Tag: nature

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US Stocks Rise as Investors Weigh Trump's Latest Tariff Moves and Fed Minutes

US stocks rose on Wednesday as investors weighed President Trump's latest 25% tariff threat and digested the Federal Reserve minutes for insights into future policy. The S&P 500 (^GSPC) gained 0.2%, hitting a fresh record high of 6,144.15. The Nasdaq Composite (^IXIC) and the Dow Jones Industrial Average (^DJI) both rose 0.1%.

Musk's Efficiency Commission Scrutinized: 'Savings' and Spending Cuts under the Microscope

The DOGE commission, led by Elon Musk, claims to have saved billions in taxpayer dollars by canceling contracts, but Yahoo Finance's analysis of records casts doubt on the accuracy of these claims. The full list of agencies targeted by the commission is provided, along with concerns about the impact of job cuts on the federal workforce and the economy.

Carvana Earnings Preview: Can Stock Rebound to All-Time Highs?

Carvana (CVNA) Q4 earnings preview: Company looks to extend rally to new highs

Liberal Front-Runner Mark Carney Vows to Limit Government Spending

Former Bank of Canada and Bank of England Governor Mark Carney, a front-runner in the race to replace Justin Trudeau as Liberal Party leader and Canada’s prime minister, has promised to cap the size of the Canadian public service and undertake a program spending review if he becomes prime minister.

J.B. Hunt Approaches Intermodal Bid Season with a Three-Pronged Strategy

J.B. Hunt Transport Services discusses its three-pronged approach to the current intermodal bid season, focusing on rates, volumes, and freight mix to improve efficiency and minimize costs.

Trump Goes Mum on Stocks

Trump's stock market tweets have disappeared; deficit, tariffs now dominate his social media

Intel Stock Down 6% on Analyst Doubts About Breakup Reports

Intel (INTC) stock plunged 6% after analysts expressed skepticism about potential deals with TSMC and Broadcom. The decline reversed a massive upswing fueled by reports of Intel exploring options to enhance its semiconductor business.

Biden-Era Merger Standards to Stay Under New FTC Chair

New FTC Chair Ferguson upholds Biden-era merger review standards, signaling stricter antitrust enforcement under Trump administration.

Citigroup CEO Jane Fraser Earns Biggest Pay Increase Among Wall Street Bank Bosses

Citigroup CEO Jane Fraser received the biggest pay raise among the top Wall Street banks in 2024, with her total compensation rising to $34.5 million. Goldman Sachs CEO David Solomon had the second-highest increase, with his pay rising to $39 million. JPMorgan Chase CEO Jamie Dimon and Bank of America CEO Brian Moynihan also received $39 million and $35 million, respectively. The lowest payout went to Wells Fargo CEO Charles Scharf, who received $31.2 million.

Currency impact of Ukraine-Russia deal seen 'net positive', but much already priced in: JPMorgan

A peace deal between Ukraine and Russia would benefit the currencies of nearby emerging economies, but much of this boost may already be factored in. JPMorgan maintains a neutral stance on Ukraine's government bonds until details of a peace deal are clearer.