested new employment information, which revealed a larger-than-anticipated decrease in job vacancies in December. Investors continue to watch for signs of a downturn in the labor market as the Federal Reserve deliberates potential interest rate reductions in light of persistent inflation. The Dow Jones Industrial Average (^DJI) climbed roughly 0.3%, while the S&P 500 (^GSPC) gained roughly 0.7%. Following losses on Monday, the Nasdaq Composite (^IXIC), which is heavily weighted toward technology, gained nearly 1.4%.

Trump Signs Directive Aimed at Increasing Pressure on Iran

Trump strengthens economic pressure on Iran, aiming to cut off oil exports and limit nuclear weapon development.

Spotify Posts First Annual Profit, Tops User and Subscriber Forecasts

Spotify reports record subscriber growth and profit, driven by expansion beyond music streaming into audiobooks, podcasts, and video, despite price increases and job cuts.