Most Americans are dealing with high levels of credit card debt, but Gen Z is particularly prone to high credit card debt. Barstool Sports founder and President Dave Portnoy weighs in on the new tipping trend that has caused consumers to further squeeze their bank accounts. Boeing released its annual safety report which showed a 500% increase in submissions to its safety and quality tip line as the aerospace giant prepares to submit a report to regulators. Restaurants Canada says an increase in the farm-level price of chicken in B.C. Canada’s Competition Bureau has launched investigations into the parent companies of grocery chains Loblaws and Sobeys for alleged anticompetitive conduct, court documents reveal, with Sobeys’ owner calling the inquiry “unlawful.” Our morning newsletter will keep you updated on program highlights of the day’s top stories.
- Oracle takes a big move toward health with a deal to buy Cerner for $28.3 billion.
- On Friday, the state reported 21,027 new coronavirus cases, the highest single-day total since early in the pandemic, when testing was not as widely available.
- The Ministry of Ports, Shipping and Waterways has submitted a monetisation pipeline of Rs 10,000 crore to NITI Aayog, the central think tank and nodal government body for asset monetisation, the report added.
- Joachim Nagel, left, in 2016 next to Jens Weidmann, whom he will succeed as the head of Germany’s central bank, the Bundesbank.
Finance officials from the Group of Seven rich democracies say they have moved toward agreement on a U.S. proposal to squeeze more money for Ukraine from Russian assets frozen in their countries. On Friday, an appeals court lifted the legal block on the vaccine rule, though appeals to the ruling were immediately filed, leaving the rule’s legal status up in the air. On Saturday, hours after the appeals court ruling, the Labor Department’s Occupational Safety and Health Administration urged employers to start working to get in compliance.
U.S. Polo Assn. Named Finalist as Best Sports Licensed Brand at the 2024 Licensing International Excellence Awards
The cost of building a large-scale nuclear power plant in Australia would be at least $8.5 billion, according to the CSIRO and the energy market operator. DMO extends N100bn Sukuk offer by 2 daysThe offer for subscription of the Federal government N100 billion Sukuk which… Many don’t realise their superannuation will be docked to repay a student loan, financial mentor says.
- On this date last year, Jan. 27, 2021, GameStop hit its record high, closing up nearly 1,800 percent from just a few weeks before.
- Retail sales fell by much more than expected last month as heavy rain kept shoppers at home.
- The ASX has hit a six-week high with the energy sector the only loser in a day of gains across the ASX.
- “Given the amount of downside risks going into the new year, it’s hardly surprising to see investors adopting a more cautious approach as they log off for the holidays,” Craig Erlam, a senior market analyst at Oanda, wrote in a note.
- The journey to home ownership can be exciting, but personal finance columnist Christopher Liew warns about the trappings of becoming ‘house poor’ — where an overwhelming portion of your income is devoured by housing costs.