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Tuesday, April 30
by
SRN News
3M beats profit estimates on price hikes, cost cuts
(Reuters) -U.S. industrial giant 3M Co posted a better-than-expected quarterly profit on Tuesday as price hikes and cost cuts offset the impact from slow sales, sending its shares up nearly 8% in premarket trading. 3M said its dividend payout ratio is expected to be 40% ...
Monday, April 29
by
SRN News
GOP leaders still can’t overcome the Kansas governor’s veto to enact big tax cuts
TOPEKA, Kan. (AP) — Republican legislators narrowly failed again Monday to enact a broad package of tax cuts over Democratic Gov. Laura Kelly’s veto, making it likely that lawmakers would end their second annual session in a row without major reductions. The state Senate voted ...
Monday, April 29
by
SRN News
Affluent Americans are driving US economy and likely delaying need for Fed rate cuts
WASHINGTON (AP) — Since retiring two years ago, Joan Harris has upped her travel game. Once or twice a year, she visits her two adult children in different states. She’s planning multiple other trips, including to a science fiction convention in Scotland and a Disney ...
Friday, April 26
by
SRN News
L3Harris cuts 5% workforce in cost-saving measure
(Reuters) – U.S. defense contractor L3Harris cut 5% of its workforce earlier this month in a bid to streamline its business and save costs, CEO Chris Kubasik said in a post-earnings conference call on Friday. The announcement confirms a Reuters ...
Friday, April 26
by
ABC News
No cuts: Proposed bill could change skipping the security line at the airport
(NEW YORK) -- California lawmakers have pushed forward a new piece of legislation aimed at changing the way third-party security screening companies like CLEAR help expedite customers through security at the airport.An annual CLEAR membership that costs $189 allows travelers to skip the onerous ...
Thursday, April 11
by
ABC News
Hot inflation likely to delay interest rate cuts. Heres what to expect
(NEW YORK) -- Consumers saddled with high credit card and mortgage rates held onto a source of solace in recent months: A forecast from the Federal Reserve promising long-awaited interest rate cuts.The economy has refused to cooperate, however, casting that financial relief into doubt.Fresh ...
Thursday, April 11
by
The Center Square
Denver to make $45M in budget cuts to pay for arriving migrants
(The Center Square) – The city of Denver will have to make $45 million in cuts so that it doesn't have to lay off or furlough city employees ...
Wednesday, April 3
by
ABC News
Fed Chair Jerome Powell pumps brakes on rate cuts
(WASHINGTON) -- The Federal Reserve will see if inflation moves beyond its current rough patch before imposing highly anticipated interest rate cuts, Fed Chair Jerome Powell said on Wednesday.Addressing a business conference at Stanford University, Powell touted progress in the fight to cool price ...
Tuesday, March 26
by
Murphy, Sam & Jody
The Weekend Replay PODCAST: Is venting good for you? / Sam cuts his own hair / Your 1st obsession
Is venting good for you? Sam cuts his own hair. Your 1st obsession.
Wednesday, March 20
by
ABC News
Fed holds interest rates steady, postponing rate cuts amid stubborn inflation
(WASHINGTON) -- The Federal Reserve held interest rates steady on Wednesday, opting to keep rates highly elevated as progress toward lower inflation has stalled. The move pushes back rate cuts that the central bank expects to make some time this year.The Fed Funds rate ...
Tuesday, March 5
by
The Center Square
Op-Ed: Denver cuts budgets by $5 million to give migrants free housing
Topline: The City of Denver announced $5 million in budget cuts to help pay for free shelter for migrants from the southern border, with more budget cuts expected. ...
Thursday, February 22
by
ABC News
Nikki Haley says Trump’s jab at her husband, serving overseas, ‘cuts deep’ because of other military families
(WASHINGTON) -- Former U.N. Ambassador Nikki Haley is addressing former President Donald Trump's mocking jabs at her husband, Maj. Michael Haley, who is serving a one-year deployment overseas in the South Carolina National Guard.In a new interview with ABC News' co-anchor Eva Pilgrim, Nikki ...
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