Author: Perry

HE HAS ACTUALLY gone and done it. President Donald Trump had long threatened to impose hefty tariffs on Canada and Mexico, America’s two biggest trading partners. Last month, when they were first due to take effect, he offered both countries a last-minute reprieve. This time, he was in no mood to play nice. New tariffs came into effect at 12:01am EST on March 4th, when America hit imports from its two neighbours with levies of 25%. For good measure, Mr Trump added another 10% tariff on Chinese goods, on top of the 10% charge he implemented last month, which itself…

Published: March 4, 2025 at 9:23 a.m. ETYum Brands Inc. said Tuesday it expects first-quarter same-store sales growth at Taco Bell to outpace its overall pace as it plans to grow the fast-food chain’s footprint.Yum Brands YUM said it expects first-quarter same-store sales growth of 8% for Taco Bell. That’s well ahead of the 2.7% FactSet consensus estimate for Yum Brands’ companywide same-store sales growth. Source link

David Bailey, a former aide of the Trump campaign, called for an audit of the U.S. bitcoin, stressing the current state of the digital assets owned by the U.S. was unacceptable. He remarked few or nobody was able to ascertain the state of the 200,000 BTC allegedly in possession of government agencies. Calls to Audit […] Source link

The Experts Group has launched a new self-employed model for commercial property agents. The model gives the commercial agent 70% of the fee and the opportunity to work from wherever they want, whenever they want, to suit their lifestyle. Working along similar lines to sister group members like The Property Experts, The Letting Experts and The Mortgage Experts, the new company will supply self-employed agents with training, marketing, technology, systems and processes Sean Newman, chief executive of the Experts Group, said: “The commercial property industry is broken and we’re here to fix it. “The sector hasn’t changed in decades. Traditional…

Tri Pointe Homes CEO Doug Bauer joins ‘Squawk on the Street’ to discuss Bauer’s viewpoint on the state of the housing market, if those who have resisted listing will list their houses, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi  » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn:…

This article was written byFollowSeeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team Source link

Published: March 3, 2025 at 8:47 a.m. ETInvestor excitement over generative artificial intelligence continues to center on the installation of graphics-processing units (GPU) and related equipment by data centers, which support their corporate clients’ efforts to develop the new technology. Nvidia Corp. NVDA continues to dominate that market. But a long-term investor might be well served to think about what companies will actually do with the technology.Nicole Kornitzer has been the portfolio manager for the Buffalo International Fund BUFIX since 2009. She is based in Paris, although Kornitzer Capital Management, which manages the Buffalo Funds, is based in Mission, Kan. Kornitzer…

Lomond Investment Management has appointed Brent Stojanovic as managing director of investment management. Stojanovic was the founding director at VervLife, a firm specialising in build-to-rent, co-living, and single-family asset and property management. At Lomond he will oversee its client portfolio, which includes the likes of Lloyds Living, Hearthstone, Annington, and AEW and Home Holdings and a total of 4,000+ multifamily, single-family and PRS units under management across the UK. He also served as a director at JLL, where he worked on European institutional mixed-use, residential and commercial client portfolios.  Lucy Jones, chief operating officer of Lomond, said: “We are excited…

Surging Amazon stock has pushed Jeff Bezos’ net worth over $90 billion. Here’s a look back at its rapid rise. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Here’s How Amazon Stock Made Jeff Bezos The…

Published: March 3, 2025 at 8:15 a.m. ETU.S. Treasury Secretary Scott Bessent recently declared that the Trump administration was mainly focused on lowering the 10-year U.S. Treasury BX:TMUBMUSD10Y yield. He seems to be accomplishing that goal. Yields are moderating, and the MOVE Index, which measures bond-market volatility, is relatively tame. Bessent is achieving his objective, but at a price — by tanking the U.S. economy.A recent Wall Street Journal article revealed that the top 10% of Americans account for about half of all consumer spending. The cumulative excess savings of this group rose and remained steady in the wake of massive fiscal and…