Florist Betty Sejas arranges red roses at Company Flowers in Arlington, Virginia, on Feb. 8, 2022. Saul Loeb | AFP | Getty Images Not even Cupid is immune from inflation’s sting this Valentine’s Day. As consumer prices climb to historic highs, nearly all of the trappings of Feb. 14 cost more in 2022. The average price
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Artur Widak | NurPhoto | Getty Images The bitcoin narrative could be tested this week as investors monitor tense developments between Ukraine and Russia and weigh the possibility of the Federal Reserve hiking interest rates by 50 basis points, or 0.5 percentage point, in March. The largest cryptocurrency by market capital currency has long been
Jose Luis Pelaez Inc Finding a competitive interest rate on your emergency savings has become even more difficult amid record high inflation. But there is good news. The Federal Reserve is expected to begin raising interest rates. When they do, that will kick up the interest you can earn on your cash. Some accounts may
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Joe Raedle | Getty Images News | Getty Images The latest Consumer Price Index reading, the highest in four decades, isn’t the only sign that inflation is extending rather than giving up its hold over the U.S. economy in 2022. An increasing number of American small businesses say they are now passing on higher costs
St. Louis Federal Reserve President James Bullard made his case for a rapid move higher in interest rates, saying Monday that the central bank needs to react to accelerating inflation. “I do think we need to front-load more of our planned removal of accommodation than we would have previously. We’ve been surprised to the upside
LONDON — The ramifications of the Industrial Revolution, which had its roots in 18th-century Britain, were huge. Britain’s abundance of coal — as well as the ease with which it could be accessed — was a crucial ingredient in this historical turning point, powering the steam engines which helped drive society’s transformation. But things have
In this article GM Chevrolet rebooted and updated the introduction sequence of the HBO show “The Sopranos” for a surprise Super Bowl ad for its new electric Silverado pickup truck. Chevrolet Chevrolet rebooted and updated the introduction sequence of the HBO show “The Sopranos” for a surprise Super Bowl ad for its new electric Silverado
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, January 18, 2022. Brendan McDermid | Reuters Stock futures dipped slightly Sunday evening as investors continued to monitor the developing tension between Ukraine and Russia and potential Fed rate hikes. Futures tied to the Dow Jones Industrial Average inched
Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David Paul Morris | Bloomberg | Getty Images Oil prices jumped in afternoon trading Friday amid escalating tensions between Ukraine and Russia, with the U.K. advising British nationals to leave Ukraine immediately. A Downing Street spokesperson also
In this article PRU Willie B. Thomas | DigitalVision | Getty Images Thought saving for retirement was hard? Spending that money — and ensuring it lasts through old age — is even harder. It may not sound tough at first blush. But consider all the unknowns: how long you’ll live; the need for costly health
In this article ON SNAP RIOT SPOT LYFT Reuters Investors kicked off 2022 in a swirl of uncertainty, including the Federal Reserve’s move to tighten monetary policy, rising inflation and tension between Russia and Ukraine. Indeed, these factors so unsettled the market, the major indexes ended the prior week firmly in negative territory. Finding long-term
Passengers board an Airbus passenger jet operated by Icelandic low-fare carrier Play. Play Startup low-fare Icelandic airline Play announced new transatlantic service out of a third U.S. airport, Stewart International in New Windsor, New York, to begin June 9. (Stewart lies about 65 miles north of New York City.) Play, which launched last July with
In this article KO DIS GOOS-CA TWTR TPR UBER Check out the companies making headlines before the bell: Coca-Cola (KO) – Coca-Cola shares added 1.3% in the premarket after the company beat estimates by 4 cents with adjusted quarterly earnings of 45 cents per share. Revenue also beat Wall Street forecasts, and Coca-Cola projects commodity
Deborah Gladney, 34, and Angela Muhwezi-Hall, 32, are part of a small but growing club of million-dollar Black female founders. The sisters are the creators behind QuickHire, a hiring platform that connects workers to service and skilled-trade jobs. In November, QuickHire raised $1.41 million in an oversubscribed round of funding, making Gladney and Muhwezi-Hall the
Societe Generale beat analyst expectations on Thursday, posting its highest ever profit in 2021. The lender reported a net income of 5.64 billion euros ($6.44 billion) for the full year 2021. Analysts had expected net income to come in at 4.4 billion euros for the period, according to Refinitiv. Looking at just the quarterly numbers, the
In this article MAT UBER KO DIS A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Coca-Cola – Shares of beverage giant rose 1%
A vaccinator draws a Pfizer-BioNTech coronavirus disease (COVID-19) pediatric vaccine in Lansdale, Pennsylvania, U.S., December 5, 2021. Hannah Beier | Reuters Parents of children under 5 will have to wait until at least April to get their kids vaccinated against Covid-19, after the Food and Drug Administration and Pfizer this week abruptly delayed plans to
In this article DHER-DE The logo of German food delivery service Delivery Hero. Sean Gallup | Getty Images European food delivery firm Delivery Hero saw its share price plunge Thursday after announcing earnings guidance that disappointed traders. The Germany-based company said it generated 9.6 billion euros ($11 billion) in gross sales volume in the fourth
Primary co-founders and co-CEOs Cristina Carbonell and Galyn Bernard shifted the online children’s clothing retailer to a four-day workweek during the pandemic and have no plans to go back to the longer week. Courtesy: Primary Millions of Americans are quitting their jobs and rethinking what they want when it comes to work and work-life balance.