Feifei Cui-paoluzzo | Moment | Getty Images Last week, the Federal Reserve slashed interest rates for the first time in over four years, signaling a potential uplift for stocks and Wall Street. But what does it mean for the backbone of America, our small businesses? A new CNBC|SurveyMonkey study fielded just before the Fed announced … Read more
The six bosses at one of the firms involved in the controversial ticketing and promotion of Oasis’ reunion tour have received a £14.8m total dividend for 2023. The directors got the payout after the firm, SJM, made a £11.8m pre-tax profit, according to its accounts for last year, posted on Thursday. The payout, which is … Read more
NEW YORK — Global Citizen CEO Hugh Evans says the sense of urgency that younger generations bring to solving international challenges needs to be nurtured in the rest of the world. “So many of the world’s most prolific movements were started by people when they were young,” Hugh Evans said, noting that Martin Luther King … Read more
When Cindy Taff was a vice president at the giant oil and gas company Shell in Houston, her middle schooler Brianna would sometimes look over her shoulder as she worked from home. “Why are you still working in oil and gas?” her daughter asked more than once. “Is there a future in it? Why aren’t … Read more
NEW YORK — A lively discussion broke out backstage during Climate Week NYC between a TikTok comedian, a buzzed-about actress, a Latin cuisine entrepreneur and a cooking content creator. Convened by World Food Program USA to educate the panel’s audiences — over 1.8 million Instagram followers combined — about hunger, the four weighed best practices … Read more
Democratic presidential candidate Vice President Kamala Harris and her husband, Doug Emhoff, stop at a Sheetz gas station in Coraopolis, Pennsylvania, on Aug. 18, 2024. Angela Weiss | AFP | Getty Images As she unveiled her most detailed economic plan yet this week, Democratic presidential nominee Kamala Harris pledged to fight price gouging in order … Read more
Fixed-priced deals offer certainty for a set period but, if prices drop, people could find themselves stuck at a higher price. The forecaster Cornwall Insight, which tracks the energy market, has suggested prices could increase again slightly in January, due to rising wholesale costs paid by suppliers. It says the typical home could pay £1,762 … Read more
Getty Images In 2010 the Gulf state of Qatar bought luxury department store Harrods for £1.5bn, via its sovereign wealth fund, the Qatar Investment Authority. It should have been the jewel in the Qatari crown. However, Harrods now faces serious sexual abuse allegations over the actions of its former boss, Mohamed Al Fayed. Many of … Read more
With a dockworkers’ strike threatening to close ports on the East and Gulf coasts beginning this week, Chris Butler is growing worried. Butler is CEO of the National Tree Company, and, like many businesses, his is counting on shipments that are en route from Asia but won’t reach their ports before an expected strike by … Read more
LIGNORELLES, France — On a brisk late September morning in the heart of Chablis wine country, grape pickers haul large and heavy buckets over their shoulders, drenched in sweat as they climb the very steep slope of the Vau de Vey vineyard. It’s the final day of the harvest at the Domaine Roland Lavantureux winery, … Read more