FedEx Corp. expects a $1 billion hit from trade volatility this year, underscoring the impact of President Donald Trump’s tariffs and the loss of a key exemption for low-value goods.Most of that reduction to adjusted operating profit stems from lower shipments from China to the US — a highly profitable shipping lane that’s been hit hard by tariffs. About $300 million is due to the higher cost of clearing goods through customs, according to FedEx Chief Financial Officer John Dietrich.The costly trade environ ...

I wrote about Savers Value Village (NYSE: SVV ) previously with a hold rating, as I thought it was too early to be bullish on the stock given that margins have deteriorated meaningfully. My viewI am an individual investor that is now fully focus on managing my own capital that I have saved up over the years. My investing background spreads across a wide spectrum as I believe there are merits to each approach, for instance: Fundamental investing [Bottoms-up etc.], Technical investing [historical charts analy ...

They wrote: “We have a choice. We can let the Bank of England cap innovation, stifle entrepreneurs and push capital offshore – or we can seize the opportunity, set the rules in Parliament and lead the world.”Mr Farage and Mr Yusuf said they would pave the way for widespread cryptocurrency use if elected.While Mr Bailey has not directly rejected stablecoins, he told MPs this year he would need “a lot of convincing that the use case was made”.Rachel Reeves, the Chancellor, also risks a clash with Mr Bailey ov ...

Ah, the markets. A bastion of rational thought, predictable reactions, and calm deliberation. Or, if you’ve been paying any attention to the past few years, a chaotic playground where presidential pronouncements, often delivered via social media, can send billions scurrying faster than a startled gazelle. Welcome back to the era of the Trump market, where economic policy is less about spreadsheets and more about spectacle, and the only constant is the delightful unpredictability of it all.Just yesterday, Se ...

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New York, New York--(Newsfile Corp. - September 20, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Luminar Technologies, Inc. (NASDAQ: LAZR) between March 20, 2025 and May 14, 2025, both dates inclusive (the "Class Period"), of the important September 22, 2025 lead plaintiff deadline.SO WHAT: If you purchased Luminar securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a continge ...

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Fox Business Alert. NBA superstars, they are great at handling a basketball, but like a lot of us, they can fumble their passwords. Houston Rocket star Kevin Durant lost access to his Coinbase account after buying Bitcoin nearly a decade ago when the token was trading around $360 bucks.Right now, it's at $115,340. Fortunately, the Coinbase CEO came to the rescue, posting on X, quote, "We got this fixed. Account recovery complete." Coinbase CEO Brian Armstrong joins me now live from San Francisco after prowl ...

Google is ending its enterprise subscription to the Financial Times, and it’s not the only enterprise media subscription on the chopping block, sources say. The cuts reflect broader cost-reduction efforts at the search giant, even as the company reports strong financial performance.Google has been implementing cost reductions across 2025, including eliminating 35% of managers who oversee teams of three people or fewer, and offering voluntary exit programs across multiple divisions since January. Finance chi ...

The bank has not grown in long time, and is exposed mostly to residential mortgages (about 50/50 single and multi-family) in SoCal. The bank was able toLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the competitive dynamics of the industries where they participate, and buying com ...