Russia indefinitely suspended natural gas flows to Europe via a key pipeline hours after the Group of Seven agreed to an oil price cap for Russian crude—two opposing blows exchanged between Moscow and...
Tag: Political
The Boss May Not Like It. But Millions of Workers Aren’t Coming Back to the Office.
Erin Li, a 29-year-old working for an advertising firm in Los Angeles, is looking for a new job that allows full-time remote work. Li is worried that her current employer will require her to work fro...
Europe Girds for Energy Market Turbulence After Russian Gas Cut
Listen to article (2 minutes) Governments in Sweden and Finland offered billions of dollars of guarantees to utilities to prevent a meltdown in energy trading when markets open Monday after Russia shu...
Enough, Bosses Say: This Fall, It Really Is Time to Get Back to the Office*
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Germany Agrees on Gas Relief Package for Businesses, Consumers
BERLIN—Germany unveiled its third energy crisis relief package this year to shield consumers from soaring prices over the winter, a day after Russia indefinitely suspended gas deliveries to Europe’s l...
ETF or mutual fund — which is better?
Q.: I have read that one should always use ETFs instead of regular mutual funds and I’ve read one should never use ETFs and read that it doesn’t matter. What is your viewpoint on funds v ETFs? —Ted in...
Compounding a disastrous year for Bitcoin and other cryptocurrency: IRS proposes controversial new question about digital assets
The Internal Revenue Service could have a potential head-scratcher of a question about your crypto investments and what’s taxable, according to a major accountants’ association. For two years, the IRS...
5 tips for retiring in a volatile market
Retiring is usually accompanied by celebrations and relaxation, but recent market volatility is adding a measure of doubt for those nearing or at the start of their retirement. That volatility, couple...
Chinese E-Commerce Companies Suffer as Economy Sours
Chinese consumers are cutting back on discretionary purchases and becoming more thrifty as the country’s economic slowdown drags on, impeding the once-inexorable growth of the country’s e-commerce com...
Wells Fargo Fined $22 Million for Alleged Whistleblower Retaliation
Wells Fargo & Co. was fined more than $22 million by the U.S. Labor Department for allegedly firing a senior manager in its commercial banking unit after the employee reported concerns about misco...
IRS Says It Exposed Some Confidential Taxpayer Data on Website
WASHINGTON—The Internal Revenue Service inadvertently posted what is normally confidential information involving about 120,000 individuals before discovering the error and removing the data from its w...
Opinion: The stock market is unrelentingly bearish but still nowhere close to triggering a ‘buy’ signal
The S&P 500 Index SPX, -1.07% has been in a bearish phase since the mid-summer rally fizzled out near 4,300 points. The declining 200-day moving average of the benchmark index happened to be close...
‘That was unheard of not long ago.’ This is what you should be earning on your savings account right now (and psst: many of you aren’t)
If you’re only saving $1,000 and your APY is 0.10%, that might not move the needle, however “if your savings is in the five figures or more, a higher APY could be more rewarding,” an expert said. Gett...
MicroStrategy’s Michael Saylor Sued for Alleged Tax Fraud in Washington, D.C.
By Vicky Ge Huang and Richard Rubin Aug. 31, 2022 6:17 pm ET Listen to article (2 minutes) The District of Columbia attorney general sued Michael Saylor, the founder and chairman of software intellige...
If you need one more reason why stocks will likely lose money in September, here it is.
Finally, investors have a good reason for why the U.S. stock market will suffer above-average volatility and below-average performance this month: It’s the Fed. I say “finally” because market analysts...
Sears Gets Green Light to Wrap Up Bankruptcy Case After 4 Years
A bankruptcy judge signed off on a $180 million settlement of a Sears Holdings Corp. creditor lawsuit against former Chairman Edward S. Lampert and other executives, clearing the final hurdle for the ...
NewAge Says Cost of Internal Probe Contributed to Bankruptcy
NewAge Inc., a publicly traded seller of beverages, supplements and other health and wellness products, said its bankruptcy filing is due in part to the cost of an investigation into a potential viola...
Celebrity Medicare Sales Pitches Are Toned Down After Scrutiny
If it’s football season, you can count on seeing Joe Namath on television, along with William Shatner and Jimmie “J J” Walker. They are the most prominent pitchmen for what has become an annual fall s...
New Political PAC Launches To Take Down Anti-LGBTQ Candidates
Topline A new political group, called Agenda PAC, will aim to take down anti-LGBTQ candidates in upcoming midterm races, according to the political strategists and Democratic lawmakers behind the orga...
‘Should I wait until the market calms down or pull the trigger now?’ I’m tired of my brokerage charging 1%, and I want to move my money now, but don’t want to lock in losses. What’s my move?
Is 1% too much to pay? Getty Images/iStockphoto Question: My current brokerage account charges 1% and also has high-priced funds so I’m thinking of moving my money. My question is should I wait until...
Opinion: The Alieno Unum is purported to be a 5,221-horsepower EV funded by its own crypto. We tried to get to the bottom of this $2.7 million hypercar.
The first Rimac Nevera was delivered to a customer last month, marking a historic moment in electric vehicles. The Croatian hypercar takes the crown as the most powerful (1,813 horsepower) and fastest...