In this article LUV A baggage handler pushes a bag near a Southwest Airlines airplane at Hollywood Burbank Airport in Burbank, California, October 10, 2021. Robyn Beck | AFP | Getty Images Southwest Airlines on Saturday offered its flight attendants new incentives aimed at avoiding more flight cancellations, particularly over the peak holiday period, amid
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China’s digital yuan currency is displayed on a mobile phone in Yichang, Hubei province, China, Feb. 22, 2021. Costfoto | Barcroft Media | Getty Images Don’t expect central banks to issue their own digital currencies anytime soon — that was the message from the Bank of England this week. The U.K. central bank on Tuesday
Antoine Walker, former professional NBA player Shareif Ziyadat | Getty Images In 2008, at the end of his 13-year basketball career, Antoine Walker had amassed $108 million. Two years later, he had nothing. “I came into the league at 19 years old,” he said. “I came from humble beginnings, so I was not used to
President Biden’s Build Back Better agenda has changed several times in the past few months. In September, the House Ways and Means Committee released a draft that included $3.5 trillion in spending and tax credits, paired with roughly $2.1 trillion in tax increases (resulting in a net tax increase of about $1 trillion). On October
In this article LMT Karim Sahib | AFP | Getty Images DUBAI, United Arab Emirates — Dubai’s last international air show, in November of 2019, feels like another era. Just a few months before the Covid-19 pandemic turned travel upside down, the highly-attended biennial aviation event celebrated an industry that looks very different today. But
Books by and about Chinese President Xi Jinping fill a display at the Museum of the Communist Party of China in Beijing on November 11, 2021. Noel Celis | AFP | Getty Images BEIJING — A top Chinese official issued a rare criticism of the U.S. and Western democracy during a high-profile political press conference
In this article FB If the goal was to get people talking about Iceland, a new tourism video is more than succeeding. A video published yesterday by Inspired by Iceland, a marketing campaign for Icelandic tourism, takes aim at a Mark Zuckerberg video released in October announcing Facebook’s name change to Meta. In it,
In this article CNC Morsa Images | DigitalVision | Getty Images Company: Centene Corp. (CNC) Business: Centene operates as a multi-national health-care enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Its Managed Care segment offers health plan coverage to individuals through government-subsidized programs, including Medicaid, state children’s health
If Black Friday — the biggest shopping day of the year — is no longer the day after Thanksgiving, is it still considered Black Friday? This year, instead of one-day doorbuster deals, the discounts are rolling out well before Thanksgiving week, spurred by a number of challenges, including supply chain setbacks and a labor crunch. These
As an aspiring entrepreneur, you may have a good idea, but tread lightly before using retirement savings as capital. Renee Edwards has wanted to be her own boss since she first heard the name Warren Buffett. “I’ve been following him for a long time,” she said of the Berkshire Hathaway chief executive and revered investor.
Blackstone Group office in Luxembourg. Geert Vanden Wijngaert | Bloomberg | Getty Images Blackstone: “We know Blackstone’s had a giant run. You can actually say it’s been 100 points of recommending the stock. They’re a very good company that I think can go even higher still.” Nio: “We don’t need Nio. We’ve got Tesla. We’ve
In this article WRBY RIDE RIVN TSLA The Lordstown Motors Corp. Endurance electric pickup truck is displayed during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Johnson & Johnson — Shares of the health care
Universal basic income (UBI) is a fiscal program where the government gives every citizen a set, recurring amount of money. In the past, the idea has garnered support from across the political spectrum, including from Martin Luther King Jr. and libertarian philosopher Charles Murray. More from Grow:The 3-step plan helping me pay off debt and build my net worthThe
Morsa Images | DigitalVision | Getty Images The standard premium for Medicare’s outpatient care coverage will jump by 14.5% for 2022, far outpacing an earlier estimate of 6.7%, according to the government. The standard premium for Part B, which covers outpatient care and durable equipment, will be $170.10 next year, up $21.60 from $148.50 this
Portland Trail Blazers President and CEO Chris McGowan speaks to reporters. Sam Forencich | NBAE | Getty Images Portland Trail Blazers executive Chris McGowan is resigning as CEO, the team announced on Friday. The Blazers said chief commercial officer Dewayne Hankins would take over the role of president of business operations. Paul Allen’s estate owns
In this article CPRI TPR A man walks past a Coach store on Madison Avenue in New York, January 23, 2013. Carlo Allegri | Reuters Coach owner Tapestry shares were up more than 8% on Thursday, as the high-end handbag owner hiked its revenue forecast for the year and said shoppers shouldn’t worry about finding
Joe Raedle | Getty Images Americans are quitting their jobs in record numbers. However, they likely won’t qualify for unemployment benefits. Just over 4.4 million people quit in September, an increase of 164,000 from the prior record in August, the Labor Department said Friday. The quits rate also jumped to 3%, another all-time high. (This
Elon Musk is cashing in. The Tesla CEO — who this weekend made waves with a Twitter poll asking his 61 million followers whether he should sell a chunk of his stake in the electric automaker — has sold nearly $5.7 billion worth of shares of his company over the past few days. Musk’s sales
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, October 19, 2021. Brendan McDermid | Reuters The market, regardless of which index we use – S&P 500, Dow or Nasdaq – keeps climbing and making new highs. With that type of trajectory, we might assume that there are
A customer selects goods at a supermarket in New York, the United States, Aug. 11, 2021. Wang Ying | Xinhua News Agency | Getty Images As inflation surges, the IRS has boosted federal income tax brackets for 2022, standard deductions, 401(k) contribution limits and more. But other provisions remain unchanged, leading to higher tax bills