Posts with tag: travel
The European Central Bank lowers borrowing costs for a fifth time since June amid concerns over the eurozone economy and with inflation on track.
Published on: January 30, 2025, 05:01 PM UTC
Stocks climb as strong economic data offsets corporate profit worries. Tesla, IBM, Meta Platforms lead gains; Apple results awaited. Focus on inflation data, employment report this week.
Published on: January 30, 2025, 05:01 PM UTC
Gold hits all-time high as softer-than-expected US economic data weakens the dollar, making bullion more appealing for investors.
Published on: January 30, 2025, 04:04 PM UTC
President Trump's policies aim to shrink federal bureaucracy and establish a libertarian government, echoing William McKinley's era. Despite concerns from critics, Trump's actions and the legislative plans of Republicans suggest a shift towards self-reliance and limited government intervention. Medicaid, worker protections, and consumer safeguards may face rollbacks, while tax cuts and tariffs are on the agenda. It remains to be seen if Americans truly desire less government, as Trump's policies could have significant consequences for vulnerable populations.
Published on: January 30, 2025, 03:03 PM UTC
The US economy grew a solid 2.3% from October to December and 2.8% for the entire year.
Published on: January 30, 2025, 02:06 PM UTC
Caterpillar Inc. forecasts slightly lower 2025 revenue due to demand concerns. Despite Q4 profit exceeding estimates, management's outlook suggests estimates may be revised downward.
Published on: January 30, 2025, 02:05 PM UTC
International Paper (IP) reports Q4 loss of $147 million, beating analysts' estimates but missing revenue forecasts. Revenue falls short of expectations, coming in at $4.58 billion. For the year, IP reports profit of $557 million and revenue of $18.62 billion.
Published on: January 30, 2025, 01:06 PM UTC
Valero Energy Corp. (VLO) reported better-than-expected Q4 profit of $281 million, driven by higher revenue of $30.76 billion. Adjusted earnings per share were 64 cents, exceeding analysts' estimates of 13 cents.
Published on: January 30, 2025, 12:06 PM UTC
Lazard reports Q4 net income of $86.3 million, beating Wall Street estimates.
Published on: January 30, 2025, 12:05 PM UTC
President Trump criticized the Fed for failing to control inflation, spending too much time on non-financial issues, and doing a "terrible job" regulating banks.
Published on: January 30, 2025, 12:02 PM UTC