Following the advance seen in the previous session, stocks have moved back to the downside in morning trading on Friday. The Nasdaq and the S&P 500 are giving back ground after ending Thursday’s trading at record closing highs. Currently, the major averages are off their worst levels but still in negative territory. The Dow is down 49.39 points or 0.1 […]

The situational comedy is one of the pillars of American television. Fred Silverman, one of the greatest producers in TV history, who died recently and worked at all three major television networks, built his widely successful career on shows like “All In The Family.” His formula was that drama, reality TV and late night were what made networks work financially. […]

Brexit: 'It's harder to work with the EU' says British retailer 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 British Retail Consortium’s data compared 2021 with 2019, […]

Investors in the failed west Auckland Nido retail business are getting 14 per cent of their original funds back after the vast retail building’s sale settled a few days ago. Jodi Tuffin, investor relations manager for Maat Group in charge of the scheme, wrote to investors yesterday saying a “capital repayment being 14 per cent” was being made. “As advised […]

Student debt disproportionately affects Black borrowers. Today, 86.6% of Black college students take out federal loans to attend four-year colleges, compared to just 59.9% of white students. Many believe that student loan debt is beneficial, as it can potentially improve your credit score and demonstrate creditworthiness if payments are consistent. However, a large number of Black borrowers aren't reaping these […]

More unvaccinated workers will be required to get the Covid-19 vaccine by Jan. 4 or face regular testing under a new rule from the U.S. Department of Labor's Occupational Safety and Health Administration released Thursday. Here's what to know about the new rule. Who's covered The latest federal vaccine mandate applies to all private-sector companies with 100 or more employees, […]

An updated version of Democrats' Build Back Better plan, issued Wednesday, has new rules on retirement plans for the wealthy. The measures were proposed by House Democrats in September, but the White House had removed them from a $1.75 trillion framework last week. The proposals would create required minimum distributions for retirement accounts of more than $10 million, eliminate "backdoor […]

HanesBrands CEO Steve Bratspies told CNBC on Thursday that 30% of the apparel maker's inventory is tied up in transit. That's significantly higher level than pre-pandemic, reflecting the logistics challenges hampering the global economy. Even so, Bratspies said he believes HanesBrands is in a "good position" overall. In this article HBI HanesBrands CEO Steve Bratspies told CNBC on Thursday that […]

European Central Bank President Christine Lagarde said on Thursday that inflation is set to remain higher for longer than expected, but it is temporary and price growth is set to ease over the course of next year. “While the current phase of higher inflation will last longer than originally expected, we expect inflation to decline in the course of next […]