AP Top Financial News at 9:14 p.m. EDT
US employers added a solid 206,000 jobs in June in a sign of continued economic strength
US employers added a solid 206,000 jobs in June in a sign of continued economic strength
Thousands of workers for the Liquor Control Board of Ontario or LCBO remain on the picket lines of day two of the strike that shuttered all of the of the province-run liquor stores. Now it follows months of unsuccessful contract negotiations between the union and management, but it also focuses on concerns around Premier Doug Ford’s plans to increase alcohol accessibility across Ontario. Lexy Benedict reports.
Mark Boardman once applied for a Google job and didn't get it. A decade later, they made him a $320,000 offer, even though he thought he was too old.
There’s no one-size-fits-all plan for retirement.
AIX-EN-PROVENCE, France (Reuters) - China's anti-dumping probe into Europe's cognac industry is a tit-for-tat reaction to European Union tariffs on Chinese electric vehicles, the finance chief at Hennessy cognac owner LVMH said on Saturday. China announced plans on Friday for a hearing on European brandy imports, ramping up tension on the same day the European Commission's provisional tariffs on Chinese-made electric vehicles took effect.
The farm-equipment manufacturer will lay off about 600 employees across three US factories as it shifts production to a newly planned facility in Ramos, Mexico.
We recently compiled a list of the 20 Best Places to Retire in England and in this article, we will talk about the Best Place to Retire in England. Navigating Retirement Navigating retirement finances seems to be an uphill battle for many Americans approaching retirement. According to a study by Prudential Financial, Inc. (NYSE: PRU), […]
The mercantile history of Guangzhou, the city once called Canton that is about two hours' drive from Hong Kong, can be traced back to Wu Bingjian, one of the richest men to have ever lived on Earth. Better known among foreigners as Howqua, the 18th-century merchant accumulated enormous wealth running one of the 13 trading houses, or hong, that were granted exclusive rights by the Manchu rulers in Peking to sell tea, porcelain, silk and other exotic goods to Westerners, until the Opium War shatte
The China Association of Automobile Manufacturers (CAAM) is "strongly dissatisfied" with anti-subsidy tariffs proposed by the European Union, the industry group said in a statement on Saturday. Manufacturers had cooperated with the European Commission's investigation into Chinese subsidies, but the inquiry had ignored the facts and preselected results, CAAM said in a post on the Chinese messaging app WeChat. The EU imposed tariffs of up to 37.6% on imports of electric vehicles made in China from Friday, with a four-month window during which the tariffs are provisional with intensive talks expected between the two sides.
China's rapidly expanding artificial intelligence (AI) sector has nudged aside finance to top the country's salary rankings for the second quarter of 2024, as Beijing's push for self-sufficiency in tech and the rush to capitalise on the industry's global popularity are helping firms in the field outpace the banks, funds and brokerages that have tended to offer the highest-paying jobs. Propelled by an explosion of demand as businesses race to develop and trial AI applications, jobs in this sector
With all the work that goes into saving and investing for retirement over your lifetime, you don't want to reach that stage of your life only to get caught off guard by certain costs. If you're not...
The Business Secretary expressed concern about a ‘loophole’.
The popularity of non-alcoholic beverages is on the rise. So much that restaurants and liquor stores are having to adjust the options they give. Dry January, dry June, and sober October. We hear about the month-long campaigns that encourages people to stop drinking. But, the more consistent trend is the regular non-alcoholic consumption. "We've definitely noticed an upswing as far as the Generation Z. I think they're very mindful of what they intake and I don't think that the obligatory alcoholic drink before your dinner every night is the reality of today,” said Steve Fox, owner of the Bread & Circuses Bistro & Bar in Towson.
The battle for AI talent appears to be driving up salaries.
The recently retired CEO of semiconductor equipment maker ASML said in an interview with Dutch radio station BNR on Saturday that U.S.-China disputes over computer chips are ideological and not based on facts, and they are set to continue. Wennink left in April after a ten year term at the helm of ASML that saw it become Europe's largest technology firm. Since 2018, the U.S. has imposed increasing restrictions on what tools the company can export to China, its second-largest market after Taiwan, citing security concerns.
America’s services sector is losing steam at a time when it’s highly unclear whether the broader job market will hold steady or result in unexpectedly higher unemployment.
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Retirement is supposed to be the chapter that follows your career, but bad breaks -- and bad habits -- can quickly send undisciplined retirees right back to their jobs. Learn More: Here's How Much You...
China's BYD will acquire a 20% stake in its local distributor Rever Automotive in Thailand, its largest market outside of China where it is an electric vehicle market leader, the companies said Saturday. The Shenzhen-based automaker opened its first factory in Southeast Asia in Thailand this week. Rever Automotive, which has over 100 showrooms in Thailand, launched the sale of BYD vehicles in 2022 and BYD soon became the country's top-selling EV brand.