Celebrating America’s birthday in the company of foreigners can be great fun. I recently spent the Fourth of July with some British expats who live in Washington, D.C., and love it here. While awaiting the fireworks, we joked about the many ways our countries’ cultures differ. My guests remarked that we Americans support the wrong
In this article 4523.T-JP BIIB Follow your favorite stocksCREATE FREE ACCOUNT The Food and Drug Administration on Thursday fully approved the Alzheimer’s treatment Leqembi, a pivotal decision that will expand access to the expensive drug for older Americans. Medicare announced shortly after the FDA approval that it is now covering the antibody treatment for patients
In this article LEVI Follow your favorite stocksCREATE FREE ACCOUNT A pair of Levi’s selvedge denim jeans arranged in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Levi Strauss on Thursday drastically cut its profit outlook for the year after the apparel retailer reported a steep drop off in wholesale revenues and soft sales
JAKARTA, INDONESIA – JANUARY 2: Citizens are seen crossing the street during rush hour in Jakarta, Indonesia on January 2, 2023. Firdaus Wajidi | Anadolu Agency | Getty Images Southeast Asia’s initial public offering market is showing promising signs despite a global IPO slowdown in the first half of 2023, according to a new Deloitte
Sturti | E+ | Getty Images The U.S. job market is gradually cooling but remains hot despite a year-long government campaign to reign it in, amounting to a favorable environment for many jobseekers, economists said. “It still boils down to higher worker leverage, better outside opportunities, an easier time exchanging jobs for better ones and
The adoption of electric vehicles is on the rise among businesses and consumers, driven by the goal of reducing carbon emissions. According to the European Green Deal, the European Commission aims to have at least 30 million zero-emissions cars on European roads by 2030. To support this transition, new business models have emerged, offering tailored
CEO of Shake Shack Randy Garutti (Left) and founder and Chairman Danny Meyer are viewed on the floor of the New York Stock Exchange (NYSE) on January 30, 2015 in New York City. Spencer Platt | Getty Images Restaurateur Danny Meyer doesn’t think customers need to tip when they pick up takeout or buy coffee.
Qatar Airways logo is seen on a plane model. Nurphoto | Nurphoto | Getty Images Qatar Airways announced record annual revenue Thursday after the company’s finances were bolstered by the FIFA World Cup, which was hosted in Qatar last year. Qatar Airways Group reported that passenger revenue was up 100% during its fiscal year 2022/23,
The exterior of Sweetgreen’s Naperville location Source: Sweetgreen Check out the companies making headlines before the bell: JetBlue Airways — JetBlue Airways declined 1.3% in premarket trading after the company said it would end its partnership in the northeastern U.S. with American Airlines and focus on Spirit Airlines. Shares of American Airlines declined about 0.9%,
Inflation may have started to ease, but it remains well above most consumers’ comfort level, and spending has slowed considerably, recent reports show. The core consumer price index for May was at 5.3%, while the personal consumption expenditures price index increased just 0.3% for the month when excluding food and energy. “The bottom line is everybody is
Defamation verdicts and settlements regularly make the news. But we rarely learn what plaintiffs keep from their victories. After fees and taxes, it can be shockingly little. This may be true of what Alex Jones eventually pays the Sandy Hook families. And of defamation winnings E. Jean Carroll receives from former President Donald Trump. Surprisingly,
During the second quarter of 2023, New York City’s real estate market has been as volatile as our stock market. While the market for ultra-luxury apartments, both condo and co-op, has remained slow, the smaller units, which were having a run in April and much of May, have now sunk into the doldrums as well.
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT 2024 Chevrolet Silverado HD ZR2 GM DETROIT – General Motors’ U.S. vehicle sales increased by 18.8% in the second quarter compared with subdued results a year ago when the automaker was battling supply chain issues. The Detroit automaker reported sales Wednesday of 691,978 new vehicles
In this article META MRNA WOLF DWAC Follow your favorite stocksCREATE FREE ACCOUNT Meta Verified displayed on mobile with Meta on screen, seen in this photo illustration, on February 27, 2023 in Brussels, Belgium. Jonathan Raa | Nurphoto | Getty Images Check out the companies making headlines in midday trading. Meta Platforms — Shares of
Travelers looking for a three-Michelin-starred meal in Andalusia will inevitably end up at Aponiente. It’s the only restaurant in the region with the distinction. The restaurant, located in the heart of the Bahia de Cadiz Natural Park, is helmed by Chef Angel Leon. Unlike most Michelin-starred restaurants where seasons inform the menu, Leon’s muses are
“Honestly, I think the prompt irritates most people,” said Lyn James, owner of Flowers & Cappuccino by Lasting Visions in Bowman, North Dakota. James said that’s why she opted out of the tip screen when she implemented her store’s contactless point-of-sale system. Although gratuity can vary greatly, “most folks will leave at least a dollar
The IRS Electronic Tax Administration Advisory Committee (ETAAC) has released its 2023 Annual Report to Congress. The report looks at e-filing practices and data security and makes recommendations to both Congress and the IRS that focus on electronic tax administration and cybersecurity. Background ETAAC was formed and authorized under the IRS Restructuring and Reform Act
In this article JBLU AAL SAVE Follow your favorite stocksCREATE FREE ACCOUNT American and JetBlue flights prepare to take off at Los Angeles International Airport, Jan. 11, 2023. Carolyn Cole | Los Angeles Times | Getty Images JetBlue Airways said Wednesday that it will end its partnership in the northeastern U.S. with American Airlines after
Almost all Federal Reserve officials at their June meeting indicated further tightening is likely, if at a slower pace than the rapid-fire rate increases that had characterized monetary policy since early 2022, according to minutes released Wednesday. Policymakers decided against a rate rise amid concerns over economic growth, even though most members think further hikes
Vesna Andjic | E+ | Getty Images Higher earners are more likely to owe an extra levy on investment earnings than a decade ago. But there are ways to reduce your tax bill, experts say. Enacted as part of the Affordable Care Act health-care expansion, the 3.8% net investment income tax applies to capital gains,