Economic recovery losing momentum: NABE survey

Long-term market trends indicate ‘bullish’ direction of US economy: Expert Merrill Lynch Wealth Management President Andy Sieg on the current consumer market and how to best allocate capital within it. A group of business economists' confidence in the U.S. economy is waning, a decline driven by the possibility of a new, vaccine-resistant COVID-19 variant.   A survey released Monday by […]

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This City Has the Happiest Workers

What makes people happy about where they work? A new study from Lensa claims that the factors include unused vacation days, average weekly hours worked, annual wages and a measure called “happiness levels.” The analysis does not entirely make sense because unused vacation days usually indicate people are working unusually hard. Lensa’s “America’s Happiest Workforces” looks at states with the […]

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Wine beats scotch and Hermés bags as top luxury investment

Prices of investment-grade wine have risen 13%, making it frontrunner of luxury investment index Last modified on Thu 23 Sep 2021 12.29 EDT There has been no hangover for wine investors during the pandemic, with bottles of Bordeaux proving a better bet than stashing cash in a Hermés handbag or rare whisky. Interest from collectors helped wine see off competition […]

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Job postings in August up 14% year-on-year: Monster

Strong growth was witnessed in e-recruitment activities in IT, shipping and telecom/ISP industries. Overall job postings in August grew by 14% year-on-year (YoY), while industries such as garments, textiles, leather, gems & jewellery grew 24% between July and August this year with festive season pushing up demand for seasonal hiring, said a Monster Employment Index released on Monday. Most of […]

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Economic recovery on track: Patra

“RBI’s growth target of 9.5% for the full year is eminently achievable” Reserve Bank of India (RBI) deputy governor Michael D. Patra on September 16 said the economic recovery remained on track as reflected in the trend of the production and order books. “RBI’s growth target of 9.5% for the full year is eminently achievable,” he said in an online […]

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Nicholas leaves more than 100,000 without power in Texas, Louisiana

Louisiana cheer business owner offers beds, food to linemen Zachary Cheer Athletics owner Jessica Stott discusses the damage she’s seen from Hurricane Ida and how her business and community is helping the recovery process.   More than 100,000 customers were without power in Texas and Louisiana on Thursday morning as now post-Tropical Cyclone Nicholas moved near the coastline.  More than 56,200 […]

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Mortgage applications tick higher as refis stall

Fox Business Flash top headlines for September 14 Check out what’s clicking on FoxBusiness.com. Demand for mortgage applications increased slightly by 0.3% from a week ago, according to the Mortgage Banker's Association's survey, driving the purchase Index higher.  GET FOX BUSINESS ON THE GO BY CLICKING HERE "Purchase applications – after adjusting for the impact of Labor Day – increased […]

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As heating bills go up, put your energy into keeping costs down

With wholesale energy prices soaring, millions of householders will face bigger bills next month. But there are ways to save Millions of people are set to see their heating bills go up from next month – and some are predicting more rises to come next year. The soaring wholesale price of gas in the first part of this year recently […]

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Kroger Co. Q2 Profit Beats Estimates, Raises 2021 Guidance

The Kroger Co. (KR) reported an increase in adjusted profit for the second-quarter that also topped Wall Street estimates. Excluding fuel, sales decreased 0.4% year-on-year. For fiscal 2021, Kroger Co. projects adjusted identical sales to decline in a range of 1.5% to 1.0%. The company remains confident in its ability to deliver total shareholder returns of 8% to 11% over […]

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