Tag: wilderness

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Walmart Weathers Trade Storm, But Costs Could Rise for Consumers

Walmart (WMT) shares slide over 6% on conservative guidance and tariff concerns. CFO Rainey says tariffs could hurt general merchandise category, but Walmart's scale and private labels could help offset costs.

The Efficiency of Musk's Government Efficiency Commission: Analysis of Cost-Cutting Actions

Elon Musk's government efficiency commission, known as DOGE, has released a list of cuts and renegotiated contracts, resulting in billions of taxpayer dollars in "savings." The commission has targeted various agencies, including USAID, Education, and Social Security, with cuts ranging from news subscriptions to training programs. However, some critics question the accuracy of the reported savings and the impact of job losses on the federal workforce and the economy.

Musk's DOGE and White House Allies Take on Social Security Administration

Elon Musk and the White House take on the Social Security Administration, gaining access to sensitive data and replacing the acting head. The move raises concerns about stability and the access to personal information, sparking legal challenges and a potential test for Musk's government reform efforts.

Deep Layoffs Expected at HUD: Staff Cuts to Impact Housing Assistance, Discrimination Investigations, and Research

HUD bracing for deep job cuts amid Trump, Musk push to trim federal government

Greentown Sells First Offshore Dollar Bond Since 2023 for Refinancing

Chinese property firm Greentown China Holdings Ltd. priced a $350 million bond to refinance offshore debt, the first dollar note sold by a major Chinese property firm since 2023.

Robinhood Is Now a Destination for ‘Serious Money,’ Says CEO

Robinhood sees serious money from investors as revenue surges 115%, beating estimates

Retail Stocks Positioned for Growth Amid AI Investment Boom

Retail stocks may be poised to gain from AI investments, with big-box retailers potentially investing in enhanced in-store experiences and automation.

CATL Plans Hong Kong Listing to Raise at Least $5 Billion

Battery giant CATL plans to file for a $5B Hong Kong listing this week, marking one of the city's largest in the past three years.

US Stocks Bounce Back as Steelmakers Rally on Trump Tariffs

US stocks climbed on Monday as steel and aluminum companies jumped on the trade news. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite all rose.

Venezuela Resumes Light Crude Imports Amid Production Woes

Venezuela's PDVSA resumes light crude imports amid dwindling domestic production, creating bottlenecks for blending exportable blends.