Chair Powell Hint Bold Patience on Rate Cuts (Mar 07)
Federal Reserve Chair Jerome Powell delivered a speech at the University of Chicago Booth School of Business during the 2025 U.S. Monetary Policy Forum in New York. Powell emphasized the importance of patience regarding interest rate cuts. He said the central bank is not in a hurry to lower rates because there is still a […]
Costco Q2 Earnings: Strong Sales Growth but Missed EPS (2025)
Costco Wholesale Corporation is a well-known global retail giant with membership-only warehouse clubs. Founded in 1983 by James Sinegal and Jeffrey Brotman in Seattle, Washington, Costco now has over 890 locations worldwide. The company offers a variety of products, including groceries, electronics, and appliances, all at lower prices compared to traditional stores. Costco is also […]
February Unemployment Rate Rose (4.1%), Private Payrolls Surged
The unemployment rate is a measure of the percentage of the total labor force that is unemployed but actively seeking employment and willing to work. It’s a key indicator of the health of the labor market and the economy. For example, an unemployment rate of 4.2% means that 4.2% of the people who are able […]
Broadcom Q1 Earnings: Revenue Growth 25% (2025)
Broadcom is a prominent global player in the semiconductor and infrastructure software sectors. Founded in 1961, the company has significantly expanded through various mergers and acquisitions, including its notable integration with Avago Technologies and the former Broadcom Corporation. Headquartered in Palo Alto, California, Broadcom serves diverse markets such as data centers, networking, software, broadband, wireless, […]
