Donald Trump’s selection of Kevin Hassett to lead the National Economic Council underscores a strategic approach toward shaping economic policy in his forthcoming administration. With Hassett at the helm, the dynamics of economic discussions involving critical issues such as trade, taxes, and deregulation are sure to evolve in line with Trump’s distinct leadership style. The
Staff Writer
Dell Technologies has recently come under scrutiny as it forecasts weaker-than-expected revenue and earnings for the fourth quarter, stirring concerns among investors and analysts alike. Although the company has lauded strong growth driven by artificial intelligence (AI) sales, the reality depicted in its latest quarterly earnings report has raised eyebrows, leading to a noticeable decline
As the calendar year draws to a close, many individuals find themselves contemplating the impact of their financial decisions, particularly with regard to charitable giving. In 2023, Americans displayed remarkable generosity, contributing approximately $557.16 billion to charities—a 2% increase from the previous year, as reported by the Indiana University Lilly Family School of Philanthropy. With
The corporate landscape is currently witnessing a seismic shift as Walmart, the largest employer in the United States, announces significant changes to its diversity and inclusion strategies. This decision comes in the context of a broader trend wherein various companies are reassessing their commitments to diversity, equity, and inclusion (DEI) in the face of political
In an era where consumer retail faces continual transformation, Abercrombie & Fitch has proven its resilience with a remarkable financial performance. The apparel retailer announced strong guidance for the holiday season following the success of its fiscal third quarter, marking its sixth consecutive quarter of double-digit sales growth. Notably, this surge in performance coincided with
The forthcoming presidency of Donald Trump is manifesting in dramatic shifts in trade policy, particularly concerning China’s economic engagement with the United States. As outlined in a recent post on his social media platform, Truth Social, Trump plans to impose an additional 10% tariff on all Chinese goods imported into the U.S. This move reflects
Rumble, a video platform known for its conservative audience, has recently announced an intriguing strategic shift by investing a portion of its excess cash reserves into bitcoin. This development, revealed on a Monday evening, saw the platform commit to purchasing up to $20 million in cryptocurrency. Following this announcement, Rumble’s shares experienced a notable increase
In a move that caught analysts off-guard, Intuit’s shares plunged by 6% in after-hours trading following the release of its latest financial results. The prominent financial software company reported earnings that, while surpassing expectations for the quarter, painted a cautious picture for the upcoming period. The disparity primarily arose from unexpected delays in sales, impacting
In a decisive move this week, Jim Cramer’s Charitable Trust sold 165 shares of Best Buy (BBY) at approximately $86 each. Following this transaction, their holdings in Best Buy will total 600 shares, resulting in a minor reduction in portfolio weighting from 1.9% to around 1.5%. This trade comes against a backdrop of declining stock
As the dust settles on the latest electoral showdown, it has become glaringly clear that the gender divide in voting patterns reflects deep-seated societal issues. In a significant trend, women leaned toward Vice President Kamala Harris, showing a preference for her leadership over that of President-elect Donald Trump by an 8-point margin—53% versus 45%. Conversely,
In a challenging environment characterized by unexpected weather patterns and competitive retail dynamics, Gap Inc. has reported a fiscal third quarter that, while impacted by hurricanes and unseasonably warm temperatures, has exceeded Wall Street’s expectations. The apparel retailer, which encompasses brands such as Old Navy, Banana Republic, Athleta, and its flagship Gap store, revised its