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U.S. stocks sank Wednesday, reversing gains from earlier in the session, after inflation data showed that consumer price gains cooled in March and Fed minutes revealed that further rate increases haven’t been ruled out. The S&P 500 (^GSPC) slid by 0.41%, while the Dow Jones Industrial Aver...
Global direct investment in real estate fell for the first time on a quarterly, annual basis since the onset of the pandemic, according to a report this week from JLL. It dropped 24% to $234 billion due to uncertain economy, monetary policy and geopolitics, JLL said. Retail and hotel investment buck...
In what is being called the largest distilled spirits-related investment on record in Kentucky, a Louisville-based bourbon company will spend $600 million to expand into Laurel County. Governor Andy Beshear and officials with Sazerac Co. announced the move on Wednesday. “This is a significant inve...
Warren Buffett’s Berkshire Hathaway is continuing to unwind its long position in BYD, China’s largest home-grown EV maker and Tesla’s major rival, after holding it for 14 years. The legendary investor’s conglomerate sold another 3.2 million Hong Kong-listed shares of BYD (BYDDF) last week, c...
An online presence is crucial to driving efficiency, loyalty and new customer acquisition in today’s consumer climate. With the holidays upon us, here’s what small business owners should do to prepare. The busiest consumer spending period of the year — the holiday shopping season — i...
I recently provided a two-hour market overview for a small contractor at their annual management offsite meeting. My session covered a lot of ground, including the roles of capture and business development. When we got to that point of the discussion, we threw in sales. When they first posed the que...
Supporting Local Businesses Saturday, November 26, and Year-Round Strengthens Communities and Boosts Local Economies Governor Kathy Hochul today alongside Empire State Development, and the Departments of Labor, Taxation and Finance, and Agriculture and Markets encouraged all New Yorkers to support t...
The City of Miami Beach invites residents and visitors to “Shop Small, Shop Local,” on Small Business Saturday – November 26, 2022 —to bring more holiday shopping to the Miami Beach small business community. “Small businesses are the foundation of the Miami Beach character and spirit and w...
It’s the day before Thanksgiving, so Americans are spending more attention on getting to their relatives’ houses or preparing their own homes for the big meal, but there’s still plenty to watch. The Federal Reserve is slated to release the minutes from its last meeting, which could give invest...
Dow Jones futures tilted higher early Wednesday, along with S&P 500 futures and Nasdaq futures. The stock market rally rebounded Tuesday, with the S&P 500 retaking the 4,000 level. Deere (DE) reported better-than-expected earnings early Wednesday. DE stock rose solidly in premarket trade, si...
