February 2025

Berkshire Hathaway Sells S&P 500 ETFs Amid Market Concerns

On Saturday, Berkshire Hathaway (NYSE:BRK.B) disclosed its 13F statement for Q4 2024, revealing a notable sell-off of S&P 500 ETFs. This move surprised investors, as Warren Buffett had previously praised S&P 500

22 hours ago

Investing

Delta Air Lines Offers $30,000 Compensation After Crash-Landing

Delta Air Lines (DAL) announced that it would pay each passenger onboard the Minneapolis-to-Toronto flight that crash-landed $30,000 with no strings attached, following the incident on February 17. Compensation Details and Legal

22 hours ago

World

Alibaba’s Revenue Soars Amid AI Investment Boom

Chinese e-commerce giant Alibaba Group Holding posted its fastest revenue growth in over a year, surpassing analyst expectations as it capitalizes on China’s artificial intelligence boom. Strong Financial Performance For the quarter

22 hours ago

Investing

US Jobless Claims Rise Amid Federal Layoff Concerns

The number of Americans filing new applications for unemployment benefits increased moderately last week, suggesting that the labor market remained on solid ground in February. No Immediate Impact from Federal Layoffs There

22 hours ago

Economy

Walmart’s Profit Growth Slows Despite Rising Sales

Walmart shares fell 6% in early trading Thursday as the retailer forecasted slower profit growth for the fiscal year despite continued sales momentum. Holiday-quarter revenue increased by 4%, and U.S. e-commerce sales

22 hours ago

Investing

Tariff Anxiety Drives Doom Spending Among Americans

Economic uncertainty is driving a wave of impulsive spending among Americans, as concerns over President Donald Trump’s tariffs fuel fears of rising prices. A recent CreditCards.com report found that one in five

2 days ago

Economy

UK Inflation Rises to 3% in January, Exceeding Expectations

The UK’s **inflation rate** surged to **3%** in January, surpassing analyst expectations, according to data released by the **Office for National Statistics (ONS)** on Wednesday. Economists polled by **Reuters** had forecast a

2 days ago

Economy

HSBC Reports 3% Workforce Reduction and Stable Bonus Pool

HSBC’s headcount fell by 3% in 2024 while its staff bonus pool remained largely unchanged, according to the bank’s financial report issued on Wednesday. The Asia-focused lender continues to focus on cost-cutting

2 days ago

Business

JetBlue Seeks New Airline Partnership After DOJ Block

JetBlue Airways announced on Wednesday that it is in discussions with multiple airlines to establish a new partnership and is prepared to allocate additional funds to secure a deal. Exploring New Partnerships

2 days ago

Business

US Stocks Mixed as Markets Weigh Tariffs and Fed Minutes

US stocks were mixed on Wednesday as investors reacted to President Trump’s latest 25% tariff announcement and awaited Federal Reserve minutes for insight into future policy. Markets Cautious Amid Trade Policy Shifts

2 days ago

Markets

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