Tag: time management

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Chinese Stocks Extend Rally on AI Boost, Easing Tariffs

Chinese stocks in Hong Kong rally on optimism over AI capabilities, with the Hang Seng China Enterprises Index hitting its highest since February 2022.

GameStop Stocks Jump as Rumors of Cryptocurrency Interest Swirl

GameStop is exploring investing in cryptocurrencies, including bitcoin, sending shares up 10% after hours.

Trump Tariffs: Investors Doubt Economic Benefits

Economists are doubtful that President Trump's protectionist trade policy will actually boost the US economy. A Yahoo Finance survey reveals that 73% of respondents expect the tariffs to raise prices, while nearly 60% believe they will weaken the economy overall. Trump supporters are more optimistic, with 64% believing the tariffs will make the economy stronger. However, the majority of non-Trump supporters and those who did not vote believe the tariffs will be damaging.

US Stocks Mixed as Tariff Policy and Inflation Data Loom

US stocks ended mixed on Tuesday as investors weighed tariffs and upcoming inflation data. The Dow Jones rose 0.3%, while the S&P 500 closed flat. The tech-heavy Nasdaq Composite dipped 0.4%. Traders also digested Federal Chair Jerome Powell's testimony in Congress, which indicated no rush to adjust interest rates. Inflation remains persistent, with the Consumer Price Index (CPI) reading due Wednesday.

January CPI: Inflation Pressures Eased, But Core Inflation Remains Sticky

January's CPI report is expected to show a 2.9% headline inflation rate, matching December's annual gain, and a 3.1% increase in core inflation, the lowest since April 2021. The impact of Trump's presidency, global tariffs, and rising inflation expectations on the Federal Reserve's interest rate path is discussed.

BP Brazil Head to Lead Sugar Unit as Fossil Fuel Giant Boosts Bio

BP Brazil head Andres Guevara de La Vega to take over as CEO of BP Bioenergy, replacing Geovane Consul who is leaving the company.

Powell: Fed Does Not Need to Hurry on Interest Rates

Federal Reserve Chair Jerome Powell signals a cautious approach to adjusting interest rates, emphasizing the need to balance inflation and economic growth while monitoring the impact of President Trump's policies.

Financial Ombudsman Service chairwoman Baroness Zahida Manzoor to step down in August

UK consumer watchdog chair Baroness Manzoor to step down in August amid regulatory shake-up

Coca-Cola Beats Estimates as Shoppers Pay More for Beverages

Coca-Cola's profit outperforms expectations as shoppers embrace higher prices for its beverages, leading to a rise in premarket stock trading.

RCI Hospitality Posts 2.58% Net Income Gain in Fiscal Q1

RCI Hospitality Holdings Inc. (RICK) reported net income of $9 million in its fiscal first quarter, with a net income of $1.01 per share.