Asian stocks followed Wall Street higher on Monday as tech stocks rebounded from recent string of losses. Investors shrugged off data showing that China’s manufacturing sector expanded at a slower pace in January amid Covid-19 outbreaks in the country. Chinese and South Korean markets were closed for the Lunar New […]
Driving has become much more expensive recently at least compared to the last several years. The average price of a regular gallon of gas nationwide is $3.44, up from $2.46 a year ago. In two states–California and Hawaii–the price is above $4.00. As the price of oil surges toward $100, […]
As the industrial revolution took hold, it was becoming apparent to many that the pollution emitted by industry could be damaging not only to human health, but to the built environment as well. Before it was completed, the builders of the Houses of Parliament could see that soot and pollutants […]
This article has been edited from its original version. It was originally published in the International Monetary Fund’s blog. Carlo Pizzinelli and Ippei Shibata are economists in the IMF’s Research Department. The opinions expressed in this commentary are their own. Almost two years after the pandemic upended labor markets, job […]
The number of initial public offerings – private companies that offer shares of stock to the public by listing their shares on stock exchanges – rose in U.S. stock markets to a record of 1,058 IPOs in 2021. This was well over double the number of IPOs in 2020, the […]
Following the notable pullback seen over the course of the previous session, stocks may see further downside in early trading on Friday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 122 points. Lingering concerns about higher interest rates […]
Amazon reported fourth-quarter revenue in line with Wall Street expectations and announced a $20-a-year increase in Prime subscription prices, causing its stock to stage a big rally after hours. Shares in the tech giant jumped as much as 18% in the minutes after the earnings news, after they had declined […]
The MRKT, the multicultural marketing and communications arm of Terry Hines & Associates, said Friday it is expanding with two new divisions: one specializing in influencer marketing and the other in marketing and communications for Asian Americans and Pacific Islander clients. The AAPI Division is being led by Diane Nguyen, […]
For most of Sunday’s NFL conference game at SoFi Stadium, it looked like the San Francisco 49ers would be heading to Super Bowl LVI in the venue in two weeks. But looks can be deceiving. Bouncing back from a 10-point deficit going into the fourth quarter, the Los Angeles Rams […]
New York (CNN Business)Stress eating is about to get more expensive: Hershey is raising prices this year. “Pricing will be an important lever for us this year and is expected to drive most of our growth,” Hershey CEO Michele Buck said in prepared remarks discussing the company’s financial results Thursday. […]
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