Mon, Feb 26, 2024, 08:34:30
 
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submitted 11 Months ago in Business

After years of regulatory crackdowns and draconian Covid curbs, private entrepreneurs in China are low on enthusiasm. The Chinese government is resorting to surprising measures to restore their confidence, but the campaign has inspired more nervousness than optimism.

rated 2 times (+2)  (-0) - comments: 0 - hits: 67 - www.cnn.com

2

submitted 11 Months ago in Business

A Moscow court has fined the Wikimedia Foundation for refusing to remove an article on Russian-language Wikipedia called "The Russian occupation of the Zaporizhzhia region," according to state media.

rated 2 times (+2)  (-0) - comments: 0 - hits: 81 - www.cnn.com

0

submitted 11 Months ago in Business

When customers at Silicon Valley Bank rushed to withdraw billions of dollars last month, venture capitalist Arlan Hamilton stepped in to help some of the founders of color who panicked about losing access to payroll funds.

rated 0 times (+0)  (-0) - comments: 0 - hits: 75 - www.cnn.com

1

submitted 11 Months ago in Business

This is it.

rated 1 times (+1)  (-0) - comments: 0 - hits: 65 - www.cnn.com

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submitted 11 Months ago in Business

Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled recession fears.

rated 0 times (+0)  (-0) - comments: 0 - hits: 60 - www.cnn.com

2

submitted 11 Months ago in Business

So far this tax season, the IRS has received more than 90 million income tax returns for 2022. That means tens of millions of households have yet to file their returns.

rated 2 times (+2)  (-0) - comments: 0 - hits: 70 - www.cnn.com

1

submitted 11 Months ago in Business

The fallout from the recent banking crisis is likely to push the US economy into a mild recession later this year, according to notes from the Federal Reserve's March policy meeting, released on Wednesday.

rated 1 times (+1)  (-0) - comments: 0 - hits: 73 - www.cnn.com

0

submitted 11 Months ago in Business

Stamp prices are set to tick up.

rated 0 times (+0)  (-0) - comments: 0 - hits: 67 - www.cnn.com

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submitted 11 Months ago in Business

America's largest bank is ending pandemic-era hybrid work for its senior staff.

rated 2 times (+2)  (-0) - comments: 0 - hits: 65 - www.cnn.com

1

submitted 11 Months ago in Business

Even as rents are cooling in some parts of the country, it has never cost more to rent a Manhattan apartment as it did in March.

rated 1 times (+1)  (-0) - comments: 0 - hits: 66 - www.cnn.com

0

submitted 11 Months ago in Business

After more than a year of soaring prices monopolizing the attention of Wall Street, Main Street, economists, and journalists, the tide may be turning.

rated 0 times (+0)  (-0) - comments: 0 - hits: 64 - www.cnn.com

0

submitted 11 Months ago in Business

Everything old is new again.

rated 0 times (+0)  (-0) - comments: 0 - hits: 68 - www.cnn.com

0

submitted 11 Months ago in Business

Japan's workers still aren't getting paid enough to keep up with rising prices. That's hurting living standards and creating a major headache for the country's new central bank chief as he marks his first week on the job.

rated 0 times (+0)  (-0) - comments: 0 - hits: 91 - www.cnn.com

1

submitted 11 Months ago in Business

At the start of the year, economists and corporate leaders expressed optimism that global economic growth might not slow down as much as they had feared. Positive developments included China's reopening, signs of resilience in Europe and falling energy prices.

rated 1 times (+1)  (-0) - comments: 0 - hits: 79 - www.cnn.com

2

submitted 11 Months ago in Business

Cineworld's stock plummeted 36% Tuesday afternoon to an all-time low after the company said it had filed a plan to reorganize its business and shareholders would not recover any of their funds.

rated 2 times (+2)  (-0) - comments: 0 - hits: 82 - www.cnn.com

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submitted 11 Months ago in Business

The banking crisis could help the Federal Reserve's fight to bring down inflation, but the central bank needs to be "cautious" in its actions moving forward, Chicago Fed President Austan Goolsbee said Tuesday.

rated 0 times (+0)  (-0) - comments: 0 - hits: 96 - www.cnn.com

2

submitted 11 Months ago in Business

Banking crisis be damned -- Main Street investors are barreling into embattled bank stocks. It turns out nothing tempts people to bet on an industry more than bargain prices, even if they're caused by the fear of imminent collapse.

rated 2 times (+2)  (-0) - comments: 0 - hits: 75 - www.cnn.com

0

submitted 11 Months ago in Business

US Treasury Secretary Janet Yellen said she believes the American economy remains strong and its banking system is resilient despite some recent turmoil among regional financial institutions.

rated 0 times (+0)  (-0) - comments: 0 - hits: 103 - www.cnn.com

2

submitted 12 Months ago in Business

There's been a seismic shift in investor perspective: Bad news is no longer good news.

rated 2 times (+2)  (-0) - comments: 0 - hits: 119 - www.cnn.com

0

submitted 12 Months ago in Business

As the economy slows, are employers starting to regain the upper hand in negotiations with employees and job seekers? Pay is always an issue, of course, but in the wake of the pandemic, so too is how much time employers want people to work on site versus how much...

rated 0 times (+0)  (-0) - comments: 0 - hits: 90 - www.cnn.com

2

submitted 12 Months ago in Business

Starbucks is betting big on olive oil infused coffee, hoping customers will be enticed by the anomaly and the health benefits of extra virgin olive oil, but some customers are complaining the drinks are causing them to run to the bathroom.

rated 2 times (+2)  (-0) - comments: 0 - hits: 76 - www.cnn.com

1

submitted 12 Months ago in Business

Tupperware shares fell nearly 40% in early trading Monday following a bleak warning that its future is looking murky.

rated 1 times (+1)  (-0) - comments: 0 - hits: 76 - www.cnn.com

1

submitted 12 Months ago in Business

In an unusual coincidence, the US jobs report was released on a holiday Friday — meaning stock markets were closed when the closely-watched economic data came out.

rated 1 times (+1)  (-0) - comments: 0 - hits: 78 - www.cnn.com

1

submitted 12 Months ago in Business

Samsung Electronics said on Friday it would make a "meaningful" cut to chip production after flagging a worse-than-expected 96% plunge in quarterly operating profit, as a sharp downturn in the global semiconductor market worsens.

rated 1 times (+1)  (-0) - comments: 0 - hits: 67 - www.cnn.com

0

submitted 12 Months ago in Business

Airbus announced plans Thursday for a second final-assembly line in China, the latest sign that it has a lock on the key aviation market over rival Boeing.

rated 0 times (+0)  (-0) - comments: 0 - hits: 64 - www.cnn.com

2

submitted 12 Months ago in Business

Switzerland has instructed Credit Suisse to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether those already paid can be recovered, the Federal Council said on Wednesday.

rated 2 times (+2)  (-0) - comments: 0 - hits: 125 - www.cnn.com

1

submitted 12 Months ago in Business

Millions of jobs could be on the chopping block this year, as the Federal Reserve continues its rate-hiking campaign to tame inflation. But the effects of that action likely won't reverberate evenly across the economy.

rated 1 times (+1)  (-0) - comments: 0 - hits: 74 - www.cnn.com

1

submitted 12 Months ago in Business

A slowing economy may lead to a decline in sales of pricey beef cuts, but don't look for any bargains just yet.

rated 1 times (+1)  (-0) - comments: 0 - hits: 78 - www.cnn.com

1

submitted 12 Months ago in Business

The US labor market has kept trucking right along even as other areas of the economy have slowed.

rated 1 times (+1)  (-0) - comments: 0 - hits: 69 - www.cnn.com

0

submitted 12 Months ago in Business

After months of a remarkably strong US labor market and economy, everything seems to be slowing down.

rated 0 times (+0)  (-0) - comments: 0 - hits: 89 - www.cnn.com

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