business news

Beyoncé’s ‘Break My Soul’ is an ode to the Great Resignation

Beyoncé released a new single, “Break My Soul,” on Monday. The song references quitting a job and employee stress, alluding to the recent Great Resignation trend. Larry Busaca | PW18 | Getty Images The Great Resignation is part of the zeitgeist. If you need proof, just ask Beyoncé. The superstar singer’s new single, “Break My …

Beyoncé’s ‘Break My Soul’ is an ode to the Great Resignation Read More »

Trump had ‘direct and personal role’ in pushing states to overturn Biden win, Jan. 6 panel says

Emotional Bowers says threats, harassment were ‘disturbing’ Rusty Bowers, Arizona House Speaker, speaks during the fourth hearing by the House Select Committee to Investigate the January 6th Attack on the US Capitol in the Cannon House Office Building in Washington, DC, on June 21, 2022. Mandel Ngan | Afp | Getty Images Bowers teared up …

Trump had ‘direct and personal role’ in pushing states to overturn Biden win, Jan. 6 panel says Read More »

Netflix talks with Google about ads as Sarandos is set to address Cannes this week

LOS ANGELES, CALIFORNIA – JUNE 12: CEO of Netflix Ted Sarandos attends Netflix’s FYSEE event for “Squid Game” at Raleigh Studios Hollywood on June 12, 2022 in Los Angeles, California. (Photo by Charley Gallay/Getty Images for Netflix) Charlie Gallay | Getty ImagesEntertainment | Getty Images CANNES, France – As the world’s biggest advertising conference gets …

Netflix talks with Google about ads as Sarandos is set to address Cannes this week Read More »

Elon Musk joins the growing chorus fearing a US recession. But there are stocks for that.

Look out above, the dip buyers are back in town. Stocks are soaring — for now — as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testifying in front of Congress this week. The buying mood comes after the S&P 500’s worst week since March 2020, including its fall …

Elon Musk joins the growing chorus fearing a US recession. But there are stocks for that. Read More »

Stocks Open Higher After S&P 500’s Worst Week in Two Years

US stocks climbed, offering investors a reprieve from a recent stretch of whipsaw trading that had sent stocks and cryptocurrencies falling. The S&P 500 gained 1.6% Tuesday, while the Dow Jones Industrial Average added 1.4%, or 410 points. The Nasdaq Composite Index jumped 1.7%. The US stock market was closed monday for the Juneteenth federal …

Stocks Open Higher After S&P 500’s Worst Week in Two Years Read More »

Germany turns to coal as Russia throttles gas supplies

Germany plans to compensate for a cut in Russian gas supplies by increasing the burning of coal — the most carbon-intensive fossil fuel in terms of emissions. Bloomberg | Bloomberg | Getty Images Germany has said the deteriorating gas market situation means Europe’s largest economy must limit the use of natural gas for electricity production …

Germany turns to coal as Russia throttles gas supplies Read More »

Germany Steps Up Measures to Conserve Gas as Russia Slows Supply to Europe

BERLIN—Germany will restart coal-fired power plants and offer incentives for companies to curb natural gas consumption, marking a new step in the economic war between Europe and Russia. Berlin unveiled the measures Sunday after Russia cut gas supplies to Europe last week as it punched back against European sanctions and military support for Ukraine. The …

Germany Steps Up Measures to Conserve Gas as Russia Slows Supply to Europe Read More »

Inflation and recession fears are squeezing some industries more than others

A woman pushes a shopping cart through the grocery isolate at Target in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow. JimWatson | AFP | Getty Images People still appear willing to shell out to travel, go to the movies and have a drink or …

Inflation and recession fears are squeezing some industries more than others Read More »

Ginni Thomas-tied Facebook group ‘FrontLiners for Liberty’ could be a new focus in Jan. 6 investigation

(LR) Associate Supreme Court Justice Clarence Thomas and his wife and conservative activist Virginia Thomas arrive at the Heritage Foundation on October 21, 2021 in Washington, DC. Drew Angerer | Getty Images A Facebook group that appears to be run by Virginia “Ginni” Thomas, the wife of Supreme Court Justice Clarence Thomas, could become a …

Ginni Thomas-tied Facebook group ‘FrontLiners for Liberty’ could be a new focus in Jan. 6 investigation Read More »