Tag: social media marketing

The US economy's growth in the fourth quarter was slower than expected at 2.3% annualized pace. Consumer and government spending increased, while investment declined. The core PCE index rose by 2.5%. The Fed remains cautious about adjusting interest rates despite the strong economy and elevated inflation.

Published on: January 30, 2025, 07:03 PM UTC

Mortgage rates have remained stable despite recent stock market volatility, with the 30-year rate staying at 6.95%. Despite lower rates for 15-year mortgages, affordability challenges persist for homebuyers, leading to a decrease in housing contract activity.

Published on: January 30, 2025, 07:01 PM UTC

IBM shares surged after reporting strong Q4 earnings, boosted by its AI business. Technical analysis suggests a breakout above the ascending triangle, with potential upside targets of $278 and $305. Investors should monitor support at $238 for buying opportunities.

Published on: January 30, 2025, 07:00 PM UTC

Starbucks faces a pricing challenge, with competitors offering lower prices for similar coffee drinks. Data from JPMorgan suggests the company needs to lower prices to improve consumer perception and boost sales. Despite recent efforts to enhance the customer experience, Starbucks' same-store sales declined globally in the most recent quarter, and the company has not provided guidance for the current fiscal year. Analysts believe Starbucks' pricing decisions, including reducing promotions and offering non-dairy milk at the same price as dairy milk, could help improve value perception and margins.

Published on: January 30, 2025, 06:03 PM UTC

Comcast's stock dropped after reporting a loss in broadband and TV customers, despite announcing strategic changes and the spin-off of its cable properties to combat cord-cutting and mobile competition.

Published on: January 30, 2025, 05:00 PM UTC

US stock markets struggled for direction on Thursday as investors digested earnings from tech giants and awaited Apple's results for guidance on the sector's prospects.

Published on: January 30, 2025, 04:02 PM UTC

Housing contract activity dropped 5.5% in December as higher mortgage rates slow down demand. The Pending Home Sales Index fell to 74.2, snapping a four-month streak of gains. The West and Northeast saw the biggest declines in activity.

Published on: January 30, 2025, 04:01 PM UTC

Walmart Canada invests $4.51 billion to build new stores, expand supply chain, open 5 new supercenters, modernize distribution centers, and sell its fleet business to Canada Cartage.

Published on: January 30, 2025, 04:00 PM UTC

The US economy expanded at a solid 2.3% in the fourth quarter of 2024, driven by strong consumer spending and a surge in demand from consumers. However, the economy faces challenges such as a decline in nonresidential fixed investment and the threat of tariffs.

Published on: January 30, 2025, 03:04 PM UTC

American Airlines CEO expresses condolences after deadly plane crash

Published on: January 30, 2025, 03:02 PM UTC