Wednesday, 27 Nov 2024

Business

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Here’s which states are eliminating pandemic unemployment benefits, and when.

By Coral Murphy Marcos Twenty-five states will halt some or all emergency unemployment benefits, with many Republican governors blaming the programs for a shortage of workers in many industries as businesses reopen. States cutting off pandemic unemployment benefits Note: Idaho and South Dakota did not implement the program for mixed-income earners. Source: State websites By […]

A major revamp at PwC is all about trust.

By Michael J. de la Merced At a time when corporate leaders are increasingly expected to act as moral arbiters, the professional services giant PwC has spotted a business opportunity: teaching executives how to be more trustworthy. On Tuesday, it will unveil a plan to focus the firm, which offers an array of accounting and […]

H&M Sales Climb Above Pre-Pandemic Levels

PARIS — H&M Group said sales pushed past pre-pandemic levels in recent weeks, but business continues to be affected by crisis-related disruptions. “As more people are vaccinated, a number of markets have gradually allowed stores to reopen and the H&M group’s strong recovery continues,” the Swedish fast-fashion retailer said in a statement. In the second […]

One in five Kiwis plans to or has invested in cryptocurrency

Investing in shares and cryptocurrency is rising in popularity and younger generations are taking it up at an even faster rate. Nearly 40 per cent of respondents in a survey of 2000 people undertaken on behalf of the Financial Services Council said they currently use or plan to use micro investing platforms like Sharesies, Hatch […]

BOJ likely to extend pandemic-aid scheme this week – ex-c.banker Sakurai

FILE PHOTO: Bank of Japan’s (BOJ) board member Makoto Sakurai speaks during an interview with Reuters at the BOJ headquarters in Tokyo, Japan, September 1, 2016. REUTERS/Toru HanaiTOKYO (Reuters) – The Bank of Japan is likely to extend a September deadline for its pandemic-relief programme at this week’s policy meeting, former BOJ board member Makoto […]

Top G7 development banks pledge $80 billion for African firms

FILE PHOTO: An employee fills a bottle with hand sanitizer in Cormart factory as the company steps up production of hand sanitizers to prevent the spread of coronavirus disease (COVID-19), on the outskirts of Lagos, Nigeria March 19, 2020. Picture taken March 19, 2020. REUTERS/Temilade AdelajaLONDON (Reuters) – Top development banks from the world’s richest […]

Covid-19 coronavirus travel bubble: Kiwis flocking to Australia, new figures reveal

The number of travellers flying between Australia and New Zealand has climbed since the quarantine-free bubble opening in April. Data from Stats NZ shows there were 85,900 border crossings in April 2021, made up of 47,000 arrivals and 38,900 departures. These numbers were well up on the monthly average of 26,300 that crossed the border […]

Why it is important to take breaks from work

(NYTIMES) – It’s probably never been easier to acknowledge that a lot of us work too much and too hard, and should take more time off. Indeed, the very idea of burnout seems to be having a cultural moment. “If you think you’re burned out, you’re burned out. And if you don’t think you’re burned […]

In Defense of SPACs

These complex takeover vehicles serve an important purpose that’s worth protecting. By Steven Davidoff Solomon The DealBook newsletter delves into a single topic or theme every weekend, providing reporting and analysis that offers a better understanding of an important issue in the news. If you don’t already receive the daily newsletter, sign up here. Special […]

Sean Keane: What does it really mean when money’s ‘on sale’?

OPINION: Interest rate reductions are all about bringing demand forward. That is the core purpose of central bank rate cuts. When a central bank reduces interest rates, it is trying to trigger consumption and investment today rather than waiting for it to happen tomorrow. The objective currently is for this pull forward in economic activity […]