Tag: news

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Musk's Group Gets Access to Sensitive Treasury Data

DOGE, run by Elon Musk, has gained access to sensitive Treasury data, including Social Security and Medicare payment systems, sparking concerns about data misuse and politically motivated actions.

Money Market Account Interest Rates Today: Find the Best Rates and Banks

Compare the best money market account rates today to earn more on your savings. The national average rate is 0.64%, but top accounts offer over 4% APY.

India Cuts Taxes, Narrows Deficit to Boost Slowing Economy

India's finance minister announces tax cuts for low-income earners and raises infra spending in the budget to bolster the slowing economy amid global risks.

Trump's Experiments in Radicalism: Redefining Economic Success and Voter Expectations

Donald Trump's presidency is testing the limits of voter tolerance for radicalism and disorder. His policies aim to redefine economic success and may shape future political experiments. Despite criticism, Trump's actions may expose the flaws in conventional solutions and create opportunities for Democrats to engage with struggling Americans.

Apple Earnings Beat, iPhone China Sales Less of a Concern Than Expected

Apple beats earnings estimates, but iPhone sales in China decline. Analysts remain bullish, citing Tim Cook's explanation of the decline and the company's strong AI capabilities.

Trafigura Convicted in Landmark Swiss Bribery Case

Swiss court convicts commodities giant Trafigura in bribery case, imposing a $3.3 million fine and ordering the company to set aside $145 million for possible compensation claims.

Fed's Preferred Inflation Gauge Shows Prices Rose in December

Core inflation rose 0.2% in December, meeting expectations, while overall PCE increased 2.6% yearly. The Fed paused rate cuts after the reading, citing elevated inflation and uncertainty over tariffs.

Chili's Success: Inside the Revitalization of a Restaurant Chain

Brinker International (EAT) CEO Kevin Hochman has led the restaurant chain to outperform its competitors, with a 348% stock gain over the past year. Chili's, known for its ribs, fajitas, and burgers, has seen a surge in customer visits and sales growth. Hochman attributes the success to value marketing, higher quality food, and operational improvements. He plans to continue the turnaround with new menu items, store renovations, and technology upgrades.

Trafigura Convicted of Bribery in Swiss Court, Ex-COO Jailed

Trafigura and its ex-COO convicted of bribery in Swiss court, marking a historic moment in the fight against corruption in the commodities industry.

US Stock Futures Rise on Earnings, Inflation

US stock futures rise as Apple earnings impress, inflation gauge meets expectations. Investors await tariff deadline, inflation report.