Tag: technology

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MAS Eases Monetary Policy for First Time in Five Years on Inflation Bets

Singapore's central bank loosened monetary policy to address slowing growth and reduced inflation pressures, with a focus on moderating the currency's exchange rate band.

Tariffs on Canada Would Hurt US Automakers and Consumers, Report Says

Trump's proposed tariffs on Canada would hurt automakers and American car buyers. High integration of the auto sector means tariffs would increase costs and the industry would suffer the deepest negative impacts. Average US retail car prices could rise by $3,000.

HP Joining Companies Stockpiling Goods Ahead of Potential Tariffs

HP stockpiles products ahead of potential Trump tariffs, mirrors actions of whiskey giant Suntory. As tariff concerns swirl, HP reports mixed quarters with PC sales falling 4% in the last quarter.

UnitedHealth Names New Chief Executive for Health Insurance Unit

UnitedHealth Group Names Tim Noel as UnitedHealthcare CEO After Brian Thompson's Death

Trump Scraps Biden's $2 Generic Drug Plan for Medicare

President Trump reversed a Biden administration executive order to lower drug prices, including a plan to provide generic drugs for $2 to Medicare patients.

Trump Signs Executive Order on Crypto, Steering Clear of 'National Bitcoin Stockpile'

President Donald Trump has signed an executive order on cryptocurrencies, establishing a working group to coordinate regulation and potentially create a national digital asset stockpile. The order also prohibits the creation of central bank digital currencies.

Texas Instruments profit outlook disappoints on weak chip demand

Texas Instruments gives disappointing earnings outlook amid chip demand weakness and higher costs; 1Q profit seen below estimates, sales range below forecast, shares fall in late trading.

Two Marriott Credit Card Welcome Offers: 60,000 Points and a Free Night or a $150 Statement Credit and 100,000 Points

Marriott Bonvoy is offering limited-time welcome bonuses for its new Bold® and Boundless® credit cards. Earn 60,000 bonus points and a free night award with the Bold® card, or $150 statement credit and 100,000 bonus points with the Boundless® card.

U.S. Stocks Hit New All-Time Highs

U.S. stocks reach new all-time high, boosted by S&P 500's 0.5% rise and Dow's 0.9% gain. Treasury yields mixed in bond market; China's efforts to stimulate stock prices have limited impact on global markets.

OceanFirst Financial Tops Q4 Earnings, Misses on Revenue

OceanFirst Financial Corp. reports Q4 earnings of $21.9 million, beating estimates but missing revenue expectations. Adjusted earnings were 38 cents per share, surpassing the 36-cent consensus. Revenue came in at $171.9 million, while adjusted revenue fell short at $95.6 million.