CVS announced on Wednesday that it was raising its employees’ minimum wage to $15 an hour effective in July 2022. The wage increase will also include incremental increases to hourly rates starting this month, CVS said. CVS is the latest ...
The Treasury Department announced yesterday it will raise $126 billion to finance the government in a series of auctions next week by employing emergency measures to keep from reaching the newly imposed debt limit. Treasury Secretary Janet Yellen has called ...
The 2021 holiday shopping season may suffer from out of stock goods and shipping delays as the flooding in Europe and China exacerbate already strained global supply chains. “Come Black Friday, we can likely expect to see prices rise for ...
Amazon has revealed for the first time the number of people it employs in the U.S., putting the figure just shy of one million. While the headcount was boosted by an additional 64,000 people hired in the second quarter, it ...
Billionaire entrepreneur Elon Musk’s brain-chip startup, Neuralink, has raised $205 million in a funding round led by Dubai-based venture capital firm Vy Capital, with participation from Alphabet Inc’s Google Ventures, the company said Thursday. Neuralink aims to implant wireless brain ...
/GettyImages-1045262938-d6e77886128f4b05b3b4b4e3daef781a.jpg "IPO market nears peak as valuations hit 20-year high, but analysts are concerned")
Low interest rates and high returns have fueled record IPO demand, but with valuations for newly public businesses now at levels last seen during the dot-com bubble, some experts are worried the boom is coming to an end. According to ...
Advertising growth was the biggest driving factor of Big Tech’s blowout quarter, as the economy snapped back from pandemic lows and a long-term shift to digital went into overdrive. Facebook, Snapchat, Twitter, LinkedIn, YouTube, and Google all posted record ad ...
Robinhood, whose longstanding mission is to democratize investing, is seen as the main gateway to the markets for young investors. The stock trading app will trade on the Nasdaq under ticker HOOD, priced at an expected $38 to $42 per ...
Growth stocks have been the talk of Wall Street for well over a decade. It is likely they will only continue to thrive during this time of low interest rates. Low lending rates have allowed fast-growing companies access to cheap ...
This week will be huge for the markets. First, the Federal Reserve is meeting today and tomorrow with potential talks about winding down its bond program. In turn, this could move the markets since it is generally seen as the ...