Tag: photography

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Trump's Tariffs: A Chronicle of Threats and Ramifications

President Donald Trump's proposed tariffs, including a 60% tariff on Chinese imports, have businesses and international trade partners guessing about the future of trade policy.

Oil Holds Steady as Traders Weigh Tariff Risk, Fed Outlook

Oil prices are steady as investors weigh the potential impact of tariffs. Canada and Mexico may avoid tariffs if they address illegal migration and fentanyl, according to Trump's commerce secretary pick. US economic growth was softer than expected in Q4, supporting expectations of Fed rate cuts. Canada is the largest oil exporter to the US, followed by Mexico.

Starbucks' Pricing Problem Persists Amid Turnaround Efforts

Starbucks CEO Brian Niccol faces challenges in improving consumer perception of high coffee prices. Data shows competitors offer lower prices in key markets like New York City and Kansas City. Despite recent initiatives, Starbucks' same-store sales have declined, leading to a withdrawal of guidance for the current fiscal year. Analysts suggest re-evaluating pricing architecture and exploring additional customization options to enhance value perception.

Parker-Hannifin Stock Jumps 6.2% on Strong Q4 Results

Parker-Hannifin (PH) stock jumped 6.2% after reporting strong Q4 results, beating EPS estimates despite revenue miss. Demand indicators improved, especially in Aerospace, and overall order rate increased. Read more to know why PH stock is up.

Housing Contracts Cool as Mortgage Rates Bite

Pending home sales index dropped 5.5% in December due to higher mortgage rates, marking a slowdown in housing contract activity.

US Economy, Inflation, and the Fed: What to Watch in the Coming Weeks

US GDP Boosts Fed's Wait-and-See Approach as Inflation Concerns Linger

American Airlines Plane Crash: CEO Expresses Condolences, 28 Bodies Recovered

American Airlines CEO expresses condolences for tragic flight collision near Reagan Washington National Airport, resulting in 28 confirmed fatalities; cause of the accident is under investigation.

US Stocks Mixed as Investors Digest Tech Earnings

US stocks struggled for direction on Thursday as investors digested earnings from megacap tech companies and awaited Apple's results for more clarity on the prospects for Big Tech.

December Housing Contract Activity Slows as Mortgage Rates Weigh on Buyers

Housing contract signings fell 5.5% in December, ending four months of gains, as higher mortgage rates cool demand.

ECB cuts rates, signals more easing as economy stalls

The European Central Bank lowers borrowing costs for a fifth time since June amid concerns over the eurozone economy and with inflation on track.