Business•8h•1 min readSoaring cost of Halloween treats spooks shoppersThe price of candy, especially chocolate, has soared, and Halloween bargain hunters are searching for deals and ways to cut costs.Marcus ChenContinue reading
Business•8hWhy gold plunged to its lowest price in a year despite renewed Iran jittersOn a brisk Tuesday morning in New York City, gold traders watched the market in disbelief as the price of gold plummeted to its lowest point in a year. The precious metal, often viewed as a safe haven during global turmoil, fell sharply despite rising tensions in the Middle East following the U.S....Read story →
Business•9hWhy Intel’s stock saw its worst day in decades — and a $140 billion wipeoutOn a brisk autumn day in New York City, the bustling streets filled with professionals and students alike were abuzz with discussions about tech stocks. Among the chatter, one name echoed louder than others: Intel. The semiconductor giant, long a cornerstone of the technology industry, faced a...Read story →
Business•10hThe Fed held interest rates steady, but these officials see more hikes coming soonDallas Fed’s Lorie Logan sees “at least” 50 basis points in additional hikes.Read story →
Business•10hCaregivers are now spending more than $11,000 a year out of pocket—up 60% in five yearsAn AARP study shows the financial sacrifices families make and their long-term impacts.Read story →
Business•11h$6.3bn in 30 minutes: how the world’s biggest heist unfoldedNorth Korean hackers’ attack on Binance takes crypto theft to an unprecedented scaleRead story →
Business•11hMicrosoft is winning the cloud wars and becoming Wall Street’s new golden childVarious factors indicate that Microsoft is in a better financial position than its cloud rivals, analysts say.Read story →
Business•11hCity of London chief tops UK Black PowerlistIan Thomas, who heads the City of London Corporation, tops the Black Powerlist in its 21st year.Read story →
Business•12hAmerican workers are finding their take-home pay isn’t keeping up with inflation, with their wallets ‘stretched thinner and thinner’Worker compensation grows slower than inflation for second straight quarterRead story →
Business•12hSocial Security’s fate — and your benefits — are in the hands of the candidates elected this yearThe program is expected to run out of money in the next six years, which is the same amount of time as a senator’s term.Read story →
Business•12hThe effects of a midterm ‘blue wave’ will be felt for yearsSenate arithmetic in this electoral cycle could spell disaster for the RepublicansRead story →
Business•13hAfter Intel’s historic stock drop, analysts say there’s no reason to buy the dip“A cheaper stock does not necessarily offer better value,” one expert says.Read story →
Business•13hPensioners bet on a lifetime cruise. They ended up in a Cambodian scam townMany passengers on the Odyssey hoped to spend the rest of their lives at sea but high oil prices got in the wayRead story →
