Latest in The ‘Low Wage 100’ spend more on share buybacks that enrich executives than on their businesses. Lawmakers are taking note.
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The average person will spend more than $100 on Halloween this year
This year, the average person will spend more than $100 on Halloween, with some decorating as early as June. Halloween is no longer one day of candy and costumes for kids.Top stories - CBS News - October 26 -
Campaign 2024: 100 days is more than enough
The 2024 presidential campaign was a brief and refreshing change from the usual two-year campaigns, with Donald Trump and Kamala Harris only campaigning for 107 days, and proving that shorter ...Politics - The Hill - 3 days ago -
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...World - The Guardian - October 15 -
More than 100 killed in Nigeria fuel tanker explosion
Incident comes as citizens in Africa’s most populous nation struggle with end of petrol subsidiesWorld - Financial Times - October 16 -
More than 100 researchers call for pause in Musk Starlink launches
Researchers are urging the federal government to pause further low-orbit internet satellite launches until a comprehensive review is conducted to determine the potential environmental damage that ...Politics - The Hill - October 30 -
UK Treasury chief admits business tax rise could lead to lower than anticipated wages
U.K. Treasury chief Rachel Reeves has conceded that wages may rise by less than previously thought as a direct result of her budget decision to increase a tax that businesses pay for their employeesWorld - ABC News - October 31 -
Holiday shoppers plan to spend more while taking on debt this season
Leaning on credit cards, or even buy now, pay later, to purchase holiday gifts will come at a high cost if there are missed or late payments.Business - CNBC - October 16 -
The Anti-DEI Influencer Waging War on Lowe’s and Ford
From his home in Tennessee, the social media rabble-rouser Robby Starbuck is waging war on “woke” policies at places like Lowe’s and Ford. His timing is impeccable.Business - The New York Times - November 1 -
Week 8 Fantasy Football Beyond the Boxscore: Take note of these Steelers with Russell Wilson, plus more
Key notes from a deeper dive on Beyond The BoxscoreSports - CBS Sports - October 21 -
Week 7 Fantasy Football Beyond The Boxscore: Ja'Marr Chase career-low target share, Tyrone Tracy Jr., more
Key notes from a deeper diveSports - CBS Sports - October 14 -
FirstFT: HSBC overhaul to divide businesses along east-west lines
Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity pushWorld - Financial Times - October 22 -
Marqeta shares plunge more than 30% on big forecast miss
Marqeta shares plummeted after the company's forecast for the fourth quarter fell shy of analysts' expectations.Business - CNBC - 4 days ago -
Gas tanker explosion kills more than 140 people and injures dozens more in Nigeria
More than 140 people, including children, are dead in Nigeria after an overturned gasoline tanker truck exploded in flames while they tried to scoop up fuelWorld - ABC News - October 16 -
Harris faces Fox News grilling as Trump stands by false claims about immigrants eating pet – US elections live
Vice-president’s interview with rightwing channel airs just hours after her Pennsylvania rally with senior Republicans. Don’t miss important election coverage. Get our free app and sign up for ...World - The Guardian - October 16 -
NHS consultant who lost £39k among 100 Revolut customers contacting BBC over scams
People say they have been poorly treated by the firm after being tricked out of cash while using app.Top stories - BBC News - October 19 -
Kyiv launches more than 100 drones over Russia; missile strike on Ukraine injures 17
Moscow officials say Russian air defenses shot down more than 100 Ukrainian drones Sunday over Russia’s western regions, while 17 people were injured in the Ukrainian city of Kryvyi Rih in a ...World - ABC News - October 20 -
More than 100 people killed in latest Israeli bombings in Gaza, say medics
UN special coordinator says ‘nightmare in Gaza is intensifying’ and calls for immediate end to violence. Middle East crisis – live updates At least 87 people have been killed or are missing ...World - The Guardian - October 20 -
The 80% rule doesn’t cut it anymore: You may end up spending a lot more in retirement than you expect
Between the “go-go” years and healthcare costs, your expenses may stay the same — or even rise.Business - MarketWatch - 5 days ago -
McDonald's is the latest battlefield in a campaign fight to reach low-wage voters
Donald Trump’s campaign event Sunday at a McDonald’s in Pennsylvania highlighted his battle with Kamala Harris to court a coveted group of working-class voters who have the potential to decide the ...Top stories - NBC News - October 21 -
In some battleground states, low-wage workers keep losing ground
Workers in four battleground states earn the federal minimum wage of $7.25 an hour. Labor advocates say that's a recipe for poverty.Top stories - CBS News - October 24 -
Chinese share buybacks hit record high as Beijing steps up support
Policymakers push companies to return cash to shareholders as they try to revive flagging stock marketBusiness - Financial Times - October 21 -
HSBC chief says east-west division will not lead to ‘any split’
Georges Elhedery embarks on sweeping overhaul of lender as part of cost-cutting driveBusiness - Financial Times - October 29 -
HSBC shares surge on another $3 billion buyback plan and earnings beat
HSBC shares increased 4% on Tuesday as the British bank beat analysts’ earnings expectations for the third quarter and launched another $3 billion share buyback plan.Business - MarketWatch - October 29 -
Snap shares jump 10% on profit beat, stock buyback
Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.Business - CNBC - October 29 -
Business takes centre stage
Plus, earnings season peaks, Nike’s new boss begins, Tokyo Metro IPO pricing unveiled and Labour woos UK investmentWorld - Financial Times - October 13 -
Tesla stock soars 22% for best day in over a decade on Musk's 2025 growth projection
Tesla shares soared 22% Thursday, the stock's best day in 11 years, following its better-than-expected third-quarter earnings.Business - CNBC - October 24 -
Elon Musk's election-doubting posts shared 9 times more than his less extreme election content
An NBC News analysis of Elon Musk's tweets about the election found that he increasingly shared conspiratorial posts in recent months.Top stories - NBC News - 4 days ago -
Trump Media shares surge as Trump wins presidential election
Shares of former President Donald Trump's media company jumped as he won the contentious presidential election.Business - CNBC - 2 days ago -
Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk's electric vehicle company
Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White HouseTech - ABC News - 2 days ago -
How This Female Founder Went From a Big-Business Executive to Climate Champion
Karen Sheffield is turning the tide on deploying capital to climate tech startups.Business - Inc. - October 16 -
Qualcomm’s rosy forecast sends stock surging, and more buybacks may be on deck
Qualcomm is upping its buyback program by $15 billion after repurchasing more than $4 billion in stock last fiscal year.Business - MarketWatch - 2 days ago -
Chicago business-activity index drops to five-month low in October
Index falls to 41.6, falling short of 46.8 consensus forecast.Business - MarketWatch - October 31 -
McKinsey faces Republican calls for probe into China ‘conflicts’
US officials request investigation into whether consultancy breached rules for Pentagon contractsWorld - Financial Times - October 18 -
United shares hit pre-pandemic high after airline forecasts strong finish to 2024, plans buyback
United Airlines said it authorized a $1.5 billion share buyback, its first share repurchase since before the Covid-19 pandemic.Business - CNBC - October 16