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Brown-Forman laying off 648 people as stock price hits 10-year low and sales decline
Jack Daniels whiskey maker Brown-Forman Corp. said Tuesday it would cut 12% of its work force or about 648 jobs in the face of a 10-year-low in its stock price and four straight quarters of ...MarketWatch - Jan. 14 -
How the Devils' rise has echoes of a recent Stanley Cup champ: Is this the year?
If New Jersey's journey to contention feels a little familiar, there's a good reason why. And will the Devils make another Cup run this spring?ESPN - Jan. 13 -
Taiwan reports 'significant rise' in suspected Chinese espionage
Taiwanese charged with suspicion of spying on behalf of China rose by a third to 64 people last year, the island’s National Security Bureau said.NBC News - Jan. 13 -
Asset managers turn to defensive positioning as equity prices soar
Elevated level of stocks and prospect of higher for longer rates have some firms sending up caution flaresFinancial Times - Jan. 13 -
LA officials warn of price gouging as those displaced by fire seek housing
County sheriff says anyone who tries to scam the thousands of people looking for accommodations will be prosecuted. Wildfires live updates Los Angeles authorities are warning against scams and ...The Guardian - Jan. 13 -
Los Angeles area wildfire evacuees face price gouging
Forced to evacuate their homes amid perilous wildfires, Los Angeles residents now face price gouging while trying to find places to live.CBS News - Jan. 12 -
'Arteta paying price for not curing glaring Arsenal weakness'
Arsenal's season is in the balance, as their FA Cup exit highlights manager Mikel Arteta's failure to sign a striker.BBC News - Jan. 12 -
Monday Briefing: Number of Missing Rises in L.A.
Plus, how cured ham fixed an antique organ in France.The New York Times - Jan. 12 -
The Guardian view on Argentina’s austerity year: painful cuts, rising poverty and a geopolitical gamble | Editorial
In his first 12 months Javier Milei has imposed drastic economic measures – sparking protests while banking on an IMF bailout. . The first foreign leader to meet Donald Trump after his victory last ...The Guardian - Jan. 12 -
New York City's congestion pricing picks up speed
The first congestion pricing plan in the U.S. has begun, charging most drivers $9 a day to enter the lower half of Manhattan. The long-debated plan is projected to raise up to $800 million a year ...CBS News - Jan. 12 -
Is US inflation set to rise further?
Market Questions is the FT’s guide to the week aheadFinancial Times - Jan. 12 -
Officials warn against price gouging, looting amid Los Angeles wildfires
California Attorney General Rob Bonta warned of bad actors who seek to use the trauma and chaos created by the wildfires in California for their own gain.CBS News - Jan. 11 -
What Will Manhattan Congestion Pricing Do to Restaurants?
Days into the new charges, some restaurant owners say suppliers are raising prices. Others are giving customer discounts, and many fear the fallout for workers.The New York Times - Jan. 11 -
‘We’ve had two cars for 40 years’: With congestion charges, insurance and gas prices — should we sell our second car? Or will we regret it?
“I’m semi-retired working about 20 hours a month at my own business.”MarketWatch - Jan. 11 -
New Yorkers Have Little Data but Big Feelings About Congestion Pricing
Manhattan commuters are already marveling at what appears to be less traffic — and grousing about the new $9 tolls.The New York Times - Jan. 11 -
Trump's plan for mass deportation could have a big effect on prices
Some experts say there is really nothing the government can do about high food prices.CNBC - Jan. 11 -
Death toll from California wildfires rises to 11
The death toll from the raging wildfires in Southern California has gone up to 11 people, according to a Friday update from the County of Los Angeles Department of Medical Examiner (DME). Five ...The Hill - Jan. 11 -
California Fires Lead to Prices Hikes on Some L.A. Rentals
Despite a law against price gouging during a state of emergency, some rental listings have shot up above the allowable 10 percent overnight.The New York Times - Jan. 10 -
Oil prices rally as fresh U.S. sanctions on Russia threaten global supplies
Oil futures ended sharply higher on Friday, as fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies and as winter storms in the U.S. were expected to boost demand for ...MarketWatch - Jan. 10 -
Mortgage rates are not rising yet but Reeves has to act
Why Rachel Reeves needs a more detailed growth strategy - and soon.BBC News - Jan. 10 -
UK government borrowing costs rise towards 16-year high
Yields jump after strong US jobs data, threatening to wipe out room for extra borrowing under Labour’s budget rulesFinancial Times - Jan. 10 -
Price of resale tickets to be capped under plans to tackle touts
The government is suggesting a cap on the cost of resold tickets, potentially up to 30% on top of the original price.BBC News - Jan. 10 -
The Roller-Skating Economist You Can Thank for Congestion Pricing
Charging drivers to enter Lower Manhattan vindicates the lifelong mission of a Nobel laureate who, as it happened, died behind the wheel of a car.The New York Times - Jan. 10 -
Resold tickets prices set to be capped under UK tout crackdown
Ministers vow to stop resellers ‘fleecing the public’ after fan outcry over cost of Oasis concertsFinancial Times - Jan. 10 -
Price Stability Slowly Returns to Used Car Markets
Reduced new auto production during the pandemic cut used car supplies, too, contributing to double-digit price fluctuations and sector instability that may finally be ending.Inc. - Jan. 9 -
Pound falls to lowest in over a year after UK borrowing costs rise
Economists have warned the rise could mean further tax hikes or spending cuts by the government.BBC News - Jan. 9 -
The risk of nuclear war continues to rise
As the world became more dangerous in 2024, the use of its most dangerous weapons has become more likely.The Hill - Jan. 9 -
Death toll in mass shooting in Montenegro rises to 13
A man who was wounded in a mass shooting on New Year's Day in Montenegro has died, bringing the death toll to 13ABC News - Jan. 9 -
Tesco and M&S warn of rising costs but pledge to minimise price increases
Shares in retailers fall despite positive Christmas tradingFinancial Times - Jan. 9 -
Trump will struggle to drive down oil prices
Energy production in the US will rise but more of the output will be gassyFinancial Times - Jan. 9 -
Chinese consumer prices barely rise as deflationary pressure weighs
Beijing has struggled to stimulate domestic demand in economyFinancial Times - Jan. 9 -
Flying Taxis Rise on Aviation Industry’s Horizon
Flying taxis are making major strides.Inc. - Jan. 8 -
Shadow The Hedgehog Build-A-Bears Are Getting Scalped For Ridiculous Prices
From the moment that Shadow the Hedgehog appeared in the first trailer for Sonic the Hedgehog 3 , it seemed obvious that Sega's antihero was going to be the sequel's breakout character. But few ...GameSpot - Jan. 8 -
Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility
Used vehicle prices are expected to continue to stabilize in 2025 after swinging wildly for several years before starting to calm down in 2024.NBC News - Jan. 8 -
10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation
The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.CNBC - Jan. 8 -
Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility
Cox Automotive expects wholesale prices on its Manheim Used Vehicle Value Index will end this year 1.4% higher than in December 2024.CNBC - Jan. 8 -
Oil prices settle lower as U.S. crude supplies fall but product stocks rise
Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and ...MarketWatch - Jan. 8 -
Why eggs are nearly $9 a dozen in California — and when prices could drop
Egg prices at the grocery store shocked many consumers over the recent holiday season, and those prices are expected to continue to climb after an unanticipated spike in the number of bird flu ...MarketWatch - Jan. 8 -
Here’s the real winter-storm effect on natural-gas prices and heating bills
The recent rally in natural-gas prices raised an alarm among consumers suffering from a cold snap in much of the U.S. this week — but when it comes to household spending on the heating fuel this ...MarketWatch - Jan. 8