Posts with tag: programming
Despite voters' concerns about inflation and affordability, President Trump has focused on import tariffs, undocumented migrant deportation, and foreign aid reduction. Instead, economists suggest directly addressing food inflation, housing affordability, and the insurance crisis.
Published on: February 06, 2025, 07:02 AM UTC
US stock futures rise as Alphabet dips, Nvidia climbs; Dow futures up 0.2%
Published on: February 06, 2025, 07:01 AM UTC
The Bank of England is widely expected to cut interest rates again later today, despite inflation still being above its target. Economists say that the bank's Monetary Policy Committee is likely to lower the base rate by a quarter point — which dictates the cost of borrowing for individuals and businesses — to its lowest level since mid-2023. They believe that even though inflation is currently at 2.5% and expected to rise, it will trend lower towards the bank's target of 2% over the next couple of years. This will give the bank room to cut rates, even though inflation is still above target. The rate cut is also seen as a move to stimulate economic growth, which has stagnated in the U.K.
Published on: February 06, 2025, 07:01 AM UTC
DeepSeek, a new AI upstart from China, is making waves on Wall Street. Business leaders are fielding analyst questions about DeepSeek's impact on their businesses, highlighting the potential for disruption in the tech industry. Executives from ARM, AMD, Google, Palantir, Apple, Meta, Microsoft, IBM, AT&T, Corning, and Flex share their perspectives on DeepSeek's innovations and the evolving AI landscape.
Published on: February 06, 2025, 06:00 AM UTC
India's new central bank governor, Sanjay Malhotra, is expected to cut interest rates in his first policy meeting, shifting the focus to boosting economic growth amid escalating global risks.
Published on: February 06, 2025, 05:00 AM UTC
Ford (F) beat Q4 earnings and revenue expectations, but issued muted guidance for 2025 due to market headwinds. The company reported a 4% decline in after-hours trading. Ford expects significant progress in its transformation plan in 2025. The Model e segment posted a full-year EBIT loss of $5.1 billion. Ford CEO Jim Farley called for a comprehensive tariff policy to level the playing field for automakers.
Published on: February 06, 2025, 04:00 AM UTC
U.S. stock futures remain stable amid concerns over tech spending, Trump's tariffs, and the Fed's interest rate decision.
Published on: February 06, 2025, 03:01 AM UTC
Mexico's Senate approves Jose Gabriel Cuadra Garcia to the central bank's board, replacing Irene Espinosa. Cuadra, a former Banxico economist, is seen as dovish on interest rates, contrasting with Espinosa's hawkish views. Most economists expect Banxico to cut rates by half a percentage point on Thursday due to cooling inflation and economic slowdown.
Published on: February 06, 2025, 03:00 AM UTC
Filing taxes in the US can be a complex and time-consuming process, unlike in many other countries where the process is streamlined and often automated. This article explores the reasons behind the US tax system's complexity, including the various credits and deductions available and the influence of special interest groups. It also discusses recent efforts to simplify the tax code and the challenges involved.
Published on: February 06, 2025, 02:01 AM UTC
MicroStrategy Rebrands to Strategy, Underscoring Commitment to Bitcoin Treasury
Published on: February 06, 2025, 01:03 AM UTC