The newest all-electric luxury vehicle from Mercedes-Benz has the potential to improve the perception of the entire brand and will be a “Tesla fighter,” according to Deutsche Bank. Analysts at the bank said on Monday that the launch of the full-size luxury EQS sedan “could be a game changer” for Mercedes-owner Daimler, as well as […]
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Have an extra $50? $100? Even $20? Use it on an IRA for your future retirement (maybe even sooner)
An individual retirement account is an advantageous way to build a nest egg for the future, and it doesn’t take a lot of money to get started. Retirement Tip of the Week: Add a little money from your savings or current cash flow to an IRA, and if you already have one, try to max […]
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U.S consumer prices surge in March, pushing inflation to 2 1/2-year high
The cost of gasoline is going up — and so are the prices of many other goods and services. The result: Inflation is on the rise again in the U.S. Chris Delmas/Agence France-Presse/Getty Images The numbers: Consumer prices rose in March for the fourth month in a row and the pace of inflation hit the […]
Read MoreModerna COVID-19 vaccine rollout begins in England, giving under 30s alternative to AstraZeneca
The Moderna MRNA, -1.08% 0A45, -2.63% COVID-19 vaccine will start to be used in England from Tuesday, providing an alternative to the AstraZeneca AZN, -1.04% AZN, -0.96% vaccine for people aged under 30. The U.K.’s vaccine advisory committee, the Joint Committee on Vaccination and Immunisation (JCVI), last week recommended that 18 to 29-year-olds be given a […]
Read MoreU.K. COVID-19 strain doesn’t lead to more deaths, study finds
The coronavirus variant first identified in the United Kingdom spreads more easily than older strains but doesn’t lead to more severe disease among hospitalized patients, a new study found. People infected late last year with the variant, known as B.1.1.7, had more virus in their bodies than patients infected with older strains, a sign the […]
Read MoreCalifornia movie-theater chains ArcLight Cinemas and Pacific Theatres to close for good
In a blow to Southern California moviegoers, ArcLight Cinemas and Pacific Theatres, which together operate about 300 screens in the region and have been closed due to the COVID-19 pandemic, will not reopen. “After shutting our doors more than a year ago, today we must share the difficult and sad news that Pacific will not […]
Read MoreHere’s how much it costs to be a fan of your favorite NFL team
It is more costly to be a fan of the Las Vegas Raiders than any other NFL team, according to research compiled by data trends site Pickswise. The “total cost of being a fan” is calculated by the sum of the following: average ticket prices for all 16 games (home and away), average cost of […]
Read MoreOil prices rise on vaccine progress and reports of attack on Saudi oil facility
Oil futures headed higher on Monday, as reports that Yemen’s Iran-backed Houthi rebels attacked a Saudi oil facility lifted tensions in the oil-rich Middle East. “News of another Houthi attack on a Saudi oil facility during a weekend where geopolitical risk factors for oil are rising,” helped oil prices snap back from last week’s losses, […]
Read MoreOpinion: Paid leave for caregivers would be a boost for employers, workers and the economy
The Biden administration’s American Jobs Plan contains what might seem like a surprise: $400 billion for “caregiving infrastructure.” While some might scratch their heads to see eldercare and childcare listed alongside roads and bridges, this reframing is a critical one — and something for which care advocates have been calling for years. It also ought […]
Read MoreThe streaming wars have a winner — in this real estate sector
Hollywood was running out of studio space even before the pandemic hit. Now after a stay-at-home year, appetite for streamed entertainment, including original content, is surging. So, too, is demand for high-quality soundstages, creative labs and production offices. How much are consumers bingeing? COVID-19 fueled a 74% year-over-year increase in streaming-video demand, according to an […]
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