Tag: programming

Meta's stock fell over 3% on Tuesday, ending its 20-day winning streak. Despite recent struggles from Big Tech peers, Meta's AI investments and partnership with DeepSeek have boosted investor confidence.

Published on: February 18, 2025, 08:01 PM UTC

BlackRock pauses meetings with portfolio companies due to new SEC reporting rules on ESG matters.

Published on: February 18, 2025, 08:00 PM UTC

Mixed US Stock Market Performance as Investors Eye Fed and Trump Policies

Published on: February 18, 2025, 07:02 PM UTC

Stocks slid near all-time highs as investors weighed inflation concerns, risks from tariffs, and uncertainties in the geopolitical scenario. The S&P 500 and Nasdaq 100 edged lower, while the Dow Jones Industrial Average fell slightly. Tech stocks faced pressure, with Meta Platforms Inc. ending its 20-day rally and Bitcoin sinking. Investors remain cautious despite favorable fundamentals supporting global equities, with concerns over earnings outlook and a possible trade war lurking.

Published on: February 18, 2025, 07:01 PM UTC

Gold prices surge in 2025, reaching record highs and sparking gains for gold stocks like Barrick Gold and SPDR Gold Shares ETF. Goldman Sachs raises its gold price target to $3,100, citing central bank demand and potential upside risks from tariffs.

Published on: February 18, 2025, 06:03 PM UTC

An emergency fund is a crucial aspect of any financial plan that can help cover unexpected expenses, such as job loss or medical emergencies. Determine your monthly living expenses, which include housing, utilities, food, debt, insurance, and taxes. Multiply these expenses by three months to get your target emergency fund. Consider your income stream, flexibility in adjusting expenses, and other assets when customizing your emergency fund. Use cash investments like checking and savings accounts, CDs, or money market accounts for your emergency fund. Ensure easy access to your emergency fund by keeping it outside of retirement accounts.

Published on: February 18, 2025, 06:00 PM UTC

Expeditors International had a strong fourth quarter, with both revenue and profits beating analyst estimates. Revenue was up 30% to $2.95 billion, operating income up 51%, and net earnings up 49%.

Published on: February 18, 2025, 05:00 PM UTC

New York Governor Kathy Hochul is raising concerns about Mayor Eric Adams' administration, calling for meetings to discuss the possibility of removing him from office due to allegations of a quid pro quo with the Trump administration. The crisis intensified after four top deputies announced their resignations, and the Speaker of the City Council called for Adams to step down. Hochul is meeting with key leaders to discuss a path forward, as the allegations of misconduct at City Hall have raised questions about the mayor's ability to govern effectively.

Published on: February 18, 2025, 04:01 PM UTC

Company insolvencies in the UK have surged to a 16-year high, with nearly 500 businesses going bust every week. Bosses are choosing to close down solvent companies ahead of tax hikes and rising costs. The insolvency statistics suggest businesses are giving up before being overwhelmed by the rising costs in the spring.

Published on: February 18, 2025, 04:00 PM UTC

The future of low-cost airlines is uncertain as costs soar and passengers opt for more comfortable seats and spacious upgrades. The low-cost carrier model is eroding, and a recent acquisition proposal from Frontier was rejected by Spirit Airlines. Despite cost-cutting measures, low-cost carriers are struggling to compete with traditional airlines and the rising costs of labor, maintenance, and fuel.

Published on: February 18, 2025, 02:03 PM UTC