New research submitted to the Commerce Commission has found broad dissatisfaction among supermarket suppliers with the terms on which they feel they must do business with their supermarket customers, and most suppliers believe that the country’s supermarkets engage in anti-competitive behaviour. The suppliers singled out Foodstuffs North Island as the grocery chain with which they have the most problematic relationship. […]

NEW YORK (Reuters) – Investors have received some reassurance that the Federal Reserve will not imminently reduce its support of the U.S. economic recovery, but they expect the Fed to provide more concrete clues on a tapering of bond purchases in the months ahead.FILE PHOTO: Federal Reserve Chair Jerome Powell holds a news conference following the Federal Open Market Committee […]

Citadel hired Citigroup’s Dan Baranovsky as a portfolio manager in equity volatility. Baranovsky previously ran North American equity derivatives and cash trading at Citigroup.  Citi has lost a string of equity derivatives traders recently, including MD Seok Yoon Jeong.  See more stories on Insider’s business page. Citadel has poached the head of equity derivatives trading in North America from Citigroup, […]

With a landmark day approaching in Joe Biden’s presidency, the chief executive is set to make an important speech and unveil significant legislation tonight. Meanwhile, Rudy Giuliani’s back in the spotlight, but not by choice: The FBI raided his apartment. It’s Julius. Here’s Wednesday’s news to know.  But first, breaking news: Three men have been charged with hate crimes for the death of Ahmaud […]

Police in Northern California released body-camera footage showing an officer kneeling on a man and pinning him to the ground for several minutes before he went unconscious and later died, a death that the man’s family says largely mirrors how George Floyd died last summer.  The footage released by the Alameda Police Department shows officers struggling to restrain Mario Gonzalez before pinning […]

More “plus-up” stimulus payments are on the way to eligible taxpayers this week, according to the Internal Revenue Service. The IRS sent out COVID-19 relief checks to nearly 2 million more Americans in the seventh batch of payments made under President Joe Biden’s American Rescue Plan, the agency said Wednesday. The checks included more than 730,000 “plus-up” payments for those […]

Net worth is an individual or company’s total assets, minus any liabilities or debts. Net worth is a snapshot of financial health, and evaluated alongside other measures for a fuller picture. Keeping track of your net worth can help put your debts into perspective and help you plan for the future. Visit Insider’s Investing Reference library for more stories. If […]