Tag: travel

Pathward Financial, Inc. (CASH) reported first-quarter profit of $31.4 million, or $1.29 per share, on revenue of $176.6 million.

Published on: January 21, 2025, 10:06 PM UTC

FS Bancorp Inc. (FSBW) reported fourth-quarter profit of $7.4 million, missing analysts' expectations. Revenue was $51.6 million, also below forecasts. For the year, the company reported profit of $35 million, or $4.36 per share, on revenue of $144.7 million.

Published on: January 21, 2025, 10:05 PM UTC

Container freight rates for services from Asia to US coasts have weakened in the run-up to Lunar New Year, but longer-term prices face pressure from factors including carrier competition, tariff threats, and the reopening of the Suez Canal.

Published on: January 21, 2025, 10:04 PM UTC

A bitcoin (BTC-USD) strategic reserve under President Trump could become a reality, according to Coinbase CEO Brian Armstrong. Trump has expressed interest in making the US the "crypto capital" of the world and has taken a friendly view on crypto since campaigning for the White House in 2024.

Published on: January 21, 2025, 10:03 PM UTC

Netflix closed 2024 with its biggest quarterly subscriber gain in history, adding 18.9 million customers. The company also reported strong revenue growth of 16% to $10.2 billion for the quarter.

Published on: January 21, 2025, 10:00 PM UTC

New SEC crypto task force, pro-crypto regulators, and potential executive orders boost investor enthusiasm for digital assets, including crypto ETFs and memecoin TRUMP. Industry awaits further developments and clarity from the Trump administration.

Published on: January 21, 2025, 08:01 PM UTC

The US dollar treads near lows as investors weigh latest tariff talk from President Trump.

Published on: January 21, 2025, 07:00 PM UTC

Trump faces debt ceiling showdown in first week as president, despite vowing to abolish it

Published on: January 21, 2025, 06:02 PM UTC

Private equity firms are increasingly turning to dividend recapitalizations to return cash to investors amid a booming credit market. This strategy allows them to pile portfolio companies with more debt and give themselves a payout, rather than relying on the IPO market.

Published on: January 21, 2025, 06:01 PM UTC

US stocks climbed across the board on Tuesday as investors digested President Donald Trump's first wave of executive orders, including future tariffs on China and Mexico. The Dow Jones Industrial Average (^DJI) and the benchmark S&P 500 (^GSPC) rose around 0.5% and 0.4%, respectively, while the Nasdaq Composite (^IXIC) also climbed about 0.5%. The tech sector lagged as investors digested Trump's first policy moves, including future tariffs on Mexico and Canada. Netflix (NFLX) is expected to deliver strong results when it reports after the bell, while Charles Schwab (SCHW) reported a surge in earnings of nearly 50% due to increased trading activity. The US dollar (DX-Y.NYB) pulled back from a near two-year high on Monday following news that Trump held off from firing off a barrage of universal tariff hikes, with the currency recovering somewhat on Tuesday after Trump said he was considering 25% duties for Mexico and Canada starting Feb. 1.

Published on: January 21, 2025, 05:02 PM UTC