John Minchillo/AP Retailers have been calling out the impacts of inflation on their customers. Some have noticed an uptick in credit-card spending and slow or delinquent payments. Others are seeing shoppers trade down to cheaper goods, forego luxuries, and decrease tipping. Inflation is catching up to consumers, and retailers are feeling the effects. Gone are…
Monthly Archives: September 2022
Russian President Vladimir Putin attends a cabinet meeting via videoconference in Moscow, Russia, Wednesday, Aug. 31, 2022. Gavriil Grigorov/Sputnik/Kremlin Pool Photo via AP Russia is opposed to any cut in oil output, the WSJ has reported as OPEC+ meets Monday to discuss supply. Moscow is worried a cut could weaken its hand in talks with…
Lawsuits against Wendy’s are mounting as an E. coli outbreak continues to spread. Irene Jiang/Insider, Paul Weaver/SOPA Images/LightRocket via Getty Images People are filing lawsuits against Wendy’s after becoming infected with E. coli. The CDC hasn’t confirmed the outbreak’s source, but said many sick people had eaten Wendy’s lettuce. Nearly 100 people have been affected…
Warren Buffett. Bill Pugliano/Getty Warren Buffett’s Berkshire Hathaway has sold around $600 million of BYD stock since mid-July. Berkshire has cut its stake in the Chinese EV maker by 8% to 207 million shares, worth $5.7 billion. Buffett’s company has made around 35 times its money on the stock sold so far. Warren Buffett’s Berkshire…
Ellen Lichtenstein Ellen Lichtenstein, 38, quit her six-figure job because she was tired of the “corporate BS.” She now works 12-hour days across her two businesses and one full-time opportunity. But she says she’s never been happier and plans to retire by the age of 55. In March of 2020, 38-year-old Ellen Lichtenstein was feeling…
Barron Trump and Donald Trump wave from the top of the steps to Air Force One in 2020. Susan Walsh/AP Trump claimed that the FBI searched his son’s room during the Mar-a-Lago raid. But a former federal prosecutor dismissed Trump’s claim, telling MSNBC that this seemed unlikely. Renato Mariotti said the FBI would only enter…
Witthaya Prasongsin/Getty Images Ken was working at Costco when he decided to go back to community college to become a wind turbine tech. He now makes $27 an hour and gets to visit places all over the US and Canada. Wind turbine service technician is one of the fastest-growing jobs in the US. Ken was…
Paulo Gentiloni. REUTERS/Remo Casilli The European Union will react if Russia keeps cutting energy exports to the bloc, a top official said. Russia halted natural gas flows to the EU through its Nord Stream 1 pipeline on Friday. “If the weaponization of energy will continue … the EU is ready to react,” the bloc’s economics…
It’s been a while since an iPhone launch genuinely felt like an event, since each new model is only marginally more polished than its predecessor. Not so, says the rumor mill for the iPhone 14, promised to be a ground-up redesign with major changes and new features. The headline tweaks include vastly improved cameras, a…
Comcast, the corporation that owns Sky, has partnered with ViacomCBS to launch a new streaming service in Europe. SkyShowtime will host premiere movies and TV shows and will be available across many European countries from September 2022. Here’s everything you need to know about it so far, including the exact launch date and what regions…