WASHINGTON—The number of Americans collecting unemployment benefits slid last week, another sign that the job market continues to recover rapidly from the coronavirus recession. Jobless claims dropped by 24,000 to 400,000 last week, the Labor Department reported Thursday. The weekly applications have fallen more or less steadily this year—from a peak of 904,000 in early…
Best Ways to Generate Tax-Free Income in Retirement: Think About This Stuff Now
This story originally appeared on MarketBeat Nothing feels more deflating than having to pay taxes on every penny you’ve ever saved and invested. If you have the wherewithal to think about how you’d like to receive your retirement income in advance, good for you. It’ll benefit you down the road, big time! Let’s take a…
Amazon Denies That It Will Accept Bitcoin as a Form of Payment
By Entrepreneur Staff Last week, Amazon ran an ad saying it was looking for a cryptocurrency expert without giving much more information. “The Payments Acceptance & Experience team is seeking an experienced product leader to develop Amazon’s blockchain and digital currency product strategy and roadmap,” reads the job listing, which can be read here. With…
Nestlé and Other Brands Recall Ice Cream Contaminated With Carcinogenic Substance
By Entrepreneur Staff A statement from FACUA-Consumidores en Acción reported that the Froneri ice cream factory in Spain—responsible for Nestlé, Milka, Toblerone, Nuii, Oreo, Princesa, La Lechera, and Smarties products—accidentally contaminated several batches with ethylene oxide, a gas used as an antifreeze that is flammable and has carcinogenic effects. From the Swiss multinational brand, there are…
Businesses Need to Ensure Supply Chains Free From Chinese Goods: Former Prime Minister
July 28, 2021
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Asia & PacificAustraliaaustralia-chinaBusinessChinaChina-Australia RelationsEconomiesFinance & Business TiesInternationalSpecial TopicsTony AbbottUKWorld
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Former Australian Prime Minister Tony Abbott has called on business leaders not to focus on short-term gains, but instead, work towards minimising Beijing’s influence on supply chains. In a speech to Policy Exchange, a right-leaning think tank in the United Kingdom, the former prime minister also conceded that his government was too naïve in its…
Delta Airlines Announces the Hiring of More Than 2,000 Employees in Georgia
Georgia’s largest private employer has announced the hiring of more than 2,000 employees since January, bolstering the state’s pandemic recovery. Delta Air Lines announced the hiring of 2,216 people this week, adding to the nearly 30,000 employees who work for the company in the state. It also plans to expand nonstop international routes in Atlanta…
Analysis: Arizona, Virginia Cities Dominate Top 10 Places to Buy First Home
Despite the coronavirus pandemic that overtook the country during 2020, 40 percent of all housing purchases last year were made by first-time buyers, a 14 percent increase over 2019. A new study from WalletHub looks at 300 cities nationwide of varying sizes to rank the best places for new home buyers based on key indicators….
Average US Price of Gas Rises 2 Cents per Gallon to $3.22
CAMARILLO, Calif.—The average U.S. price of regular-grade gasoline rose 2 cents over the past two weeks, to $3.22 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that gas supply is abundant, which could keep prices from spiking further. The price at the pump is 98 cents higher than it was a…
Texas Upstream Oil and Gas Sector Continues to Add Jobs
The Texas upstream oil and gas sector continues to add jobs, new data from the Texas Workforce commission shows. In June, upstream oil and natural gas employment expanded by 3,100 jobs, the fifth best single-month performance in over five years. Since the low point in employment in September 2020, months with job gains in the…
Existing US Home Sales up in June; Prices Reach New Heights
Sales of previously occupied U.S. homes rose in June, snapping a four-month losing streak, while strong demand for higher-end properties and ultra-low mortgage rates helped push prices to new highs. Existing homes sales rose 1.4 percent last month from May to a seasonally-adjusted annual rate of 5.86 million units, the National Association of Realtors (NAR)…
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