Federal Reserve plans to raise interest rates ‘soon’ to fight inflation: What that means for consumers and the economy

Federal Reserve plans to raise interest rates ‘soon’ to fight inflation: What that means for consumers and the economy

This post was originally published on this site The Federal Reserve signaled plans to begin raising interest rates “soon” in a bid to tamp down inflation before it poses a serious risk to the U.S. economy. A hike would be the first time the central bank has increased its benchmark...

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Space business: The final (profitable) frontier

Space business: The final (profitable) frontier

This post was originally published on this site The snub-nosed craft resembles a shuttle-airplane mashup, and is the latest entrant in a profit-seeking push with staggering potential — and risks — for humans to visit, work or even live in space. The display of technology like the life-size model “Dream...

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Sony Looks to Sell Its Own Electric Vehicles

Sony Looks to Sell Its Own Electric Vehicles

This post was originally published on this siteThe maker of PlayStation videogame consoles said it plans to create a car unit and explore entering the EV market.

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Rental-Car Shortage Drives Up Prices and Wait Times

Rental-Car Shortage Drives Up Prices and Wait Times

This post was originally published on this siteA shortage of rental cars that emerged earlier this year is getting worse, with Hertz, Avis and other providers struggling to meet demand and charging more.

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Thanks to the Chip Shortage, Texas Instruments Is Worth $170 Billion

Thanks to the Chip Shortage, Texas Instruments Is Worth $170 Billion

This post was originally published on this siteEven in the digital age, analog chips such as those the company makes in Texas are essential, and they are in short supply.

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Companies Plan to Pour Even More Cash Into Buybacks, Dividends in 2022

Companies Plan to Pour Even More Cash Into Buybacks, Dividends in 2022

This post was originally published on this siteAfter a blowout year, finance executives plan to go on rewarding their shareholders, and see little chance of a slower economy or a tax rise denting the momentum.

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De Blasio imposes sweeping vaccine requirement on New York businesses

De Blasio imposes sweeping vaccine requirement on New York businesses

This post was originally published on this siteNEW YORK — All New Yorkers who work in the city’s private sector will have to be vaccinated against Covid-19 under a new measure Mayor Bill de Blasio announced Monday — a “first-in-the-nation” mandate that would take effect four days before he leaves...

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After Covid Closures, a New Quest to Make Offices Less Awful

After Covid Closures, a New Quest to Make Offices Less Awful

This post was originally published on this siteTo lure workers back, companies are renovating spaces, using software so staff can coordinate visits and dangling upgraded food to make offices more appealing. ‘You want to create a pull, not a push.’

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J&J to Split Into Two Public Companies

J&J to Split Into Two Public Companies

This post was originally published on this siteJohnson & Johnson intends to separate its high-margin but risky prescription-drugs and medical-devices business from its storied but slower-growing consumer group, creating two publicly traded companies.

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Businesses left in limbo on COVID-19 mandate

Businesses left in limbo on COVID-19 mandate

This post was originally published on this siteBusinesses are in limbo after a federal court halted the Biden administration’s vaccine-or-test mandate for private employers.  Employers are preparing to enforce the Occupational Safety and Health Administration’s (OSHA) rule, which would…

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