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Wall Street's hottest investor is cooling on China |
Cathie Wood, the CEO of Ark Invest, is reportedly slashing her exposure to China, and switching to stocks that are in Beijing's good books. Read more » |
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Jobless claims fall to new pandemic low in last week of enhanced benefits |
The number of first-time claims for jobless benefits dipped to a new pandemic-era low last week. That's welcome news, and proof that the jobs recovery is still moving in the right direction. Read more » |
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The taper is starting. What happens next matters most |
On Tuesday, the Reserve Bank of Australia ripped off the stimulus band-aid and confirmed that it would start to scale back its bond-buying program this month despite concerns about the impact of the Delta coronavirus variant on the economy. Read more » |
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Taco Bell wants you to send back your used sauce packets so it can refill them |
Taco Bell has a plan in place to recycle some of the 8 billion pounds of used sauce packets that go into US landfills every year. Read more » |
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Burger King copies McDonald's with celebrity meals |
Burger King's menu is getting a big makeover and its customers might not even notice. That's why Burger King is hiring celebrities to promote the changes. Read more » |
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Job openings rose to yet another record high in July |
America has more job openings than it can fill. That has been a truth of the pandemic recovery. Now the Delta variant is threatening to make that even worse. Read more » |
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