Home / Business (page 30)

Business

"Core" inflation has risen most since September 2008, driven by services and now even the special case of sustainable goods

What would the Fed do if economic factors were all they looked at? Inflation measured by the "core" Consumer Price Index, which removes the volatile food and energy segments, jumped at the highest rate in 11 years in August, at 2.39%, a smidgen over the previous peaks in July 2018 (2, 35%), February 2016 (2.33%) and April 2012 (2.32%). Last …

Read More »

Billionaire Carl Icahn moves hedge fund to Miami: Report

New York tax flight to Florida New York State Republican President Nick Langworthy on the outing of New York residents from the high tax state and the outlook for the New York economy. Billionaire activist investor Carl Icahn moves to Florida, and his employees can take a payout to move or apply for unemployment. Icahn wrote a letter to his …

Read More »

Target Collection with Lilly Pulitzer launches Issac Mizrahi on Saturday

CLOSE If you missed these items the first time they sold out, you have another chance with Target's 20th anniversary collection of designer collaborations. USA TODAY Miss gets a Missoni sweater at Target 2011? Are you still looking for Lilly Pulitzer to finish the series in minutes in 2015? You get a do-over. On Saturday, Target's 20th anniversary collection is …

Read More »

2020 Cadillac CT4 debuts with 237 HP 2.0L Turbo and RWD

The 2020 Cadillac CT4 has made its official debut, arriving with a 2.0-liter turbocharged four-cylinder engine and rear-wheel drive in base form. General Motors describes Cadillac CT4 as a vehicle "ready to appeal to a new generation of sports luxury customers, thanks to its" RWD proportions and athletic design. "Like other vehicles in the Cadillac range, it will be offered …

Read More »

IHS Markit: US natural gas prices fall to 50 years low

Huge natural gas stocks in the United States are set to push fuel prices to an almost 50-year low, IHS Markit said on Thursday in a new report, with Henry Hub nat gas prices averaging $ 1.92 per million British thermal units in 2020. The low prices are expected to come despite a robust outlook for export and domestic demand, …

Read More »

Coffee Spill in Cockpit Diverts Flight

(Newser)                                          –                                         It's like spilling coffee in your car — only worse. Coffee spilled onto a control panel forced a flight carrying 326 passengers and 11 crew members from Germany to Mexico to divert to Ireland. Cups of coffee without lids had been brought to the cockpit for the crew, USA Today reports, and the captain put his on …

Read More »

UAW leader accused of counterfeiting union funds amid contract talks in Detroit

UAW Region 5 Director Vance Pearson DETROIT – A regional director with the United Auto Workers Union was indicted Thursday for embezzling union funds and other corruption charges as part of an expansion of federal corruption in the union. Federal prosecutors say UAW Region 5 director Vance Pearson, a member of the union's top board, conspired with other union officials …

Read More »

Whole Foods to reduce healthcare for 1,900 part-time employees by 2020

An employee of Whole Foods store in Oakland, California. David Paul Morris | Bloomberg | Getty Images -owned Whole Foods will withdraw medical benefits for hundreds of part-time workers as of January 1, 2020, the company said Thursday. Previously, employees needed to work at least 20 hours a week to qualify for the care plan. Now they will have to …

Read More »