Tag: technology

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Mexico's Central Bank Flags Bigger Rate Cuts Amid Easing Inflation

Mexico's central bank could make larger cuts to the benchmark interest rate at the year's first monetary policy meetings due to slowing inflation.

Moody's Upgrades Argentina's Credit Rating

Moody's has upgraded Argentina's credit rating to Caa3 due to the government's efforts to stabilize its finances and improve the country's credit fundamentals. Moody's cited President Javier Milei's effective policy adjustments and the country's recovering economy as drivers of the upgrade. However, Moody's cautioned that risks remain in the government's plans to overhaul the economy.

Northrim BanCorp Reports Q4 Net Income of $10.9 Million

Northrim BanCorp Inc. (NRIM) reported net income of $10.9 million in its fourth quarter, surpassing Street forecasts. Revenue was $54.8 million.

Meta AI Race: $60 Billion Bet on Data Center and Llama 4 Model

Meta unveils ambitious AI plans, including massive data center and investment surge

How Military Families Can Navigate the Transition to Civilian Life

Listen to Warrior Money to learn how to support veterans and their families during the transition process from active duty to civilian life.

Venture Global IPO Falls Short After Price Cut

Venture Global shares fell 4% in their market debut, with an offering price of $24 per share against an initial target of $25. Despite raising $1.75 billion, the company's valuation is $58.1 billion, significantly below the previously sought $110 billion.

Target Scales Back Diversity, Equity, and Inclusion Initiatives Amid Conservative Pressure

Target scales back DEI initiatives amid conservative backlash and White House scrutiny. The retailer ends a program for Black employees and concludes three-year DEI goals, citing the evolving civil rights landscape.

Companies Backtrack on DEI Amid Growing Backlash

Companies are increasingly rolling back or ending DEI (diversity, equity, and inclusion) programs amid pressure from conservative activists and the Trump administration. This includes tech giants like Meta, McDonald's, and Harley-Davidson, who have cut or paused their DEI initiatives. The move away from DEI policies is part of an ongoing backlash against diversity programs at American companies. Some DEI initiatives have faced backlash from conservatives and activist groups, who argue that these initiatives don't align with the values of companies' largely conservative consumer bases. However, 61% of Americans support DEI practices, according to a Washington Post-Ipsos poll in April, and companies including Costco and JPMorgan have publicly defended their diversity initiatives.

Trump's Executive Order Nixes Global Minimum Tax Deal, Saving Tech Companies a Headache

Trump's executive order relieves tech giants like Meta, Amazon, Google, and Tesla from a potential tax headache under the global minimum tax deal.

Veteran Transition: Community Support and Government Assistance

Listen and subscribe to Warrior Money on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Former Hiring Our Heroes VP Elizabeth O'Brien discusses the challenges veterans and their families face when transitioning from active duty to civilian life. She shares solutions to help ease the transition process, including community support and the Skill Bridge program.