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5 Day Trips on the East Coast that Cost Less Than $100

Travel helps inspire you, allowing you to tour meaningful historic places, take in unique works of art and culture, expand your passion for hobbies and adventure and make memories with loved ones....


Here are the top 10 most desirable cities for expats looking to relocate in 2024

London maintained its top spot as the most desirable destination city for global talent, according to the Decoding Global Talent 2024 report.


Faraday Future withdraws full-year production forecast

(Reuters) - Electric vehicle maker Faraday Future said on Tuesday it was withdrawing its production forecast for 2024 due to current market conditions and levels of funding. Shares of the company fell more than 8% in extended trading. The company also said it received a letter from the Nasdaq stock exchange indicating that its failure to timely file its quarterly report for the quarter ended


Indonesia probing Shopee, Lazada units for alleged competition rule breaches

JAKARTA (Reuters) - Indonesia's anti-trust agency said on Monday it is investigating the local units of e-commerce platforms Shopee and Lazada for suspected violations of anti-competition rules. The companies are PT Shopee Internasional Indonesia, and PT Ecart Webportal Indonesia, which oversee the domestic operations of Shopee and Lazada respectively. The agency did not elaborate on what the


BHP seeks more time over $49 billion offer for Anglo American

MELBOURNE (Reuters) -BHP Group on Wednesday said it needed more time to engage with Anglo American, a week after the London-listed miner rejected BHP's 38.6 billion pounds ($49.20 billion) offer ahead of a final bid deadline later in the day. In a statement to Australia's securities exchange, BHP outlined commitments to reduce regulatory risk in South Africa blocking the deal. It said it was


Exclusive-Argentina on track to start corn exports to China in July - grains chamber head

By Maximilian Heath BUENOS AIRES (Reuters) - Argentina is on track to start long-awaited corn shipments to China from July, the country's grain export chamber told Reuters on Tuesday, which would be a major boost for the South American nation, the world's no. 3 supplier of the grain. "Yesterday they confirmed to us that all the conditions are in place to move forward with shipments to China


18 Investments That Have Skyrocketed in the Post-Pandemic Era

Although the COVID-19 pandemic hit more than four years ago, some things are not quite back to normal. The virus itself is still around, and there could be an uptick in cases this summer, the...


IMF upgrades China's 2024, 2025 GDP growth forecasts after 'strong' Q1

By Joe Cash BEIJING (Reuters) -China's economy is set to grow 5% this year, after a "strong" first quarter, the International Monetary Fund said on Wednesday, upgrading its earlier forecast of 4.6% expansion though it expects slower growth in the years ahead. The IMF said it had revised up both its 2024 and 2025 GDP targets by 0.4 percentage points but warned that growth in China would slow to


Analysis-Weight-loss drug forecasts jump to $150 billion as supply grows

By Deena Beasley (Reuters) - As millions seek access to weight-loss drugs from Novo Nordisk and Eli Lilly, increasing supplies, possible wider usage and a growing number of would-be rivals are leading some experts to raise annual global sales forecasts for the treatments to about $150 billion by the early 2030s. A year ago, top sales estimates were in the $100 billion range. "It is very unusual


JPMorgan to pay $100 million over CFTC trade reporting violations

(Reuters) -JPMorgan Chase & Co will pay $100 million and admit it broke U.S. Commodity Futures Trading Commission rules in connection with trade reporting lapses, the regulator said on Thursday. The bank discovered and reported to the agency finding significant gaps in its trading data and order surveillance in June 2021, in some cases dating back to 2013, regulators found. The gaps meant the


Business service prices rise at fastest annual pace since March 2015

TOKYO (Reuters) - Japanese corporate services prices in April rose at their fastest pace since early 2015, Bank of Japan data showed on Tuesday, boosted by labour costs in the services sector. The Corporate Services Price Index (CSPI) rose 2.8% year-on-year in April, following a 2.4% increase in the previous month. For the month, the service prices rose 0.7% from March, slowing from the prior


Boeing sees six-fold rise in employee concerns on product safety, quality

(Reuters) - Boeing saw a six-fold increase in submissions from its employees raising concerns related to the safety of products and services during the first two months of 2024, compared with the same period last year, the planemaker said on Friday. The dramatic rise in these reports occurred after an incident on Jan. 5 involving a mid-air cabin panel blowout on a newly minted Alaska Airlines 737


Ousted WeWork boss drops effort to return

Adam Neumann had proposed to buy WeWork after it declared bankruptcy last year.


Activist investor Elliott takes $2.5 billion stake in Texas Instruments, CNBC reports

(Reuters) - Activist investor Elliott has taken a stake worth $2.5 billion in Texas Instruments and urged the chipmaker to improve its free cash flow, CNBC reported on Tuesday. Texas Instrument's shares rose more than 3% in premarket trading. Elliott proposed that the company introduce a "dynamic capacity-management strategy", which would allow Texas Instruments to achieve free cash flow of as


Australia consumer inflation surprises on high side in April

SYDNEY (Reuters) - Australian consumer price inflation unexpectedly rose to a five-month high in April due in part to increases in petrol, health and holiday costs, adding to risks the next move in interest rates might be upward. Data from the Australian Bureau of Statistics on Wednesday showed its monthly consumer price index (CPI) rose at an annual pace of 3.6% in April, up from 3.5% in March


China Evergrande's liquidators seek investors for restructuring

(Reuters) -Property firm China Evergrande Group said on Tuesday its liquidators have made only "modest realisations" of the company's assets and were now seeking investors for restructuring. The embattled developer's "liquidity and other internal resources remain limited," a filing by the company showed. "In view of the company's level of indebtedness and the challenges faced by the Group's


GameStop surges after fetching $933 million from stock sale

(Reuters) -GameStop made nearly $933.4 million by selling 45 million shares, the struggling videogame retailer said on Friday, sending its shares up 15% after the bell. The company had disclosed its share sale plan earlier this month amid a retail buying frenzy sparked by the return on social media of "Roaring Kitty" Keith Gill, whose bullish calls on the company spurred the 2021 meme stock rally


6 Places To Retire That Are Better Than Hawaii — and Way Cheaper

Retiring in Hawaii might seem like a dream come true, but the state isn't without its drawbacks. For one thing, the average home value is around $860,000. This is roughly twice the national average....


20 Most Expensive Neighborhoods in the U.S. — 6 Are in Florida

The cost of living in general, and a home specifcally, widely varies from city to city and even from neighborhood to neighborhood. While you may be able to afford a mansion in one area, you might not...


Boeing updates training for new hires in manufacturing and quality

(Reuters) - Boeing said on Thursday the planemaker has updated its workforce training for new hires for manufacturing and quality after pausing it in late February. Its new hires will now receive 10 to 14 weeks of foundational skills training before moving to the production floor, which is one to two weeks more on average per employee than in the past. At its Renton training center, Boeing has


The Most Valuable Sports Empires — And the Teams That Make Them Rich

The word "empire" might seem grandiose when discussing the richest enterprises in sports -- until you look at the list of the most valuable. See the List: 20 Richest Athletes in the World For You: 4...


Surprising Data Reveals The Top 25 Tax-Friendly States To Retire

To stretch your retirement savings as far as possible, don't focus solely on where has the lowest rent, the best access to public transportation or the most affordable groceries. Pay attention to...


Sabadell tells shareholders that BBVA bid process may last until 2025

MADRID (Reuters) -Spanish lender Sabadell is telling retail shareholders that they may have until 2025 before deciding on BBVA's 12.23 billion euro ($13.3 billion) hostile takeover attempt, as it seeks to stave off the bid. In a letter being sent to Sabadell's shareholders this week, Sabadell chairman Josep Oliu said investors do not have to take any decisions at this stage, "as the takeover bid


10 Questions You Must Ask Before Buying a Home Overseas

These are key factors for finding your perfect retirement home abroad.


15 Places That Are Swarming With Retirees (Only 3 Are in Florida)

If you are 60 or older, one of these places might be calling your name.


Toyota showcases compact engines adaptable to different fuels

TOKYO (Reuters) -Toyota Motor showcased next-generation engines on Tuesday that can be used in cars as varied as hybrids and those running on biofuel, as it targets tougher emissions standards and doubles down on its strategy of selling more than just EVs. At a media event with peers Subaru and Mazda Motor, the world's biggest automaker by volume displayed in-development 1.5 litre and 2.0 litre


Indonesia probing Shopee, Lazada units for suspected anti-competition rule breaches

JAKARTA (Reuters) - Indonesia's anti-trust agency is investigating the local units of e-commerce platforms Shopee and Lazada for suspected violations of anti-competition rules, it said on Monday. The companies are PT Shopee Internasional Indonesia, and PT Ecart Webportal Indonesia, which operates Lazada, it said. Shopee is owned by Southeast Asian technology firm Sea Ltd, while Lazada is


UAW asks US board for new unionization vote at Mercedes' Alabama plant

By Nora Eckert DETROIT (Reuters) -The United Auto Workers (UAW) union is seeking a new election at a Mercedes-Benz plant in Alabama after losing a vote there last week, according to a petition filed on Friday with the National Labor Relations Board. The union accused Mercedes of engaging "in a relentless anti-union campaign" including the firing of employees who were pro-union and holding


Adam Neumann ends bid to buy WeWork, NYT Dealbook reports

(Reuters) - WeWork founder and former CEO Adam Neumann has ended his bid to acquire the bankrupt shared office space provider, the New York Times Dealbook reported on Tuesday. Earlier this year, Reuters reported that Neumann's new real estate venture, Flow Global, had submitted a bid of more than $500 million to take over WeWork and its assets. "For several months, we tried to work


What Social Security Could Look Like in 2035

The future of Social Security remains uncertain, forcing people to ask questions like, "Will Social Security run out?" According to the Social Security Board of Trustees annual 2022 report, Social...


50 Best Summer Budgeting Tips for Families

Summer is expensive for families. With the kids home from school, your grocery bills will undoubtedly go up. If you pay for daycare or summer camp, that can also eat a big chunk out of your household...


Chinese property developer Kaisa's liquidation hearing adjourned

By Xie Yu HONG KONG (Reuters) -A Hong Kong court on Monday adjourned a hearing on a petition seeking the liquidation of Kaisa Group until June 24, giving the embattled Chinese developer some respite as it works on its debt restructuring plan. Kaisa shares surged nearly 6% in early Hong Kong trade on the news. The Shenzhen-based developer has been working on an offshore debt restructuring for


Hess shareholders approve merger with Chevron

By Sabrina Valle HOUSTON (Reuters) - Hess Corp on Tuesday approved the company's $53 billion merger with the No. 2 U.S. oil company Chevron, according to preliminary results of the vote. The merger required a majority vote to approve the deal by a majority of Hess' 308 million shares outstanding to pass. The company did not immediately provide the vote tally. Chevron offered to acquire Hess


TotalEnergies says it is examining cross-listing shares in U.S

PARIS (Reuters) - TotalEnergies said on Friday that it is studying plans to cross-list its shares in the United States, while also keeping its shares on the Euronext stock exchange. "It's more a technical study, how to offer these shares to the American market, while keeping our shares on Euronext, in Paris, in London, in Brussels, because the majority of our shareholders are European," Chairman


10 Cities With Homes That Just Won’t Sell

Spring is typically the busiest time of the year. More properties become available, prices start increasing for the summer rush and competition becomes fevered. However, with home prices and mortgage...


Union at Samsung Electronics in South Korea to take strike action

SEOUL (Reuters) - Samsung Electronics' union in South Korea has declared it will start taking strike action, including advising members as an initial protest to take annual leave on June 7, a union official said during a live-streamed press conference on Wednesday. The union accounts for about 28,000 workers, or more than a fifth of the company's total workforce, according to union officials. A


Always Buy These 11 Grocery Items at Dollar Tree

Dollar Tree may not be the first place you think of when it comes to purchasing your groceries, but you might want to add it to your rotation, or you'll miss out on great grocery deals. Be Aware:...


American Airlines cuts second-quarter profit forecast

(Reuters) - American Airlines on Tuesday cut its second-quarter profit forecast, sending the shares of the carrier down about 4% in aftermarket trading. The company now expects second-quarter adjusted earnings per diluted share to be between $1.00 and $1.15, down from its previous expectations of between $1.15 and $1.45 per share. It now expects total revenue per available seat mile to be down


World shares hold firm, traders await inflation prints

By Alun John and Stella Qiu LONDON/SYDNEY (Reuters) - World shares held near all-time highs on Tuesday and the dollar ticked lower as investors awaited inflation data from both sides of the Atlantic due later in the week. Traders were keeping an eye on the shift to a shorter settlement in U.S. trading but there were few major moves in advance of the U.S. market open. Investors in U.S. equities,


IMF upgrades China's 2024, 2025 GDP growth forecasts but warns of risks ahead

By Joe Cash BEIJING (Reuters) -China's economy is set to grow 5% this year, after a "strong" first quarter, the International Monetary Fund said on Wednesday, upgrading its earlier forecast of 4.6% expansion though it expects slower growth in the years ahead. The global lender's new projections come as Beijing steps up efforts to shore up an uneven recovery in the world's second-biggest economy,


Samsung Electronics union calls first-ever strike

A full-scale strike at the firm could have an impact on the global supply chains of electronics.


9 Ways to Overcome the Terror of Spending Your Retirement Savings

Put the fear aside and use these tips to retire with confidence.


HSBC's New York attendance jumps to 80% at new office

By Lananh Nguyen NEW YORK (Reuters) - HSBC's employee attendance has jumped to 80% at its new office in New York's Hudson Yards area, said Michael Roberts, CEO of HSBC in the USA and the Americas, on Thursday. Attendance was 40% before the pandemic at its former base in Bryant Park, Roberts said at an opening ceremony for the site. New York Mayor Eric Adams and former mayor Michael Bloomberg


Merck nears $1.3 billion cash deal for eye-drug company EyeBio, WSJ reports

(Reuters) -Merck & Co is nearing a $1.3 billion cash deal to buy ophthalmology biotechnology company Eyebiotech in an agreement that could see an additional $1.7 billion in milestone payments, the Wall Street Journal reported on Tuesday. The deal could be announced as early as Wednesday, the report said, citing people familiar with the matter. Merck did not immediately respond to Reuters'


4 Careers Where You Can Earn Seven-Figures Yearly

As the cost of living continues to rise in the U.S., the need to make more money further intensifies. Some research shows that even a six-figure salary may not be enough to comfortably get by and no...


Amid merger speculation, Brazilian airline Gol says parent talking with Azul

SAO PAULO (Reuters) - Brazilian airline Gol said on Tuesday its parent company Abra Group has started talks with airline Azul to "explore opportunities," following media reports earlier this year that pointed to a potential merger. A possible agreement between Abra Group, a Latin American airline holding company, and Azul "would not be binding for Gol," it added in a securities filing but without


Hong Kong court adjourns liquidation hearing of China developer Kaisa

HONG KONG (Reuters) - A Hong Kong court on Monday adjourned a hearing into a petition seeking the liquidation of Kaisa Group until June 24, giving a breather to the embattled Chinese developer amid Beijing's efforts to revive the crisis-hit property sector. Shenzhen-based Kaisa has been working on an offshore debt restructuring for two years after defaulting on $12 billion in offshore debt in


27 Most Lucrative Side Gigs for People Over 50

If you think the side hustle was born to serve the millennial generation, that might be true. Everywhere you turn these days, it seems like millennials -- ages 25 to 40 -- have at least one...


Exchange operators re-enable routing for Members Exchange after brief pause

(Reuters) - Several exchange operators on Tuesday re-enabled routing to Members Exchange (MEMX) after disabling it for a brief period. MEMX Equities delayed the opening of its pre-market session to 08:45 a.m. ET as the stock exchange encountered an issue. It did not clarify what the issue was. The exchange normally starts its pre-market trading session at 7:00 a.m. ET, according to its website.


S&P 500, Nasdaq open higher as investors await inflation data

(Reuters) - The S&P 500 and the Nasdaq opened higher on Tuesday after a holiday-extended weekend, with investors awaiting key inflation data later in the week that could influence expectations for the Federal Reserve's policy trajectory. The Dow Jones Industrial Average fell 40.6 points, or 0.10%, at the open to 39,028.99. The S&P 500 rose 11.2 points, or 0.21%, at the open to 5,315.91​, while