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OXO Parent Helen of Troy Stock Falls as It Lowers Profit Forecast – Investopedia

Important points Helen of Troy missed forecasts for quarterly sales and net income due to lower demand for beauty and wellness products. The company reported a 3% year-over-year decline in revenue for the third quarter of fiscal 2025. Helen of Troy also cut its full-year profit forecast and reduced its sales forecast. Helen of Troy […]

Argentina Lowers Age of Legal Firearm Ownership from 21 to 18

Argentina's President Javier Millay signed a law this week lowering the minimum age for purchasing firearms from 21 to 18. of proclamation They argue that the minimum age required to acquire and possess a firearm should correspond to the legal age of majority in Argentina, which is 18. Security Minister Patricia Brulich said on Wednesday […]

Putin lowers threshold for use of nuclear weapons if Russia is attacked

Russian President Vladimir Putin on Tuesday signed revised nuclear principles that say any attack on Russia supported by a nuclear-armed state could be grounds for a nuclear response. President Putin signed the new policy on the 1,000th day of the war with Ukraine and a day after President Biden authorized Ukraine to use long-range missiles […]

Putin lowers threshold of nuclear response as Biden admin pledges new funding to Ukraine

In a stern warning to the West, Russian President Vladimir Putin said a conventional attack on Russia by any country backed by a nuclear power would be considered a joint attack against Russia. Putin's announcement came at the same time the Biden administration announced $375 million in additional security assistance to Ukraine, including ground weapons, […]

Emboldened Fed lowers interest rates by half-point

The Federal Reserve cut interest rates by 50 basis points on Wednesday, the central bank's first rate cut after a two-and-a-half-year battle with rampant inflation sparked by the pandemic. The new federal funds rate will be 4.75% to 5%, a significant cut that signals the Fed's confidence that the fight against inflation is nearing an […]

Kamala Harris Lowers Expectations for 2024 Democrat Performance

Vice President Kamala Harris’ so-called “honeymoon” period is coming to an end after a crucial week after she became the Democratic Party’s de facto nominee without winning a single vote in a presidential primary during her infamous political career. Harris will now have to defend her far-left record, the failures of the Biden-Harris administration and […]

IMF lowers outlook for US economy while warning of slower disinflation

The International Monetary Fund on Tuesday lowered its forecast for the U.S. economy in 2024 by 0.1 percentage point, putting annual growth at 2.6 percent. The firm maintained its forecast for global economic growth this year at 3.2% and raised its forecast for 2025 to 3.3% from 3.2% predicted in April. The international financial institution […]