WASHINGTON – Federal Reserve officials are committed to fighting inflation and expect higher interest rates to remain in place until more progress is made, according to minutes released Wednesday from the central bank’s December meeting. At a meeting where policymakers raised their key interest rate another half a percentage point, they expressed the importance of
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In this article GM 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT 2022 GMC Sierra 1500 Denali Ultimate GM DETROIT – General Motors reclaimed its U.S. sales crown from Toyota Motor last year as the Detroit automaker eked out a slight gain in annual U.S. vehicle sales despite supply chain problems. GM said Wednesday it sold
A woman walks past rundown, shuttered shops in Romford, England. John Keeble | Getty Images News | Getty Images LONDON — The U.K. economic contraction of 2023 will be almost as deep as that of Russia, economists expect, as a sharp fall in household living standards weighs on activity. In its 2023 macro outlook, Goldman
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Pristine Floyde searches for a friend’s suitcase in a baggage holding area for Southwest Airlines at Denver International Airport on December 28, 2022 in Denver, Colorado. Michael Ciaglo | Getty Images Southwest Airlines stabilized its schedule over the weekend after about 16,000 cancellations since late
In this article BNB.CM= BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Sam Bankman-Fried pleaded not guilty in New York federal court Tuesday to eight charges related to the collapse of his former crypto exchange FTX and hedge fund Alameda Research. The onetime crypto billionaire was indicted on charges of conspiracy to commit wire fraud and
Labor activists hold a rally in support of a national $15 minimum wage on May 19, 2021, in Washington, D.C. Kevin Dietsch | Getty Images News | Getty Images As the calendar turns to 2023, workers in more than half of all states have something to look forward to this year: a higher minimum wage.
A Kennon Robotics robot delivers food at a Haidilao hotpot restaurant in Shanghai on April 7, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — In a year of Covid lockdowns and travel restrictions, some Chinese startups that survived found growth online and overseas. China’s economy likely grew by just 3% in 2022, economists
Buying a home can be a lengthy and confusing process. Spending nights surfing the web, looking for that perfect place to call home can lead to endless searches and even more confusion as to which price point is best for your financial situation. How do you know what would be considered a reasonable price to
In this article TGT WMT Follow your favorite stocksCREATE FREE ACCOUNT A shopper goes through shirts in the kids section at Old Navy in Denver, Colorado. Brent Lewis | Denver Post | Getty Images January is typically an overlooked month for retailers. Shoppers make returns and exchanges. They come to stores with gift cards in
Virtual singer Luo Tianyi performing with world renowned pianist Lang Lang in 2019 at the Mercedes-Benz Arena in Shanghai, China. Launched in 2012, Luo Tianyi has nearly 3 million fans and even performed at the Winter Olympics opening ceremony in Beijing this year. Visual China Group | Getty Images BEIJING — From customer service to
When starting a business, it’s sometimes hard to know what to prioritize, and going at it alone can be overwhelming. But there are strategies you can use to avoid common pitfalls. My mission is to teach people how to earn money from their passions. It’s what I did: I went from living on food stamps
The FTX logo on a laptop screen. Andrey Rudakov | Bloomberg via Getty Images Japanese FTX users will be able to start moving their funds out of the collapsed cryptocurrency exchange starting in February, according to a statement from the company’s Japan subsidiary. FTX Japan said Thursday it was developing a system to resume withdrawals
Portuguese football star Cristiano Ronaldo poses for a photo with the jersey after signing with Saudi Arabia’s Al-Nassr Football Club in Riyadh, Saudi Arabia on December 30, 2022. Al Nassr Football Club / Handout/Anadolu Agency via Getty Images Soccer superstar Cristiano Ronaldo is joining Saudi Arabian club team Al Nassr in a deal that will
In this article BTC.CM= ETH.CM= DOGE.CM= SOL.CM= FTT.CM= Follow your favorite stocksCREATE FREE ACCOUNT Solana logo displayed on a phone screen and representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on August 21, 2021. Jakub Porzycki | NurPhoto | Getty Images Solana was touted as the cryptocurrency that would challenge
Getty Images After a year of high inflation, stock market volatility and rising interest rates, it’s easy to see why many feel uncertain heading into 2023. But rising costs have prompted updates from the IRS, broadly affecting Americans’ finances, including retirement savings and taxes. And recent legislation may present further options for the new year.
Former U.S. President Donald Trump on Nov. 15, 2022. Eva Marie Uzcategui/Bloomberg via Getty Images Former President Donald Trump paid millions of dollars in state and local taxes from 2015 through 2020, according to income tax returns publicly released Friday by the House Ways and Means Committee. But while the returns show associated tax deductions
Brazilian football legend Pele poses with the FIFA World Cup trophy on March 9, 2014 in Paris. Franck Fife | AFP | Getty Images Pelé, the Brazilian soccer icon who brought the World Cup trophy to his home country three times, becoming an international superstar and the highest-paid team athlete in the world at the
In this article NKLA TGTX CHPT GFS MU Follow your favorite stocksCREATE FREE ACCOUNT A ChargePoint station at the New Carrollton Branch Library in New Carrollton, Md. Tom Williams | Cq-roll Call, Inc. | Getty Images Check out the companies making headlines in midday trading. TG Therapeutics — Shares jumped more than 9% after the
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