June 06, 2019 / By mobanmarket
During Walmart’s annual shareholders meeting at its headquarters in Arkansas on Wednesday, CEO Doug McMillon panned the federal minimum wage as the retailer faced criticism from Sen. Bernie Sanders over its pay practices. Continue Reading Below McMillon started off the meeting by mentioning the incremental wage increases workers at the company have received – its […]
View ArticleJune 06, 2019 / By mobanmarket
May was the market's first negative month of the year and its first down May since 2012. From President Trump's first tweet that China was backtracking on commitments already made to last week's announcement that the administration was putting a 5 percent tariff on all imports from Mexico, world markets took stair-step moves lower. Continue […]
View ArticleJune 06, 2019 / By mobanmarket
Costco has reportedly managed to keep shoplifting from their warehouses incredibly low — giving it an edge against competitors. Continue Reading Below The company’s Chief Financial Officer (CFO) Richard Galanti said the company’s shrinkage — the term for merchandise lost to theft — is around 0.11 to 0.12 percent, according to Barron’s. Meanwhile, the average across […]
View ArticleJune 06, 2019 / By mobanmarket
Euro Pacific Capital CEO Peter Schiff is sounding the alarm on the Federal Reserve who signaled its ready to take action and potentially cut interest rates if the trade wars continue and impact the economy. Continue Reading Below “The markets should not be celebrating the Federal Reserve cutting rates,” he told FOX Business’ Liz Claman on […]
View ArticleJune 06, 2019 / By mobanmarket
The Internal Revenue Service released a new draft of its W-4 to reflect changes made to the tax code under Tax Cuts and Jobs Act, after critics said the previous proposal was too complicated. Continue Reading Below W-4 forms are filed with employers to calculate how much of your paycheck should be withheld for federal taxes. MORE FROM FOXBUSINESS.COM… […]
View ArticleJune 06, 2019 / By mobanmarket
Pitti Immagine knows how to put on a show. From the beginning (the early 50s), when the Italian aristocrat Giovanni Battista Giorgini first introduced Italian craftsmanship to a select group of influential American fashion retailers at their legendary Sala Bianca fashion shows held in the glorious Pitti Palace, to moving its headquarters to the fourteenth […]
View ArticleJune 05, 2019 / By mobanmarket
It seems James Comey is getting very defensive. The former FBI director tweeted this weekend, "An AG should not be echoing conspiracy theories. He should gather facts and show them. That is what Justice is about.” Continue Reading Below Justice? Yeah, right. This is all in response to Attorney General William Barr’s interview on CBS […]
View ArticleJune 05, 2019 / By mobanmarket
When it comes to planning for retirement, more than half of Americans are making a poor assumption — that they'll be able to still work during their golden years. Continue Reading Below Around 55 percent of Americans plan to work in some capacity while retired, according to an April study from the Transamerica Center. In reality, less than 10 […]
View ArticleJune 05, 2019 / By mobanmarket
The CEO of the nation’s largest retailer will not let trade tensions and tariff uncertainty impact U.S. consumers and businesses. Continue Reading Below The tit-for-tat trade war between the U.S. and China could result in President Trump slapping an additional 25 percent tariff on $325 billion worth of Chinese goods. However, Walmart CEO Doug McMillan […]
View ArticleJune 05, 2019 / By mobanmarket
A new survey found which smartphone reigned supreme in America. It also determined the favored wireless companies and the least favorite telephone service providers. Continue Reading Below The report by the American Customer Satisfaction Index (ACSI) Wireless Service and Cellular Telephone Report based its results from interviews with more than 19,000 customers between the months of […]
View Article
Recent Comments