Posts with tag: WordPress
Red River Bancshares reports Q4 net income of $9.3 million ($1.37 per share) on revenue of $40.6 million. Full-year profit was $34.2 million ($4.95 per share) on revenue of $109.7 million.
Published on: January 30, 2025, 02:05 PM UTC
President Trump criticizes the Federal Reserve's decision to hold interest rates steady, accusing it of failing to control inflation and focusing on "DEI" and "green" energy instead of bank regulation.
Published on: January 30, 2025, 12:02 AM UTC
Wall Street grapples with conflicting signs from President Trump on the implementation of steel and aluminum tariffs.
Published on: January 28, 2025, 10:02 PM UTC
EU foreign ministers extend sanctions on Russia over Ukraine war after Hungary drops opposition
Published on: January 27, 2025, 12:06 PM UTC
Trade tensions and a weakened dollar have driven gold prices near record highs, with investors seeking safe haven assets amid market volatility.
Published on: January 24, 2025, 05:06 PM UTC
US stocks closed in the green on Thursday, with the S&P 500 (^GSPC) notching a fresh record close as investors digested remarks from President Donald Trump at the World Economic Forum in Davos.
Published on: January 23, 2025, 11:02 PM UTC
US Treasury yields have been trending up since late last year, straining regional banks' balance sheets due to increased commercial real estate distress risk. This has led to a decline in smaller bank shares and heightened default risk for borrowers who purchased office buildings before the pandemic. Despite a recent rally, the benchmark 10-year yield remains elevated, adding to the pain for lenders and potentially increasing losses on commercial real estate.
Published on: January 23, 2025, 11:01 PM UTC
Tech stocks led Wednesday's market rally, with Netflix surging to a record high and President Trump's AI investment plan offsetting tariff concerns. The Nasdaq jumped nearly 1.3%, boosted by Netflix's strong earnings, while the S&P 500 rose over 0.6% to near its record high. Despite Trump's tariff threats to China and the EU, corporate earnings and AI enthusiasm fueled the rally.
Published on: January 23, 2025, 01:03 PM UTC
Tesla stock plunged over 3% after Trump reversed Biden's pro-EV policies, eliminating electric vehicle tax credits and subsidies. Rivian and Lucid also saw declines, while GM and Ford gained. Despite the setback, Tesla CEO Elon Musk predicts long-term benefits for his company.
Published on: January 21, 2025, 05:02 PM UTC
Japanese and South Korean automakers and battery manufacturers fall after Trump's tariff threats and executive order reversal.
Published on: January 21, 2025, 03:00 AM UTC