Tag: lifestyle

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Meta's Stock Falls, Ending 20-Day Win Streak

Meta's stock falls, ending a 20-session winning streak, due to concerns about its AI investments and the company's spending plans.

Trump's Economic Advisers Target 10-Year Treasury Yields to Lower Borrowing Costs

Want lower borrowing costs? The Trump administration is focusing on the 10-year Treasury yield, targeting a rate more influenced by Wall Street than the Federal Reserve.

Bumble Shares Tumble 16% as Revenue Miss Adds to Woes

Bumble shares nosedive 16% on lower-than-expected revenue forecast, prompting job cuts and executive changes. The dating app company faces challenges in maintaining user growth amid competition from Match Group.

US stock futures flat on Trump tariffs, Fed minutes await

US stock index futures were largely flat as investors digested Trump's tariff threats and awaited the minutes of the Federal Reserve's January meeting.

Norinchukin Bank CEO to Resign Over Foreign Bond Losses

Norinchukin Bank's CEO Kazuto Oku to Resign After Billion-Dollar Loss from Foreign Bond Bets

Tariff Impact on Canadian Oil and Diesel Prices Looms

Benchmark prices for diesel continue to rise, with the latest increase driven by anticipation of potential tariffs on Canadian oil imports. The impact of these tariffs would be most significant in the Upper Midwest (PADD2), where a significant portion of crude imports come from Canada. However, market dynamics and the lack of infrastructure to redirect oil supplies may limit the price impact in other regions. Meanwhile, the ongoing production cuts by the OPEC+ group contribute to the overall upward trend in oil prices.

Billionaire Ackman's Pershing Square to Buy 48% of Howard Hughes Holdings

Billionaire investor Bill Ackman's Pershing Square has revised its bid to purchase $900 million of Howard Hughes Holdings (HHH) shares, giving it 48% ownership and plans to turn the real estate developer into a modern-day Berkshire Hathaway.

KFC Uprooted From Kentucky, Corporate Office Moves to Texas

Kentucky Fried Chicken is moving its headquarters from Louisville to Plano, Texas, and Irvine, California, as part of a broader plan to designate two brand headquarters in the U.S.

Pershing Square submits revised bid for Howard Hughes Holdings

Billionaire investor Bill Ackman's Pershing Square has submitted a revised bid to purchase Howard Hughes Holdings (HHH) shares and become chairman and CEO.

Potential Deals to Split Intel Into Two

Intel (INTC) shares surge on reports of potential deals with Broadcom (AVGO) and TSMC (TSM) to break up the company.