Tag: travel

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Knight-Swift, A. Duie Pyle and TForce Buy Yellow Terminals

Knight-Swift, A. Duie Pyle and TForce Acquire Seven Yellow Corp. Terminals for $15.1 Million

Warburg Pincus to Buy Beverage Software Firm Vermont Information for $1 Billion

Warburg Pincus to Acquire Vermont Information Processing, a Beverage Distribution Software Provider, for $1 Billion

Egg, Juice, Coffee Inflation Takes Bite Out of Shoppers' Wallets

Inflation is hitting shoppers' wallets, with key staples like eggs, orange juice, and coffee seeing significant price increases. Avian influenza has reduced egg production, while hurricanes and citrus greening have affected orange juice. Coffee prices are also on the rise due to weather events and supply chain issues.

Amazon Stock: Bulls Gain Ground Despite Lackluster Quarter

Despite a weak Q4, Amazon's (AMZN) stock is rising on support from bulls amid generative AI investments and margin improvement expectations in the retail business.

Fed Chair Signals Caution After Hotter-Than-Expected Inflation Report

Hotter-than-expected inflation pushes Fed toward holding rates, defying expectations of cuts in 2025.

Trump Blasts 'Biden Inflation,' Renews Call for Interest Rate Cuts

Trump blames "Biden inflation" after surprise rise in consumer prices

January Inflation Report: Core Prices Rebound, Raising Concerns for Fed

Inflation slowed in January, but core prices surged, dashing hopes for a quick return to the Federal Reserve's 2% target. The CPI rose 3% year-over-year, with core prices climbing 3.3%, driven by shelter and services costs. Used car prices also contributed to the increase. The data complicates the Fed's path forward for interest rates, with economists expecting a bumpy road ahead.

Michelin Reports 5.1% Sales Volume Decline, Cites Slowdown in New Car and Truck Sales

Michelin reports a 5.1% decline in its full-year sales volumes due to a slowdown in sales of new cars and trucks in Europe, and potential impact from U.S. tariffs on goods from Mexico and Canada.

Intel Stock Jumps on Bullish Comments, Despite Internal Issues

Intel stock rose nearly 3% in early trading Wednesday, extending gains from the prior day when Vice President JD Vance made bullish comments about domestic chip manufacturing.

Meta's Stock Surges Despite Trump-Zuckerberg Relationship, Fundamentals Shine

Meta (META) stock is soaring due to strong fundamentals, including improved platform performance and strong advertising revenue. Analysts are bullish on Meta's long-term prospects, and analysts cite factors such as innovative ad targeting and the potential impact of TikTok's fate on Meta's business.