Moderate Democrats will ‘probably’ urge to take minimum wage out of stimulus package: Former Trump senior adviser Former Trump senior adviser Kevin Hassett provides insight into the next stimulus package and his outlook for the economy amid inflation concerns. Congressional Democrats are plowing ahead with passing a nearly $2 trillion coronavirus relief bill that could provide a substantial financial boost […]
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European stocks constitute some of the biggest and best known companies in the world, including Nestlé SA (NESN), Volkswagen AG (VOW3), and SAP SE (SAP). Investors looking for broad exposure to the European market may consider buying exchange-traded funds (ETFs). Europe-focused ETFs provide diverse exposure to companies in this market, helping to mitigate the risk often associated with investing in […]
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When blackouts were required in Texas due to an extreme weather event, opinion pieces honed in on a few themes: Texas' struggles show how unprepared we are for climate change that the oil and gas industry helped accelerate, Texas' frozen windmills show that green energy can't replace fossil fuels, and so on. While there is some truth in all these […]
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Payments company Square, Inc. (SQ) beat analysts' earnings estimates yesterday for its fourth quarter performance and boosted its Bitcoin (BTCUSD) holdings, but its stock fell anyway on a revenue miss. The San Francisco-based company reported revenues of $3.16 billion, up from $1.31 billion a year earlier, on adjusted earnings per share (EPS) of 32 cents. Analysts had projected revenues of […]
Read moreCement giant LafargeHolcim (HCMLY.PK,HCMLF.PK) reported Friday that its fourth-quarter recurring EBIT was 1.04 billion Swiss francs, up 1.9 percent from last year’s 1.02 billion francs. Recurring EBIT margin improved to 17.3 percent from 15.6 percent a year ago. Net sales declined 8.1 percent to 6 billion francs from 6.52 billion francs a year earlier. On a like-for-like basis, net sales […]
Read moreQantas Group (QAN.AX,QUBSF.PK) reported that its loss for the half-year ended 31 December 2020 was A$1.08 billion or 57.5 cents per share compared to profit of A$445 million or 28.8 cents per share in the same period last year. Loss before income tax expense was A$1.47 billion compared to net income of A$648 million in the previous year. The latest […]
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Facebook has banned the sharing or viewing of our news articles on its platform. For independent journalism straight from the source, download our app and sign up to our newsletters. The battle to supply 1.4 billion people with fresh fruit and vegetables is taking China’s e-commerce companies into the country’s hinterlands, where they are attempting to revolutionise centuries-old agricultural practices to […]
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Editor's note: Below you'll find the week 28 release of the NYC Recovery Index, originally published Feb. 16, 2021. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery rebounded slightly during the week of Feb. 6 as unemployment claims declined and home sales took a positive turn. However, the city is still less than halfway back […]
Read moreBusinesses under 20 employees to be given 2-week window to apply for PPP loans President Biden makes changes to the Paycheck Protection Program to target relief for small businesses. FOX Business’ Blake Burman breaks down the details. The Biden administration announced several changes to the Paycheck Protection Program this week, more strictly limiting which small businesses are eligible to receive forgivable loans […]
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