Dollar gains as inflation data looms; yen on intervention watch – Yahoo Finance
Written by Brigid Riley and Alan John TOKYO/LONDON (Reuters) – Traders were wary of key economic indicators and hesitant about the yen’s movements on Thursday after U.S. Federal Reserve policymakers said they were in no hurry to cut interest rates. The dollar appreciated against the euro and pound. Regarding concerns about Japanese intervention. Japan’s currency […]
BlackRock CEO says Social Security’s retirement age ‘a bit crazy’ as crisis looms
Sen. Bill Cassidy (R-Louisiana) discusses the Republican Party’s Social Security savings plan and reacts to Bernie Sanders’ 32-hour work week initiative on Bernie & Company. BlackRock CEO Larry Fink He sent his annual letter to investors on Tuesday, noting that the aging U.S. population is putting a “tremendous burden” on Social Security and that retirement […]
ByteDance pushing TikTok users to new Lemon8 app as ban looms
TikTok’s parent company ByteDance is paying influencers to promote its other social media platform, Lemon8, as the Senate considers banning the video-sharing giant. Major Chinese companies could be forced to sell TikTok or face a complete ban from the app if a bill passed by the House of Representatives this month is also passed by […]
Bidenomics Going Bust? Unemployment Is Rapidly Rising In Most US States As Election Looms
Unemployment rates have risen in all but three states over the past year as President Joe Biden continues to boast about his handling of the economy. As of February, the states with the largest year-over-year increases in personal unemployment rates were Rhode Island, Maine, and Connecticut, all of which increased by more than 1%, but […]
California Restaurants Forced To Cut Jobs As Newsom’s Minimum Wage Hike Looms
California restaurant owners are resorting to layoffs in preparation for a minimum wage hike for fast-food workers, according to the Wall Street Journal. Democratic California Gov. Gavin Newsom signed a bill in 2022 that gives the state-appointed Legislature the power to set wages, working conditions and training standards for fast food restaurants. Businesses, especially pizza […]
California chains slash workers as $20-an-hour minimum wage looms
California restaurants are laying off staff and reducing hours for other team members to cut costs ahead of California law that increases fast-food workers’ hourly wage to $20 per hour, taking effect April 1 It is reported that they are doing so. In the months leading up to the wage mandate, California restaurants, especially pizza […]
Donald Trump arrives in court for hush money hearing as deadline looms to pay $454m fraud trial bond – live | Donald Trump
President Trump arrives in Manhattan courtroom for hearing that could further delay hush money trial as judge Victoria Bekiempis donald trump He has just entered a Manhattan courtroom as a judge for a pivotal hearing in a hush money case. Juan Marchan Consider whether to set a new trial date or delay the trial further. […]
Trump’s ‘only choice’ may be to declare bankruptcy as $454M bond deadline looms: Top business writer
Former President Donald Trump could be forced to declare bankruptcy if he fails to post $454 million bail by Monday’s deadline in his civil fraud trial, according to a leading business writer. Best-selling author and financial journalist Bill Cohan said Sunday in an interview with Puck reporter Peter Hamby on the podcast “The Powers That […]
Trump’s financials ‘worth’ a long look as $454M bond deadline looms
It wasn’t that long ago, just before the 2016 presidential election to be exact, that Donald Trump made the following claim: His net worth is “over $10 billion.” Donald’s humble boast came in a press release as he prepared for his first successful bid for the White House. Perhaps he used all caps for emphasis. […]
Humanitarian crisis looms in Chad as refugee camps face funding shortfall
Overcrowded refugee camps in eastern Chad are facing imminent financial depletion, according to the United Nations. The United Nations World Food Program has stated that more than one million people in Chad, including refugees, risk losing access to life-saving aid without funding. The conflict in Sudan has claimed more than 5,000 lives, displaced millions and […]