Tag: nature

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Warren: Only Congress Can Shutter Consumer Financial Protection Bureau

Consumer advocate Sen. Elizabeth Warren says the Consumer Financial Protection Bureau can't be eliminated by President Trump, potentially setting up a legal clash after the administration froze the agency's operations.

Curtiss-Wright: Q4 Earnings Surprise, Stock Soars

Curtiss-Wright (NYSE:CW) reported a strong Q4 with revenue exceeding estimates and full-year guidance above consensus. The company's EPS beat analyst expectations, and its guidance implies solid growth in 2025. Learn more in our full research report and analyze factors such as sales growth, profitability, and EPS performance to determine if CW is a buy now.

Upwork Soars on Better-than-Expected Q4 Sales

Upwork (UPWK) reported better-than-expected Q4 sales, with revenue growth of 4.1% year-over-year. The company's non-GAAP profit per share of $1.03 also significantly exceeded analysts' estimates. However, Upwork's guidance for the upcoming quarter implies a 2.9% revenue decline.

Intel Stock Jumps After VP Vance's Comments on Domestic AI Chip Production

Intel stock rose 3% after VP Vance's bullish comments on domestic chip manufacturing, as the company aims to boost AI chip production in the US amidst competition from TSMC and Samsung.

Intel Bets on Domestic AI Chip Production Amidst Challenges

Intel stock jumped after Vice President Vance signaled the Trump administration's support for domestic AI chip manufacturing, but the company faces challenges to regain its dominance.

January Inflation Data Fuels Concerns, Complicates Fed's Trajectory

New inflation data shows consumer prices rose more than forecast in January, reversing last month's easing. Core prices climbed 0.4% over the prior month, the largest monthly rise since April 2023. Inflation has remained above the Federal Reserve's 2% target, complicating its path forward for interest rates.

January Inflation Data Exceeds Expectations, Complicating Fed's Path Forward

Inflation data released Wednesday showed consumer prices rose more than expected in January, with core prices reversing last month's easing. The Federal Reserve's path forward remains in focus. CPI increased 3% year-over-year, up from 2.9% in December, driven by factors like higher fuel and food costs. Core inflation, excluding volatile food and gas, rose 0.4% month-over-month and 3.3% year-over-year. Used-car prices contributed to the increase in core goods. Economists debate the impact of the data on the Fed's interest rate decisions, with some expecting a more cautious approach.

Knight-Swift, A. Duie Pyle and TForce Buy Yellow Terminals

Knight-Swift, A. Duie Pyle and TForce Acquire Seven Yellow Corp. Terminals for $15.1 Million

Warburg Pincus to Buy Beverage Software Firm Vermont Information for $1 Billion

Warburg Pincus to Acquire Vermont Information Processing, a Beverage Distribution Software Provider, for $1 Billion

Egg, Juice, Coffee Inflation Takes Bite Out of Shoppers' Wallets

Inflation is hitting shoppers' wallets, with key staples like eggs, orange juice, and coffee seeing significant price increases. Avian influenza has reduced egg production, while hurricanes and citrus greening have affected orange juice. Coffee prices are also on the rise due to weather events and supply chain issues.