Dow Jones Futures Rise, Oil Prices Jump On Surprise OPEC+ Move, Russia News

Dow Jones futures rose modestly Monday afternoon, along with S&P 500 futures and Nasdaq futures. Crude oil prices rebounded as OPEC+ unexpectedly agreed on a small production cut. Meanwhile, Russia said natural gas flows to Europe will remain shut until Western sanctions are lifted. X The stock market rally fell sharply again last week, breaking …

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Where to find the best-paying cities for Gen Z | Personal Finance

When compared to millennials — who largely entered the workforce in the wake of the Great Recession — Gen Zers face a much different job market and set of economic conditions. Wages are rapidly increasing, and businesses are struggling to find and retain workers. Taken together, these conditions better position Generation Z to avoid many …

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Amazon to close, scrap plans for dozens of warehouses amid slowing sales growth: report

Evercore ISI senior managing director Mark Mahaney provides his top technology picks and investment strategy in an inflation-driven market on ‘Varney & Co.’ Amazon is reportedly scrapping plans to build dozens of warehouse facilities across the United States amid slowed sales growth. The consulting firm MWPVL says that the online retail giant is either closing …

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Murphy wants to change how remote workers are taxed. But it’s not simple, experts say.

New Jersey is set to tackle the controversial issue of how remote workers employed by out-of-state companies are taxed, something that took on heightened urgency since the COVID-19 pandemic when many people started working from home, Gov. Phil Murphy announced last week. The governor revealed a bipartisan proposal for new legislation that addresses the issue, …

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Bitcoin Trades Below $20,000, Pulls Back as US Jobs Market Remains Strong

Text size Bitcoin rose to above $20,000 after the US jobs report was released Friday but has pared those gains and has fallen back below that level. Dreamtime Bitcoin crossed $20,000 on Friday after the US jobs report initially excited investors but pared those gains and has fallen back below that level to a range …

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‘Stop Buying Avocado Toast’ and 3 Other Pieces of Toxic Financial Advice

Image source: Getty Images It’s time to kick these financial guilt trips to the curb. Key points Toxic financial advice shames the listener instead of helping them. Other examples include buying a home instead of continuing to rent and sacrificing hobbies so you can work more. It’s better to ignore these so-called tips and find …

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CDC recommends reformulated coronavirus booster shot for fall

Comment on this story Comment UnlockThis article is free to access. Why? The Centers for Disease Control and Prevention recommended Thursday that millions of eligible Americans, including those as young as 12, get an updated omicron-targeting booster shot to bolter defenses against serious illness and death during a potential fall or winter rise in covid-19 …

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Feds raid Russian oligarch Viktor Vekselberg’s NYC apartment, Hamptons mansion

The Manhattan apartment and Southampton mansion of a Russian oligarch with close ties to President Vladimir Putin were raided by federal agents on Thursday, according to the FBI and a report. An FBI spokesperson confirmed agents “conducted law enforcement activity” at the Upper East Side high-rise and Long Island estate linked to billionaire Viktor Vekselberg, …

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Stocks extend their losing streak a third day, Dow closes down 300 points

Stocks fell for a third day on Tuesday, jeopardizing a summer comeback rally, as the Federal Reserve and other global central bankers continued to signal that they will raise interest rates to squash inflation despite the negative consequences for economic growth and, potentially, corporate profits. The S&P 500 fell 1.1% to 3,986.16, dropping below the …

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