US Olympic and other teams will bring their own AC units to Paris, undercutting environmental plan
The U.S. Olympic team is one of a handful that will supply air conditioners for their athletes at the Paris Games in a move that undercuts organizers’ plans to cut carbon emissions.
I couldn’t believe my eyes. I saw a news headline claiming no money-down mortgages were back. And then another headline. And another.For those old enough to be experiencing the frustration of trying to buy a home in this market but young enough not to remember what happened in the years leading up to the 2008 housing crisis, let me provide you with a quick overview. Zero Down Mortgage ExplainedIn the years running up to 2008, lenders figured out clever ways for borrowers to purchase a home with
EDITORIAL: Gov. Whitmer's EV Fail: $1 Billion Later, Only 200 Jobs Materialize
Michigan has plunged headlong into the electric vehicle (EV) and battery industry with all the grace of a bull in a china shop, spending a cool $1 billion
Social-Media Influencers Aren’t Getting Rich—They’re Barely Getting By
Earning a decent, reliable income as a social-media creator is getting harder, as platforms pay less for popular posts and brands get pickier about sponsorship deals. A possible TikTok ban is adding to anxiety over job stability.
Apple kills off its buy now, pay later service barely a year after launch
Apple is discontinuing its buy now, pay later service known as Apple Pay Later barely a year after its initial launch in the U.S., and will rely on companies who already dominate the industry like Affirm and Klarna.
"What these stories all have in common is that these nations rose from poverty by embracing a common formula: more economic freedom and free trade... not international aid or central planning." ~Jon Miltimore
The shifting prices of planes, games, and automobiles
Inflation, but make it slower The latest Consumer Price Index (CPI), a weighted basket of various goods and services, was unchanged month-over-month...
If you've ever wondered where your tax dollars are going, you're not alone: Cardi B posted a video on Instagram saying she want receipts of where her tax mon...
CEOs made nearly 200 times what their workers got paid last year
The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans’ budgets.
Weight-Loss Drugs Are Coming to Bite a Sugar Industry in Denial
(Bloomberg) -- In a room filled with more than 800 sugar traders, Sally Lyons Wyatt, an executive at consumer researcher Circana, had an important message to deliver: Ozempic is coming for your industry.Most Read from BloombergWall Street Moves to Fastest Settlement of Trades in a CenturyIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughCatering to the Ultra-Rich Is a Booming Business in AustraliaStocks Fluctuate at St
Service charges added to restaurant bills are a little different since they’re often applied in the context of some increased cost that the restaurant has incurred. So then why don’t restaurants just increase the prices of the dishes instead? Well, there’s some solid economic reasoning behind this growing trend.
Interactive: Winners and Losers of Inflation - Blog
For better or for worse, inflation is here to stay. This game lets you practice your decision making centered around the rise and fall of prices and interest rates. Inflation stinks--nobody likes paying more for the goods and services they buy. But since interest rates are the tool most commonly used by the Federal Reserve to bring inflation down, that means it's possible to mitigate the damage of inflation by choosing what to do with your finances based on their rise and fall.
NY Gov Hochul delays controversial NYC congestion pricing plan ‘indefinitely’ | CNN Business
New York Governor Kathy Hochul announced Wednesday she is indefinitely delaying the implementation of congestion pricing in New York City’s borough of Manhattan just weeks before the plan was set to take effect, dealing a major blow to transportation advocates who have spent decades pushing for the deal and a win for several opponents of the plan who say the toll is a regressive tax on commuters.
How Much House Can I Afford? Affordability Calculator - NerdWallet
To calculate "how much house can I afford," one rule of thumb is the 28/36 rule, which states that you shouldn't spend more than 28% of your gross monthly income on home-related costs and 36% on total debts, including your mortgage, credit cards and other loans like auto and student loans.