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  • Apr 30, 2025

Trump says 'be patient' as US economy contracts on tariff disruption

U.S. President Donald Trump said on Wednesday that Americans should be patient in the face of a first quarter economic contraction, arguing that his tariffs would eventually lead to a boom in the U.S. economy. The economy shrank in the first quarter, weighed down by a deluge of goods imported by businesses eager to avoid higher costs, underscoring the disruptive nature of Trump's often chaotic tariff policy. Republican Trump blamed his Democratic predecessor, Joe Biden, for the poor showing.

  • Apr 30, 2025

Masterclass Recap: How to Go Direct and Ditch the Spot Market (Part 1)

Let’s be honest. If you’re still relying solely on the spot market to run your business in 2025, you’re not building a business—you’re gambling with your livelihood. I’ve said it before and I’ll say it again: The spot market load board is not a business model. It’s a temporary solution. In a recent Playbook Masterclass, […] The post Masterclass Recap: How to Go Direct and Ditch the Spot Market (Part 1) appeared first on FreightWaves.

  • Apr 30, 2025

Humana (NYSE:HUM) Posts Q1 Sales In Line With Estimates, Stock Soars

Health insurance company Humana (NYSE:HUM) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 8.4% year on year to $32.11 billion. The company’s full-year revenue guidance of $127 billion at the midpoint came in 0.7% above analysts’ estimates. Its GAAP profit of $10.30 per share was 3.4% above analysts’ consensus estimates.

  • Apr 30, 2025

Instant View: Tame March PCE inflation no salve after downbeat Q1 US GDP report

Economists polled by Reuters had forecast consumer spending would rise 0.5% after a previously reported 0.4% increase in February. The data was included in the advance gross domestic product report for the first quarter that was published earlier on Wednesday, which showed GDP contracted at a 0.3% annualized rate last quarter, weighed down by a record surge in imports. President Donald Trump's sweeping tariffs have fanned fears the economy is facing a period of tepid growth, even recession, and high inflation, commonly referred to as stagflation.

  • Apr 30, 2025

Newmark’s (NASDAQ:NMRK) Q1: Strong Sales

Real estate services firm Newmark (NASDAQ:NMRK) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 21.8% year on year to $665.5 million. The company expects the full year’s revenue to be around $3 billion, close to analysts’ estimates. Its non-GAAP profit of $0.21 per share was 12.9% above analysts’ consensus estimates.

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