Business

Every fall for more than a decade Town Hall has produced an annual Financial Indicators Report which has been used to kick off the preparation of a town budget for the coming fiscal year. While calling out challenges such as revenue limits imposed by Proposition 2 ½ and decreasing real-dollar state aid, the general tone of the presentation has emphasized Amherst’s strong financial position and effective management team. The Financial Indicators for FY27 presented by Town Manager Paul Bockelman and Finance Director Sean Mangano at the November 3 joint gathering of the Amherst Town Council, Finance Committee, School Committee and Jones Library Board of Trustees followed the pattern.  Observers of the presentation may have come away with the impression that Amherst’s finances are on cru...

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Presdent Trump has said most Americans can expect to get a "dividend" from tariffs of $2,000 or more, as the levies generate a surge in revenue. That payoff could come in the form of the tax cuts laid out in the economic policy bill passed earlier in 2025, Treasury Secretary Scott Bessent suggested. On Sunday, Trump took to social media to say: "A dividend of at least $2,000 a person (not including high income people!) will be paid to everyone," in a post that began: "People that are against Tariffs are FOOLS!" Speaking to ABC later, Bessent stressed he hadn’t talked to the president but speculated the $2,000 dividend "could be just the tax decreases that we are seeing on the president’s agenda." The comments follow Trump's back and forth with reporters on Thursday in the Oval O...

Image Source: Getty Images This article is part of the essay series: "Expectations from COP30" The Paris Agreement’s vision hinges on effective support to developing countries through climate finance and technology transfer, as enshrined in Articles 9 and 10. Yet, a glaring implementation gap persists between lofty pledges and delivered support. Developed nations’ promise to mobilise US$100 billion annually by 2020 was not met, and now the goal has tripled to US$300 billion annually by 2035. This “broken political compact” has eroded trust. Without sufficient, predictable funding, developing countries like India are forced to divert domestic resources to climate action, straining their capacities. India’s stance heading into COP30 emphasises that climate finance must be...

After another jam-packed week of news and earnings, the earnings and economic calendar suggests a tamer five-day stretch awaits investors in the week ahead. Tech stocks this past week had one of their worst stretches of the year, with declines in Palantir (PLTR) and Nvidia (NVDA) leading the tech-heavy Nasdaq to a 3% decline. The index posted its worst week since "Liberation Day," despite staging a late-session comeback on Friday. The S&P 500 (^GSPC) fell 1.7% for the week, and the Dow (^DJI) lost closer to 1.3%. A weekend Senate vote lifted optimism for an end to the US government shutdown, which officially became the longest on record last week and is poised to extend into a sixth week. While the stoppage continues to crimp US government data releases, private industry sources...

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SAN FRANCISCO, Nov. 10, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART) today released financial results for its third quarter ended September 30, 2025. These financial results are available within Instacart's third quarter 2025 Shareholder Letter, which can be found on the company's Investor Relations website at https://investors.instacart.com/. Instacart management will host a conference call to discuss the company's results at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time) today. An audio webcast of the conference call will be available on the company's Investor Relations website at https://investors.instacart.com/. About Instacart Instacart, the leading grocery technology company in North America, works with grocers and retailers to transform how people shop. The company partners with...

Total revenue of $111.7 million, an increase of 45% in total and 9% organically year-over-year from $77.0M in Q2 FY25. Services revenue of $89.3 million, an increase of 57% in total and 12% organically year-over-year from $56.7 million in Q2 FY25. Gross profit of $62.6 million, an increase of 11% sequentially from $56.5 million in Q1 FY26. Raising FY26 total revenue guidance to $435-$445 million from $430-$440 million. WOODCLIFF LAKE, N.J., Nov. 10, 2025 /PRNewswire/ -- Powerfleet, Inc. ("Powerfleet" or the "Company") (Nasdaq: AIOT) reported its financial results for the second quarter ended September 30, 2025. MANAGEMENT COMMENTARY: "Q2 was a defining quarter for Powerfleet, marked by record revenue and strong performance across key financial and operational metrics," said Stev...

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Our 2025 Ideal Employer report, based on over 15,000 responses to our global survey, is out. We had a clear winner: JPMorgan. But the data had a deeper story to tell.Click here to register your interest in entering the bubble by eFinancialCareers, our new anonymous community. ✍️We also asked all of our survey respondents whether or not they had worked for their chosen Ideal Employer before (or currently). Many did, and some interesting patterns emerged among those that did and those that did not.Like last year, Ideal Employers are overwhelmingly aspirational - most people have not worked for the employers they voted for. Just 28% of respondents to our survey said their Ideal Employers were organizations they’re working for now or had worked for in the past.However, respondents were more li...