EXCLUSIVE: Despite the pandemic, the WGA’s $3.65 billion Pension Plan is in “good shape” and has gotten better funded in each of the last three years, according to the Plan’s latest funding notice, which notes that its funding level of 88.8% puts it well within the so-called “Green Zone.” Plans in the Green Zone, which is the highest level of […]

The top two payment networks in the US, Visa Inc. (V) and Mastercard Inc. (MA), recently changed their fees structures for those merchants, who accept credit cards as a payment option from customers. The fees, charged every time the customer uses the card, is in most cases a percentage of the total amount spent by the customer. Across the board, […]

Every year, an average of more than 50 volcanoes erupt around the world. For instance, the Cumbre Vieja volcano on La Palma, one of Spain’s Canary Islands, off the coast of Morocco, is currently erupting, and has thus far destroyed 500 buildings and caused the evacuation of two villages. Many eruptions are minor, but occasionally a historic blast causes massive […]

New orders for U.S. manufactured durable goods rebounded in the month of March, according to a report released by the Commerce Department on Tuesday. The report showed durable goods orders climbed by 0.8 percent in March after tumbling by a revised 1.7 percent in February. Economists had expected durable goods orders to jump by 1.0 percent compared to the 2.2 […]

Government 'hasn't reacted' to rising inflation says economist We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info The store’s owner, Associated British Foods (ABF), said all its businesses had […]

‘The money is readily available to the depositors.’ Unity Small Finance Bank, a 51:49 joint venture between the Centrum Group and Bharat Pe, which took over the beleaguered Punjab and Maharashtra Cooperative (PMC) Bank, has credited PMC Bank depositors with Rs 3,800 crore (Rs 38 billion). This is more than two years after PMC went bust and the Reserve Bank […]

FILE PHOTO: Federal Reserve Board Governor Lael Brainard testifies before a Senate Banking Committee hearing on her nomination to be vice-chair of the Federal Reserve, on Capitol Hill in Washington, U.S., January 13, 2022. REUTERS/Elizabeth Frantz(Reuters) – President Joe Biden’s nominees to the Federal Reserve moved a step closer to confirmation after Lael Brainard, Biden’s pick to be the U.S. […]

Shares of Eliem Therapeutics, Inc. (ELYM) more than halved on Monday morning hurt largely by the clinical-stage biotechnology company’s update from trials of ETX-810 and ETX-155. ELYM is currently trading at $2.80, down $3.71 or 56.99%, on the Nasdaq, on a volume of 1.4 million shares, above average volume of 50 thousand shares. The stock had opened its trading at […]

New York (CNN Business)Burger King is giving away free fries — but there’s a catch. The new perk is available only to members of Burger King’s free Royal Perks digital loyalty program. Beginning Monday, customers can add french fries of any size (small, medium or large) to their purchase once a week at no extra cost. The offer is available […]