The logo of the label Steve Madden at the fashion fair Premium. ens Kalaene | Picture Alliance | Getty Images Steve Madden said Thursday that it will slash the goods it imports from China by as much as 45% over the next year as it braces for President-elect Donald Trump to carry out his pledge for steep tariffs on imports from other countries. On an earnings call, CEO Edward Rosenfeld said
The Trump administration could be a boon for business for private prison companies in the U.S. if the president-elect delivers on his promise to crack down on illegal immigration. CoreCivic and Geo Group, the two biggest private prison operators in the U.S., both contract with the U.S. Immigration and Customs Enforcement (ICE) to house detained, undocumented migrants. Their stocks soared Wednesday following Trump’s election win, with investors betting the companies
Palantir Technologies CEO Alex Karp appears on a Bloomberg television interview during the FoundryCon event in Palo Alto, California, on March 7, 2024. David Paul Morris | Bloomberg | Getty Images Palantir shares finished up 23% on Tuesday for a record close after the data analytics software maker reported robust third-quarter results and issued uplifting revenue guidance. The stock reached a closing high of $51.13, above the prior record of
Find insight on Domain, Telenor, Take-Two Interactive Software and more in the latest Market Talks covering Technology, Media and Telecom. Source link
Pay off debt with a debt consolidation loan. Find out how you can lower your interest and save on monthly payments with the best debt consolidation loans. Source link
By Nimesh Vora and Jaspreet Kalra MUMBAI (Reuters) – The period of low volatility that the Indian rupee has enjoyed may not last now that Donald Trump is poised to become U.S. president once again, bankers and advisors cautioned, urging companies to manage their forex risks more prudently and proactively. The rupee dropped to an all-time low of 84.3625 to the U.S. dollar on Thursday, adding to the previous day’s
Bond markets are likely to stabilize, awaiting clarity on U.S. policies after the elections, Societe Generale said, expecting the 10-year Treasury yield to remain in the 4%-4.5% range, while the two-year yield will remain pegged. Source link
Obama proposes changes to Social Security, Medicare and IRAs. Source link
WonderFi CEO was forced into a vehicle but released after a ransom was paid. Source link
It’s been decades since Australia’s thylacine, known as the Tasmanian tiger, was declared extinct and scientists say they’ve made a breakthrough as they research ways to bring back the carnivore. Colossal Biosciences in a Thursday press release said its reconstructed thylacine genome is about 99.9% complete, with 45 gaps that they’ll work to close through additional sequencing in the coming months. The company also isolated long RNA molecules from a
