If ‘wages rise faster than productivity in a broad-based way, inflation pressures may continue to broaden out,” the Fed said. Target’s (TGT) – Get Target Corporation Report $300 million plan for wage increases announced Monday Read more…
Illustration by Kristen Radtke / The Verge, Shutterstock Accuracy doesn’t have to trump safety Continue reading…
Las Vegas status as a sports town could get a huge boost if reports of a potential NBA franchise in the desert are true. Las Vegas could become an even bigger sports oasis in the Read more…
Bitcoin clears above the $40,000 ‘psychological level’ as the U.S. and other nations impose sanctions on Russia. Bitcoin and other cryptocurrencies soared Tuesday as the U.S. and other nations impose sanctions on Russia over its Read more…
Goldman Sachs predicts consumer prices will post annual increases of 4.6% at year-end 2022 and 2.9% at year-end 2023. Goldman Sachs has lifted its inflation estimate for this year and next. And as a result, Read more…
Cruise line Royal Caribbean has followed up dropping its onboard mask mandate by bringing back some well-loved perks. When Royal Caribbean (RCL) – Get Royal Caribbean Group Report in July resumed sailing from U.S. ports, cruising Read more…
US ISM Manufacturing index rose from 57.6 to 58.6 in February, above expectation of 57.9. Looking at some details, production rose from 57.8 to 58.5. New orders rose from 57.9 to 61.7. Employment dropped from Read more…
Markets Risk aversion this week for the first time really translated in a safe haven bid towards core bonds. Markets decided to take the foot somewhat off the throttle with regards to the early 2022 Read more…
Ark funds’ Shopify purchase was valued at $9.4 million at Monday’s close. And the Twitter sale was valued at $18.4 million. Asset manager Cathie Wood, chief executive of Ark Investment Management, continues to buy and Read more…
The Canadian economy expanded by 6.7% q/q annualized in the final quarter of 2021, leaving real GDP for 2021 at a robust 4.6%. A big driver of growth was the accumulation of business inventories (easing Read more…