Posts with tag: travel
Mercury General Corporation (MCY) reported fourth-quarter profit of $101.1 million, or $1.82 per share, and full-year profit of $468 million, or $8.45 per share. The auto insurance company posted revenue of $1.37 billion in the quarter and $5.39 billion for the year.
Published on: February 11, 2025, 10:07 PM UTC
Traders brace for inflation data test on bets for higher US yields after job market report
Published on: February 11, 2025, 10:04 PM UTC
Trump's approval rating is falling, as voters and markets grow concerned over his policies. Small businesses are worried about tariffs, which are raising costs and prices. Voters are losing confidence in Trump's handling of the economy, as inflation fears grow.
Published on: February 11, 2025, 10:03 PM UTC
Chinese automaker BYD inks a deal with AI company DeepSeek to develop autonomous tech, potentially challenging Tesla's dominance in the EV market.
Published on: February 11, 2025, 10:03 PM UTC
Hedge fund billionaire Ken Griffin warns that Trump's tariff policies are a "huge mistake" and an "impediment" to economic growth. He says the uncertainty and chaos created by the tariffs makes it difficult for multinationals to plan for the future. Griffin's comments are notable because of his standing on Wall Street and within GOP circles as a big donor to Republican political campaigns.
Published on: February 11, 2025, 10:02 PM UTC
Mexican telecoms giant América Móvil reports a 48% drop in Q4 net profit to 9.48 billion pesos ($453 million), missing analysts' estimates.
Published on: February 11, 2025, 10:01 PM UTC
US stocks closed mixed after President Trump's tariff policy shifts and ahead of inflation data. The Dow rose 0.3%, while the S&P 500 was flat and the Nasdaq Composite fell 0.4%. Investors are awaiting Jerome Powell's testimony on interest rates and inflation, and are also concerned about the potential impact of tariffs on trade partners and the global economy. Gold surged as a safe haven asset, hitting an all-time high amid uncertainty.
Published on: February 11, 2025, 09:02 PM UTC
The New York Fed President, John Williams, says that current interest rates should help bring inflation back to the central bank's 2% target.
Published on: February 11, 2025, 09:01 PM UTC
Commonwealth Bank of Australia reports better-than-expected first-half cash earnings, driven by volume growth in home lending and deposits, and a lower loan impairment expense.
Published on: February 11, 2025, 09:00 PM UTC
Humana (HUM) shares have plummeted 8.2% on mixed Q4 results. Despite beating sales expectations, earnings and EBITDA missed estimates. Declining customer count weighed on the growth outlook. Is Humana a buy now after the drop?
Published on: February 11, 2025, 08:05 PM UTC