Posts with tag: politics
Oil Rises as Trump's Tariffs Risk Rippling Through Energy Sector
Published on: February 10, 2025, 06:00 AM UTC
President Donald Trump will announce 25% tariffs on all steel and aluminum imports into the U.S. on Monday, with reciprocal tariffs to take effect almost immediately.
Published on: February 09, 2025, 10:00 PM UTC
McDonald's (MCD) Q4 earnings preview: Revenue seen at $6.45 billion, EPS at $2.84. Same-store sales expected to decline 0.91% amid underperforming international markets and E. coli outbreak.
Published on: February 07, 2025, 08:01 PM UTC
Cloudflare (NET) stock jumps 19.51% on strong Q4 results, exceeding analyst estimates. Impressive revenue and operating profit growth, coupled with a rising enterprise customer base, drive the stock higher.
Published on: February 07, 2025, 08:00 PM UTC
Mortgage rates remain high, and consumers are losing hope that they will fall anytime soon. Fannie Mae's latest survey shows that only 35% of respondents expect rates to drop in the next 12 months, down from 42% in December. The share of consumers who think rates will rise jumped to 32%, from 25%.
Published on: February 07, 2025, 07:02 PM UTC
President Trump targets hedge fund tax break in meeting with Republican lawmakers on tax cuts. The move could face intense lobbying from the hedge fund industry and private equity firms.
Published on: February 07, 2025, 01:02 AM UTC
Victory Capital Holdings Inc. (VCTR) reported fourth-quarter earnings of $76.9 million, exceeding Wall Street expectations. Adjusted earnings came to $1.45 per share, revenue was $232.4 million, also beating forecasts. For the year, the company reported profit of $288.9 million, or $4.38 per share, on revenue of $893.5 million.
Published on: February 06, 2025, 10:05 PM UTC
Google and Meta eliminate diversity hiring targets as legal pressure intensifies, while Apple, Microsoft, and JPMorgan Chase maintain their efforts.
Published on: February 06, 2025, 10:02 PM UTC
Apple supplier Skyworks loses 23% as it loses iPhone chip business to Broadcom
Published on: February 06, 2025, 08:02 PM UTC
Federal Reserve President Austan Goolsbee says the U.S. economy has settled into full employment and inflation is looking better. As a result, the Fed will continue cutting interest rates, though uncertainty about the impact of tariffs and other policy changes argues for a slower approach.
Published on: February 06, 2025, 07:00 PM UTC