photo: worawit_j (Shutterstock) Recently, Georgia became the 13th state in the country to mandate personal finance education for high school students. According to Next Gen Personal FinanceGeorgia joins Alabama, Florida, Iowa, Mississippi, Missouri, Nebraska, North Carolina, Rhode Island, Ohio, Tennessee, Utah, and Virginia in requiring teens to take at least one semester of personal finance […]
A worker loads an aluminum coil onto a truck at the Arconic manufacturing facility in Alcoa, Tennessee, on Wednesday, March 9, 2022. Luke Sharrett | Bloomberg | Getty Images Prices at the wholesale level accelerated further in April, part of a broader inflation problem persisting through the US economy, the Bureau of Labor Statistics reported […]
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures drop after Wall Street extends its multiday losing streak Traders on the floor of the NYSE, May 11, 2022. Source: NYSE US stock futures dropped Thursday as the broad sell-off and revaluation of risk assets […]
Take a look at some of the biggest movers in the premarket: Ford (F), General Motors (GM) – Ford fell 2.8% in premarket trading while GM slid 3.4% after Wells Fargo double-downgraded both stocks to “underweight” from “overweight.” Wells Fargo said 2022 could represent a profit peak for legacy automakers, with the shift toward electric […]
Covid lockdowns have hit China’s economy, and the Asian giant might have to issue more debt to continue meeting its growth target. Kevin Frayer | Getty ImagesNews | Getty Images China may have to issue more debt as it tries to keep growing in the face of Covid lockdowns that are stunting its economy. The […]
Food prices were 9.4% higher in April 2022 than in April 2021 — the largest annual increase in 41 years, the Bureau of Labor Statistics said Wednesday. Grocery prices jumped 10.8% for the year. (The prices do not reflect seasonal swings.) Individual items, too, are facing unique challenges. Avocado prices soared after the US briefly […]
McDonald’s franchise owners are expressing concern and frustration over a new grading system the fast food giant is planning to roll out early next year, with some saying it is poor timing due to unprecedented pressures in the workforce. The company plans to enact the system, called Operations PACE, which stands for Performance and Customer […]
Louis Alvarez | digitalvision | Getty Images Inflation is hovering near 40-year highs. The Consumer Price Index, a key inflation metric, increased 8.3% in April from a year ago, the largest jump since the summer of 1982, the US Department of Labor said Wednesday. While a slight reduction from the 8.5% rate in March, the […]
Louis Alvarez | digitalvision | Getty Images Inflation is hovering near 40-year highs. The Consumer Price Index, a key inflation metric, increased 8.3% in April from a year ago, the largest jump since the summer of 1982, the US Department of Labor said Wednesday. While a slight reduction from the 8.5% rate in March, the […]
photo: AP (AP) canoe, an EV startup that some guy named Jason eleven had very high hopes for, said tuesday that it is worried about its future. This is sad news because, like Jason, I once was pretty hopeful about Canoo, too, which wanted to make what was more or less the anti-Cybertruck. My colleague […]