WASHINGTON, DC – MARCH 14: Prices for gas at an Exxon gas station on Capitol Hill are seen March 14, … [+] 2022 in Washington, DC. The cost of gasoline continues to rise across the globe a...
Tag: Holiday
Biden’s gas tax holiday might only save you $6 a month — and leave a real ‘mess’ behind
Biden’s gas tax holiday might only save you $6 a month — and leave a real ‘mess’ behind President Joe Biden is urging Congress to pause the gas and diesel taxes for three months thro...
Biden’s Gas Tax Holiday Just A Drop In The Bucket? [Infographic]
Gasoline and diesel might soon reach U.S. gas stations free of federal taxes. A corresponding proposal was put forward yesterday by the Biden administration and would have to be decided upon by Congre...
Biden Calls On Congress To Approve Three-Month Gas Tax Holiday
Topline President Joe Biden called on Congress to suspend the federal gas tax for three months early on Wednesday, a move that the White House hopes will help ease some of the pain caused by high gas ...
Why A Gas Tax Holiday Probably Won’t Work
NEW YORK, NEW YORK – JUNE 01: A man fills up his motorcycle at a Manhattan gas station on June 01, … [+] 2022 in New York City. New York has suspended its gasoline tax beginning today for ...
Biden gas holiday ‘only going to fuel the demand’
Target (TGT) CEO Brian Cornell isn’t convinced that a potential federal gas tax holiday, an idea floated by President Biden on Monday, is a real solution to the elevated gas prices facing driver...
Asian markets mostly fall ahead of U.S. holiday
TOKYO (AP) — Asian markets were mostly lower in cautious trading Monday ahead of a federal holiday in the U.S. Worries over inflation and risks of a global recession from central bank efforts to bring...
USD strength is killing me as I holiday in Ecuador
I’ve never lived in the USA. I work for an English company (British Pounds), grew up in Ireland (euro) and live in Colombia (Colombian Pesos). This is relevant because I want to discuss the strength o...
U.S. stock futures rise in holiday trade as Shanghai sets reopening plans
U.S. stock futures rose on Monday in light holiday volume, helped by plans from the world’s number-two economy to lift some restrictions as it fights COVID more aggressively than the rest of the world...
The CW Orders Holiday Movie ‘The Waltons’ Thanksgiving’
Specials — “The Waltons’ Homecoming” — Pictured (L – R): Bellamy Young as Olivia Walton, Christian … [+] Finlayson as Jason Walton, Logan Shroyer as John Boy Walton, Ben Lawson as Jo...
How Bad Are Supply-Chain Delays? So Bad That Companies Are Already Placing Holiday Orders
It still takes an average of 80 to 90 days for items to be transported to the U.S. from Asia, double a previous range of 40 to 50 days. © 2021 Bloomberg Finance LP Plagued by problems from last year t...
S&P 500 Futures Choppy in Holiday Trading
The S&P 500 has shown itself to be noisy in the futures market heading through the holiday, as we see a lot of uncertainty around the world. All things been equal, the market would see quite a bit...
Gas Tax Holiday Could Backfire On Democrats
Gasoline prices are displayed at a station Friday, Dec. 10, 2021, in Shoreline, Wash. Prices for … [+] U.S. consumers jumped 7.5% in recent months as surging costs for food, energy, housing, aut...
Democrats Propose Gas Tax Holiday
Against a background of surging gasoline prices at the beginning of an election year, a group of Democratic lawmakers are calling for a suspension of the federal gas tax for the rest of 2022. The Gas ...
China’s holiday box office plunges theaters raise movie ticket prices
Moviegoers line up in front of promotional posters for Chinese Lunar New Year films in Shanghai on Feb. 1, 2022. Costfoto | Future Publishing | Getty Images BEIJING — Chinese consumer spending on movi...
Columbia CEO Boyle says early holiday shopping helped boost Q4 profits
Columbia Sportswear’s strong fourth-quarter profitability was helped by consumers starting their holiday shopping earlier than years past, CEO Tim Boyle told CNBC’s Jim Cramer on Friday. S...
Amazon holiday earnings blow away expectations (thanks to Rivian), stock spikes
Amazon.com Inc. executives thought that supply-chain and staffing concerns could wipe away their holiday profit. They were wrong. Amazon AMZN, -7.81% reported fourth-quarter profit of $14.3 billion, o...
Apple to report earnings today, revealing its holiday sales amid chip shortage
Apple (AAPL) will report its Q1 earnings after the closing bell on Thursday, giving analysts and investors their first look at the tech giant’s sales through the prior holiday season. The report also ...
China zero-Covid lockdowns, CNY holiday impact supply chains, ports
Streets in Tianjin, China, empty out on Jan. 10, 2022, as the city enters partial lockdown following a spike in omicron cases. Geno Hou | Future Publishing | Getty Images Covid lockdowns, quarantines ...
Signet Jewelers Hit On All Cylinders In Holiday 2021, Growing Sales By 30%
Luxury Present. Smiling Black Young Lady Receiving Golden Pendant Necklace With Diamond For Holiday. … [+] Happy Lovely Couple Celebrating St Valentine’s Day, Anniversary, Engagement Or Bi...
Sweet-Toothed Shoppers More Than Doubled British Chocolatier’s U.S. Holiday Sales
The U.S. led pre-holidays growth for Hotel Chocolat. (photo by Mike Kemp/In PIctures via Getty … [+] Images) In Pictures via Getty Images A digital-focused strategy delivered growth of 150% over...
Bitcoin Is Off on US Holiday and Could Fall Further
Pankaj Balani, CEO of the crypto derivatives exchange Delta Exchange, said that bitcoin is vulnerable to falling further because buying demand is absent. “We are not seeing any bottom fishing at...
Inflation fuels holiday online sales to record $204 billion: Adobe
A worker moves boxes of goods to be scanned and sent to delivery trucks during operations on Cyber Monday at Amazon’s fulfillment center in Robbinsville, New Jersey, November 29, 2021. Mike Sega...
Retailers’ Next Headache? Odds Favor A Post-Holiday Recession
Big sale tag announcement at clothes shop. getty Just when things were looking up — consumer spending so far this season has been strong, profit margins are widening, COVID rates seemed to be declinin...
Target Holiday Traffic Increases Surpassed Walmart and Best Buy
Target showed increased holiday traffic counts compared to 2019 in the final countdown to Christmas, … [+] beating both Walmart and Best Buy which were both in negative territory. Getty Images W...
Airline stocks surge despite thousands of holiday flight cancellations
Airline pilots walk through the Ronald Reagan Washington National Airport on December 27, 2021 in Arlington, Virginia. Anna Moneymaker | Getty Images Airline investors shrugged off thousands of U.S. f...
Record-Breaking Holiday Means A Record-Breaking Deluge Of Returns For Retailers
“Returns will become the next retail competitive service differentiator,” says Sucharita Kodali, … [+] Forrester. getty Early results are in and holiday retail sales increased 8.5% y...
U.S. Flight Cancellations Hit New Holiday Peak—More Than 2,400 Scrapped On New Year’s Day
Topline The United States saw 2,404 flight cancellations on Saturday, a new peak this holiday season that is still rising as poor weather conditions and staff shortages due to the coronavirus’ omicron...