Day: April 17, 2025
Japan inflation comes in at 3.6%, surpasses BOJ target for three straight years
Shop owners of a 70-year-old “takoyaki”, or octopus balls, restaurant chat while cooking along a street in the Taito Ward area of Tokyo on February 21, 2025. Richard A. Brooks | Afp | Getty Images Japan’s inflation grew 3.6% year on year in March, marking three straight years that the headline inflation figure is above […]
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‘Fortunes are made during recessions’: Venture capital CEO reveals where he’s looking to invest
As President Donald Trump’s trade tariffs raise expectations of a U.S. recession , one venture capital chief says “bring it on.” The biggest risk for investors right now is uncertainty, according to Mitchell Green, founder and CEO of Leap Edge Capital, which has stakes in several U.S. and international blue-chip companies. But he said this […]
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Etsy touts ‘shopping domestically’ as Trump tariffs threaten price increases for imports
An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy is trying to make it easier for shoppers to purchase products from local merchants and avoid the extra cost of imports as President Donald Trump’s sweeping tariffs raise concerns about soaring […]
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Netflix maintained its 2025 guidance. That may not be the sign of confidence it seems
Greg Peters, Co-CEO of Netflix, speaks at a keynote on the future of entertainment at Mobile World Congress 2023. Joan Cros | Nurphoto | Getty Images Netflix executives messaged Thursday that all is well with the business in the face of economic turbulence. But its full-year outlook tells a slightly more nuanced story. Netflix posted […]
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Goldman Sachs says buy call options on these stocks ahead of earnings
Wall Street is heading into a long weekend, but when bankers return to work on Monday, earnings season will be in full swing — with a lot of potential targets for options traders. “We expect single stock call buying to be an unusually profitable strategy this earnings season given 1) Put-buying pressure in single stocks […]
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Goldman Sachs says buy call options on these stocks ahead of earnings
Wall Street is heading into a long weekend, but when bankers return to work on Monday, earnings season will be in full swing — with a lot of potential targets for options traders. “We expect single stock call buying to be an unusually profitable strategy this earnings season given 1) Put-buying pressure in single stocks […]
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Trump has talked to former Fed Gov. Kevin Warsh about firing Powell, report says
Kevin Warsh, former governor of the US Federal Reserve, during The Semafor World Economy Summit in Washington, DC, US, on Thursday, April 18, 2024. Samuel Corum | Bloomberg | Getty Images President Donald Trump has spoken with former Federal Reserve Governor Kevin Warsh about possibly replacing the current central bank chairman, Jerome Powell, before his […]
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Google hit with second antitrust blow, adding to concerns about future of ads business
Google CEO Sundar Pichai testifies before the House Judiciary Committee at the Rayburn House Office Building on December 11, 2018 in Washington, DC. Alex Wong | Getty Images Google’s antitrust woes are continuing to mount, just as the company tries to brace for a future dominated by artificial intelligence. On Thursday, a federal judge ruled […]
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Discord sued by New Jersey over child safety features
Jason Citron, CEO of Discord in Washington, DC, on January 31, 2024. Andrew Caballero-Reynolds | AFP | Getty Images The New Jersey attorney general sued Discord on Thursday, alleging that the company misled consumers about child safety features on the gaming-centric social messaging app. The lawsuit, filed in the New Jersey Superior Court by attorney […]
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Harvard’s battle with the Trump administration is creating a thorny financial situation
Harvard University’s Dunster House in Cambridge, Massachusetts. Blake Nissen for The Boston Globe via Getty Images Harvard’s brewing conflict with the Trump administration could come at a steep cost — even for the nation’s richest university. On April 14, Harvard University President Alan Garber announced the institution would not comply with the administration’s demands, including […]
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