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Japanese Yen rises due to increasing odds of a further BoJ rate hike – FXStreet

The Japanese yen has strengthened as traders expect the Bank of Japan to raise interest rates further in the near future. Machinery orders in Japan rose 2.1% in June from the previous month, beating expectations of a 1.1% increase. The US dollar weakened as dovish comments from the Federal Reserve increased the likelihood of a […]

Disney to hike streaming prices after announce profits

Disney’s streaming platform finally posted a net profit after a long struggle that saw the company lose billions of dollars. In its third-quarter earnings report, the company announced that streaming profits beat expectations for the quarter. Disney said direct-to-consumer revenue totaled $47 million in the third quarter, a big recovery from a $512 million loss […]

Massachusetts man dies after rescue from New Hampshire hike by Black Hawk helicopter

A Massachusetts man was transported by Blackhawk helicopter after receiving emergency treatment while hiking in a remote area with his family. The New Hampshire Department of Fish and Wildlife said in a news release that they received a call around 2:14 p.m. Tuesday about a 52-year-old man experiencing a medical emergency between two peaks on […]

Deckers shares soar after profit forecast hike on strong Hoka, UGG sales

Shares of Deckers Outdoor Inc. soared as much as 17% on Friday after several brokerages raised their price targets after the company bet on full-price sales of its best-selling Hoka running shoes and Ugg boots to boost its full-year profit forecast. Shares of clothing company Deckers Outdoor surged on Friday after the company raised its […]

NYC food-delivery workers losing jobs after minimum wage hike: report

New York City’s minimum wage hike has boosted pay for food delivery workers who have managed to stay employed, but city officials report that thousands have lost their jobs as the cost of delivering meals has skyrocketed. A report from New York City’s Department of Consumer and Workforce Protection said pay has increased substantially due […]

DC minimum wage hike to $17.50 goes into effect on Monday

Washington, D.C., will raise its minimum wage from $17 to $17.50 per hour for nontipped workers and from $8 to $10 per hour for tipped employees, effective Monday. The Office of Wage-Hour Compliance at the Department of Employment Services oversees the enforcement of fair compensation practices to ensure employers in the district fulfill their obligations […]