Autor: Jane Austen
WASHINGTON (Reuters) – U.S. construction spending increased more than expected in December, boosted by single-family homebuilding, but high mortgage rates could curb further gains in new residential construction. The Commerce Department’s Census Bureau said on Monday that construction rose 0.5% after an upwardly revised 0.2% increase in November. Economists polled by Reuters had forecast construction spending would advance 0.2% after being previously reported as unchanged in November. Construction spending increased 4.3% on a year-on-year basis in December. It advanced 6.5% in 2024. Spending on private construction projects shot up 0.9%. Investment in residential construction rose 1.5%, with outlays on new…
Huawei stunned smartphone enthusiasts last year by launching the world’s first triple-screen foldable phone — Huawei Mate XT Ultimate Design. Samsung is all set to fight back against the competition by introducing its own tri-fold phone. The South Korean brand teased its first multi-fold phone during its Galaxy Unpacked 2025 event. Now, a new leak has surfaced online that hints at the possible name of the device. The Samsung Tri-fold phone is likely to come with a 10-inch display.Tipster Yeux1122 on the South Korean blog Naver suggested that Samsung’s multi-fold phone will be called the ‘Galaxy G Fold’, following the naming…
H&R Block (HRB) Reports Q4: Everything You Need To Know Ahead Of Earnings Tax preparation company H&R Block (NYSE:HRB) will be reporting results tomorrow after the bell. Here’s what you need to know. H&R Block beat analysts’ revenue expectations by 5.6% last quarter, reporting revenues of $193.8 million, up 5.4% year on year. It was a mixed quarter for the company, with a decent beat of analysts’ Tax Preparation revenue estimates but a miss of analysts’ adjusted operating income estimates. Is H&R Block a buy or sell going into earnings? Read our full analysis here, it’s free. This quarter, analysts…
Elon Musk’s X adds Nestlé, Abbot Laboratories, Colgate-Palmolive, Lego, Pinterest, Tyson Foods and Shell International as new defendants in the legal filing. Elon Musk’s social media company X has expanded its existing lawsuit accusing advertisers and the World Federation of Advertisers (WFA) of illegally boycotting the platform to include more brands. On Saturday (1 February), Musk’s lawyers filed an amended complaint in a Texas court, adding Nestlé, Abbot Laboratories, Colgate-Palmolive, Lego, Pinterest, Tyson Foods and Shell International as new defendants in the legal filing. The lawsuit claims the brands and the WFA’s now-defunct Global Alliance for Responsible Media (GARM) violated…
Crypto market volatility surged over the weekend following the US President Donald Trump’s announcement of new tariffs on imports from China, Mexico, and Canada. On Monday, February 3, Bitcoin recorded its sharpest price drop in months across both domestic and international exchanges. According to CoinMarketCap, BTC fell nearly seven percent on global platforms, trading at $94,303 (roughly Rs. 82 lakh). Before the tariff announcement, Bitcoin was priced around $104,002 (roughly Rs. 90.1 lakh). On Indian exchanges like BuyUcoin, BTC slipped by approximately five percent, trading at $101,116 (roughly Rs. 88 lakh).Ether registered bigger losses than Bitcoin in the last 24…
Whether you are moving into a newly purchased home or have lived on your property for a long time, you may be concerned about the potential expense of fixing major issues with your plumbing, replacing your air conditioning, or repairing an appliance. For some homeowners, a home warranty can be a good option to help offset some of these costs — as long as you understand the policy’s limitations. Read more: How much money do I need to buy a house? In this article: A home warranty functions as a service contract for appliances such as your dishwasher and oven,…
picture alliance / Contributor / Getty Images Google parent Alphabet is set to report fourth-quarter results after the market closes Tuesday, with analysts mostly bullish on the tech giant’s stock. Analysts expect the tech giant to report growing revenue and profits. Alphabet’s AI plans will also likely be in focus after the rise of a sophisticated, cost-efficient AI model from Chinese startup DeepSeek raised concerns about Big Tech’s spending on AI. Google parent Alphabet (GOOGL) is slated to report its fourth-quarter results after the market closes Tuesday, with analysts mostly bullish on the tech giant’s stock. Of the 19 analysts covering the stock…
Ripples in spacetime, known as gravitational waves, are being used to determine the ancestry of black holes. These waves, first theorised by Albert Einstein, are offering insights into how black holes form and evolve. Scientists have uncovered that the spin of a black hole can indicate whether it originated from repeated mergers in densely packed star clusters. This finding has the potential to transform our understanding of black hole formation and growth.Study Links Black Hole Spin to AncestryAccording to a study published in Physical Review Letters, a team of researchers led by Fabio Antonini from Cardiff University’s School of Physics…
Cyber specialist Sync Underwriting launches in Australia with Tokio Marine capacity February 3 2025 by Andrew Mullen Specialty cyber MGA Sync Underwriting has launched in Australia, joining the Rhodian Group underwriting network.CEO Richard Smith, in partnership with capacity provider Tokio Marine Group, has «devel… To continue reading the full article and get full access to the InsuranceAsia News platform, please enquire about a subscription. Your company may already have a corporate license in place. Already a Subscriber? Please Login Join the mailing list Designed to help you stay ahead, our daily newsletter provides a round-up of the latest news and…
(Reuters) – U.S. stock index futures tumbled on Monday as fears of a full-blown trade war and its impact on the global economy jolted markets around the world after President Donald Trump levied steep tariffs on Mexico, Canada and China. Over the weekend, Trump imposed hefty new tariffs of 25% on imports from Mexico and Canada, and 10% on China – which he said may cause «short-term» pain for Americans. «Breaking global trade may seem like the thing to do to resurrect the US industrial economy, a noble ambition, but, break trade and you disrupt global capital flows necessary to…