Month: April 2022
Millions of Brits plunged into fuel poverty on Friday as household energy bills surge
A protester holds a ‘Save Us From The Energy Crisis’ placard during a rally in London. British households face soaring energy bills from April 1 as the country’s energy price cap rises by 54%. Vuk Valcic | Sopa Images | Lightrocket | Getty Images The number of English households in fuel poverty will double to […]
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Goldman Sachs is betting that you’ll want a $10,000 home improvement loan from the investment bank
David Zalik, founder and CEO of GreenSky. Chris Hamilton | GreenSky Goldman Sachs, the 153-year old investment bank, is now officially in the home improvement loan business as it continues a push into the finances of ordinary Americans. The bank expects to add one million customers a year to its budding Marcus retail division through […]
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Economy added 431,000 jobs in March despite worries over slowing growth
Amid soaring inflation and worries about a looming recession, the U.S. economy added slightly fewer jobs than expected in March as the labor market grew increasingly tighter. Nonfarm payrolls expanded by 431,000 for the month, while the unemployment rate was 3.6%, the Bureau of Labor Statistics reported Friday. Economists surveyed by Dow Jones had been […]
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House to vote on bill to legalize marijuana
Adam Eidinger along with other DC marijuana advocates gathered on the east side of the US Capitol plaza grounds to urge Congressional lawmakers to lower the restrictions on marijuana use in the District of Columbia, and made a further statement by illegally smoking marijuana and consequently being arrested, on Capitol Hill in Washington DC Monday […]
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There’s a big buying opportunity in this pizza stock, Oppenheimer says
After a rough start to the year for Papa John’s, Oppenheimer sees an attractive entry point for the pizza chain. Source
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5 things to know before the stock market opens Friday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures rise after jobs report and worst quarter in 2 years Traders on the floor of the NYSE, March 31, 2022. Source: NYSE U.S. stock futures started the second quarter higher Friday after lower-than-expected but still robust […]
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U.S.-listed Chinese stocks audit dispute: China regulator tells auditors to consider preparing for inspections
The China Securities Regulatory Commission and U.S. securities regulators have been locked in a dispute over allowing U.S. review of Chinese company audits, threatening delisting in coming years. Costfoto | Future Publishing | Getty Images BEIJING — China has sent another signal of progress toward resolving an audit dispute that’s threatened U.S.-listed Chinese companies with […]
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Restaurants are getting creative with menus to counter soaring food costs
Long Beach Fish Grill’s menu board Source: Jessica Dinglasan Jessica Dinglasan, owner of Long Beach Fish Grill in Long Beach, California, never used to write “market price” on her menu. But now the halibut fish she sources costs more than $30 a pound, nearly double what it was a year ago, and the 13-gallon container […]
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ECB will have to ‘think again’ on policy if outlook deteriorates rapidly, chief economist says
Christine Lagarde (R), President of the European Central Bank (ECB), and Vicepresident Luis de Guindos (L) Thomas Lohnes | Getty Images News | Getty Images European Central Bank Chief Economist Philip Lane on Friday acknowledged “very high” inflation in the region and said the Frankfurt institution might have to “think again” about its policy stance. […]
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Stocks making the biggest moves premarket: GameStop, Apple, BlackBerry and more
Check out the companies making headlines before the bell: GameStop (GME) – GameStop plans to seek shareholder approval to boost the number of shares outstanding in order to enable a stock split. The videogame retailer is proposing an increase to 1 billion shares from 300 million. The stock surged 16.6% in the premarket. Apple (AAPL) […]
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