watch now VIDEO 3:32 03:32 Trump: Fed Chair Powell is 'grossly incompetent' and should lower rates immediately Halftime Report President Donald Trump on Thursday signaled his continued support for a Department of Justice investigation into Federal Reserve Chairman Jerome Powell — a stance that could further delay the confirmation of his would-be successor, Kevin Warsh . "He's under investigation b...
watch now VIDEO 3:32 03:32 Trump: Fed Chair Powell is 'grossly incompetent' and should lower rates immediately Halftime Report President Donald Trump on Thursday signaled his continued support for a Department of Justice investigation into Federal Reserve Chairman Jerome Powell — a stance that could further delay the confirmation of his would-be successor, Kevin Warsh . "He's under investigation because he's building a building for hundreds of billions of dollars more than it's supposed to cost," Trump said of Powell in the Oval Office. He was referring to ongoing renovations of the Fed's headquarters in Washington, the purported focus of the federal probe of the central bank chairman. Powell has accused the government of launching the investigation in retaliation for his refusal to lower interest rates as much or as quickly as Trump has demanded. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
The dollar index (DXY00) today is down by -0.45%. The dollar is under pressure today after the British pound, the euro, and Japanese yen rallied when the BOE, ECB, and BOJ made hawkish comments about the inflationary aspects of soaring energy prices from the war in Iran. Losses in the dollar accelerated today after the US Jan new home sales fell more than expected to a 3.25-year low. Losses in the...
The dollar index (DXY00) today is down by -0.45%. The dollar is under pressure today after the British pound, the euro, and Japanese yen rallied when the BOE, ECB, and BOJ made hawkish comments about the inflationary aspects of soaring energy prices from the war in Iran. Losses in the dollar accelerated today after the US Jan new home sales fell more than expected to a 3.25-year low. Losses in the dollar are limited as today's stock market weakness has boosted some liquidity demand for the dollar. Also, today's US economic news on weekly jobless claims and the Mar Philadelphia Fed business outlook survey were hawkish for Fed policy. The dollar also has carryover support from Wednesday, when Fed Chair Powell said there will be no Fed rate cut unless there is progress on inflation. Join 200K+ Subscribers: US weekly initial unemployment claims unexpectedly fell -8,000 to a 9-week low of 205,000, showing a stronger labor market than expectations of an increase to 215,000. The Mar US Philadelphia Fed business outlook survey unexpectedly rose +1.8 to a 6-month high of 18.1, stronger than expectations of a decline to 8.0. US Jan new home sales fell -17.6% m/m to a 3.25-year low of 587,000, weaker than expectations of 722,000. Swaps markets are discounting the odds at 6% for a +25 bp rate hike at the April 28-29 FOMC meeting. The dollar continues to be undercut by a poor outlook for interest rate differentials, with the FOMC expected to cut interest rates by at least -25 bp in 2026, while the BOJ and ECB are expected to raise rates by at least +25 bp in 2026. EUR/USD (^EURUSD) today is up by +0.47%. The euro is moving higher today amid a weaker dollar. Also, soaring European bond yields have strengthened the euro's interest rate differentials after the 10-year German Bund yield rose to a 2.25-year high today at 3.011%. The euro fell back from its best level after the ECB cut its 2026 Eurozone GDP forecast and raised its Eurozone 2026 inflation forecast. Also, today's surge ...
Earnings Call Insights: Solo Brands, Inc. (SBDS) Q4 2025 Management View John Larson, President and CEO, stated, "Since stepping into the CEO role in 2025... we have focused on executing a product-led turnaround while building a structurally leaner, profit-driven business." Larson highlighted a comprehensive refinancing, the reinstatement of the New York Stock Exchange listing, and a new ticker sy...
Earnings Call Insights: Solo Brands, Inc. (SBDS) Q4 2025 Management View John Larson, President and CEO, stated, "Since stepping into the CEO role in 2025... we have focused on executing a product-led turnaround while building a structurally leaner, profit-driven business." Larson highlighted a comprehensive refinancing, the reinstatement of the New York Stock Exchange listing, and a new ticker symbol as key 2025 milestones. He detailed the consolidation of operations, a more disciplined approach to marketing and pricing at Solo Stove, and a 30%+ reduction in run-rate SG&A, with further actions planned in 2026. Larson also reported that Chubbies achieved over 9% year-over-year growth and emphasized the introduction of five new products and positive operating cash flow for three consecutive quarters. "We generated roughly $19 million of adjusted EBITDA for the year and delivered a 52% increase in fourth quarter adjusted EBITDA, underscoring the operating leverage in our model as these changes take hold," Larson said. The CEO also announced the launch of Cheekies, a women’s swim brand, as part of their product innovation efforts. Laura Coffey, Chief Financial Officer, stated, "In December, we simplified our organizational structure by eliminating the Up-C structure... We believe this streamlined structure is more attractive to investors and enhances good corporate governance." Coffey emphasized, "Consolidated sales were $94 million, down 34.5% versus the prior year quarter... Adjusted gross margin for the fourth quarter was 61%, flat versus a year ago and up by 40 basis points from quarter 3." She also pointed out a 38.8% year-over-year reduction in SG&A expenses in Q4 and noted, "Adjusted EBITDA for the quarter was positive $9.6 million or 10.2% of sales. This represented a significant 52% year-over-year improvement and a reversal of the negative EBITDA reported in the third quarter." Outlook John Larson indicated a continued focus on profitability at the channel, ma...
This article first appeared on GuruFocus. Nvidia (NASDAQ:NVDA) shares slipped about 2% Thursday morning even as Elon Musk confirmed that Tesla and SpaceX will continue sourcing Nvidia chips for their AI and data center operations, according to a Thursday press release. The remarks came as Musk outlined plans for Tesla's Terafab, a large semiconductor manufacturing facility, while emphasizing that ...
This article first appeared on GuruFocus. Nvidia (NASDAQ:NVDA) shares slipped about 2% Thursday morning even as Elon Musk confirmed that Tesla and SpaceX will continue sourcing Nvidia chips for their AI and data center operations, according to a Thursday press release. The remarks came as Musk outlined plans for Tesla's Terafab, a large semiconductor manufacturing facility, while emphasizing that in-house chip production will not fully replace Nvidia's processors in the near term. Musk highlighted that both Tesla and SpaceX's AI divisions expect to continue ordering Nvidia chips at scale. Analysts have largely responded positively to Nvidia's developer conference (GTC) announcements. CEO Jensen Huang projected $1 trillion in cumulative revenue from the company's Blackwell and Vera Rubin AI processors through 2027. Wall Street sees additional upside as the forecast excludes other AI-related hardware, including chips from start-ups. Truist Securities lifted its price target to $287 from $283, maintaining a Buy rating. Other chip makers showed limited premarket movement, with Broadcom down about 1% and Advanced Micro Devices sliding 1%. Observers said Nvidia could gain momentum from upcoming AI company listings, including SpaceX's planned initial public offering.
A study of analyst recommendations at the major brokerages shows that IAMGold Corp (Symbol: IAG) is the #38 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index , according to Metals Channel . The Metals Channel Global Mining Titans Index is comprised of the top fifty global leaders from the metals and mining sector. The companies listed in ...
A study of analyst recommendations at the major brokerages shows that IAMGold Corp (Symbol: IAG) is the #38 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index , according to Metals Channel . The Metals Channel Global Mining Titans Index is comprised of the top fifty global leaders from the metals and mining sector. The companies listed in the Metals Channel Global Mining Titans Index are not fixed, but instead variable — updating on a continuous basis to reflect the changing market environment with respect to commodity prices, government policy and market volatility. In forming this rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the underlying components of the Metals Channel Global Mining Titans Index were ranked according to those averages. Investors often interpret analyst opinions from different angles — when companies have a low rank among analysts, it isn't necessarily the case that investors should conclude that the stock will perform poorly. It can, of course, but a bullish investor could also take the contrarian angle and read into the data that there is lots of room for upside because the stock is so out of favor. IAG operates in the Precious Metals sector, among companies like Newmont Corp (NEM) which is down about 7.6% today, and Barrick Mining Corp (B) trading lower by about 5.8%. Below is a three month price history chart comparing the stock performance of IAG, versus NEM and B. IAG is currently trading down about 7.1% midday Thursday. Analyst Favorites of the Metals Channel Global Mining Titans Index » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
漁護署研10.1前推郊野露營預約制 鹹田、浪茄納試點 不排除收費 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】漁護署交代工作計劃,正研究國慶前推出郊野和露營地點預約制,考慮將鹹田灣、浪茄灣等熱門營地納入試點,又...
漁護署研10.1前推郊野露營預約制 鹹田、浪茄納試點 不排除收費 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】漁護署交代工作計劃,正研究國慶前推出郊野和露營地點預約制,考慮將鹹田灣、浪茄灣等熱門營地納入試點,又計劃在羅湖一幅地安置受北都發展影響的豬場。 本港多個郊野公園和營地在長假期都成旅遊熱點,漁護署正研究在十一國慶前以試點形式推出郊野和露營地點預約制。署長黎堅明透露會考慮浪茄灣、鹹田灣和西灣等位於西貢東郊野公園的熱門營地納入試點,至於試點數目、預約方式和名額,以及是否需要付費,就仍在研究。 近月有流浪牛和野豬在市區出現,最後遭漁護署人道處理,黎堅明稱行動時要優先考慮市民安全,如動物走到民居對市民構成威脅就須處理,強調不會主動清除。 隨著北都發展,預計會有豬場被收地,漁護署已經在北區覓得3幅豬場用地,其中一幅位於羅湖監獄旁邊,計劃興建6層高的現代化豬場,預計今年內交地給中標豬農。 為推廣本地漁農產品,署方年中會推出本地漁農產品認證制度,讓消費者辨認,生產過程安全和低碳的本地產品目前有約400個漁民和農民有意參與。
This article first appeared on GuruFocus. Micron Technology (NASDAQ:MU) received a new Street-high price target from Barclays following its latest quarterly results, reflecting continued confidence in the company's outlook. The memory chipmaker delivered a solid fiscal second-quarter performance, supported by steady demand for DRAM and NAND products, which are key components used in data storage a...
This article first appeared on GuruFocus. Micron Technology (NASDAQ:MU) received a new Street-high price target from Barclays following its latest quarterly results, reflecting continued confidence in the company's outlook. The memory chipmaker delivered a solid fiscal second-quarter performance, supported by steady demand for DRAM and NAND products, which are key components used in data storage and computing systems. Analysts noted that supply remains constrained, meeting only about 50% to 67% of demand, a dynamic that may help sustain pricing. Barclays reiterated an overweight rating and raised its price target from $450 to $675, citing improved revenue visibility as Micron shifts toward longer-term customer agreements. The company recently introduced a five-year Strategic Customer Agreement, which could provide more predictable sales compared with prior short-term contracts. Micron also reported record free cash flow of $6.9 billion for the quarter, up from $3.9 billion in the previous period. It expects further growth next quarter despite increased capital spending, including plans to expand manufacturing capacity. Demand tied to artificial intelligence infrastructure remains a key driver, while the company anticipates weaker trends in personal computers and smartphones in the near term.
Saying that the Bank is in "wait and see" mode, is an understatement. Raising or cutting interest rates will not fix Qatar's gas facilities, or unblock the Strait of Hormuz. So, like the rest of us, it is waiting to see what on earth will happen in the six weeks before its next meeting at the end of April.
Saying that the Bank is in "wait and see" mode, is an understatement. Raising or cutting interest rates will not fix Qatar's gas facilities, or unblock the Strait of Hormuz. So, like the rest of us, it is waiting to see what on earth will happen in the six weeks before its next meeting at the end of April.
Key Points The Motley Fool surveyed thousands of retirees to determine their top priorities in retirement. Top cities offer many of the key benefits older adults seek in a retirement destination. The $23,760 Social Security bonus most retirees completely overlook › As costs continue to rise and retirement becomes more expensive, relocating can be a smart move to save money and improve your quality...
Key Points The Motley Fool surveyed thousands of retirees to determine their top priorities in retirement. Top cities offer many of the key benefits older adults seek in a retirement destination. The $23,760 Social Security bonus most retirees completely overlook › As costs continue to rise and retirement becomes more expensive, relocating can be a smart move to save money and improve your quality of life. In The Motley Fool's 2026 Best Places to Retire report, researchers surveyed 2,000 retirees to determine older adults' top priorities. From there, they analyzed every state to determine which ranked best for healthcare, amenities, cost of living, and more. If you're looking for the ideal retirement destination, these are the top states to consider. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » 1. Florida Florida is home to the top three U.S. cities to retire, according to The Motley Fool's report: Fort Lauderdale, St. Augustine, and Quincy, respectively. Many retirees flock to Florida for its nearly year-round sunshine, warm climate, and plentiful beaches, but it has even more to offer older adults. Fort Lauderdale is a top destination for retirees seeking an active social life, with countless restaurants, museums, parks, and cultural centers. St. Augustine offers similar benefits, with a historic downtown and more walkable neighborhoods. Finally, Quincy boasts a small-town feel with a below-average cost of living, making it an affordable paradise for many retirees. Limited healthcare access can be a drawback in some cities, and because Florida is prone to hurricanes, flood insurance is necessary in many areas -- which can be expensive. The state is also a popular tourist destination, which may not appeal to everyone. 2. Pennsylvania While it's not on many retirees' radars, Philadelphia ranks ...
Win McNamee/Getty Images News Investors are doubtful about the Trump administration's efforts to sell more stock in Fannie Mae ( FNMA ) and Freddie Mac ( FMCC ) to the public, Bloomberg News reported on Thursday. The U.S. president was looking to offload about 5% of Fannie Mae and Freddie Mac in a public offering in September last year. But few concrete details have emerged since, and attention ha...
Win McNamee/Getty Images News Investors are doubtful about the Trump administration's efforts to sell more stock in Fannie Mae ( FNMA ) and Freddie Mac ( FMCC ) to the public, Bloomberg News reported on Thursday. The U.S. president was looking to offload about 5% of Fannie Mae and Freddie Mac in a public offering in September last year. But few concrete details have emerged since, and attention has seemingly shifted to other priorities, Bloomberg noted. Both stocks have lost ~70% in the past six months, hitting their 52-week low today. FNMA was down 7.99% to $4.26 during Thursday late morning, while FMCC was -8.37% to $3.72. More on Federal National Mortgage Association, Freddie Mac Tracking Bill Ackman's Pershing Square 13F Portfolio - Q4 2025 Update Federal Home Loan Mortgage Corporation (FMCC) Q4 2025 Earnings Call Prepared Remarks Transcript Federal National Mortgage Association (FNMA) Q4 2025 Earnings Call Prepared Remarks Transcript FMCC outlines shift to fully guaranteed multifamily securitizations while forecasting modest house price growth Freddie Mac Q4 earnings slip as net worth tops $70B
The Chinese founder of the massive router maker facing national security probes by the Trump administration has applied for an expedited visa under the Trump Gold Card program, according to people familiar with the matter. California-based TP-Link Systems Inc. told the federal agencies scrutinizing its operations that founder and Chief Executive Officer Jeffrey Chao had applied for permanent resid...
The Chinese founder of the massive router maker facing national security probes by the Trump administration has applied for an expedited visa under the Trump Gold Card program, according to people familiar with the matter. California-based TP-Link Systems Inc. told the federal agencies scrutinizing its operations that founder and Chief Executive Officer Jeffrey Chao had applied for permanent residency under the program, the people said. Successful Gold Card applicants must give a $1 million “unrestricted gift” to the Commerce Department in exchange for a visa. TP-Link said in a statement that Chao and his wife are pursuing US citizenship but declined to comment on any Trump Gold Card application. The Commerce Department didn’t respond to requests for comment. A company spokesman said TP-Link welcomes the opportunity to engage with the US government to demonstrate that its security practices are in line with industry standards and said that it’s committed to addressing any national security issues. As well as overseeing Gold Card applications, the Commerce Department is investigating TP-Link over concerns that its connections to China may pose an unacceptable threat to national security, people familiar with the matter said previously. The department has for months been weighing whether to issue its “initial determination” that TP-Link indeed poses such a threat, Bloomberg has reported. Issuing the assessment would put TP-Link one step closer to potentially having its US operations restricted or banned. Read More: Wi-Fi Giant’s US Future Hinges On Its Claimed Split From China Chao and his brother co-founded TP-Link in China three decades ago. In 2024, they split the company into a US-headquartered business run by Chao and a China-headquartered entity run by his brother. Chao, who bought a house in Irvine, California in 2018, said in an interview last year that he had applied for a green card in January 2025. Before its corporate restructuring hived off its China sale...
Lollipop people in Suffolk have become the latest neon-clad, road patrollers to don body cams amid a rise in abuse. We are looking to speak to lollipop people about their experiences on the job. The council has launched a six-week awareness campaign called “Lollipops Aren’t Just For Children” to remind drivers to slow down, be patient, and show respect at patrol points. The cameras have been used ...
Lollipop people in Suffolk have become the latest neon-clad, road patrollers to don body cams amid a rise in abuse. We are looking to speak to lollipop people about their experiences on the job. The council has launched a six-week awareness campaign called “Lollipops Aren’t Just For Children” to remind drivers to slow down, be patient, and show respect at patrol points. The cameras have been used by school crossing patrols in Greater Manchester, Clacton and Basildon for similar reasons. Are you a lollipop person? Have things changed in recent years? What was the job like when you first took it on? Are there any particular incidents that stick out? Share your experience You can share your experiences using this form. Please share your story if you are 18 or over, anonymously if you wish. For more information please see our terms of service and privacy policy Tell us here Your responses, which can be anonymous, are secure as the form is encrypted and only the Guardian has access to your contributions. We will only use the data you provide us for the purpose of the feature and we will delete any personal data when we no longer require it for this purpose. For alternative ways to get in touch securely please see our tips guide Name Where do you live? Tell us a bit about yourself (e.g. age, background, what you do) Optional Tell us about your experience working as a lollipop person. What was the job like compared to when you first took it on? Please include as much detail as possible. Are there any particular incidents that stick out? Please include as much detail as possible. If you are happy to, please upload a photo of yourself here Optional Please note, the maximum file size is 5.7 MB . Choose file Can we publish your response? Yes, entirely Yes, but contact me first Yes, but please keep me anonymous No, this is information only Phone number Optional Your contact details are helpful so we can contact you for more information. They will only be seen by the Guardian. E...