Posts with tag: science
The NAHB/Wells Fargo Housing Market Index fell five points to 42 in February, indicating builders are less optimistic about the market amid rising costs and interest rates.
Published on: February 18, 2025, 07:03 PM UTC
Thinking Machines Lab, a new AI startup founded by ex-OpenAI CTO, Mira Murati, has hired 30+ leading researchers and engineers from companies like OpenAI, Meta, and Mistral. The main focus is to develop collaborative AI systems and products.
Published on: February 18, 2025, 07:00 PM UTC
U.S. homebuilder sentiment plunged five points to 42, the lowest reading since September, amid worries that tariffs on imports would combine with higher mortgage rates to further drive up housing costs.
Published on: February 18, 2025, 04:03 PM UTC
Intel shares jump on report of Broadcom, TSMC acquisition interest
Published on: February 18, 2025, 02:04 PM UTC
Digging out of debt used to be a new year tradition, but that trend may be disappearing as borrowers struggle with pricey car loans and ballooning card debt year-round. Household debt climbed to a new high of $18.04 trillion, with credit card balances increasing by almost 4% to a record $1.21 trillion. Serious delinquency rates for auto loans and credit cards are at 14-year highs, and credit counselors are seeing individuals paying up to 21%-22% of their income toward car payments. With credit card rates averaging north of 20%, the strain could get worse, and economists warn that tariffs could lead to higher consumer prices.
Published on: February 18, 2025, 02:03 PM UTC
Medtronic beats quarterly profit estimates on strong device demand, but keeps annual forecast unchanged
Published on: February 18, 2025, 01:05 PM UTC
Hillman's (HLMN) Q4 revenue missed estimates, landing at $349.6 million. Adjusted EPS of $0.10 aligned with expectations. The company predicts full-year revenue of $1.54 billion, in line with analysts' forecasts. Check our full report for insights on Hillman's valuation and more.
Published on: February 18, 2025, 01:00 PM UTC
Listen to Yahoo Finance's Stocks in Translation podcast to hear experts discuss the potential impact of President Trump's second term on various sectors, including tech, energy, and insurance.
Published on: February 18, 2025, 08:01 AM UTC
Greece's Skaramangas Shipyard rebounds from crisis, sees increased business in ship repairs.
Published on: February 18, 2025, 08:01 AM UTC
Asian stocks rally after China's Xi Jinping raises optimism for private sector support, with Hong Kong gauges outperforming.
Published on: February 18, 2025, 06:00 AM UTC