NEW YORK (Reuters) -Wall Street was on track to close at record highs on Monday, but crude prices lost ground as long-awaited pandemic relief and Brexit trade deals fueled investors’ risk appetite.FILE PHOTO: A man walks outside the New York Stock Exchange (NYSE) in New York, U.S., November 24, 2020. REUTERS/Brendan McDermidU.S. equities followed the […]

In Perry County, Ky., the local government is cutting back on garbage pickup. Magoffin County is laying off public safety workers. And in Floyd County, where food pantries are reporting that demand has tripled over the past month, officials are trying to figure out how to avoid cuts to a program distributing food to families. […]

FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/Files(Reuters) – JPMorgan Chase & Co said on Monday it would buy the global loyalty division of cxLoyalty Group Holdings Inc, a third-party credit card loyalty program service provider. The transaction, […]

“Give it up, Mr. President — for your sake and the nation’s.” In a blunt editorial, Rupert Murdoch’s New York Post, a tabloid that promoted Donald J. Trump long before he went into politics, told the president to end his attempts to overturn the results of the 2020 presidential election. The Monday front page showed […]

Weekly Money FM Podcasts (Dec 28) Singapore startup hatches Asia’s first whole commercial plant-based egg (featuring Ms Vinita Choolani, founder & chief executive, Float Foods) Can leading like a phoenix help leaders leverage disruption? (featuring Professor Ian C. Woodward, Insead) Inspect-a-gadget: 2020 wrap (featuring Mr Christopher Lim, Digital Editor, The Business Times) Expansion on the horizon […]

After years of slowly easing toward remote work arrangements, companies and their employees had to take the plunge fully clothed in March. Instead of drowning, they learned to make it work, saving an untold number of jobs and ushering in profound changes that will carry into a post-pandemic world. “Remote work has been all or […]

TOKYO (Reuters) – Global shares ticked up on Monday as a source said U.S. President Donald Trump signed into law a $2.3 trillion pandemic aid and spending package he had until now refused to sign.FILE PHOTO: A man wearing a protective face mask walks past a screen displaying a graph showing recent Nikkei share average […]

BEIJING (REUTERS) – Chinese banks are expected to face headwinds raising funds next year as profit-conscious investors cling to the sidelines, expecting a wave of bad loans to hammer the sector and erode already slimming margins. The sector is ending its worst annual performance in years after putting aside record provisions due to Covid-19 while […]

WEST PALM BEACH, Fla. (AP) — Unemployment benefits for millions of Americans struggling to make ends meet lapsed overnight as President Donald Trump refused to sign an end-of-year COVID relief and spending bill that had been considered a done deal before his sudden objections. The fate of the bipartisan package remained in limbo Sunday as […]

This has been a challenging year, to say the least, but it has highlighted some sound financial lessons that we should learn to help prepare for future crises. Key among these is to put savings first and to stay invested in the market, despite the temptations to cut and run. It’s also painfully clear that […]