Posts with tag: skills
Mass layoffs of 7,000 IRS probationary workers amidst plans to target high-wealth tax evaders and improve revenue collection, raising concerns for tax season and overall enforcement efforts.
Published on: February 21, 2025, 12:00 AM UTC
FTC Chair Andrew Ferguson upholds Biden-era merger guidelines, signaling continued antitrust scrutiny for US companies.
Published on: February 19, 2025, 05:02 PM UTC
New SEC policies give corporate boards more power over investors, potentially limiting investor-initiated reforms on ESG, director contests, and other issues.
Published on: February 18, 2025, 08:03 PM UTC
MasterCraft (MCFT) reported Q4 CY2024 revenue of $63.37 million, beating estimates but falling 36.3% year-over-year. EPS of $0.10 significantly surpassed expectations, while guidance for next quarter fell short. Revenue guidance for the full year of $285 million was reconfirmed.
Published on: February 06, 2025, 02:06 PM UTC
President Trump plans to impose trade penalties against Canada, Mexico, and China, risking higher inflation and disruptions to the global economy. Trump believes tariffs will help the US reshape the world, but financial markets have reacted negatively and economists warn of higher prices. Canada, Mexico, and China are considering retaliatory measures, and Democrats are sponsoring legislation to limit Trump's tariff authority.
Published on: February 01, 2025, 03:00 PM UTC
The Nasdaq plunged on Monday as a Chinese startup shook faith in US leadership and profitability in AI, hammering Nvidia (NVDA) and wiping out a record $589 billion in market value. The Nasdaq Composite (^IXIC) sank more than 3%, while the S&P 500 (^GSPC) dropped nearly 1.5%. The blue-chip Dow Jones Industrial Average (^DJI), less dependent on tech stocks, gained more than 0.6% as investors sought shelter in defensive sectors.
Published on: January 28, 2025, 10:02 AM UTC
Hedge funds have turned optimistic about European companies that sell non-essential goods, particularly luxury items, according to a Goldman Sachs note.
Published on: January 23, 2025, 02:04 PM UTC
Oil dips as Trump threatens China tariffs, stoking trade war fears
Published on: January 22, 2025, 01:01 AM UTC
Oil prices fell on Tuesday after President Trump signed orders to increase US production and hinted at tariffs on Canada and Mexico, raising concerns about a trade war.
Published on: January 21, 2025, 05:00 PM UTC
Japan's yen rises against the dollar as traders bet on a potential interest rate hike from the Bank of Japan, despite Trump's tariff announcement.
Published on: January 21, 2025, 05:00 AM UTC