Category: Business

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Liz Truss Stirs Uncertainty Over the U.K.’s Economic Plans

Prime Minister Liz Truss appeared to rule out cuts in public spending, as doubts about the fiscal soundness of the government’s program continued to roil the markets.  » mehr lesen

Have You Been Shortchanged on Tipped Wages? We Want to Hear From You.

Most states allow workers to be paid less than the usual minimum wage if they get tips. Experts say the system is often abused at employees’ expense.  » mehr lesen

Turmoil Returns to the U.K. Bond Market

The Bank of England started a bond-buying program last month to stabilize financial markets. But its plan to end the program this Friday is only making investors more nervous.  » mehr lesen

Federal Reserve Worry About Faster Inflation at Last Meeting

Minutes from the Fed’s September meeting showed many were more worried about doing too little to control inflation than too much.  » mehr lesen

How Big Were the Previous Social Security Cost-of-Living Adjustments?

Congress mandated annual adjustments with legislation passed in 1972.  » mehr lesen

UK Markets Thrown Into Turmoil Once Again

Confusion over whether the central bank will end a debt-buying program as scheduled hit the values of the British pound and government debt.  » mehr lesen

Pepsi Defies Fears of Slowdown with Strong Earnings and Forecast

The soda and snack maker’s quarterly results provided a sign that shoppers continued to spend despite high inflation squeezing their wallets.  » mehr lesen

Netflix Nears Deal to Build Huge Production Complex on Jersey Shore

The company was the top bidder for land occupied by a former Army base.  » mehr lesen

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