Category: random

The truth about the retail apocalypse Retailers are making big hiring plans in anticipation of the holiday shopping rush. Gap (GPS) said on Monday that it was bringing on 65,000 seasonal workers. Target (TGT) announced plans for 120,000 workers last week, 20% more than last year, while Macy’s said it was hiring 80,000, the same…

Lucid Motors wants to beat Tesla at its own game Saudi Arabia has agreed to invest more than $1 billion in Lucid, a potential Tesla competitor. Lucid is planning a new high-performance electric car. It said the investment from Saudi Arabia’s sovereign wealth fund announced Monday will allow it to finish engineering on its first…

Elon Musk sued over ‘pedo’ tweet Vernon Unsworth, the caver accused by Elon Musk of being a pedophile, filed a defamation lawsuit against the Tesla CEO on Monday. “Elon Musk falsely accused Vern Unsworth of being guilty of heinous crimes,” Unsworth’s attorney L. Lin Wood said in a statement. “Musk’s influence and wealth cannot convert…

Why stock buybacks may deepen income inequality For the first time in a decade, Corporate America is steering more money into stock buybacks than investing in the future. S&P 500 companies rewarded shareholders with $384 billion worth of buybacks during the first half of 2018, according to a Goldman Sachs report published Friday. That big…

Is algae the food of the future? Keto is blowing up. The ketogenic diet is a strict regimen of low-carb, high-fat foods that forces the body into a state of ketosis — when you burn fat, instead of carbohydrates, for energy. With the help of social media and word of mouth, demand for keto-friendly products…

The steady path to a dream retirement If you’re looking forward to retirement, you’re not alone. Countless workers dream of leaving their jobs behind and enjoying the freedom of unstructured days. But before you pull the trigger on retirement, be sure to tackle the following moves so you don’t come to regret your decision later…

India’s path to double-digit growth India’s economy has been surging this year, but its currency is headed in the opposite direction. The rupee is one of the world’s worst performing currencies of 2018, losing more than 13% of its value against the US dollar. It resumed its slump on Monday, dropping near its record low…

Click chart for more premarket data. 1. Big week for trade: President Donald Trump is planning to impose a fresh round of tariffs targeting about $200 billion in Chinese goods as early as Monday, The Wall Street Journal reported. The timing of the announcement is fluid, two people familiar with the plans have told CNN.…

What you should know before buying your first home How can I get the benefit of real estate investments without becoming a landlord? Real estate remains a strong investment, even with prices slowing. But owning property can be a hassle. A huge amount of capital gets tied up in a handful of properties. And you…