Business & Economics

Companies like Facebook and Uber say they’re supporting small businesses while squashing them.

According to NPD, two out of five adult females and three out of ten adult males no longer fit into last year’s clothing sizes; snacking and fitness play a role.

Owners like Steve Ballmer can take the kinds of deductions on team assets — everything from media deals to player contracts — that industrialists take on factory equipment. That helps them pay lower tax rates than players and even stadium workers.

Companies that master the deployment of intangibles investment will be well positioned to outperform their peers.

COCKEYSVILLE, Maryland (AP) — People used to go to Valley View Farms to buy five tomato plants and end up with $5,000 in patio furniture. This year is different. After a record burst of sales in March, the showroom floor is almost empty of outdoor chairs, tables and chaises for people to buy.

Lumber prices are coming back down to Earth, but the crisis shows how many industries can be rocked by the price of wood.

NEW YORK (AP) — When Pat Curry spotted bite-sized wood-fire rotisserie chicken with portabella mushroom at her local Costco in early June, she felt “giddy." After a 14-month hiatus, free samples were back.

The Manheim Used Vehicle Value Index is recognized by financial and economic analysts as the premier indicator of pricing trends in the used vehicle market.

/PRNewswire/ -- Key takeaways With clarity about the upcoming school year and consumer sentiment continuing to rise, back-to-school spending will be at its...

Lenders extended a record number of auto loans and leases in March and issued more general-purpose credit cards than any other March on record.

Coresight Research expects industry growth to slow from 70% in 2020 to roughly 18% in 2021 as pandemic-fueled interest wears off.

Products are shrinking. Only some people are noticing.

It comes even as businesses say they can’t find workers.

Prices to ship containers from Asia to the U.S. and Europe are rising at a historic pace as cargo owners bid up rates in a search for ocean transportation capacity that shipping industry executives expect to remain tight for the rest of the year.

BOSTON (AP) — In the past few weeks, ransomware criminals claimed as trophies at least three North American insurance brokerages that offer policies to help others survive the very network-paralyzing, data-pilfering extortion attacks they themselves apparently suffered.

Friday's jobs report, and a slew of other data, shows going big and going early works.

Dublin, July 24, 2020 (GLOBE NEWSWIRE) -- The "Anti-Aging Products - Global Market Trajectory & Analytics" report has been added to ...

An unusual number of vice presidents are leaving for prominent jobs at public companies or high-growth start-ups.

To provide economic relief following the onset of the COVID-19 pandemic, the U.S. CARES Act granted an extra $600 per week in unemployment insurance (UI) benefit payments from late March through July 2020. This unprecedented increase in UI generosity caused weekly benefit payments to exceed prior earnings for most recipients, raising concern that many would be unwilling to accept job offers, slowing the labor market recovery. To assess the impact of the UI supplement, we analyze the job acceptance decision in a dynamic framework in which job seekers weigh the value of a job against remaining unemployed, accounting for the perceived state of the labor market and expected weeks of UI benefits. We derive a reservation level of benefit payments at which an individual is indifferent between accepting and refusing a job offer at their prior wage. Calculating the reservation benefit and comparing it to imputed benefit payments for a wide range of U.S. workers suggests that only a small fraction would turn down an offer to return to work at their previous wage under the CARES Act expanded UI payments. We supplement this quantitative assessment of reservation benefits with direct empirical analysis of labor force transitions using matched Current Population Survey (CPS) data, linked to annual earning records from the CPS income supplement to form UI replacement rates. The results show moderate disincentive effects of the $600 supplemental payments on job finding rates and by extension small effects of the $300 weekly supplement available during 2021.

LONDON/TOKYO (Reuters) -European factories continued to ramp up their post-lockdown recovery in June but Asian manufacturers saw momentum weaken amid rising input costs and the reintroduction of curbs to combat a new wave of coronavirus infections, surveys showed. Czech and Polish manufacturing hit a record pace of activity for the second month in a row as orders rose and economies opened up again. But manufacturing activity grew at a slower pace in China and Japan as raw materials rose, while activity shrank in Vietnam, Malaysia and India, where governments imposed tougher restrictions to contain fresh coronavirus outbreaks.

Historically, bull markets rarely happen in the form of a smooth line, up and to the right.

New Vehicle Sales Expected to Stay Strong in the Second Quarter, According to Edmunds

Mercy Ships has taken delivery of the world’s largest civilian hospital ship, Global Mercy. The ship was delivered to the international charity at the Tianjin Xingang shipyard in northern China,...