financial news, stocks, investing, and market trends, as well as stories on major companies and their leaders.
[colabot1] Georgieva says she had to work “twice as hard” to be equal to her male colleagues. Drew Angerer/Staff/Getty Images The International Monetary Fund has yet to see enough banks pull their loans for the US Federal Reserve to change course with its rate hike cycle. “We don’t see a significant slowdown in lending yet. …
IMF chief says there is no slowdown in US lending Read More »
[colabot1] Imaginima | E+ | Getty Images Oil prices jumped following the decision of Saudi Arabia, kingpin of OPEC, to cut production by another million barrels per day. On Sunday, the Organization of the Petroleum Exporting Countries and its partners – collectively known as OPEC+ – made no changes to its scheduled oil production cuts …
Oil prices soar after Saudi Arabia pledges to cut production Read More »
[colabot1] 10,000 Hours | Digital Vision | Getty Images A clear majority of Americans who do not identify as LGBTQ+ believe businesses should publicly support the community, according to a new survey by gay rights organization GLAAD. About 70% of more than 2,500 adults who do not identify as lesbian, gay, bisexual, transgender, queer or …
Consumers Say Businesses Should Support LGBTQ Community: GLAAD Survey Read More »
[colabot1] djelics | E+ | Getty Images Richelle Brooks’ budget is already tight. She doesn’t know what she’s going to do when federal student loan repayments resume in the fall. The single mother of two has seen all of her expenses increase in recent years amid high inflation. “I go to the grocery store and …
Student loan repayments will resume soon. Many borrowers are not ready Read More »
[colabot1] The Port of Long Beach and Seattle’s largest terminal operator told truckers on Sunday it would close Monday for day and night shifts, according to an email obtained by CNBC. Ports and workers are locked in an unofficial dispute over wages, as well as safety, automation and pension benefits. Email from TTI to trucking …
Terminal in Long Beach, Calif., hit by social unrest and will not open on Monday Read More »
[colabot1] Que diable s’est-il vraiment passé vendredi, lorsque le Dow Jones a bondi de 700 points sur une forte lecture de l’emploi ? Pourquoi une réaction aussi viscéralement positive face à un chiffre de l’emploi plus élevé que prévu ? Était-ce parce que les salaires n’avaient pas augmenté ? Était-ce parfait – un rapport Goldilocks ? …
Mon plan de match pour la semaine à venir après le rallye surprise de vendredi Read More »
[colabot1] Saudi Energy Minister Prince Abdulaziz bin Salman al-Saud arrives for the Organization of the Petroleum Exporting Countries (OPEC) meeting in Vienna on June 3, 2023. Joe Clamar | AFP | Getty Images The influential Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, made no changes to its planned oil …
[colabot1] Image from Sony’s “Spider-Man: Across the Spider-Verse”. sony Spider-Man returned to the big screen this weekend, grossing an estimated $120.5 million at the domestic box office. sony “Spider-Man: Across the Spider-Verse,” the highly anticipated sequel to Oscar-winning “Spider-Man: Into the Spider-Verse,” had the second-biggest opening of 2023, second only to Universal “Super Mario Bros. …
Through the Spider-Verse Domestic Box Office Opening Read More »
[colabot1] A man carrying a box leaves a Deutsche Bank office in London, Britain July 8, 2019. Simon Dawson | Reuters Despite the disruptions caused by the pandemic, the services sector has continued to grow over the past decade, providing investment opportunities. TipRanks recognized the top 10 service industry analysts for identifying the best investment …
Tipranks Reveals the Top 10 Services Industry Analysts on Wall Street Read More »
[colabot1] Ford Mustang Mach-E vehicles at a Ford dealership in Colma, California, on July 22, 2022. Bloomberg | Getty Images After a home, buying a car is the most expensive purchase most consumers will ever make during their lifetime. The transition to electric vehicles by major auto makers is likely to make the process a …
How Ford, GM auto dealers are thinking about Detroit’s EV future Read More »
[colabot1] Beer isn’t as good as it used to be. Americans are drinking fewer beers and the sector is steadily losing market share to spirits. Brewing companies, faced with rising operating costs in areas such as packaging and transport, have raised prices and made bigger profits, with consumers footing the bill. According data from the …
Here’s why beer prices are rising, according to our data Read More »
[colabot1] The generalized inflation that started about two years ago may not be so shocking to American consumers now. From April 2021 to March 2023, prices for consumer goods, from groceries to cars, increased by an average of 13%. Even though prices have stayed the same for some of your favorite items, you may have …
Costco hot dogs, AriZona iced tea and other inflation-resistant products Read More »
[colabot1] With its acquisition of Credit Suisse for $3.2 billion, UBS is poised to climb the ranks of global megabanks. UBS is no stranger to successful mergers. The modern company is made up of more than 370 legacy companies, including former domestic rivals. Amid major wars, Switzerland remained stable and neutral, becoming a haven for …
Why America’s Wealthy Love UBS, the Secret Swiss Banking Giant Read More »
[colabot1] The circle of winners on Wall Street widened — at least on Friday — as sleepier parts of the market like industrials propelled the Dow down 2%. Club name and stock Dow Caterpillar (CAT) was one of the leaders, up more than 8% and accounting for more than 100 points of the 700 point …
Caterpillar soared in Friday’s big stock market rally that went far beyond technology Read More »
[colabot1] Demand for lithium, a key component of electric vehicle batteries, is expected to rise from 500,000 metric tons of lithium carbonate in 2021 to three to four million metric tons in less than a decade, according to McKinsey & Company. Albemarle, the world’s largest producer of the critical metal and operator of mines in …
The rise of Albemarle, the world’s largest lithium producer Read More »
[colabot1] Pixdeluxe | E+ | Getty Images The three-year clock started the day after the funds were received, which means the deadline for many people is fast approaching. “I think the majority of the distributions were taken around that time until the end of [2020]said Sean Deviney, a certified financial planner based in Fort Lauderdale, …
Deadline to repay Covid-era 401(k), IRA withdrawals approaching Read More »
[colabot1] Pride month merchandise is displayed at a Target store on May 31, 2023 in San Francisco, California. Justin Sullivan | Getty Images Even before the start of Pride month, it looks like the season is open for businesses celebrating the LGBTQ community. One by one, businesses have come under increasing attack. Anheuser-Busch, Target, Kohls …
What Target, Anheuser-Busch and others should expect next Read More »
[colabot1] You may think it’s worth sacrificing vacations, family time, and sleep for your career, especially if it leads to a raise or promotion. It will also make you much more unhappy, says former US President Barack Obama. “What you want is a balance”, Obama says LinkedIn News‘ ‘It Works’ podcast on Thursday. “Young people …
Barack Obama gives advice to his daughters on success, happiness Read More »
[colabot1] Living longer has been linked to many behaviors like healthy eating and regular physical activity, but can a person’s personality also play a role? “Ikigai: the Japanese secret to a long and happy life“, one of the most popular books on longevity, sheds light on the practices of “blue zones”, areas where some of …
[colabot1] Jade Weatherington, 36, had been teaching English for a long time on various websites when she created two courses on Outschool, an online lesson platform for children, in 2018. One was on arts and culture. craftsmanship and the other on mastering the five-paragraph essay. Business took a few months to pick up, but by …
A single mother earns $15,000/month and only works 10 hours a week Read More »