Category: Economy

Crypto prices rise on Election Day as investors an...

DO NEWSFEED Nov 6, 2024 0 66

Prices for cryptocurrency assets rose on Tuesday as investors anticipate the results of the U.S. election and what it could mean f...

Economy

Netflix shares hit record high after it rakes in m...

DO NEWSFEED Oct 19, 2024 0 69

In an upbeat set of results, the US streaming giant said it had 283m paying customers at the end of September.

Economy

MARKET REPORT: Future shares plummet after shock e...

DO NEWSFEED Oct 19, 2024 0 78

In an update that caught investors by surprise, the FTSE 250 firm said Jon Steinberg plans to step down next year to return to the...

Economy

ALEX BRUMMER: Tax hit for private investment in Bu...

DO NEWSFEED Oct 19, 2024 0 78

The flaw in Rachel Reeves' message is that piling tax increases on a recovering economy would crowd-out rather than crowd-in priva...

Economy

Boohoo paves way for break-up after boss steps dow...

DO NEWSFEED Oct 19, 2024 0 74

Chief executive John Lyttle revealed he will step down after five years running Boohoo, whose brands also include Oasis, Coast, Wa...

Economy

BP scales back green agenda with wind sale

DO NEWSFEED Oct 19, 2024 0 72

The London-listed oil major is on the hunt for partners for the business in the latest sign that boss Murray Auchincloss is wateri...

Economy

FEELING OVERWHELMED BY BILLS AND EXPENSES? TAKE OU...

doac, Banking Group Sep 28, 2024 0 170

Need financial help? Take a flexible loan from Doac Banking Group and pay in small, easy installments. Contact us at 09031633831 f...

Economy

White House urges dockworkers and East Coast ports...

DO NEWSFEED Sep 27, 2024 0 75

A government task force is ready to help minimize supply-chain disruptions in case of a prolonged East Coast port strike, Biden ad...

Economy

How Intel became a takeover target

DO NEWSFEED Sep 24, 2024 0 88

Intel has gone from the world's most valuable chipmaker to the target of a takeover bid, after a series of missteps in recent year...

Economy

FTC Chair Lina Khan defends merger and acquisition...

DO NEWSFEED Sep 24, 2024 0 69

Federal Trade Commission Chair Lina Khan defended the FTC's crackdown on mergers and acquisitions, arguing that her agency has to ...

Economy

Boeing makes 'final' offer of 30% wage increase to...

DO NEWSFEED Sep 24, 2024 0 80

Boeing is offering its striking union workers a 30% pay increase over a four-year period in what the company said was its "best an...

Economy

DOJ sues Visa over debit card market monopoly

DO NEWSFEED Sep 24, 2024 0 75

The Justice Department filed a lawsuit against Visa on Tuesday, alleging the financial services giant used its clout to maintain a...

Economy

Seeing Machines remains overlooked by market despi...

DO NEWSFEED Sep 23, 2024 0 92

In a trading update, Seeing Machines said revenues for the financial year to June 30 are expected to be in the $67.6 million ballp...

Economy

AstraZeneca breast cancer drug trial fails to exte...

DO NEWSFEED Sep 23, 2024 0 74

It said the drug did not 'achieve statistical significance' in terms of the survival rates of those suffering from breast cancer c...

Economy

How buy-to-let landlords selling up can recoup cap...

DO NEWSFEED Sep 23, 2024 0 77

The fear among buy-to-let owners is that the Chancellor, Rachel Reeves, will look towards CGT as part of her bid to fill a £22bill...

Economy

BUSINESS LIVE: REA ups Rightmove offer; Galliford ...

DO NEWSFEED Sep 23, 2024 0 87

Among the companies with reports and trading updates today are Rightmove, Galliford Try, Oxford Biomedica, AstraZeneca, Schroders,...

Economy

Galliford Try appointed to work on Southern Water'...

DO NEWSFEED Sep 23, 2024 0 72

The construction firm said it would work on the 'design and build' aspects, and as a mechanical and electrical contractor, for Wes...

Economy

New Starbucks CEO vows to make cafes "inviting pla...

DO NEWSFEED Sep 11, 2024 0 86

Former Chipotle CEO Brian Niccol says he'll work to reestablish the brand as the nation's "community coffeehouse."

Economy

Here are 3 key economic issues to watch for during...

DO NEWSFEED Sep 11, 2024 0 79

About 8 in 10 adults tell CBS News the economy is a major factor in their vote, outpacing abortion and climate change.

Economy

How DirecTV customers can watch the Harris-Trump d...

DO NEWSFEED Sep 11, 2024 0 81

DirecTV subscribers remain unable to access ABC News, ESPN and other Disney-owned content amid contract dispute.

Economy

Two-thirds of American millionaires don't consider...

DO NEWSFEED Sep 11, 2024 0 72

While two-thirds of millionaires don't consider themselves wealthy, a majority believe they are prepared for retirement.

Economy

Disney leak included personal information for some...

DO NEWSFEED Sep 6, 2024 0 77

Details about what was contained in a major Disney data leak from earlier this summer have been revealed by The Wall Street Journa...

Economy

Modelo and Corona parent company says weak wine de...

DO NEWSFEED Sep 6, 2024 0 72

Constellation Brands has been seeing soft demand in its wine and spirits segment, and the alcohol producer recently said it will w...

Economy

Boeing faces strike of about 32,000 workers

DO NEWSFEED Sep 6, 2024 0 75

Boeing is facing yet another challenge as 32,000 members of the IAM union are threatening to strike this month if a deal isn't rea...

Economy

BlockDAG latest crypto firm to score deal with maj...

DO NEWSFEED Sep 6, 2024 0 67

After several years of keeping a low profile, largely in part to the FTX scandal and conviction of Sam Bankman-Fried, crypto firms...

Economy

7-Eleven parent rejects acquisition proposal from ...

DO NEWSFEED Sep 6, 2024 0 76

Seven & i on Friday declined the preliminary proposal that Alimentation Couche-Tard made last month to acquire the Japanese corpor...

Economy

Petrol prices FALL to a three-year low - could it ...

DO NEWSFEED Sep 6, 2024 0 86

The average price of unleaded fell to a three-year low of 139.5p a litre, AA data shows.

Economy

Vistry preps £130m buyback as housebuilder's profi...

DO NEWSFEED Sep 6, 2024 0 76

The FTSE 250 housebuilder, formerly called Bovis Homes Group, intends to begin the repurchase this month and complete it by its an...

Economy

Jet2 lifted by package holiday demand amid 'softer...

DO NEWSFEED Sep 6, 2024 0 81

Jet2 said its package holiday pricing had remained 'resilient' and 'continued to show a modest increase on last year'.

Economy

Bank of Dave on what you MUST do to keep your phon...

DO NEWSFEED Sep 6, 2024 0 83

Dave hit the streets with Sergeant Stu Ford, part of the team that this year apprehended Sonny Stringer - one of the most notoriou...

Economy

Visa launches new account-to-account payments serv...

DO NEWSFEED Sep 6, 2024 0 114

A new account-to-account payments service will be available from Visa from early 2025. We look at how it works.

Economy

Here are the hotels across the U.S. impacted by a ...

DO NEWSFEED Sep 3, 2024 0 105

Hotel workers have been locked in contract negotiations with chains including Hilton, Hyatt and Marriott.

Economy

Volkswagen could close plant in Germany for the fi...

DO NEWSFEED Sep 3, 2024 0 77

Scrambling to cut costs, Germany's Volkswagen warns it could shutter factories in the automaker's home country amid rising competi...

Economy

HP pursues suit against tech mogul who died when h...

DO NEWSFEED Sep 3, 2024 0 92

Hewlett Packard declines to drop U.K. claim for damages against the estate of British tech mogul Mike Lynch.

Economy

Harris opposes sale of U.S. Steel to a Japanese fi...

DO NEWSFEED Sep 3, 2024 0 78

Vice President Kamala Harris made the announcement in Pittsburgh alongside President Biden.

Economy

Global markets braced for crucial US jobs data

DO NEWSFEED Sep 1, 2024 0 79

It comes after a worse-than-expected reading for the previous month sparked a global share sell-off.

Economy

JEFF PRESTRIDGE: Taking away winter fuel is the mo...

DO NEWSFEED Sep 1, 2024 0 87

The axeing of the winter fuel payment for nearly 10 million elderly people is one of the most despicable acts I have witnessed fro...

Economy

Bunzl's record high share price proves why boring ...

DO NEWSFEED Sep 1, 2024 0 70

Bunzl shares hit an all-time high after the distributor raised its dividend and said it was likely to make more profit than it pre...

Economy

Tourist tax has cost UK firms £4bn this summer

DO NEWSFEED Sep 1, 2024 0 120

Bosses of firms including Kurt Geiger and Burberry have said reinstating VAT-free shopping by overseas visitors could turbo-charge...

Economy

These are the worst U.S. states for workers, accor...

DO NEWSFEED Sep 1, 2024 0 81

States with subpar minimum wages and flimsy job protections score poorly in Oxfam ranking.

Economy

How your paycheck would be impacted by the Trump a...

DO NEWSFEED Sep 1, 2024 0 87

Each presidential candidate is proposing significant changes to the tax code. Here's who would win and lose.

Economy

California advances bill banning food additives in...

DO NEWSFEED Sep 1, 2024 0 79

Food dyes in popular snacks have been linked to adverse health outcomes in kids, says state legislature.

Economy

Labor Day gas prices on track to reach lowest leve...

DO NEWSFEED Sep 1, 2024 0 101

Gas prices are projected to average $3.27 a gallon on Monday, which would make driving on the holiday the cheapest since 2021.

Economy

Tainted feed may be to blame after 70 horses die a...

DO NEWSFEED Sep 1, 2024 0 82

Rhett Beutler, co-owner of Beutler and Son Rodeo Co., said horses were "just falling over, dying" after eating the feed.

Economy

Custodia Bank laying off employees as Biden admin'...

DO NEWSFEED Sep 1, 2024 0 77

Custodia is a small, state-chartered bank but plays a crucial role for businesses that have otherwise been unable to gain access t...

Economy

Dollar General CEO says 'financially constrained' ...

DO NEWSFEED Sep 1, 2024 0 76

Dollar General's stock slid by more than 27% on Thursday after the company's second-quarter earnings missed analysts' expectations...

Economy

Number of crypto millionaires surges in 2024

DO NEWSFEED Sep 1, 2024 0 88

A new report from Henley & Partners found the number of people who own at least $1 million in cryptocurrency has surged 95% worldw...

Economy

Dow record, Buffett’s $1 trillion win and Boar's H...

DO NEWSFEED Sep 1, 2024 0 74

Investors pushed the Dow Jones Industrial Average to a record high this week, and September will kick off a new month ahead of the...

Economy

Lawyers who sued to void Musk's Tesla pay package ...

DO NEWSFEED Sep 1, 2024 0 72

A recent ruling by the Delaware Supreme Court could make it harder for the legal team who sued to void Elon Musk's Tesla pay packa...

Economy

How can we cut our controlling, greedy son-in-law ...

DO NEWSFEED Sep 1, 2024 0 86

Our daughter has a controlling husband who has eyes set on her inheritance. We want to ringfence her share, but allow our sons imm...

Economy

The Goodwood Revival will run on sustainable fuel ...

DO NEWSFEED Sep 1, 2024 0 81

The Duke of Richmond tells us why it's so important to preserve classic cars and the future of historic motorsport by introducing ...

Economy

John Nichol, shot down during the first Gulf War, ...

DO NEWSFEED Sep 1, 2024 0 75

John's worst memories are being held by the Iraqis, but says if he hadn't been a PoW and paraded on TV, he wouldn't have had the c...

Economy

Buy-to-let landlords head for the exit: Estate age...

DO NEWSFEED Sep 1, 2024 0 76

The sell-off gathered pace before the threat of another potential tax hike for property investors arrived, with rumours that Labou...

Economy

He is turning 94 but it STILL feels right to follo...

DO NEWSFEED Sep 1, 2024 0 66

When Buffett starts selling one of his most successful investments, the rest of us should sit up and take note.

Economy

Will Kroger and Albertsons be allowed to merge? He...

DO NEWSFEED Aug 26, 2024 0 96

Two of the biggest U.S. grocery chains want to merge. The feds are determined to block the deal, saying it would harm consumers.

Economy

Here's how to check for forever chemicals in your ...

DO NEWSFEED Aug 26, 2024 0 97

Want to know if your personal care products contain harmful forever chemicals? Here are some steps you can take.

Economy

Here are the top zip codes for home sales, accordi...

DO NEWSFEED Aug 26, 2024 0 86

Metros in the Midwest and Northeast stole the top slots on this year's list.

Economy

Chipotle illegally denied raises to unionized work...

DO NEWSFEED Aug 26, 2024 0 76

Chipotle accused of violating federal laws by telling unionized employees that the restaurant chain could not give them raises

Economy

Walmart and Burger King partnering for exclusive d...

DO NEWSFEED Aug 23, 2024 0 84

Walmart is rolling out Burger King deals as a new perk for its Walmart+ paid membership. The new benefit became included in Walmar...

Economy

BlackRock's support of ESG resolutions falls to re...

DO NEWSFEED Aug 23, 2024 0 86

BlackRock scaled back its support of environmental, social, and government-related resolutions in the 2023-24 proxy year to a mere...

Economy

Peloton to charge sizable 'activation fee' for use...

DO NEWSFEED Aug 23, 2024 0 78

Some people who buy their Peloton exercise machines second hand will face a "used equipment activation fee," the fitness company a...

Economy

Peloton sales rise in latest quarter, but will the...

DO NEWSFEED Aug 23, 2024 0 60

Peloton Interactive, which suffered mounting losses when people returned to their old workout habits after the pandemic, reported ...

Economy

Danish pharma giant Bavarian Nordic secures deal f...

DO NEWSFEED Aug 23, 2024 0 77

A Danish pharma giant with the only approved mpox jab in the US and Europe has done a deal to make 440,000 vaccines.

Economy

MARKET REPORT: Hays profits nosedive as headhunter...

DO NEWSFEED Aug 23, 2024 0 88

FTSE 250 headhunter Hays laid bare the difficult task of hiring staff as the recruiter outlined further cost savings.

Economy

Junior lawyers handed £40,000 for referring talent...

DO NEWSFEED Aug 23, 2024 0 81

Top law firms are now offering junior employees nearly £40,000 to refer fresh talent as the war for lawyers continues.

Economy

Booking.com scam: Spike in reports over summer as ...

DO NEWSFEED Aug 23, 2024 0 83

Customers like Mick Thomas (pictured) are still being tricked into handing over cash to fraudsters who have infiltrated Booking.co...

Economy

What to know about Mike Lynch, the tycoon missing ...

DO NEWSFEED Aug 22, 2024 0 85

Mike Lynch, an icon of British entrepreneurship, is one of six people missing after his luxury yacht sank during a violent storm.

Economy

Target says its price cuts are paying off as shopp...

DO NEWSFEED Aug 22, 2024 0 70

Target's comparable sales rose for the first time in a year as grocery aisle deals for cash-strapped customers began to pay off.

Economy

The job market was weaker than earlier reported, n...

DO NEWSFEED Aug 22, 2024 0 97

New government data shows the job market was weaker than earlier reported. That could pave the way to a September rate cut.

Economy

You'll soon need a Real ID to fly in the U.S. Here...

DO NEWSFEED Aug 22, 2024 0 79

Beginning next year, you won't be able to fly domestically with your state issued driver's license or ID card. Here's what you'll ...

Economy

Starbucks is rolling out its pumpkin spice latte e...

DO NEWSFEED Aug 22, 2024 0 74

The bestselling beverage is hitting Starbucks' stores two days earlier than it did in 2023. Here's why.

Economy

BMW recalls 720K vehicles with risk of water pump ...

DO NEWSFEED Aug 21, 2024 0 66

BMW recently launched a recall of nearly 720,800 vehicles across several models in response to the risk of a short circuit by thei...

Economy

7-Eleven parent company facing possible acquisitio...

DO NEWSFEED Aug 21, 2024 0 88

Alimentation Couche-Tard is looking to acquire another major convenience store player — Seven & i, the parent company of the 7-Ele...

Economy

Value of gold bar hits $1 million for first time e...

DO NEWSFEED Aug 21, 2024 0 92

Rising prices led the value of a gold bar to new heights. Gold bars weighing 400 troy ounces are now valued at $1 million after th...

Economy

All you need to know as Chancellor Rachel Reeves s...

DO NEWSFEED Aug 20, 2024 0 78

The campaign to improve take-up of Pension Credit comes amid growing anger that Labour has taken away energy subsidies for up to 1...

Economy

SJP sees its Polaris range grow £9bn in value in j...

DO NEWSFEED Aug 20, 2024 0 108

The Polaris range now has assets worth £45.6bn, compared with just £42.8bn for Vanguard's LifeStrategy.

Economy

Cut, hold or hike?: This is Money's alternative MP...

DO NEWSFEED Aug 20, 2024 0 81

BofE policymakers will be keen to avoid derailing Britain's battle against inflation or slamming the breaks.

Economy

Why it could be the right time to bet on BT: As tw...

DO NEWSFEED Aug 20, 2024 0 90

Two of the world's richest men, global tycoons with a sharp eye for a deal, have bought themselves a slice of telecoms giant BT.

Economy

Chinese EV makers could flood the UK market to avo...

DO NEWSFEED Aug 20, 2024 0 80

Analyst Matthias Schmidt says he expects Chinese firms to shift focus away from EU markets and instead prioritise the UK as a 'saf...

Economy

These are the top 10 destinations for Labor Day tr...

DO NEWSFEED Aug 20, 2024 0 96

Labor Day weekend will mark the end of the summer travel season. Here's how Americans are capping it off.

Economy

Here's what to know about Harris' plan for a $6,00...

DO NEWSFEED Aug 20, 2024 0 71

Harris also wants to restore the pandemic's expanded Child Tax Credit. That could help millions of families, but cost $1.6 trillio...

Economy

Harley-Davidson says it's dropping some DEI polici...

DO NEWSFEED Aug 20, 2024 0 75

Harley-Davidson said it is "saddened by the negativity on social media," but added it is dropping some DEI goals.

Economy

You'll soon need a Real ID to travel in the U.S. H...

DO NEWSFEED Aug 20, 2024 0 84

Beginning next year, you won't be able to travel domestically with your state issued driver's license or ID card. Here's what you'...

Economy

Overtourism creates havoc this summer as travelers...

DO NEWSFEED Aug 20, 2024 0 107

To be visited during the summer of overtourism in 2024 means traffic jams, water problems and high housing prices.

Economy

Incoming Starbucks CEO Brian Niccol poised to get ...

DO NEWSFEED Aug 20, 2024 0 78

Brian Niccol is slated to receive a sizable pay package as he becomes the CEO of Starbucks, according to a filing coffeehouse chai...

Economy

Walmart wins, Starbucks boots CEO and Trump and Ha...

DO NEWSFEED Aug 20, 2024 0 86

Stock investors celebrated the best week of the year even with twists and turns on inflation, a CEO shake-up at Starbucks and nons...

Economy

GM laying off staff in software and services divis...

DO NEWSFEED Aug 20, 2024 0 79

GM is laying off employees in its software and services division. The Detroit-based automaker did not specify the total number of ...

Economy

RUTH SUNDERLAND: If Chancellor wants to boost grow...

DO NEWSFEED Aug 19, 2024 0 71

How dispiriting that only a few weeks into the job, Rachel Reeves exudes such negativity.

Economy

Universal in talks with ministers about tax incent...

DO NEWSFEED Aug 19, 2024 0 87

The US company, owned by Comcast, has snapped up 500 acres of land in the UK as a potential site for Europe's largest theme park.

Economy

Ted Baker to close all its remaining 31 stores imm...

DO NEWSFEED Aug 19, 2024 0 74

The firm behind its UK shops - No Ordinary Designer Label - collapsed into administration in March after failing to woo younger sh...

Economy

Markets brace as all eyes on Federal Reserve at Ja...

DO NEWSFEED Aug 19, 2024 0 75

Officials from the US Federal Reserve, the Bank of England and the European Central Bank will meet for the annual conference in Ja...

Economy

Job vacancies rise for first time this year as con...

DO NEWSFEED Aug 19, 2024 0 71

Listings for UK roles hit 862,043 in July, up 1.1 per cent from the month before, according to job site Adzuna.

Economy

Recalled cucumbers in salmonella outbreak sickened...

DO NEWSFEED Aug 16, 2024 0 87

Florida cucumber grower used untreated canal water found to be tainted with salmonella bacteria, laboratory tests found.

Economy

Trader Joe's recalls 653,000 candles sold across U...

DO NEWSFEED Aug 16, 2024 0 77

Trader Joe's reports 14 incidents of high flames, a handful resulting in minor burns and limited property damage.

Economy

Rules for buying and selling a home are changing. ...

DO NEWSFEED Aug 16, 2024 0 91

The landscape is changing radically for Americans buying and selling property, as well as for real estate agents.

Economy

Trump's finances boosted by crypto and sales of br...

DO NEWSFEED Aug 16, 2024 0 64

Former President Donald Trump also disclosed more than $100 million in liabilities for recent legal cases.

Economy

Judge temporarily blocks launch of new Venu Sports...

DO NEWSFEED Aug 16, 2024 0 85

A U.S. district judge said in her ruling that FuboTV was likely to be successful in proving that the joint venture would violate a...

Economy

Wally Amos, founder of world famous cookies, dies ...

DO NEWSFEED Aug 16, 2024 0 77

Wally Amos, the founder of Famous Amos cookies, died at his home in Honolulu on Tuesday at the age of 88, according to reports.

Economy

DOJ mulls Google breakup over monopoly concerns: r...

DO NEWSFEED Aug 16, 2024 0 76

The Justice Department is reportedly considering breaking up Google's businesses to address its monopoly over online searches, wit...

Economy

Plastic manufacturers push back after Biden admini...

DO NEWSFEED Aug 16, 2024 0 83

A plastic organization expressed its disappointment in the White House after the U.S. reportedly will support a global treaty redu...

Category: Economy

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