Posts with tag: social media
Conservative activist Robby Starbuck targets JPMorgan Chase for its DEI initiatives, calling them "embarrassing" and accusing the bank of using illegal quotas. JPMorgan CEO Jamie Dimon is defiant, saying he will "scour" the bank's DEI programs to ensure compliance with evolving laws. The move comes as companies across various industries face increasing pressure to abandon DEI policies.
Published on: February 09, 2025, 04:00 PM UTC
Gold is rallying, and ING expects the precious metal to reach $3,000 an ounce this quarter. Investors are seeking safe havens amid trade and geopolitical uncertainty, and central-bank buying will further boost gold's price.
Published on: February 08, 2025, 12:00 AM UTC
Nippon Steel has not withdrawn its $14.9 billion bid to buy U.S. Steel, despite President Trump's claim that the Japanese steelmaker would only "invest" in the company.
Published on: February 07, 2025, 10:00 PM UTC
Higher Mortgage Rates Sink in: Consumers Less Optimistic About Rate Drops, More Concerned About Rising Rents
Published on: February 07, 2025, 09:03 PM UTC
Oil prices fall for a third week as US-China trade war concerns weigh on markets
Published on: February 07, 2025, 09:01 PM UTC
Oil prices fell for a third straight week as concerns over US-China trade tensions and weak demand in Asia overshadowed the impact of US sanctions on Iran.
Published on: February 07, 2025, 09:00 PM UTC
Meta, Microsoft, Amazon, and Google to invest heavily in AI over next several years
Published on: February 07, 2025, 08:01 PM UTC
Chicago Fed President Austan Goolsbee says interest rates will likely move lower over the next 12-18 months despite the Fed potentially being on hold. He believes the economy is on track to achieve the Fed's 2% inflation target and that the labor market is stabilizing at full employment.
Published on: February 07, 2025, 07:01 PM UTC
Amazon stock (AMZN) dropped 3% premarket after mixed Q1 guidance and massive spending on AI infrastructure announced. Despite the miss and heavy capex, analysts remain bullish on Amazon's long-term growth prospects, citing AWS reacceleration and continued retail growth.
Published on: February 07, 2025, 03:02 PM UTC
Fed rate cuts still seen coming as unemployment drops
Published on: February 07, 2025, 02:00 PM UTC