BLUFFDALE, Utah — Imagine paying a deposit for expensive furniture, only to have the company vanish before you get your stuff. It has become a familiar experience for several Utahns who bought furniture from a Bluffdale store. For months and months, the business owner pleaded for patience. Now, she has gone silent. So, what do […]
Category: Economy
Elena Rodriguez cuts vegetables in the soup kitchen where she works in Pamplona Alta, a low-income neighborhood on the outskirts of the Peruvian capital where soaring food prices are placing animal proteins out of reach for the most vulnerable residents, in Lima, Peru April 11 , 2022. REUTERS/Daniel Becerril Register now for FREE unlimited access […]
(NEXSTAR) – One of the varied perks and services Costco members enjoy went away at the beginning of this month – the Mortgage Program. As of May 1, shoppers are no longer able to add a mortgage application to their Costco list after the warehouse club announced the program’s closure. “Members with questions regarding their […]
The best-laid plans for a full-time return to the office remain bedeviled by Covid-19 case rates and a work force reluctant to go back to their commutes, according to data published this week by the Partnership for New York City, a business advocacy group. Just 8 percent of Manhattan office workers are back in the […]
“They’re just plain wrong,” Clark told CNN in a rare interview. “We’ve had decades of low inflation. There wasn’t some magic burst of consolidation in the last month or the last quarter. That’s not what’s going on.” Clark, the first woman to lead America’s largest business lobbying group, instead blames the 40-year high in inflation […]
Gas prices jump to fresh record highs
New York CNN Business — In another blow to the US economy, prices at the pump soared to fresh record highs. The national average price for regular gasoline climbed more than four cents on Tuesday to $4.37 a gallon, according to AAA. That takes out the previous record of $4.33 set on March 11. The […]
‘I have never seen these things’
The EU is planning a complete ban on Russian oil imports.iznashih/Getty Images Saudi Oil Minister Prince Abdulaziz bin Salman warned Tuesday that the world is “running out of energy capacity at all levels.” “I am a dinosaur, but I have never seen these things,” he said at a conference. A UAE official also warned that […]
A Fund-Raising Guru Still, Mr. Breslow has become something of a legend in the Valley, for his fund-raising wealth and his outspoken behavior. Last summer, he self-published a 58-page book on fund-raising, described on Amazon as an “essential playbook” for start-ups. “Fund-raising is purely a matter of momentum,” he wrote. Jack Burlinson, an entrepreneur who […]
Treasury Secretary Janet Yellen said student-loan relief “could be good for the economy.” She added there are “trade-offs” that should be analyzed, but she’ll support what Biden decides. Biden recently said a decision on student-loan forgiveness will be made in the coming weeks. loading Something is loading. Broad student-loan forgiveness remains controversial, but President Joe […]
A general view shows the city center and Stalin-era skyscrapers in Moscow, Russia May 18, 2020. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register May 10 (Reuters) – Four Russian regional governors resigned on Tuesday as the country braces for the impact of economic sanctions. The heads of the Tomsk, Saratov, Kirov […]