The United States has some of the highest levels of income and wealth inequality in the world. U.S. Federal Reserve data shows that the wealthiest 10% of Americans control $93.8 trillion, more than double the $40.3 trillion in the hands of the remaining 90% of Americans.  The income and wealth […]

‘We do realise it is time to have a larger ambition.’ FSN E-commerce Ventures, the parent of Nykaa, didn’t just manage to provide stellar returns to investors and founders with its listing-day gains, but has also showcased the power of women entrepreneurs. Founder Falguni Nayar, however, has no time for […]

European stocks were broadly higher on Tuesday after a key virtual summit between U.S. President Joe Biden and Chinese leader Xi Jinping saw both sides signaling a stabilization in the fraught relationship. However, there was no breakthrough on issues concerning both nations. The pan European Stoxx 600 inched up 0.2 […]

(This article was sent first to members of the CNBC Investing Club with Jim Cramer. To get the real-time updates in your inbox, subscribe here.) Shortly before the closing bell, we will be buying 75 shares of Eli Lilly (LLY) at roughly $261.75. Following the trade, the Charitable Trust will own 325 […]

(CNN)For young children, the pandemic comes at a crucial time for developing skills important for empathy, safety and more — a phase that some parents worry will be impaired by mask-wearing. “There are sensitive periods in early childhood development in which language development and emotional development are really rapidly developing […]

In a damning report expanding on previous findings that led to the resignation last August of former New York Gov. Andrew Cuomo, a probe ordered by the state assembly identified a range of misdeeds. Numerous allegations are contained in the report (read it in full HERE), which was prepared by […]

Terra Field, one of the Netflix employees who organized the walkout around Dave Chappelle’s comedy special The Closer, has resigned from the streamer. Field, along with B. Pagels-Minor, organized the October demonstration after saying that Netflix had allowed the comedian to attack “the trans community, and the very validity of […]

EXCLUSIVE: Mexican actress Maite Perroni has signed a multi-year overall deal with Pantaya—the Spanish-language streamer’s first-ever overall deal of its kind. Perroni will star and co-produce original series and films for the company. Films developed as part of this deal will be produced in tandem with Pantelion Films, Pantaya’s partner […]

Workers on federal contracts with the government signed after Jan. 30, 2022 will be guaranteed a minimum wage of at least $15, the U.S. Department of Labor announced on Monday. Others on existing contracts, which can be often be three years or five years long, may be stuck waiting longer […]

Boris Johnson makes car noises during CBI conference speech We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Announcing […]