Posts with tag: social media
Fed Chair Jerome Powell holds presser as central bank keeps rates steady despite inflation concerns.
Published on: January 29, 2025, 11:03 PM UTC
Canadian Pacific (CP) reports Q4 earnings of 92 cents per share, beating Wall Street expectations. The company posted revenue of $2.77 billion, also surpassing Street forecasts. For the year, CP reported profit of $2.71 billion and revenue of $10.62 billion.
Published on: January 29, 2025, 10:08 PM UTC
U.S. stocks slipped after the Federal Reserve held its key rate steady on Wednesday, breaking a run of cuts that began in September. The S&P 500 fell 0.5%, the Dow Jones Industrial Average dipped 0.3%, and the Nasdaq composite slipped 0.5%.
Published on: January 29, 2025, 10:07 PM UTC
Ethan Allen Interiors Inc. (ETD) reports $15 million net income for its fiscal second quarter, with a 59 cents per share income and $157.3 million in revenue.
Published on: January 29, 2025, 10:06 PM UTC
Bond trader profits from successful Treasury yield options bet following Fed decision
Published on: January 29, 2025, 10:04 PM UTC
The Federal Reserve held interest rates steady, signaling a pause in its efforts to lower borrowing costs as inflation remains stubborn and the labor market stays resilient.
Published on: January 29, 2025, 08:04 PM UTC
Fed holds rates after Powell warns signs of persistent inflation are rising
Published on: January 29, 2025, 08:01 PM UTC
Nvidia Stock Rebounds After Retail Investors Buy the Dip Following DeepSeek AI Model Concerns
Published on: January 29, 2025, 07:02 PM UTC
Norfolk Southern (NSC) Reports Q4 Earnings Beat, Misses on Revenue
Published on: January 29, 2025, 02:06 PM UTC
The White House ordered a freeze on federal spending but later clarified it only applies to programs affected by executive orders. Medicaid, SNAP, and student loans are unaffected. Despite this, some states report being unable to access federal Medicaid reimbursements, and grants programs may also be impacted. A federal judge has blocked the spending freeze, but the situation highlights a potential legal showdown over the Impoundment Control Act.
Published on: January 29, 2025, 02:02 PM UTC