Tag: retail

Posts with tag: retail

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Copper Trims Gain as US-China Trade Tensions Escalate

Copper pares gains as trade tensions escalate; China retaliates against US tariffs

Global Stocks Plunge as Trump Tariffs Ignite Trade War Fears

Asian stocks plummet and US equity futures point lower over fears of a global trade war sparked by US tariffs on Canada, Mexico, and China. US dollar surges against yuan, Canadian dollar, and Mexican peso, hitting record highs.

401(k) Portability Failure: A Problem for Employees and a Solution

Listen to Decoding Retirement, a podcast exploring the 401(k) system's challenges, including portability issues leading to lost accounts and workers cashing out. Expert Laurie Rowley suggests rolling over 401(k)s into IRAs or using a Portable Retirement Plan (PRP) for better portability and control.

Trump's Tariffs: Threatening Global Trade

Trump threatens 25% tariffs on Mexico, Canada; markets await Feb. 1 deadline

Trump Media Stock Jumps After Expansion Into Financial Services

Trump Media & Technology Group (DJT) stock soared on Wednesday after announcing its expansion into financial services, including cryptocurrency funds. The company plans to invest $250 million into the initiative, dubbed Truth.Fi.

Government-Tailored ChatGPT Launches as US Tech Industry Faces Competition

OpenAI debuts ChatGPT Gov, a customized version of its AI chatbot tailored for US government agencies, offering enhanced security and compliance for handling sensitive data.

AI-Exposed Power Stocks Sink on DeepSeek's Advance

AI-powered chatbots from DeepSeek threaten US power stocks, led by Constellation Energy (CEG), Vistra Corp (VST), and GE Vernova (GEV), as investors question AI spending and market dominance.

AT&T Jumps 7% On Q4 Beat; Guidance Comfortably Reiterated

AT&T stock soars 7.1% after reporting Q4 results that beat expectations. Revenue also narrowly outperformed estimates, fueled by better postpaid phone net adds and broadband net adds.

Boeing (BA) Plunges on $3.5B Q4 Cash Flow Loss, Job Cuts

Shares of Boeing (BA) are moving lower on disappointment, despite lower-than-feared revenue and operating cash flow loss in Q4, but GAAP loss per share was wider than expected at $5.46 vs. the $1.32 consensus.

Trump Signs Executive Action on Cryptocurrency, Creating Presidential Working Group and Prohibiting CBDCs

President Trump signed an executive action to coordinate crypto regulation and evaluate a national digital asset stockpile. The order prohibits central bank digital currencies and revokes a Biden-era study on crypto assets.