Shoppers walk by a discoloured patch of pavement in The Maltings shopping centre in Salisbury, southern England on September 4, 2020 . adrian dennis/Agence France-Presse/Getty Images The U.K. economy expanded by 6.6% in July, for its third consecutive monthly increase, according to data released Friday. The U.K. Office for National …
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Quarantine has helped many Americans realize they have more possessions than they need. (DepositPhotos) People have had more time and opportunity to evaluate their living spaces, and their needs, during the coronavirus pandemic. And the results may surprise you. House sizes in the U.S. are on the rise — since the …
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A Bank of England official said Friday that he thought it “quite likely that additional monetary stimulus will be appropriate” in order for the British central bank to reach its official 2% annual inflation target. Michael Saunders, a member of the BoE’s rate-setting Monetary Policy Committee, said in a speech …
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A record-setting August for stocks has set the bar high, but September may be off to an upbeat start, led by technology. The big question for investors is whether the equity market will keep up the momentum? That brings us to our call of the day from Schwab Center for …
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More than 30 states have been approved by the Federal Emergency Management Agency to start distributing an extra $ 300 a week in weekly unemployment benefits. The $ 300 federal add-on results from executive actions taken by President Donald Trump this month in the form of three memos and one …
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When companies’ share prices move very high, some consider splitting the shares so that the lower prices will attract more investors. This can be a positive for stock performance over the long term. Tesla Inc. TSLA, +1.83% will split its stock 5-for-1 on Aug. 31 and Apple Inc. AAPL, -0.08% …
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The July jobs report was likely viewed with some relief at the Federal Reserve in the sense that officials don’t have to rush forward with more monetary stimulus measures, economists said Friday. The U.S. economy regained 1.76 million jobs last month and the official unemployment rate fell for the third …
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This summer has been eventful for ByteDance, the owner of the rapidly growing social network TikTok. First, the Indian government banned the application from distribution in the country, due to concerns that the Chinese government might access user data. Then a number of U.S. companies warned employees to remove TikTok …
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To conserve cash, some employers are suspending contributions to their workers’ 401(k) accounts. And if this downturn plays out like previous recessions, more will follow. The handful of employers announcing suspensions in recent weeks include travel companies and retailers hit first and hardest by shrinking consumer demand, including Amtrak, Marriott …
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