Friday, February 13

Business

Trump reportedly considers rolling back steel, aluminum tariffs
Business

Trump reportedly considers rolling back steel, aluminum tariffs

00:00 Speaker A President Trump may be rolling back some of his planned tariffs. According to the Financial Times, the president may be narrowing the scope of his steel and aluminum tariffs and our Washington correspondent Ben Worskill is with me now to discuss. You know, this follows the roll back of various sort of specific tariffs that we have been seeing gradually. So what do we know about this potential one and and the effect it could have? 00:23 Ben Worskill Yeah, so the you're right that this would be kind of the latest in a in a string of of tariff concessions from Trump, scaling back some of his tariffs in response to these affordability concerns that have emerged as a giant political issue. In terms of this one specifically, the debate here appears to be um ami...
White House crypto adviser discusses the CLARITY Act’s progress in the Senate
Business

White House crypto adviser discusses the CLARITY Act’s progress in the Senate

00:00 Speaker A Patrick, uh, welcome on Yahoo Finance. Good to see you here this morning. Let's start on that Clarity Act, because it's we heard a lot about it about it last night from uh Coinbase uh CEO uh Brian Armstrong on his earnings call. What is the status of this? 00:23 Speaker B So the status right now, the House passed the Clarity Act, their version of it last year, uh over to the house in July, I believe. And the Senate has taken it up and made its own changes to it and is uh fashioning their own version. We were able to pass half of the bill out of the Ag Committee that handles the CFTC portions. And now we're just stuck in the banking Committee uh for the SEC portions, the securities portions of that bill. So, uh there was a markup uh that was scheduled on I...
Rivian stock surges on EV delivery outlook, Pinterest plunges
Business

Rivian stock surges on EV delivery outlook, Pinterest plunges

00:00 Speaker A We are watching Rivian, Pinterest and Moderna. 00:03 Speaker A First up is Rivian. Shares are soaring after the EV maker reported better than expected fourth quarter results. 00:09 Speaker A Rivian also recorded its first ever annual gross profit after years of consistent losses. 00:15 Speaker A The company said it expects deliveries of its long awaited R2 mid-sized SUV in the second quarter. 00:21 Speaker A Investors are hoping the more affordable mid-sized vehicle could bring in a wider array of customers. 00:27 Speaker A If today's gains hold, the stock would nearly erase its year-to-date loss of 29%. 00:32 Speaker A Next is Pinterest, the stock plunging to its lowest level since 2020. 00:38 ...
Why Analysts See Intact Financial (TSX:IFC) Fair Value Shifting On Subtle Model Changes
Business

Why Analysts See Intact Financial (TSX:IFC) Fair Value Shifting On Subtle Model Changes

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. The latest update to Intact Financial’s story centers on a very small shift in the model fair value, with the estimate moving from C$319.92 to C$318.92 per share. Behind that, analysts have made modest tweaks to inputs like the discount rate and revenue growth outlook. Together, these adjustments point to a slightly more conservative stance without a wholesale rethink of the stock. Stay with this article to see how you can keep on top of these subtle price target moves as the narrative continues to evolve. Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value Intact Financial. 🐂...
Finance Director of Schools reports midyear FY26 budget status
Business

Finance Director of Schools reports midyear FY26 budget status

WESTFORD — Director of School Finance Jenny Lin delivered the fiscal year 2026 second-quarter financial report to the School Committee on Feb. 9. The district’s total FY26 budget is $69,388,572. As of December, actual expenditures and encumbrances totaled $67,732,033, leaving a projected available balance of about $1,656,538. That represents a projected 97.61% budget utilization by the end of the fiscal year. Lin reminded the committee that when the budget was finalized, several parts were under negotiation including school secretaries, education support professionals, custodian and maintenance staff and individual contract employees. Those costs were built into the compensation reserve, which has now been fully expended as planned. In the general fund operating budget, the combined Unit A...
Revenue and payer-mix pressures continue to weigh on long-term sustainability
Business

Revenue and payer-mix pressures continue to weigh on long-term sustainability

Hospitals have more uninsured patients or those covered by government programs with higher volumes not translating into stronger financial results. U.S. hospital financial performance stabilized in 2025, but underlying revenue and payer-mix pressures continue to weigh on long-term sustainability, according to Kaufman Hall’s latest National Hospital Flash Report.The report, produced using recurring monthly data from more than 1,300 hospitals tracked by Strata Decision Technology, describes 2025 as a “new normal” for hospital operations—marked by modestly improved margins compared with prior years, but growing structural challenges tied to patient mix and reimbursement.Patient volumes continued to rise across service lines during the year, with outpatient care remaining a key driver of growt...
How to look out financial scams while looking for love this Valentine’s Day
Business

How to look out financial scams while looking for love this Valentine’s Day

Valentine's Day isn't just for lovers; it's also a holiday where financial fraud spikes.Scams tied to love, gifts and loneliness can drain bank accounts, and security experts are warning people not to fall for hackers' tricks. Natasha Castillo from JPMorgan Chase educates New Yorkers about fraud. She's seen customers tricked into sending money to someone they've never met.People will ask for money to help their family or to visit the victim. "I feel like a lot of times they know," she said. "But maybe they're either in denial or embarrassed." But the shame is what scammers rely on, Castillo said.A criminal industry worth billionsThe romance scams have also become more complex and are no longer sloppy or obvious. Castillo warned she has seen a lot of impersonation with masked voices and pho...
Analysts Highlight Palantir’s (PLTR) Unique Software Financial Profile
Business

Analysts Highlight Palantir’s (PLTR) Unique Software Financial Profile

Palantir Technologies Inc. (NASDAQ:PLTR) ranks among the best high growth high margin stocks to buy now. On February 3, UBS reduced its price target for Palantir Technologies Inc. (NASDAQ:PLTR) to $180 from $205, while keeping a Neutral rating on the company’s shares. The revision follows what UBS claimed was the company’s “astounding” financial performance, which included 70% total revenue growth and 137% increase in U.S. commercial revenues on a level surpassing $2 billion. Palantir’s U.S. government operations, mainly Department of Defense deals, increased by 66% amid cost-cutting demands in the industry. According to UBS, Palantir’s financial success is unique in the software industry, since “no other public software company has financials close to that of Palantir.” Truis...
Do you think you’re saving enough for retirement? How readers voted
Business

Do you think you’re saving enough for retirement? How readers voted

Half of UK adults do not feel confident that they are saving enough for retirement, research from Which? has found. The findings, published on Monday, showed that 48% of adults said they do not know how much money would be required to have a comfortable retirement. That's based on a survey of 2,039 UK adults, which also found that 44% of respondents had put off thinking about retirement as it was too stressful. In fact, two-thirds of respondents said that they'd prefer to do other tasks – even those considered unpleasant or uncomfortable – over sitting down to sort out their pension. For instance, one in eight said they would rather go to the dentist than spend an hour planning their retirement. Read more: 5 questions to ask yourself when considering retirement Which? cited da...
Oracle Cloud selected as OHIO’s next HR and finance system
Business

Oracle Cloud selected as OHIO’s next HR and finance system

Oracle Cloud has been selected as the next platform for Ohio University’s human resources and finance enterprise resource planning (ERP) system following a comprehensive evaluation process. This system will replace Oracle E-Business Suite, which has been in place for more than 25 years. Oracle Cloud was selected based on the strength of its data, analytics and reporting capabilities, which are critical to improving insight and supporting data-informed decision-making across the institution. Equally important, Oracle’s product roadmap, continued investment and strong position in the broader market provide confidence that the platform will mature in ways aligned with OHIO’s long-term needs.The system also offers modern finance and HR capabilities within a framework familiar to many faculty a...