Business

See All the Juiciest Billionaire Private Texts

See All the Juiciest Billionaire Private Texts

Text logs show Reid Hoffman, Jack Dorsey, Joe Rogan, and many more texting Musk about Twitter.  Conversations ranged from praise of Musk’s moves to financing his acquisition of the company. Texts also show who influenced Musk and what caused the breakdown of talks with Twitter executives.  Loading Something is loading. Elon Musk’s smartphone has been …

See All the Juiciest Billionaire Private Texts Read More »

U.S. weekly jobless claims hit five-month low; economic picture darkening

U.S. weekly jobless claims hit five-month low; economic picture darkening

Weekly jobless claims drop 16,000 to 193,000 Continuing claims decrease 29,000 to 1.347 million Second-quarter GDP contraction unrevised at 0.6% rate Gross domestic income revised down towards GDP WASHINGTON, Sept 29 (Reuters) – The number of Americans filing new claims for unemployment benefits fell to a five-month low last week as the labor market remains …

U.S. weekly jobless claims hit five-month low; economic picture darkening Read More »

Dow Jones Jumps 549 Points As Treasury Yields Tumble, But Now What? Eli Lilly Leads 7 Bullish Stocks

Dow Jones Jumps 549 Points As Treasury Yields Tumble, But Now What? Eli Lilly Leads 7 Bullish Stocks

Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures, while Treasury yields moved higher. The major indexes rebounded strongly Wednesday while Treasury yields tumbled from 12-year highs as the Bank of England resumed bond buying. X Biogen (BIIB) and Japanese partner Eisai reported their Alzheimer’s drug reduced cognitive decline in …

Dow Jones Jumps 549 Points As Treasury Yields Tumble, But Now What? Eli Lilly Leads 7 Bullish Stocks Read More »

UK central bank intervenes in market to halt economic crisis

UK central bank intervenes in market to halt economic crisis

LONDON (AP) — The Bank of England took emergency action Wednesday to stabilize U.K. financial markets and head off a crisis in the broader economy after the government spooked investors with a program of unfunded tax cuts, sending the pound tumbling and the cost of government debt soaring. The central bank warned that crumbling confidence …

UK central bank intervenes in market to halt economic crisis Read More »

Stock futures fall after S&P 500 hits new low for the year; 10-year Treasury yield briefly tops 4%

Stock futures fall after S&P 500 hits new low for the year; 10-year Treasury yield briefly tops 4%

CNBC Pro: Credit Suisse says now’s the time to buy two green hydrogen stocks — and gives one over 200% upside Credit Suisse says it’s time to enter the green hydrogen sector, with a number of catalysts set to drive the clean energy powerhouse. “Green hydrogen is a growth market — we increase our 2030 …

Stock futures fall after S&P 500 hits new low for the year; 10-year Treasury yield briefly tops 4% Read More »

World stocks edge above Nov 2020 lows, sterling recovers some ground

World stocks edge above Nov 2020 lows, sterling recovers some ground

Register now for FREE unlimited access to Reuters.comRegister Dollar eases from 20-year highs reached Monday German 10-year bond yields hit near 11-year highs Oil rallies from Monday’s nine-month lows LONDON/HONG KONG, Sept 27 (Reuters) – World stocks picked up from 21-month lows on Tuesday and sterling rallied after hitting record lows versus the dollar a …

World stocks edge above Nov 2020 lows, sterling recovers some ground Read More »

Biden to announce new rules for airlines and travel sites to be more transparent about additional fees

Biden to announce new rules for airlines and travel sites to be more transparent about additional fees

CNN  —  President Joe Biden announced new rules Monday requiring airlines and travel sites to be more transparent about additional fees customers could be charged, fighting what he called “unnecessary hidden fees” that were “weighing down family budgets.” Under the proposed rule, airlines and travel sites “would have to disclose up front – the first …

Biden to announce new rules for airlines and travel sites to be more transparent about additional fees Read More »

Amazon Confirms New Prime Exclusive 'Early Access' Sale for October

Amazon Confirms New Prime Exclusive ‘Early Access’ Sale for October

After more than a few rumours concerning a second Prime Day-style sale in 2022, it has finally been confirmed by Amazon. The retail giant will host another Prime exclusive event in October, which is officially titled: the Prime Early Access Sale. According to Amazon, this is a new Prime member event, offering ‘Black Friday-caliber deals’ …

Amazon Confirms New Prime Exclusive ‘Early Access’ Sale for October Read More »

Conor Provost of Bluejacket brewery in Washington, D.C., puts beer in a car in April 2020. The brewpub began offering curbside pickup and delivery of beer and food at the onset of the coronavirus shutdown.

Could there be a shortage? Inflation, supply chain issues remain

Beer makers are facing many challenges as inflation and supply chain issues raise cost of brewing and shipping. Shortages in aluminum cans and carbon dioxide, used in brewing, have hampered some brewers. For consumers, beer prices are rising – up 5% so far this year – but not as fast as on other goods including food, which …

Could there be a shortage? Inflation, supply chain issues remain Read More »