Roman Abramovich, owner of Chelsea smiles following his team’s victory during the UEFA Champions League Final between Manchester City and Chelsea FC at Estadio do Dragao on May 29, 2021 in Porto, Portugal. Alexander Hassenstein | Uefa | Getty Images The Russian oligarch Roman Abramovich said Wednesday that he will sell the Chelsea soccer club
Month: March 2022
In this article JWN Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Nordstrom on Tuesday reported better-than-expected profits and sales for the holiday quarter, prompting the retailer to offer an optimistic outlook for the coming year in spite of ongoing supply chain
A summer wheat harvest in Chernihiv, Ukraine, on Thursday, Aug. 10, 2017. Vincent Mundy | Bloomberg | Getty Images Wheat futures reached new multiyear highs Wednesday, as war between major exporters Russia and Ukraine continued to raise concerns about the global supply of the commodity. The moves in the commodity market come amid reports that
Nitat Termmee | Moment | Getty Images Americans who invest in mutual funds and exchange-traded funds have largely been insulated from financial exposure to Russia amid its conflict with Ukraine. The reasons are twofold: First, fund managers who buy Russian debt or Russian company stock generally do so in small quantities; second, funds that buy
Getty Images If you’re one of the millions of Americans who gave to charity in 2021, you can still claim a write-off on this year’s tax return. There’s a deduction for cash gifts up to $300 for single filers and couples filing jointly may score up to $600, according to the IRS. And it’s easier
FatCamera | E+ | Getty Images President Joe Biden apparently hasn’t given up on a proposal aimed at reducing prescription drug prices, especially for retirees. In his State of the Union address Tuesday night, Biden called for capping insulin prices at $35 a month for all Americans, as well as allowing Medicare to negotiate prices
In this article INTC U.S. first lady Jill Biden and others applaud her guest Intel CEO Patrick “Pat” Gelsinger in the first lady’s box as President Joe Biden mentions Gelsinger during his State of the Union address to a joint session of the U.S. Congress in the House of Representatives Chamber at the Capitol in
What’s trending in tile for home use and why should you care? This versatile material is ideal for projects emphasizing sustainability, wellness and creativity. The latest offerings will be featured next month at Coverings, North America’s largest tile and stone expo. Here’s a preview with input from two industry pros who follow this category. Large
In this article @LCO.1 @CL.1 A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 1, 2022. Brendan McDermid | Reuters U.S. oil climbed to the highest level in more than a decade in Wednesday trade, with global benchmark Brent topping $110 per barrel as crude’s
In this article FSLR A worker installs First Solar Inc. photovoltaic solar panels at the Agua Caliente Solar Project in Yuma County, Arizona. Joshua Lott | Bloomberg | Getty Images Shares of First Solar dropped more than 16% during extended trading Tuesday after the company reported missing revenue expectations during the fourth quarter and issued
The Shanghai branch of the Communist Party newspaper, People’s Daily, on Feb. 27, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — In China, tightly controlled coverage of Russia’s invasion of Ukraine has focused heavily on negotiations. Beijing’s line has been to promote negotiations, as China tries to position itself further away from
Alfa Group Supervisory Board Chairman Mikhail Fridman attends the 2017 Atlases Russian Business Forum at the Crocus City Hall. Artyom Geodakyan | Tass | Getty Images As Europe and the U.S. ratchet up sanctions on the yachts and mansions of Russia’s oligarch elite, some of Vladimir Putin’s ultra-wealthy inner circle have begun speaking out against
In this article JPM JP Morgan CEO Jamie Dimon gives a speech during the inauguration of the new French headquarters of US’ JP Morgan bank on June 29, 2021 in Paris. Michel Euler| AFP | Getty Images JPMorgan Chase is preparing to go all-in on private companies. For the past year, the bank has been
Ricardo Mojana | Getty Images About 47 million workers left their jobs in 2021 amid the Great Resignation. Many of them did so for less pay. Last year, 53% of workers who left their jobs said they made less money in their new roles, according to a January online survey of 1,000 adults by Real
As President Joe Biden (D) makes his journey down Pennsylvania Avenue for his first State of the Union (SOTU) address, millions of Americans will be listening keenly to hear what solutions he lays out for curbing inflation and getting the country out of the pandemic. One of those Americans will be Adam Layne, the newly
A new housing report by real estate data analytics provider CoreLogic found that home price growth intensified in January as elevated demand and low mortgage rates continued to give sellers the upper hand. Consumers looking to purchase a home have remained optimistic moving into the new year, with more expecting to buy over the next six
In this article TSLA Joe Biden, left, and Elon Musk Evelyn Hockstein | Reuters; Andrew Harrer | Bloomberg | Getty Images The feud between President Joe Biden and Tesla CEO Elon Musk doesn’t seem to be cooling anytime soon. Musk said no one was watching Biden after the president did not mention Tesla during his
In this article CRM Marc Benioff, co-founder and chief executive officer of Salesforce.com Inc., pauses during a Bloomberg Television interview at the World Economic Forum in Davos, Switzerland, on Wednesday, Jan. 18, 2017. Simon Dawson | Bloomberg | Getty Images Salesforce topped analysts’ estimates for profit and revenue in its fiscal fourth-quarter earnings report. The
Traders on the floor of the NYSE, Feb. 28, 2022. Source: NYSE Stock futures inched higher on Tuesday night as oil prices continued to surge amid the ongoing conflict between Russia and Ukraine. Futures tied to the Dow Jones Industrial Average rose 123 points, or 0.37%. S&P 500 and Nasdaq 100 futures also added 0.25%
When Berkshire Hathaway CEO Warren Buffett speaks with college kids, he offers a piece of valuable career advice: Seek personal fulfilment over pure profit. That means pursuing a job that you actually enjoy, in a workplace with talented people you actively admire, Buffett wrote on Saturday in his annual letter to shareholders. Or, to put