Month: January 2025

Firefly Aerospace kicks off first moon mission after SpaceX launch
The company’s Blue Ghost moon lander before shipping out for launch. Firefly Aerospace Another American company, Texas-based rocket and spacecraft builder Firefly Aerospace, is moon-bound. Firefly’s “Blue Ghost” cargo lander launched from Florida early Wednesday morning on SpaceX’s Falcon 9 rocket to begin a 45-day trip. The space transportation company’s first moon mission comes as […]
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Core inflation rate slows to 3.2% in December, less than expected
Prices that consumers pay for a variety of goods and services rose again in December but closed out 2024 with some mildly better news on inflation, particularly on housing. The consumer price index increased a seasonally adjusted 0.4% on the month, putting the 12-month inflation rate at 2.9%, the Bureau of Labor Statistics reported Wednesday. […]
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Microsoft launches consumption-based 365 Copilot Chat option for corporate users
Microsoft Chairman and CEO Satya Nadella speaks during the Microsoft May 20 Briefing event at Microsoft in Redmond, Washington, on May 20, 2024. Nadella unveiled a new category of PC on Monday that features generative artificial intelligence tools built directly into Windows, the company’s world leading operating system. Jason Redmond | AFP | Getty Images […]
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Live Updates: Senate confirmation hearings for Trump picks for CIA, State, Attorney General
Gov. Kristi Noem’s hearing was postponed last-minute South Dakota Gov. Kristi Noem, holds the name plate from when she served in Congress during the House Natural Resources Committee hearing on H.R. 3397 to “require the Director of the Bureau of Land Management to withdraw a rule of the Bureau of Land Management relating to conservation […]
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Live Updates: Senate confirmation hearings for Trump picks for CIA, State, Attorney General
Gov. Kristi Noem’s hearing was postponed last-minute South Dakota Gov. Kristi Noem, holds the name plate from when she served in Congress during the House Natural Resources Committee hearing on H.R. 3397 to “require the Director of the Bureau of Land Management to withdraw a rule of the Bureau of Land Management relating to conservation […]
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Citigroup shares rise as fourth-quarter earnings top estimates
Jane Fraser speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup reported its fourth-quarter earnings Wednesday morning ahead of Wall Street’s opening bell. Here is how the company did relative to LSEG analyst consensus estimates: Earnings: $1.34 a share, […]
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Disney wins the 2024 box office as year-end receipts offer a welcome boost
Ryan Reynolds and Hugh Jackman star in Marvel’s “Deadpool & Wolverine.” Disney Foul-mouthed superheroes and family-friendly fare propped up the domestic box office during the final months of 2024. Full-year ticket sales were down just 3.4% from 2023, reaching $8.74 billion, a far cry from the nearly 27% shortage seen at the midway point of […]
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Wells Fargo shares jump after earnings beat, strong 2025 guidance
In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT A person walks past a Wells Fargo bank in New York City on November 19, 2024. Charly Triballeau | AFP | Getty Images Wells Fargo shares climbed Wednesday after the bank reported better-than-expected earnings and issued strong guidance on net interest income for 2025. Here’s what […]
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German economy contracts 0.2% in 2024 in second consecutive annual slowdown
The skyscrapers of the Frankfurt skyline in the evening, with the Deutschherrn Bridge in the foreground. Frank Rumpenhorst | Picture Alliance | Getty Images The German economy contracted by 0.2% in 2024, in the country’s second consecutive yearly slowdown, data from statistics office Destatis showed Wednesday. The drop was in line with the expectations of […]
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