Monthly Archives: August 2022

Family Dollar hit with fines of $1.2 million after being accused of ‘flagrantly ignoring workplace safety regulations’ at 2 Ohio stores

The stores are located in Maple Heights and Columbus. Rogelio V. Solis/AP Two Family Dollar stores have been fined $1.2 million for safety violations within their stores.  The Department of Labor’s Occupational Safety and Health Administration (OSHA) announced the penalties. OSHA said the stores had a “disturbing history of putting profits above employee safety.”  Two…

Global stocks fall as US-China tensions mount while the dollar steadies after Fed-driven rally

The OPEC meeting will be in focus as oil supply constraints trouble markets. Spencer Platt/Getty Images Global stocks declined Wednesday as tensions heat up between US and China over Taiwan.  The dollar eased after a steep rally the day before when investors snapped up safe-havens.  Oil prices tumbled ahead of an OPEC meeting where supply…

Putin has 2 daughters he barely ever talks about, and is rumoured to have at least 2 more. His rumored mistress has just been slammed with sanctions.

Russian President Vladimir and his now ex-wife Lyudmila Shkrebneva. Sergey Ponomarev/AP Russian president Vladimir Putin has at least two daughters he rarely talks about. He has two adult daughters with his ex-wife Lyudmila Shkrebneva: Maria, 36, and Katerina, 35. One rumored mistress, Alina Kabaeva, was sanctioned by the US in August. President Vladimir Putin is…

One of the world’s biggest shipping firms says there’s no telling when the bottlenecks disrupting global trade will ease up

Maersk said wait times for ships at ports had eased during the quarter. Md Manik/SOPA Images/LightRocket via Getty Images. Maersk said it’s unclear when supply chain bottlenecks that have been disrupting freight will end.  In an earnings report, the Danish freight giant said supplier delivery times remain lengthy. Some analysts, pointing to falling goods delivery…

The Fed has pushed back hard on expectations it will pause rate hikes, with officials saying it’s ‘nowhere near’ done

Mary Daly is president of the San Francisco Federal Reserve. The Washington Post/Getty Images Fed officials pushed back against expectations that the central bank is about to let up on rate-hike increases. Investors have begun to expect the Fed to pause rate hikes in 2023 and then to start cutting borrowing costs. But Fed official…