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Many Americans tried, and failed, to cut spending for 'No Buy January'. How to cut back without depriving yourself
Yahoo Finance· 2026-02-11 13:30
A lot of people kick off the year by going on a diet. In 2026, one of the trendiest diets involves shopping — or more accurately, not shopping. It’s ‘No Buy January.’ Instead of cutting back on carbs, people cut back on consumerism. According to a NerdWallet survey conducted by The Harris Poll, more than one in 10 Americans joined the challenge this year (1). Popular on social media, no-buy or low-buy challenges encourage people to stop buying nonessentials for a set period of time. Must Read For som ...
X @Bloomberg
Bloomberg· 2026-02-09 10:55
In a world of economic uncertainty and market volatility, the basics of Finance 101 are more relevant than ever to investors, says @allisonschrager (via @opinion) https://t.co/m6cgUWtYrQ ...
X @Bloomberg
Bloomberg· 2026-01-30 11:10
Between geopolitical crises, economic uncertainty and taxes, the executive sees little room for optimism this year. https://t.co/54rJu5ld6z ...
The price of gold is back on the rise and near an all-time high. Here’s why
Yahoo Finance· 2026-01-06 16:14
It’s not just XRP that is having a good 2026 so far. One of the world’s oldest assets, gold, is also having a good run in the first week of the year. Here’s where the precious metal stands, and why its price is rising. Most Read from Fast Company An ounce of gold is close to its all-time high The price of one ounce of gold reached $4,497.20 on Tuesday, according to data from Yahoo Finance. That price represents a 1% gain for the precious metal for the day so far, or an increase of $45.70 per ounce. A ...
Consumer confidence SLUMPS as Black Friday shopping kicks off
MSNBC· 2025-11-30 02:25
Donald Trump is still obsessing over tariffs, the centerpiece of his economic agenda. And now he is bracing for a Supreme Court decision that could blow up all of his trade plans. Today, Trump posted on Truth Social that tariffs have made the country quote rich, strong, powerful, and safe.Adding that evil Americanhating forces are fighting us at the sup at the US Supreme Court. pray to God that our nine justices will show great wisdom and do the right thing for America. His urging comes as Americans face ec ...
HYSTER-YALE ANNOUNCES THIRD QUARTER 2025 RESULTS
Prnewswire· 2025-11-04 21:46
Core Insights - Hyster-Yale, Inc. reported a decline in revenues and profits for Q3 2025, reflecting ongoing economic uncertainty and reduced truck volumes across all product lines [1][7][9] Financial Performance - Revenues for Q3 2025 were $979.1 million, down 4% year-over-year from $1,016.1 million in Q3 2024, but up 2% sequentially from $956.6 million in Q2 2025 [2][7] - Operating profit fell to $2.3 million, a 93% decrease from $33.1 million in Q3 2024, while net income was a loss of $2.3 million compared to a profit of $17.2 million in the same quarter last year [2][7] - Diluted earnings per share were $(0.13), down from $0.97 in Q3 2024, reflecting a 113% decline [2][7] Lift Truck Business Results - Lift Truck revenues were $929.3 million, a 4% decline year-over-year, attributed to lower truck volumes due to economic uncertainty [3][4] - The Americas segment saw revenues of $732.7 million, down 5% from $771.5 million in Q3 2024, while EMEA revenues increased by 4% year-over-year [3][8] - Gross profit for the Lift Truck business was $134.3 million, down 21% from $169.9 million in Q3 2024 [5][7] Tariff Impact - Tariff costs were approximately $40 million in Q3 2025, contributing to the decline in operating profit [9] - The company is implementing price increases and cost reductions to mitigate the impact of tariffs on financial results [18][19] Cash Flow and Liquidity - Operating cash flow improved to $37 million, driven by increased inventory efficiency [17] - The company reduced debt slightly to $467.8 million compared to $468.5 million a year ago, maintaining a focus on liquidity management [14][15] Market Outlook - The company anticipates continued challenges due to tariffs and economic uncertainty, with proactive measures in place to improve financial results [18][19] - Despite a contraction in the lift truck market, there was an uptick in booking activity, with dollar value bookings improving to $380 million from $330 million in the prior quarter [21][24] Strategic Initiatives - The company is focused on operational improvement projects to streamline manufacturing and optimize operations, with expected benefits starting in 2026 [31] - Long-term objectives include transforming the lift truck business and expanding into new markets, with a commitment to innovation and customer engagement [38]
X @Bloomberg
Bloomberg· 2025-10-29 08:55
Economic Outlook - Economic uncertainty was the major focus of discussions with international counterparts and major investors [1]
X @Bloomberg
Bloomberg· 2025-10-16 11:59
Federal Reserve Governor Christopher Waller said officials can keep lowering interest rates in quarter-percentage-point increments to support a faltering labor market amid economic uncertainty https://t.co/H5b0JRE7Lr ...
X @The Wall Street Journal
Main Street business owners were less optimistic last month, as enduring inflationary pressures and labor shortages add to growing uncertainty about the economy https://t.co/mv3sJbXKMb ...
Jonathan Lemire: Russell Vought has taken on a larger-than-life presence among the left
MSNBC· 2025-10-03 15:12
McCay wrote a piece this year entitled The Visionary of Trump 2.0%, in which he takes a look at Russell Vot's potential impact under Trump's second presidency, which I'm thinking we might see quite soon. Uh, we'll get to that in just a moment. Um, Mara, I want to start with you though on my question.Um, in terms of the American people, busy, hardworking, maybe a little bit tuned out, like exhausted by the news. Um, are they really clued into what's at stake. How quickly would Americans feel the cuts to heal ...