• Mar 17, 2025

Elite Colleges in Trump’s Crosshairs Rush to Bond Market at Record Pace

(Bloomberg) -- America’s most prestigious colleges are rushing to the debt market at the fastest pace on record, locking in financing while they can to pay for campus projects or refinance debt against a backdrop of tax and funding threats. Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressThe Dark Prophet of Car-Clogged CitiesSaving the Signa

  • Mar 17, 2025

Robinhood Unveils Prediction Markets Hub for US Retail Traders

(Bloomberg) -- Robinhood Markets Inc. is unveiling a hub inside its popular app for retail traders to bet on the likelihood of certain event outcomes.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressThe Dark Prophet of Car-Clogged CitiesSaving the Signature Sound of Washington, DCPrediction markets have grown in popularity among investors, sp

  • Mar 17, 2025

Americans increased spending tepidly last month as anxiety over the economy takes hold

U.S. shoppers stepped up their spending just a bit in February after a sharp pullback the previous month, signaling that Americans are shopping more cautiously as concerns about the direction of the economy mount. Retail sales rose just 0.2% in February, a small rebound after a sharp drop of 1.2% in January, the Commerce Department said Monday. Sales rose at grocery stores, home and garden stores, and online retailers.

  • Mar 17, 2025

US retail sales rise slightly as economic uncertainty mounts

WASHINGTON (Reuters) -U.S. retail sales rebounded marginally in February as consumers pulled back on discretionary spending, reinforcing the growing uncertainty over the economy against the backdrop of tariffs and mass firings of federal government workers. Nonetheless, the report from the Commerce Department on Monday suggested that the economy continued to grow in the first quarter, though at a moderate pace. It sketched a picture of a cautious consumer, with sales at restaurants and bars declining by the most in 13 months amid deteriorating sentiment.

  • Mar 17, 2025

Inspired’s (NASDAQ:INSE) Q4 Sales Top Estimates

Gaming company Inspired (NASDAQ:INSE) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 2.2% year on year to $83 million. Its non-GAAP profit of $0.16 per share was 6.7% above analysts’ consensus estimates.