Posts with tag: technology
The Bank of England is poised to cut interest rates to a record low as Brexit fears and global economic headwinds take their toll.
Published on: February 06, 2025, 07:04 AM UTC
Hedge funds are seeking exemptions from some ESG reporting requirements under the EU's Corporate Sustainability Reporting Directive (CSRD), arguing that it imposes an undue burden and is unnecessary for their industry.
Published on: February 06, 2025, 07:01 AM UTC
US stock futures steady, Alphabet dips as investors await Amazon earnings. Trump tariffs weigh on Ford and Chipotle. Oil prices rebound after Saudi price hike. Gold hits record highs as trade war intensifies.
Published on: February 06, 2025, 05:00 AM UTC
India's new central bank governor, Sanjay Malhotra, is expected to cut interest rates in his first policy meeting, shifting the focus to boosting economic growth amid escalating global risks.
Published on: February 06, 2025, 05:00 AM UTC
Ford (F) beats Q4 earnings and revenue expectations, but issues muted full-year guidance. Ford expects full-year 2025 adjusted EBIT of $7.0 billion to $8.5 billion and $3.5 billion to $4.5 billion in adjusted free cash flow. The company anticipates $1 billion in cost savings and a breakeven Q1 2025 adjusted EBIT. Ford's EV division, Model e, posted a full-year EBIT loss of $5.1 billion, with losses expected to continue in 2025.
Published on: February 06, 2025, 04:01 AM UTC
Erica Roach, the CFO of the US Office of Personnel Management, has resigned this week. The OPM manages $1.1 trillion in federal workers' benefits.
Published on: February 06, 2025, 04:00 AM UTC
Ford (F) beat Q4 earnings and revenue expectations, but issued muted guidance for 2025 due to market headwinds. The company reported a 4% decline in after-hours trading. Ford expects significant progress in its transformation plan in 2025. The Model e segment posted a full-year EBIT loss of $5.1 billion. Ford CEO Jim Farley called for a comprehensive tariff policy to level the playing field for automakers.
Published on: February 06, 2025, 04:00 AM UTC
Bank of Japan’s hawkish board member, Naoki Tamura, indicates potential for multiple interest rate hikes in the upcoming fiscal year to achieve the bank’s inflation target.
Published on: February 06, 2025, 03:01 AM UTC
Yen Surges as Hedge Funds Exit Dollar Trades; BOJ Rate Hike Bets Rise
Published on: February 06, 2025, 03:00 AM UTC
Filing taxes in the US can be a complex and time-consuming process, unlike in many other countries where the process is streamlined and often automated. This article explores the reasons behind the US tax system's complexity, including the various credits and deductions available and the influence of special interest groups. It also discusses recent efforts to simplify the tax code and the challenges involved.
Published on: February 06, 2025, 02:01 AM UTC