Workers fold clothing at a Thai Son S.P. Co. garment factory in Binh Thuan province, Vietnam. Maika Elan | Bloomberg | Getty Images Prolonged coronavirus restrictions in Vietnam have become a bigger headache for retailers, particularly those that rely on the region for manufacturing footwear and apparel, as the holiday […]
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Delta variant is so contagious it ‘raises the bar’ for Covid vaccines, Moderna president says
Houston Fire Department paramedics prepare to transport a man with breathing difficulties from a senior living center to a hospital on September 14, 2021 in Houston, Texas. John Moore | Getty Images The fast-spreading delta variant is so contagious, it’s exposed weaknesses in vaccine protection and changed the outlook for […]
Apple’s next big technology was absent at the iPhone 13 launch, but Tim Cook says he’s still a fan
Apple CEO Tim Cook attends the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images At Apple’s annual launch event this week, it revealed new iPhones, iPads and Apple Watches, all of which were refinements of previous models. What Apple […]
His economic agenda on the line, Biden prepares to fight for tax increases on the wealthy
U.S. President Joe Biden speaks during a meeting in the Eisenhower Executive Office Building Library in Washington, D.C., U.S., on Wednesday, Sept. 15, 2021. Oliver Contreras | Bloomberg | Getty Images WASHINGTON – After a rough summer, President Joe Biden is getting ready to spend the autumn fighting for tax […]
Dow sheds more than 100 points despite strong retail sales as September sluggishness continues
A trader works at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 19, 2021. Andrew Kelly | Reuters The Dow Jones Industrial Average slipped Thursday despite better-than-expected August retail sales, as the latest weekly jobless claims report pointed to a mixed economic picture. The blue-chip […]
Powell orders ethics review after Fed presidents disclosed multimillion-dollar investments
Federal Reserve Chairman Jerome Powell directed staff to review the central bank’s ethics rules for appropriate financial activities after disclosures that several senior central bank official made multiple multimillion-dollar stock trades in 2020, while others held significant investments. News of Powell’s inquiry broke after Sen. Elizabeth Warren sent 12 letters to the Fed’s […]
Ford adds jobs to increase production of electric F-150 pickup; reservations top 150,000
Ford has started initial pre-production of its electric F-150 Lightning pickup truck at a new plant in Dearborn, Mich. Michael Wayland | CNBC DEARBORN, Mich. – Ford Motor is expanding hiring to increase production capacity for its all-electric F-150 Lightning pickup as it begins building prototypes of the electric pickup. […]
‘A stab in the back’: France rebukes Australia, Biden after ditched submarine deal
PARIS, FRANCE – JUNE 15: French President Emmanuel Macron (R) welcomes Australian Prime Minister, Scott Morrison (L) prior to a working dinner at the Elysee Presidential Palace on June 15, 2021. Chesnot | Getty Images News | Getty Images LONDON — France is not holding back showing its disappointment with […]
Impulse spending is an issue for many consumers. These tips can help you rein in the habit
miniseries | E+ | Getty Images Setting up a household budget and sticking to it can be challenging. Impulse shopping doesn’t make it any easier. About 42% of consumers say they are worsening their financial situation by doing things like making impulse purchases and carrying more debt, according to a […]
NY Attorney General Letitia James held private talks about running for governor in wake of Cuomo resignation
New York Attorney General Letitia James has been talking with her advisors and supporters about potentially running for governor next year, according to people familiar with the matter. In the weeks since James’ investigation into former Gov. Andrew Cuomo ended early last month, she and her political advisors have been […]