Month: February 2025

A seller holds up a bottle of Casamigos, tequila from Diageo, the world’s leading spirits maker, as U.S. President-elect Donald Trump plans to impose tariffs on Mexico that could affect up to $1.6 billion in tequila sales, at a liquor store in Monterrey, Mexico, December 10, 2024.  Daniel Becerril | Reuters The U.S. spirits industry
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Can a 50-year-old still retire a millionaire? The good news is, yes, even starting in your 50s, you can still end up a millionaire. Obviously, it will take more diligent financial planning and investing to reach the millionaire or multi-millionaire club the later you begin accumulating wealth. There are simple steps to follow in order
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U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” at Capitol Hill in Washington, U.S., February 11, 2025.  Craig Hudson | Reuters Federal Reserve Chair Jerome Powell asserted Tuesday that the central bank will not develop its own
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Ken Griffin, founder and CEO of Citadel, speaks during The New York Times’ annual DealBook Summit in New York City, Dec. 4, 2024. Michael M. Santiago | Getty Images Citadel CEO Ken Griffin sent a stern warning against the negative impact from President Donald Trump’s combative approach to U.S. trade policy. “From my vantage point, the
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Richard Stephen | Istock | Getty Images The advisory group known as the Department of Government Efficiency, led by billionaire Elon Musk, has moved quickly to curb government spending at federal agencies including the U.S. Agency for International Development and the Consumer Financial Protection Bureau. At a rally Monday outside the Social Security Administration’s Maryland
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In this article KO Follow your favorite stocksCREATE FREE ACCOUNT Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, as global demand for its drinks rose. Shares of the company climbed more than 3% in premarket trading. Here’s what Coca-Cola reported for the quarter ended Dec. 31 compared with what Wall Street
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Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, but guided a slight slowdown in 2025 revenues amid expected declines in net interest income. Net profit attributable to the group came in at 1.969 billion euros ($2.03 billion) in the fourth quarter, compared with an analyst forecast of 1.803 billion euros, according to
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A Gucci store, operated by Kering SA, in the Sanlitun area of Beijing, China, on Saturday, Oct. 12, 2024.  Bloomberg | Bloomberg | Getty Images French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label. The high-end fashion group, whose brands
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Actor Harrison Ford touts Jeep and Americana while taking a dig at another Detroit automaker during Stellantis Stellantis DETROIT — A CEO’s exit, electric vehicles making the industry run around like “headless chickens” and a company’s U.S. revival all came together to make Ram and Jeep parent Stellantis the only automaker with a Super Bowl
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In this article DBSM-SG Follow your favorite stocksCREATE FREE ACCOUNT Piyush Gupta, chief executive officer of DBS Group Holdings Ltd., during a news conference in Singapore, on Monday, Feb. 10, 2025. DBS shares jumped after the lender reported earnings that met expectations and unveiled a investor payout plan.  Bloomberg | Bloomberg | Getty Images After
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U.S. President Donald Trump meets with Japan’s Prime Minister Shigeru Ishiba (not pictured) at the White House in Washington, U.S., Feb. 7, 2025.  Kent Nishimura | Reuters President Donald Trump ordered a halt to the production of new pennies, which he said will help reduce “wasteful” government spending. “For far too long the United States
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