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Massive HUD Cuts: 50% of Employees to Lose Jobs as Trump Slashes Federal Workforce

Hundreds of thousands of federal government workers are being laid off and 50% of HUD staff are expected to lose their jobs. Other departments, including those responsible for housing and employment discrimination probes, market data, affordable housing and disaster assistance, will lose 75% of their workforce.

Safran ups profit, cash forecasts on air traffic boost

French engine maker Safran forecasts higher profits in 2025 after 30% jump in 2024 income, driven by rising air traffic. The company predicts a 15-20% increase in deliveries of its best-selling LEAP engine and a strong performance in its Equipment and Defense division.

Egg Prices Soar to Record Highs, But Grocers Are Doing Everything They Can to Keep Them Affordable

Egg prices hit a record high and are expected to go higher. Grocers are using loyalty programs, promotions, and limiting purchases to offset the cost, but they may soon have to pass on the increased costs to consumers.

Reddit Earnings Preview: Ad Revenue and AI Partnerships Drive Growth

Reddit (RDDT) Q4 Earnings: Analysts Expect Growth Driven by Ad Revenue and AI Partnerships

Interpublic Group Q4 earnings miss expectations

Interpublic Group of Cos. reported fourth-quarter net income of $344.5 million, missing Wall Street expectations. Adjusted EPS was $1.11, also below estimates. Revenue was $2.86 billion, with adjusted revenue of $2.43 billion, both falling short of forecasts.

January CPI: Headline Inflation Expected to Match December's 2.9%

January's Consumer Price Index (CPI) report, due out Wednesday, is expected to show a slight deceleration in inflation. However, core inflation, which excludes volatile food and energy prices, is expected to remain elevated. Economists expect the Fed to keep interest rates unchanged for now, but the impact of President Trump's trade policies on inflation remains a wild card.

Stocks Dip Ahead of Trump Tariff Decision, Powell Testimony

US stock futures slip as investors eye Trump tariff policy, Powell's testimony on inflation, and January's CPI data.

Donald Trump's Actions to Fund Tax Cuts: Slashing Spending and Raising Revenue

Donald Trump's initial actions as president reveal a comprehensive approach to financing tax cuts, proposing both ambitious spending reductions and potential revenue increases.

US Stock Futures Ease on Tariff News: Tech Slumps, Coffee Surges

US stock futures edge lower as investors consider tariffs, tech AI spending concerns, and commodity price action. Gold rises amid market uncertainty.

NZ to ease investor visa rules to spur economic growth

New Zealand to relax visa rules to attract foreign investors and boost economic growth.