Tag: tech

Netflix and Amazon are doubling down on live events and sports to prevent customer churn and maintain growth. Live sports attract large viewership and have built-in fan bases, making them less likely to be canceled. Experts predict the trend of streaming sports will continue to grow, with 90 million US viewers expected to stream a sports event monthly by 2025.

Published on: February 18, 2025, 02:02 PM UTC

President Trump's promise to curb inflation becomes more difficult after the hotter-than-expected Consumer Price Index (CPI) for January. The report pressured stocks and raised bond yields, as investors perceived a lower probability of interest rate cuts. Economist Nouriel Roubini warns that even keeping interest rates on hold could lead to conflict between Trump and the Federal Reserve. Despite Trump's repeated calls for lower rates, Federal Reserve Chair Jerome Powell has signaled a cautious approach to rate cuts. Experts express concern that Trump's proposed policies, including tariffs, could exacerbate inflationary pressures and harm economic growth.

Published on: February 18, 2025, 01:03 PM UTC

President Trump's hopes for inflation relief hit a snag with a hotter-than-expected CPI report, putting pressure on stocks and challenging the Fed's rate-cut plans. Experts warn of potential conflicts with the Fed and the risk of a market correction if "bad policies" are pursued.

Published on: February 18, 2025, 11:03 AM UTC

After years of heavy political spending, the crypto industry is pushing for legislation and regulations, emboldened by wins like the repeal of an accounting rule and an executive order on studying crypto regulations.

Published on: February 17, 2025, 02:05 PM UTC

The rise of the US dollar impacts corporate earnings: Tech giants like Apple and Alphabet warn of adverse effects due to slower revenue and earnings growth from unfavorable foreign exchange conversions.

Published on: February 17, 2025, 01:02 PM UTC

US stocks closed mixed on Friday, with the Nasdaq 100 (^NDX) notching a record high to cap a busy week of tariff hikes, inflation updates, and retail sales data that fell short of expectations. The S&P 500 (^GSPC) dipped slightly while the Nasdaq Composite (^IXIC) rose 0.4% to close out its best week of 2025. Both indexes gained for a third consecutive week. Meanwhile, the Dow Jones Industrial Average (^DJI) fell 0.3%, following Thursday's sharp gains.

Published on: February 14, 2025, 10:02 PM UTC

Target co-founders' daughters denounce the company's rollback of DEI initiatives, urging businesses to stand up for ethical values.

Published on: February 14, 2025, 09:01 PM UTC

Read our blog to learn about the best ways to find your lost pet. We cover various methods, including using social media, contacting local shelters, and searching your neighborhood.

Published on: February 14, 2025, 09:00 PM UTC

Tesla's stock rebounds after falling over 30% YTD; analysts remain bullish despite production challenges in China and declining used car prices.

Published on: February 14, 2025, 08:03 PM UTC

Tesla stock rallies above 100-day moving average after hitting a 30% year-to-date decline; analysts remain bullish on the stock's long-term prospects despite recent headwinds.

Published on: February 14, 2025, 05:01 PM UTC