Health workers wearing protective gear as a measure against the Covid-19 coronavirus walk down a street in Jing’an district in Shanghai on March 26, 2022. Hector Retamal | Afp | Getty Images BEI...
Tag: business news
what to expect in Melbourne, Sydney
Australia’s rigid pandemic border policies led some to wonder if international travelers would still want to visit. It appears they do. Four weeks after the country opened to vaccinated visitors...
Stock futures are little changed ahead of a big week of economic data
Traders on the floor of the NYSE, March 25, 2022. Source: NYSE Stock futures were little changed Sunday evening as investors look ahead to a series of key economic reports and continue to keep a close...
Britain to reveal stablecoin regulation plans, sources say
A visual representation of Bitcoin. Edward Smith | Getty Images LONDON — The U.K. government will soon reveal plans to regulate the cryptocurrency market, focusing on a fast-growing type of token know...
Perez claims pole; Schumacher ‘physically fine’ after crash
Pole position qualifier Sergio Perez of Mexico and Oracle Red Bull Racing celebrates in parc ferme during qualifying ahead of the F1 Grand Prix of Saudi Arabia at the Jeddah Corniche Circuit on March ...
Companies bet employee benefits will help them in ‘Great Reshuffle’
Paul Bradbury | OJO Images | Getty Images Millions of Americans are quitting their jobs and rethinking what they want when it comes to work and work-life balance. Companies are responding, meeting the...
How to avoid a tax filing rejection if last year’s return is pending
Drakula & Co. | Moment | Getty Images The IRS is backlogged and still sifting through tens of millions of pending returns, including many of last year’s filings. If your 2020 return is part ...
Stem cells may finally offer a cure for Type 1 diabetes
There are 537 million people around the world living with diabetes. And that number is growing. When people have Type 1 diabetes, the immune system attacks and destroys the beta cells in the pancreas...
Mortgage rate soars closer to 5% in its second huge jump this week
The rate for the most common kind of mortgage just surged again. The average rate on the 30-year fixed mortgage shot significantly higher Friday, rising 24 basis points to 4.95%, according to Mortgage...
Home sales fall in February ahead of key spring selling season
A home with a sign indicating that it is under contract to be sold is seen in a neighborhood of downtown Washington. Jim Bourg | Reuters In a grim sign for the housing market’s busiest season, p...
Constellation Energy is a safe buy among nuclear energy stocks, Jim Cramer says
Constellation Energy is a safety pick among nuclear energy stocks whose time to shine on Wall Street has finally come, CNBC’s Jim Cramer said Friday. “When the [Federal Reserve’s] ti...
Tight March labor report could lead Fed to a 50-basis point rate hike
CNBC’s Jim Cramer on Friday warned that a 50-basis point rate hike could be coming if the March labor report set to be released next Friday reveals a tighter-than-ever job market. “I fear ...
I like Bank of America
Bank of America Corp: “It’s one of these companies that is not expensive with very good management that I want to own.” Alcoa Corp: “This thing is up in a straight line. …...
JetBlue urges flight attendants to accept assignments as it races to hire 700 people
JetBlue planes at New York’s John F. Kennedy International Airport Leslie Josephs | CNBC JetBlue Airways on Friday urged patience from its flight attendants as it races to hire hundreds of new e...
NFL overtime rule change has momentum, executive says
Buffalo Bills quarterback Josh Allen (17) runs the ball during the AFC Divisional Round playoff game against the Kansas City Chiefs on January 23rd, 2022 at Arrowhead Stadium in Kansas City, Missouri....
Discount airfares rising thanks to higher fuel costs, demand, Frontier CEO says
Travelers can expect higher airfares this spring and summer, even on discount airlines. Frontier Airlines CEO Barry Biffle told CNBC’s “Closing Bell” Friday that bookings and what tr...
Second Starbucks location in Mesa, Arizona, votes to unionize
A pro-union poster is seen on a lamp pole outside Starbucks’ Broadway and Denny location in Seattle’s Seattle’s Capitol Hill neighborhood on March 22, 2022. Toby Scott | Sopa Images ...
Vanguard reclaims top target-date fund manager spot it lost in 2020
Thomas Barwick | Digitalvision | Getty Images Vanguard Group captured the most new investor money in its target-date funds last year relative to other asset managers, reclaiming the top spot it’...
Bed Bath & Beyond, Nio, Joby Aviation, Teva & more
A person enters a Bed Bath & Beyond store in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in midday trading Friday. Bed Ba...
Sen. Tammy Baldwin urges Kohl’s to reject bids threatening jobs in Wisconsin
A view outside a Kohl’s store in Miramar, Florida. Johnny Louis | Getty Images A U.S. senator from Wisconsin is urging Kohl’s to not accept any buyout offer that might precede a bankruptcy...
GM to halt pickup truck production in Indiana due to chip shortage
Trucks come off the assembly line at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018. John Gress | Reuters DETROIT – General Motors will halt pi...
FAA will keep ‘zero tolerance’ policy toward unruly passengers, outgoing chief says
Federal Aviation Administration chief Steve Dickson said Friday that the agency’s “zero tolerance” policy toward unruly passengers will continue, even though reports of bad behavior ...
Treasury Secretary Yellen says Russian oligarch Abramovich ‘could face sanctions’ by U.S.
Chelsea owner Roman Abramovich looks on after their 3-1 win in the Barclays Premier League match between Chelsea and Sunderland at Stamford Bridge on December 19, 2015 in London, England. Clive Mason ...
Bed Bath & Beyond stock jumps after deal with activist investor Ryan Cohen
A person enters a Bed Bath & Beyond store in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Bed Bath & Beyond announced Friday that it has struck a deal with act...
57% of U.S. households paid no federal income tax in 2021: Study
More than half of American households paid no federal income tax last year due to Covid-relief funds, tax credits and stimulus, according to a new report. The nonpartisan Tax Policy Center estimates t...
How to take a sabbatical even if your company doesn’t offer one
Katherine Ullman spent part of her sabbatical in Colombia. Courtesy: Katherine Ullman Katherine Ullman was burned out from working intensely during the Covid-19 pandemic and was questioning her next c...
Meet the women who are shaking up the male-dominated gambling industry
Amy Howe knows how to grab headlines. Soon after she became CEO of fantasy sports and betting giant FanDuel Group, Howe made a splash by pointing out that the she was concerned about how the industry ...
Bed, Bath & Beyond, Nio, Honest Company and others
Check out the companies making headlines before the bell: Cannabis stocks – Shares of marijuana producers are extending a Thursday rally in the premarket, following an industry publication’s rep...
7 Academy Awards milestones, storylines to watch
Ariana DeBose stars as Anita in Steven Spielberg’s new “West Side Story” movie. 20th Century Studios LOS ANGELES – Hollywood’s biggest night is Sunday, and there could be plent...