News Blog

Trump will study whether to fire Fed Chair Powell, adviser says

White House economic adviser Kevin Hassett said on Friday President Donald Trump and his team were studying the matter when asked if firing Federal Reserve Chair Jerome Powell was an option, an indication that a matter of great consequence for the central bank’s independence and for global markets remained under active consideration by the White House.

Dollar weakness, trade worries push gold to $3,400 mark

Gold prices hit a record high, touching the $3,400 mark on Monday, as a faltering dollar and worries about a global economic slowdown over rising U.S.-China trade tensions kept safe-haven bullion in demand.

Netflix Stock Rises. Earnings Show Company May Be Recession-Proof.

Netflix stock was rising Monday after a strong first-quarter earnings report helped it shrug off a slump for the broader market.

Trump tariffs could lead to a summer drop-off in economic activity after an ‘artificially high’ start, Chicago Fed chief says

Chicago Fed President Austan Goolsbee said Sunday that President Donald Trump’s tariffs are causing U.S. business owners to stock up on inventories.

India to put 12% temporary tariff on steel to curb cheap China imports, source says

India is set to impose a temporary tariff, known locally as safeguard duty, of 12% on steel imports, said a government source with direct knowledge of the matter, to try and curb a surge in cheap imports from China and elsewhere.

Fed’s Powell says markets orderly, downplays intervention risk

Federal Reserve Chair Jerome Powell suggested on Wednesday that hopes the central bank will step in to tamp down on market volatility are likely misplaced.

TSMC denies it’s talking to Intel about chipmaking joint venture

Taiwan Semiconductor Manufacturing Company denied reports that the semiconductor giant was in active discussions with Intel regarding a chipmaking joint venture.

ECB Cuts Rate Again. Why That’s Fueling Trump’s Anger Toward Fed’s Powell.

The European Central Bank lowered interest rates, as expected Thursday. Europe is being squeezed as trade tension between the U.S. and China, worsen.

TSMC sticks with its revenue forecast after profit tops estimates despite Trump trade worries

Taiwan Semiconductor Manufacturing Company on Thursday maintained its annual revenue forecast after it quarterly beat profit expectations, thanks to a continued surge in demand for AI chips.

Moncler’s first-quarter revenue beats expectations as Asian demand holds up

Italian luxury outerwear group Moncler (MONC.MI),  on Wednesday reported a stronger than expected 1% increase in revenue in the first quarter thanks mostly to direct-to-consumer sales and Asian demand.

UnitedHealth Stock Sinks 20% on Earnings Miss and Guidance Cut. Medicare Advantage Is an Issue.

UnitedHealth Group UNH+0.25% stock sank Thursday after the giant health insurer posted first-quarter earnings that missed expectations and slashed its full-year outlook.

Hermès to hike U.S. prices for iconic bags and scarves in response to Trump tariffs

French luxury group Hermès will raise its U.S. prices from the start of May in order to offset the impact of President Donald Trump’s tariffs, the company’s finance chief said Thursday.

Lilly’s pill helps diabetes patients lose 7.9% weight in crucial study

Eli Lilly (LLY.N),  said on Thursday its experimental pill, orforglipron, led to weight loss of nearly 8% at the highest dose and lowered blood sugar in patients with type 2 diabetes in a late-stage trial.

Kratos Receives Approximate $30 Million Sole Source Air Defense System Hardware Production Award

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a technology company in the defense, national security and global markets, announced today that it has received an approximate $30 million Sole Source Air Defense System Hardware Production award.

AS Company: Επέκταση στην Ισπανία, αξιοποίηση επενδυτικών ακινήτων

Πρώτη απόπειρα δραστηριοποίησης μέσω αντιπροσώπου στην Ιβηρική. Η διεύρυνση της γκάμας προϊόντων και ιδιοπαραγόμενα. Αγοραστικό ενδιαφέρον για το ακίνητο της Ελούντας.

Αύξηση επιβατών στα 24 αεροδρόμια της ΥΠΑ

Στο 9,1% η άνοδος σε ετήσια βάση το α΄ τρίμηνο – Τη μερίδα του λέοντος κατέχει το αεροδρόμιο του Ηρακλείου

ΔΕΗ: Έως το 2028 στο τιμόνι το Γ. Στάσσης – Έκτακτη Γ.Σ. για τη νέα στρατηγική

Για τρία ακόμα χρόνια ανανεώνεται η θητεία του Γιώργου Στάσση στη θέση του διευθύνοντος συμβούλου της ΔΕΗ, δηλαδή έως τον Απρίλιο του 2028.

Ελλάκτωρ: Συμφωνία Motor Oil – Reggeborgh για παράταση του Call Option αγοράς 5,2 εκατ. μετοχών

Δεν θα ασκήσει έως τις 18 Απριλίου η Reggeborgh το δικαίωμα προαίρεσης αγοράς μετοχών που κατέχει η Motor Oil στην Ελλάκτωρ.

ΚΡΙ ΚΡΙ: Οι δασμοί δυσκολεύουν την ανάπτυξη στην Αμερική – Έρχονται ανατιμήσεις

Η επιβολή δασμών στα εισαγόμενα ευρωπαϊκά προϊόντα μπορεί να επηρεάσει την ανάπτυξη της Κρι Κρι στην αγορά των ΗΠΑ . 

Nvidia faces $5.5 billion charge as US restricts chip sales to China

Nvidia (NVDA.O), on Tuesday said it would take $5.5 billion in charges after the U.S. government limited exports of its H20 artificial intelligence chip to China, a key market for one of its most popular chips.