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Markets

5 things to know before the stock market opens Wednesday, May 11

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures turn lower after consumer prices remain at four decade highs Traders on the floor of the NYSE, May 10, 2022. Source: NYSE US stock futures turned lower Wednesday after the first of two key April inflation […]

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Economy

“We’re in business not to lose money” Local businesses deal with rising costs | News

TERRE HAUTE, Ind. (WTHI) – While inflation is hurting many of you at home, it is also making it much harder for businesses across the Wabash Valley. Grand Traverse Pie Company in Terre Haute has been open for about 15 years. General Manager Stephen Huddleston said he has not seen an economic situation like this […]

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Personal Finance

How to Save for Retirement in Trying Times, According to a Top Financial Expert

Christine Benz, morning star ‘s director of personal finance, is a mix of analytical and practical. Her analytical side of her says US growth stocks are overvalued, so she advises investors to load up on foreign stocks and cheaper US value stocks. Her practical side of her realizes that Americans worry about their mortgages or […]

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Celebrity

Paris Hilton visits the White House to advocate for institutionalized youth

Hilton, a White House official tells CNN, “was at the White House with state and national advocates as part of her advocacy efforts to improve protections of youth in residential programs and facilities.” The official added, “She met with policy staff where she and other survivors shared their powerful stories and discussed issues pertinent to […]

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Personal Finance

American household debt continues to march higher, driven by one major factor and should you tell your coworkers your salary — or keep it a secret?

Hi, MarketWatchers. Don’t miss these top stories. The 10 most popular cities that Americans moved to last year — and four are in this one state Here’s a hint: No New York or California cities made the Penske list of ’10 Moving Destinations for 2021,’ but plenty of Southern cities did. Read More ‘Open discussion […]

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Mobile

How Citizens Financial used an iPhone plan to create a nationwide digital bank

Citizens Financial Group Inc. launched its Citizens Pay iPhone upgrade plan in 2015 as an early form of the buy-now-pay-later concept that’s in vogue in the payments space. The idea was to take the Citizens CFG, -0.96% brand as a credit provider and combine it with Apple’s AAPL, +1.61% iPhone to help customers avoid waiting […]

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Economy

Biden says White House could drop Trump China tariffs to lower consumer prices

President Joe Biden said he could drop some of the tariffs imposed against Chinese imports to help control rising consumer prices in the US — just as Wall Street braces for another inflation report north of 8%. The White House is reviewing the penalties imposed under former President Donald Trump — which raised prices on […]

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Markets

No, the markets are not panicking about inflation

If you’ve turned on a TV, listened to the radio, or surfed internet news sites recently you’ve almost certainly heard that there is a crisis, and a panic, about inflation. You’ve been told it’s the reason the Federal Reserve is jacking up interest rates. It’s the reason the stock market has been plunging. It’s a […]

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Economy

UAE, Saudi Arabia energy ministers hit back at NOPEC bill

UAE Energy Minister Suhail Al Mazrouei says moves by US authorities to introduced NOPEC legislation would bring chaos to energy markets. AFP | Getty Images Top OPEC ministers have hit back at new US legislation intended to regulate its output, saying such efforts would bring greater chaos to energy markets. UAE Energy Minister Suhail Al […]

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Celebrity

Prince Charles delivers Queen’s Speech for the first time

London CNN — Britain’s heir-to-the-throne Prince Charles and Prince William took center stage at the opening of parliament on Tuesday, replacing the 96-year-old Queen Elizabeth who missed the grand set-piece event for the first time in almost six decades. With the Queen forced to withdraw on Monday due to a recurrence of mobility issues, 73-year-old […]