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Dow tumbles more than 700 points as inflation and tariff fears mount
Economy

Dow tumbles more than 700 points as inflation and tariff fears mount

Posted on: February 22, 2025

US stock markets experienced a significant decline on Friday following an economic report indicating growing concerns among American consumers about price increases and the potential impact of President […]

Walmart Stock Slides After Earnings—Walton Family Loses Billions
Economy

Walmart Stock Slides After Earnings—Walton Family Loses Billions

Posted on: February 21, 2025

Walmart shares experienced their worst day in over a year on Thursday, resulting in a significant reduction in the net worth of the company’s heirs after issuing a […]

German election: a triple crisis looms large at the heart of the economy
Economy

German election: a triple crisis looms large at the heart of the economy

Posted on: February 21, 2025

As Germany approaches its election on February 23, voters are deeply worried about the economy, which has been in recession for two years and remains the same size […]

CNBC Daily Open: Alibaba shares jump and Amazon beats Walmart in quarterly revenue
Economy

CNBC Daily Open: Alibaba shares jump and Amazon beats Walmart in quarterly revenue

Posted on: February 21, 2025

Chinese tech giant Alibaba reported a significant 239% year-over-year increase in net profit for the final quarter of 2024. This growth was driven by the expansion of its […]

Walmart Stock Slides After Earnings—Walton Family Loses Billions
Economy

Walmart Stock Slides After Earnings—Walton Family Loses Billions

Posted on: February 21, 2025

Walmart shares experienced their worst day in over a year on Thursday, resulting in billions wiped off the net worth of the retail giant’s heirs. The company issued […]

Walmart Predicts Slower Growth for 2025 Amid Economic Challenges
Economy

Walmart Predicts Slower Growth for 2025 Amid Economic Challenges

Posted on: February 21, 2025

Walmart anticipates a slowdown in sales and profit growth for 2025 due to rising inflation and the impact of tariffs. The forecast caused its stock to drop by […]

Fort Knox: A Secure Repository of U.S. Gold Reserves
Economy

Fort Knox: A Secure Repository of U.S. Gold Reserves

Posted on: February 21, 2025

LOUISVILLE, Ky. (AP) — President Donald Trump announced that Elon Musk would inspect Fort Knox, the renowned depository for American gold reserves in Kentucky, to verify the presence […]

Target sued by Florida for defrauding shareholders about DEI
Economy

Target sued by Florida for defrauding shareholders about DEI

Posted on: February 21, 2025

A securities fraud lawsuit has been filed against Target by the State Board of Administration of Florida, an agency responsible for overseeing public pension funds that own Target […]

Target sued by Florida for defrauding shareholders about DEI
Economy

Target sued by Florida for defrauding shareholders about DEI

Posted on: February 21, 2025

The State Board of Administration of Florida, which oversees public pension funds owning Target stock, has filed a securities fraud lawsuit against Target in the federal court in […]

Walmart warns of a slower 2025. That’s a bad sign for America’s economy
Economy

Walmart warns of a slower 2025. That’s a bad sign for America’s economy

Posted on: February 21, 2025

Walmart, the largest U.S. retailer, has warned of slower sales and profit growth in 2025 due to rising inflation and the impact of Trump’s tariffs. The forecast caused […]

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