Author: Editor-In-Chief
CNBC’s Jim Cramer said “supply constraints” are two of the most important words he’s heard so far this earnings season, and explained why this situation is good for companies.”When supply is limited, you can raise prices. That’s the holy grail in any industry,” he said.intel’s strong performance was partly due to more demand than supply, Kramer suggested. He noted that the company’s chief financial officer, David Zinsner, said the company’s semiconductor maker is experiencing supply constraints for many of its products, creating “significant supply constraints for the industry.”Along with Intel, other similarly supply constrained technology names that are doing well…
WASHINGTON (AP) — Sharp Recruitment slowdown Federal Reserve Chairman Jerome Powell said Tuesday that this poses increasing risks for the U.S. economy and suggests the Fed will likely cut its key interest rates two more times this year. Chairman Powell, in a speech in Philadelphia, said: federal government shutdown Cutting official economic data, the Fed said “the outlook for employment and inflation appears unchanged since its September meeting.” lowered key rate First time this year. Fed officials at the meeting expected the central bank to cut rates twice more this year and once in 2026. The Fed’s interest rate cuts…
Monterrey, Mexico – For more than 15 years, Juan Alvarado has run a small shoe manufacturing business in León, Guanajuato, the shoe manufacturing capital of Mexico. But current trade and political tensions in the U.S.-Mexico relationship, along with tariff-related disruptions, are forcing him to consider diversifying into other areas or simply shutting down the business.Alvarado told Al Jazeera that the company normally employs up to 25 people, but now it has to cut the number to 15. “You’re up against a wall and you can’t hold out either way. And it all comes down to investment.”Recommended stories list of 4…
dublin Reuters — Catherine Connolly, a veteran of far-left Irish politics, on Saturday delivered a scathing attack on the centre-right coalition that was recently re-elected as president by a wide margin. Mr Connolly, 68, has long been a critic of the European Union in Ireland, an overwhelmingly pro-EU country backed by a left-wing majority opposition party, but he has a low profile and was underestimated by many at the start of the race for a largely ceremonial role. Connolly, an independent candidate, gained momentum as the campaign progressed, electrifying young voters and winning with 63.4% of the vote. Another candidate…
Israeli settlers have attacked several Palestinian villages across the occupied West Bank, in an escalating wave of violence targeting residents harvesting olive trees.At least three Palestinians were injured when settlers attacked farmers in the village of Deir Nidam, northwest of Ramallah, on Saturday, according to the Palestinian Wafa news agency.Recommended stories list of 3 itemsend of listLocal resident and activist Mujahid Tamimi said settlers attacked farmers near the western entrance to the village, beat them with the butts of rifles, and evicted them from their land, Wafa reported.Tamimi added that Israeli forces then entered the village to protect the settlers…
Manchester United continued their recent momentum by defeating Brighton at Old Trafford, scoring their first goal for the club in an exciting and somewhat controversial 4-2 victory.Ruben Amorim’s side appear to have had a contrasting fate, having had a particularly productive season recently after a difficult start to the season, with three wins on the spin propelling them into the top four, at least temporarily. Manchester United had lost six of their last seven games against Brighton and were at times riding their luck in the first half, but it took a wasteful finish from Danny Welbeck to pave the…
For nearly half a century, terrorism has cast a shadow over Turkiye’s political, social, and economic life. The Kurdistan Workers’ Party (PKK) and its affiliates in Syria, Iraq, and Iran have destabilized the region with separatist violence. The dissolution of the PKK in May 2025 will mark a decisive moment, not only ending the armed conflict but also the beginning of a transformation that has the potential to reshape the region’s future.As unresolved conflicts, rising migration pressures and energy competition increase global uncertainty, Turkiye’s decisive action will provide Turkiye and the wider region with prospects for lasting peace, secure energy…
New AI-powered web browsers, such as OpenAI’s ChatGPT Atlas and Perplexity’s Comet, are poised to supplant Google Chrome as the gateway to the internet for billions of users. The main selling point of these products is a web-browsing AI agent that promises to complete tasks on your behalf by clicking on websites and filling out forms. But consumers may be unaware of the significant risks to user privacy associated with agent browsing, an issue the entire technology industry is grappling with. Cybersecurity experts who spoke to TechCrunch said AI browser agents pose a greater risk to user privacy compared to…
Cameron Pappas, owner of Norton’s FloristNorton’sFor Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the artificial intelligence boom is a world away.While companies prefer Nvidia, alphabet and broadcom They’re driving the stock market to new highs and boosting GDP, but Pappas is experiencing what’s happening in the real economy, far from Wall Street and Silicon Valley.Small businesses like Norton, as well as businesses of all sizes in retail, construction and service industries, are struggling as the Trump administration’s steep tariffs drive up costs and consumers cut back on spending in an economic downturn.”We’re looking at all the costs,” Pappas,…
The prices people pay for a variety of goods and services rose less than expected in September, leaving the door wide open for another rate cut next week, according to a report from the Bureau of Labor Statistics on Friday.The consumer price index rose 0.3% from the same month, bringing the annual inflation rate to 3%. Economists surveyed by Dow Jones had called for readings of 0.4% and 3.1%, respectively. The annual rate reflects a 0.1 percentage point increase from August.Core CPI, which excludes food and energy, rose 0.2% monthly and 3% annually, compared to estimates of 0.3% and 3.1%,…