NEW YORK (Reuters) – A gauge of global stock markets set another record high on Monday and oil prices rose to their highest in just over a year as investor optimism grew that U.S. lawmakers will soon pass a $1.9 trillion COVID-19 aid package.FILE PHOTO: A man wearing a facial mask, following the coronavirus disease […]
Landlords can’t use fixed-term tenancies to over-ride an end to no-cause termination from Thursday, a lawyer says. Harriet Krebs of K3 Legal in Auckland said landlords cannot rely on fixed-term tenancies, or even insist on them, to avoid the new limited termination rights under the new residential tenancy legislation. The Residential Tenancies Amendment Act 2020 […]
(Reuters) – U.S. stock index futures hit a record high on Monday as investors were optimistic that a massive fiscal relief package and a rapid vaccination rollout would drive a speedy economic recovery from the pandemic-driven recession.FILE PHOTO: The back of the the “Fearless Girl” statue is pictured as morning sunlight falls on the facade […]
It has been an exhausting 10 months for Toni Ward Sockwell, an assistant manager at Cash Saver, a grocery chain, in Guthrie, Okla. She has been helping to oversee about 40 anxious employees during a deadly pandemic, vigilantly disinfecting counters at the store and worrying about passing the coronavirus to her elderly mother while dropping […]
PARIS (BLOOMBERG) — On a cold day in January last year, Societe Generale’s board met at the headquarters of its Russian unit Rosbank, a modern building in central Moscow angled around a cylindrical glass structure. The annual gathering was being held there to honor the unit’s strong performance in 2019, but things quickly turned sour: […]
(BLOOMBERG) – A couple of years ago, the high-yield savings market was hot – at least to millennials. Internet-only banks entered the market and drove up annual percentage yields to above 2 per cent at their peak. This could help you grow your money far faster than the typical 0.01 per cent of most banks’ […]
Taking a cue from its Swedish colleagues at Volvo and the pragmatic views of automotive product planners worldwide, General Motors roiled the international automobile industry last week by proclaiming that all its cars will go pure electric by 2035. The pronouncement is likely to apply more pressure on more automakers, both in the United States […]
John Mahalis of Philadelphia was two and a half months from qualifying for his full pension when he learned that he would be permanently laid off from his job as a toll collector on the Pennsylvania Turnpike. The news was a gut punch; Mr. Mahalis said it would leave him less able to financially weather […]
LONDON/TOKYO (Reuters) – – Global shares approached record highs on Friday and the dollar headed for its best weekly gain in three months, as progress in vaccine distribution and U.S. stimulus hopes prompted bets on further normalisation in the global economy.FILE PHOTO: People walk through the lobby of the London Stock Exchange in London, Britain […]
Moonlighting under the name Roaring Kitty, Keith Gill became something of an online folk hero for his dedication to GameStop, the struggling video-game retailer at the center of a trading frenzy that sent its share price into the stratosphere. But now a regulator in Massachusetts wants to know more about Mr. Gill, a registered securities […]