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Financial
June 24, 2022

The retail industry is facing a potential wave of bankruptcies

After months of slowing restructuring activity, the retail sector may face a wave of bankruptcies. Experts expect an increase in distressed retailers this year. Shops face high inventory levels and the potential

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Financial
June 23, 2022

Raw material costs for electric vehicles have doubled during the pandemic

AlixPartners Wednesday report shows that electric vehicle raw material costs increased by more than twice during the coronavirus epidemic. General Motors and Tesla were forced to open new businesses, like Lucid

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Financial
June 22, 2022

Elon Musk: 3 issues need to be resolved before his Twitter buyout can go ahead

Elon Musk says there are three main hurdles before he can buy Twitter. Musk is interested in buying Twitter for $44 Billion. This huge acquisition will have profound implications for the

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Financial
June 21, 2022

S&P 500 futures rise 1% as the market is set to rebound from a brutal week

Stock futures rose Monday night after a rough week, as investors assessed the Federal Reserve's aggressiveness and increased chances of a recession. Futures on Dow Jones Industrial Average gained over 250

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Financial
June 20, 2022

Many younger baby boomers may outlive their 401(k) savings.

Retirement savings may be a goal for older Americans with different goals. Usually, however, their primary goal is to make it last. A recent study by the Center for Retirement Research at

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Financial
June 19, 2022

Three steps you can take to fight soaring gas prices

Despite all the financial woes that have been highlighted this year, including a stock market crash, higher mortgage rates, and fears of recession, none has affected the average American as

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Financial
June 18, 2022

Starbucks’ North American head to leave the company as chain shakes up leadership

Rossann Williams, Starbucks' North American president, is leaving Starbucks and will be succeeded by the head the Asia Pacific division of the coffee chain. Friday's announcement marks the latest major change

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Financial
June 17, 2022

Jan. 6 hearing: Trump remains ‘clear and present danger’ to American democracy, retired GOP judge tells panel

A person familiar with the conversation said that Transportation Secretary Pete Buttigieg questioned airline chiefs about safety measures following an increase in cancellations. The secretary asked about airline plans to prevent

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Financial
June 16, 2022

Travelers are upset about rising costs, but most aren’t canceling their plans just yet

This summer, travel conversations will be veering in a more serious direction. Travel discussions are no longer about sun, sand, and surf. Inflation, rising fuel prices, and flight cancellations will be

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