Singapore’s central business district at dusk. Edward Tian | Moment | Getty Images The Michelin Guide added 17 food stalls and two restaurants in Singapore to its Bib Gourmand list this week. In total, 79 dining establishments in the city-state were named to the list, an increase from 67 last year. The Bib Gourmand category
Month: June 2023
Jaidev Janardana, CEO of peer-to-peer lender Zopa. Zopa LONDON — British digital bank Zopa is beefing up its management team with a couple of senior hires, as the company looks to fuel growth and prepare its business for an eventual public listing. The SoftBank-backed company, which offers credit cards, personal loans and savings accounts, told
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Christine McCarthy, Senior Executive Vice President and Chief Financial Officer, The Walt Disney Company, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in Beverly Hills, California. Michael Kovac | Getty Images Entertainment
Ethan Miller | Getty Images News | Getty Images Mortgage rates are likely to remain high despite the Federal Reserve’s pause on interest rate hikes. While that may be good sign for fixed-income funds in California, the pause is a blow to affordable housing in the state, said Fiona Ma, California state treasurer, during the
Moyo Studio | E+ | Getty Images Saving enough money to comfortably retire later in life may seem like a daunting, out-of-reach goal. But some are challenging themselves to reach that goal even sooner than usual. The FIRE movement — which stands for Financial Independence, Retire Early — is built on the idea that handling
In this article BLK Follow your favorite stocksCREATE FREE ACCOUNT Bitcoin is up 50% so far in 2023, beating major commodities and stock indexes. Filip Radwanski | Sopa Images | Lightrocket | Getty Images Asset management giant BlackRock took the first steps Thursday to launch a spot bitcoin exchange-traded fund, which has long been a
The first class suite on Qantas’ ultra-long-range A350-1000. Courtesy: Qantas Long flights are making a comeback. It is one of the clearest signs yet that airlines are betting that the rebound of international travel, devastated in the Covid pandemic, will continue to grow. On Wednesday, Qantas launched service between New York and Sydney with a
In this article BAC Follow your favorite stocksCREATE FREE ACCOUNT A Bank of America branch in New York’s Times Square. Stan Honda/AFP/Getty Images Bank of America has committed to giving more than $500 million in equity investments to minority- and women-led fund managers to support diverse entrepreneurs, the bank announced Thursday in a press release.
PGA TOUR logo is seen during the second round of the Farmers Insurance Open at Torrey Pines South on January 29, 2021 in San Diego, California. Ben Jared | Pga Tour | Getty Images The Justice Department’s Antitrust Division has informed the PGA Tour it will review the organization’s proposed merger with Saudi-funded LIV Golf,
After more than a year of steady rate hikes, the Federal Reserve held its target federal funds rate steady Wednesday. For households, however, that offers little relief from record-high borrowing costs. “It’s not like rates will go down,” said Tomas Philipson, University of Chicago economist and a former chair of the White House Council of Economic
Guests are seen in the J Hotel located in the Shanghai Tower, in Shanghai on June 23, 2021. Hector Retamal | Afp | Getty Images China, with the world’s second-largest economy and the second-highest population, will again see the biggest exodus of millionaires this year, according to new research. According to a report by investment
A football with the NFL logo. Jacob Kupferman | Getty Images The National Football League is making a big play to increase lending in underrepresented communities. The league is borrowing $78 million from a syndicate of Black- and minority-owned banks and community development financial institutions. The loan deal will generate “tier 1 capital” for the
In this article Follow your favorite stocksCREATE FREE ACCOUNT The Cava logo is displayed at a Cava location in Pasadena, California, Feb. 6, 2023. Mario Tama | Getty Images News | Getty Images Mediterranean fast-casual restaurant chain Cava priced its initial public offering at $22 per share, above a previously stated range, the company said
View Press | Corbis News | Getty Images Rent prices in the U.S. are now out of reach for many low-wage earners. A full-time worker in the U.S. needs to make $28.58 an hour, on average, to afford the rent on a modest two-bedroom apartment in their area. In California, Hawaii, Massachusetts and New York,
Couple talking to financial advisor at home Fg Trade | E+ | Getty Images After an interest rate pause from the Federal Reserve and predictions of future hikes, advisors are weighing bond allocation changes and portfolio opportunities. The central bank on Wednesday announced a break from raising interest rates, following rate increases during the last
WASHINGTON, DC – MAY 03: Federal Reserve Board Chairman Jerome Powell delivers remarks at a news conference following a Federal Open Market Committee meeting on May 3, 2023 in Washington, DC. The Federal Reserve announced a 0.25 percentage point interest rate increase bringing the key federal funds rate to more than 5%, a 16-year high.
In this article ABI-BE STZ Follow your favorite stocksCREATE FREE ACCOUNT Modelo Especial beer arranged in the Brooklyn Borough of New York, U.S., on Tuesday, Nov. 23, 2021. Gabby Jones | Bloomberg | Getty Images Bud Light lost its top spot in the U.S. beer market last month, as the brand’s sales sagged following a
Lucigerma | Istock | Getty Images Retirement confidence may be dropping due to the economy. But for retirement savers and retirees alike, there’s one worry that stands out above the rest — the possibility they may outlive their assets, according to new research from research and consulting firm Cerulli Associates. That worry looms large for
Ottawa Senators goaltender Alex Auld (35) stops Nashville Predators’ Patric Hornqvist, right, during second-period NHL hockey action in Ottawa, Ontario, Thursday, Feb. 9, 2012. (AP Photo/The Canadian Press, Fred Chartrand) Fred Chartrand The National Hockey League’s Ottawa Senators have found a new owner. Toronto-based billionaire Michael Andlauer has agreed to acquire the Senators, setting a
Federal Reserve Chairman Jerome Powell holds a news conference after the release of U.S. Fed policy decision on interest rates, in Washington, May 3, 2023. Kevin Lamarque | Reuters On the heels of a 10-meeting streak of raising interest rates, the Federal Reserve on Wednesday is expected to take a break and let the U.S.
In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Marchers with Starbucks pass through the landmark intersection of Hollywood and Highland during the annual Pride Parade on June 12, 2022 in the Hollywood section of Los Angeles, California. David Mcnew | Getty Images Starbucks Workers United said Tuesday that dozens of the coffee chain’s
Djordje Krstic | Istock | Getty Images New government data shows the annual rate of inflation dipped to the lowest level in about two years as of May. But that may be bittersweet news for Social Security beneficiaries, as they may receive a much lower cost-of-living adjustment in 2024 than they did this year. The
Sam Edwards | Getty Images If you’re a freelancer, entrepreneur, or other worker who doesn’t have taxes withheld from your paycheck, a key deadline to make payments is approaching, according to the IRS. The due date for 2023 second-quarter estimated tax payments is June 15, which applies to income without withholdings, such as self-employment earnings,
A JD.com truck receiving incoming goods and preparing shipments at the Northeast China-based Gu’an warehouse and distribution facility in Gu’an, Сhina. XiXinXing | iStock Editorial | Getty Images Check out the companies making headlines in midday trading. Biogen — Shares of the biotech stock dipped 3% after Biogen revamped its board of directors. Three current
New York, NY. – December 7th. Portrait for a profile on Fanatics founder & CEO Michael Rubin at his office in downtown NYC. The Washington Post | Getty Images Fanatics held its second investor day in nearly a year as the company quietly moves closer to an initial public offering, a source familiar with the
Margaret Roesch, 67, and her wife Pat McAulay, 68, wanted to have a supportive community around them as they grew older. So they helped to create a cohousing development for LGBTQ+ seniors and allies, making it easier to offer support to one another. “We said we don’t want to have to go back in the
In this article LIND Follow your favorite stocksCREATE FREE ACCOUNT It felt as if we had the jungle to ourselves. As we explored Costa Rica’s Corcovado National Park, we spotted rare birds, spider monkeys — even a sloth and her infant — among the trees of the rainforest. It was one of many experiences I
The GPT-4 logo is seen in this photo illustration on 13 March, 2023 in Warsaw, Poland. Jaap Arriens | Nurphoto | Getty Images AMSTERDAM, Netherlands — Major banks and fintech companies claim to be piling into generative artificial intelligence as the hype surrounding the buzzy technology shows no signs of fizzling out — but there are
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Trucks come off the assembly line at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018. John Gress | Reuters DETROIT – General Motors announced plans Monday to invest $632 million for production of its next-generation full-size pickup
Berk Ucak | Istock | Getty Images When federal student loan bills restart in September, millions of borrowers could be making their payments to a company they’ve never heard of. During the pause of more than three years on payments, several of the lenders that managed the debt for the government stopped doing so. Those
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