Tag: motivation

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Consumer Sentiment Dives as Inflation Fears Soar

Americans are increasingly concerned about inflation, with sentiment hitting a 7-month low as inflation expectations surge to 4.3%. The University of Michigan's consumer sentiment survey signals concerns about stagflation, but the Fed emphasizes longer-term market-based measures of inflation, which remain anchored near target.

Inflation Worries Drive Consumer Sentiment to Seven-Month Low

Americans are growing increasingly anxious about inflation, with the latest University of Michigan consumer sentiment survey showing a sharp decline in headline sentiment and a jump in one-year inflation expectations to 4.3%.

ITT beats earnings, revenue expectations

ITT Corp. reports fourth-quarter earnings of $127 million, surpassing Wall Street expectations. Earnings per share came in at $1.55, with adjusted earnings at $1.50 per share. Revenue was $929 million, also topping forecasts.

Presidential Spending Authority: The Impoundment Debate

Several high-profile confrontations in the first weeks of the Trump administration center around questions of presidential spending authority, potentially setting the stage for a bigger battle to come. At issue is whether a president has the authority to treat spending laws passed by Congress as proposals rather than directives.

Asian Stocks Advance as Global Equities Stabilize

Asian equities rose, buoyed by gains on Wall Street. The yen strengthened amid caution ahead of key events including US jobs data and the UK rate decision. Nomura shares surged on strong earnings.

US Stock Futures Steady as Tech Worries, Tariffs Linger

US stock futures stay steady amid jitters about Big Tech's AI spending and President Trump's economic policies. Alphabet falls on cloud revenue dip, while Nvidia gains on AI spending plans. Ford and Chipotle hit by tariffs, while Fed maintains wait-and-see approach. Gold prices surge to new highs amid trade war uncertainty.

Paycor Q4 Earnings Beat: Revenue, Profit Top Estimates

Paycor's (PYCR) Q4 revenue and earnings beat estimates, showing strong demand for its HR and payroll software. Despite solid growth, analysts expect revenue growth to slow, and coverage is being discontinued due to a pending acquisition.

Google Scraps Diversity Hiring Goal, Meta, Amazon Scale Back Programs

Google and other tech giants are cutting diversity programs amid backlash

Azenta Reports Q1 Loss of $13.3 Million

Azenta, Inc. reports a first-quarter loss of $13.3 million, or 29 cents per share. Adjusted earnings were 8 cents per share. Revenue reached $147.5 million.

Europe Data Center Capacity Expansion May Trail Demand, Threatening AI Ambitions

Europe's data centre capacity to grow 22% in 2023, but still lags behind US and China, risking AI dependency.