European stocks fell from record highs on Thursday as investors digested the hawkish tone in the minutes from the latest U.S. Federal Reserve meeting. The minutes from its December meeting indicated a faster timetable for raising interest rates this year amid a very tight job market and unabated inflation. Covid-19 worries also weighed, with a French government spokesperson saying that […]
Read moreDecember is the seventh consecutive month in which inflation topped 5%, a blow to the Biden administration and Federal Reserve First published on Wed 12 Jan 2022 08.36 EST The price of goods and services in the US continue to rise at rates unseen in decades, jumping 7% in December compared to the same month last year – the seventh […]
Read moreGiven the strength in trading, it’s no wonder some firms think they can make price rises stick Last modified on Wed 12 Jan 2022 17.48 EST Retailers’ trading reports will roll in for a while yet, so there’s still time for losers to reveal themselves, but it was hard on Wednesday to find anybody who was unhappy with their Christmas […]
Read moreTech giant Alphabet Inc.’s (GOOGL) search engine company Google is using discriminatory policies against its contractors regarding Covid-testing. Reports claim that the company sends high-end and more efficient instant test kits to its full-time employees whereas the contract workers are made to use less-efficient test kits that take longer to deliver the results. Alphabet Worker’s Union tweeted a document that […]
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Having takeaways at least twice a week or a quick bet could now, quite literally, stop you getting a home loan, Dunedin mortgage brokers are warning. People have long been told they need to cut down on coffee and avocado on toast if they want to enter the property market. Now a law change could make that a reality. Changes […]
Read moreLondon-based estate agent raises profit forecasts amid Covid ‘race for space’ and warehouse boom Coronavirus – latest updates See all our coronavirus coverage Last modified on Wed 12 Jan 2022 08.59 EST A rush to buy £1m-plus homes in the countryside in the Covid-inspired “race for space” and the warehouse boom at the end of last year have helped the […]
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Private sector employment in the U.S. surged by much more than expected in the month of December, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment spiked by 807,000 jobs in December after jumping by a revised 505,000 jobs in November. Economists had expected private sector employment to increase by 400,000 jobs compared […]
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SAG-AFTRA’s unclaimed residuals fund has grown to roughly $76 million – up 60% from $48 million six years ago. According to the union, the fund now contains 124,000 separate accounts for members and others, living and dead, that it can’t locate. That’s up from 96,000 accounts in 2016. “The funds may be unclaimed for a variety of reasons including a […]
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2nd UPDATE SUNDAY 10:30 PM: After a lengthy hearing in Melbourne, Judge Anthony Kelly reversed Australian government’s decision to cancel tennis star Novak Djokovic’s visa and ordered the player, who had been detained since his arrival in the country, be released. The judge found unreasonableness in how the border officials made the decision to revoke Djokovic’s visa. UPDATED, 1:54 PM: Novak Djokovic’s […]
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