US first quarter GDP slows more than expected, but inflation keeps rising
The latest GDP statistics show that the economy remains strong, but growth is slowing. (iStock) US gross domestic product (GDP) fell faster than expected first quarterBut a key measure used by the Federal Reserve to measure inflation continued to rise, according to the Bureau of Economic Analysis (BEA). Real GDP grew at an annualized rate […]
Deutsche Bank reports 10% profit rise in first quarter, beating expectations – CNBC
Deutsche Bank AG headquarters in the financial district of Frankfurt, Germany, Thursday, February 1, 2024. Bloomberg | Bloomberg | Getty Images Deutsche Bank on Thursday reported a 10% rise in first-quarter profit, beating expectations as the investment banking unit continues to recover. Net income attributable to shareholders came in at 1.275 billion euros ($1.365 billion), […]
Tesla Stock Surges Despite Dismal Quarter as Elon Musk Promises Affordable EVs by 2025
Tesla shares rose after CEO Elon Musk announced that the company aims to begin producing affordable electric vehicle models by early 2025, or perhaps later this year. Shares rose about 12% in premarket trading Wednesday. This recovery came despite dismal earnings, including a 55% drop in first-quarter net income. CNBC report Despite Tesla’s disastrous first […]
Tesla reports 9 percent dip in first quarter revenue
Electric vehicle (EV) company Tesla on Tuesday announced that first-quarter sales fell 9% from a year earlier. The sales decline is Tesla’s biggest since 2012, as the company faces declining sales and increased competition. Tesla cut the prices of three of its best-selling cars (Model X, Model Y, and Model S) by $2,000 each on […]
Apple’s iPhone sales in China fell 19% last quarter
Apple’s iPhone sales in China fell 19% in the first three months of this year, its worst performance since the start of the pandemic in 2020, and the tech giant lost its position as the best-selling phone in the key market. The Cupertino, California-based company’s share of the world’s largest smartphone market fell to 15.7% […]
Pro-Israel Dem Challengers Rake In More Cash Than ‘Squad’ Members In First Fundraising Quarter Of 2024
Two pro-Israel Democratic challengers to left-wing “squad” members Jamaal Bowman of New York and Cori Bush of Missouri raised more cash than the incumbents in 2024’s first quarter, according to the latest campaign finance reports. Westchester County Executive George Latimer brought in $2.2 million between Jan. 1 and March 31 compared to Bowman‘s $1.3 million, […]
Tester reelection campaign raises $8 million in first quarter
Democratic Sen. Jon Tester of Montena announced Monday that his campaign raised more than $8 million in the first quarter of this year, as the incumbent fights to keep his Senate seat in the red-leaning state. did. The campaign said the numbers set a record for first-quarter fundraising in a Montana Senate race. Tester is […]
Fox News tops cable news ratings for 66th straight quarter
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Mucarsel-Powell raises over $3.5 million in first quarter in Florida Senate race
Florida State Senate candidate and former Representative Debbie Mucarsel Powell (D) said her campaign has raised more than $3.5 million in the first quarter of 2024 since the state’s recent Supreme Court ruling on abortion. , said it had attracted more than 5,000 new donors. His campaign said Mucarsel Powell’s bid received nearly 90,000 donations […]
Kari Lake Tops $4 Million In First Fundraising Quarter Of 2024
Arizona Republican Senate candidate Kari Lake has brought in $4.1 million in fundraising for the first quarter of 2024, her campaign announced Sunday. Lake’s yield is about twice hers raised Her campaign says she currently has $2.5 million in cash. His Republican opponent, Democratic Rep. Ruben Gallego, announced On April 2, it was announced that […]