Business

Wall Street bankers raked in their biggest bonuses since the 2008 financial crisis last year, setting a new record. This year? Not as much. That boom in 2021 was short-lived for finance workers, and they could expect year-end bonuses nearly half what they were before, according to a new study. Bankers who deal with stocks and debt are expected to…

One of the ways investors can earn profits from their investments is through dividends. To share wealth, some companies pay investors regular payments, known as dividends, when they make enough money to cover basic expenses. There are many ways you can use these funds. Some investors may choose to pocket the money, especially if they have other pressing financial needs.…

A small business lobby group filed a lawsuit on Tuesday to block the Treasury Department’s upcoming requirement that tens of millions of small businesses register with the government to prevent the criminal abuse of anonymous shell companies. The National Small Business Association argues that the new reporting rule violates the US Constitution because it places undue burdens on small businesses,…

While children’s hospitals and pediatric practices across the country are seeing a surge in cases of respiratory syncytial virus (RSV), this current surge is also affecting older adults. According to the Centers for Disease Control and Prevention, about six in every 100,000 adults have been hospitalized with the virus — a rate 10 times higher than this time of year,…

Poland, a NATO member, was hit by two Russian missiles, killing two people, according to an unidentified US intelligence official quoted by the Associated Press. The strike was also reported by Zet radio station in Poland, which said cluster missiles had landed about 6 kilometers from Poland’s border with Ukraine. Prime Minister Mateusz Morawiecki called an extraordinary meeting of the…

It’s easy to shake off a bit of numbness in your hand or lose your grip here and there. Unfortunately, as actress Christina Applegate learned in 2021, sometimes these normally not-so-worrying symptoms can be a sign of something more serious. Applegate was diagnosed with multiple sclerosis (MS) while filming the third – and final – season of the Netflix show…

Charlie Munger has never been shy about sharing his feelings about Bitcoin, but with last week’s spectacular FTX implosion, the Berkshire Hathaway Vice Chairman is amplifying his criticism in a big way. In a speech on CNBC, Munger ripped cryptocurrencies, calling them “part fraud and part deception.” “It’s a very, very bad thing. The country didn’t need a currency that’s…

The internet is awash with stories of people using a form of so-called “passive income” to get rich quick, whether it’s making money off simple YouTube ad dollars or investing in the latest meme stocks. It’s hard not to get sucked into the promise of making big bucks without doing a traditional day job. Often these strategies focus on real…

This kind of impending loss explains why Redfin recently announced it was shutting down its algorithm-powered iBuyer business. As long as the US housing market remains in correction mode, the math just doesn’t make sense. “When the shiitake mushrooms hit the fan, you [investors] want to go out first. The way to do this is to find where the lowest…

Balenciaga seems to cut problematic people out of his life. A month after the luxury fashion house became the first company to sever its ties with Ye, Balenciaga has now left Elon Musk. Paris-based brand owned by fashion conglomerate Kering has removed its profile from Twitter after the arrival of Elon Musk fueled fears about the social media platform’s direction.…