Fast Food Chains Raise Millions to Oppose California Wage Law

Fast Food Chains Raise Millions to Oppose California Wage Law

McDonald’s starbucks Chipotle Mexican Grill and other big restaurant chains are joining to spend millions of dollars to try to overturn a new California law that could set the state’s minimum wage for the fast food industry as high as $22 an hour next year. The “Save Local Restaurants” coalition said Friday it has raised … Read more

Here’s a simple way to help teach your kids some complex financial lessons

Here’s a simple way to help teach your kids some complex financial lessons

During my late teens, my mom handed me two worn, blue passport-size books with details of my custodial investment accounts. I had no clue what to do with them, but it didn’t matter, because the accounts were empty anyway. Perhaps for the best, because I’m almost certain my assets wouldn’t have stood a chance. I … Read more

Attraqt 1H Pretax Loss Widened Due to Investment, Challenging Market

Attraqt 1H Pretax Loss Widened Due to Investment, Challenging Market

By Kyle Morris Attraqt Group PLC said Thursday that its first-half pretax loss widened as it invested in AI and visual merchandising and encountered a challenging market backdrop. The UK provider of software for online shopping said that its pretax loss was 2.2 million pounds ($2.4 million) compared with a loss of GBP1.8 million a … Read more

Housing market stocks give up gains as another jump in bond yields takes shine off strong data

Housing market stocks give up gains as another jump in bond yields takes shine off strong data

Shares of companies in the real estate services and home building space backed way off their intraday highs on Tuesday, as another arises in Treasury yields to a more-than-decade high took the early shine off surprisingly strong economic data. Despite a growing consensus that the housing market is in recession, the US Commerce Department reported … Read more

7 retirement lessons to help you retire ‘right’

7 retirement lessons to help you retire ‘right’

The closer it gets, the more attention I pay. “It,” in this case, is retirement. In January, I’ll celebrate my 60th birthday. I have no intention of fully retiring, but I am thinking about how to work less, travel more and prepare my finances for the years ahead. As I sketch out my plans, I’m … Read more

Amazon, Berkshire Hathaway Could Be Among Top Payers of New Minimum Tax

Amazon, Berkshire Hathaway Could Be Among Top Payers of New Minimum Tax

Listen to articles (2 minutes) WASHINGTON—A handful of large companies, such as Berkshire Hathaway and amazon.com could bear most of the burden from a 15% corporate minimum tax President Biden signed into law last month. Researchers at the University of North Carolina Tax Center analyzed securities filings to determine what companies would have paid if … Read more

Stocks Are Sinking and Rates Are Rising. It’s Painful, But We’re Heading for Normal.

Stocks Are Sinking and Rates Are Rising.  It’s Painful, But We’re Heading for Normal.

Stocks and bonds are tumbling. Housing has weakened. And I haven’t heard a word about nonfungible cartoon monkey tokens in maybe three months. Strategists are now turning to truly bizarre assets—two I spoke with this past week recommended purchasing long-term Treasurys. One also said to favor shares of companies that generate cash, and he wasn’t … Read more

US existing-home sales fall for the seventh straight month in August and the Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike — here’s how to prepare your wallet and your portfolio

Attraqt 1H Pretax Loss Widened Due to Investment, Challenging Market

Hi, MarketWatchers. Don’t miss these top stories. Brace yourself: The Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike. Here’s how to prepare your wallet and your portfolio. This marks the Federal Reserve’s third 75-basis-point rate hike this year. Read More US existing-home sales fall for the seventh straight month in August … Read more

How to manage your finances when inflation is high, interest rates keep shooting up and study finds women’s financial well-being sinks to five-year low

Attraqt 1H Pretax Loss Widened Due to Investment, Challenging Market

Hi, MarketWatchers. Don’t miss these top stories. ‘No wonder consumer confidence has been falling’: Women’s financial well-being sinks to five-year low, study finds Only 14% of women say they’re prepared for a recession, compared with 30% of men, according to a survey by Ellevest, a women’s investing platform. Read More Weekend reads: How to manage … Read more

These 20 stocks in the S&P skidded as much as 21.5% during another brutal week for the market

These 20 stocks in the S&P skidded as much as 21.5% during another brutal week for the market

Another difficult week for US stocks ended with shares of oil producers sliding and Ford Motor Co. tumbling further on concerns over supply shortages. The S&P 500SPX, -1.72% fell 1.7% on Friday for a one-week decline of 4.6%, as investors continued to fret about the Federal Reserve’s interest-rate increases to temper inflation. Among components of … Read more