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Monthly Archives: September 2022

California moves to ban new oil wells within 3,200 feet of homes

Oil well and pump jacks near housing developments in the City of Signal Hill in Los Angeles County, California. Citizen of the Planet | Education Images | Universal Images Group | Getty Images California lawmakers on Wednesday sent a bill to the governor that would impose a statewide buffer zone …

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Port of New York and New Jersey delay late container fee

New York and New Jersey port officials tell CNBC they are not going live with the container fee they had planned for September 1. The Port of New Jersey has had a container imbalance of over 200,000 since January and the fee was to encourage the evacuation of both late …

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Minimum amount of cash to have in an emergency fund

Putting aside at least $400 in savings has long been recommended as an initial savings goal by personal finance experts. That’s because for years $400 has been a benchmark emergency expense used in the Federal Reserve’s annual survey of household economics.  However, that amount “hasn’t kept pace with the reality …

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Small businesses desperate for workers even as companies slow hiring

While some companies have slowed the pace of hiring due to concerns about an economic slowdown, the demand from small businesses for new workers has not yet shown signs of declining, Paychex CEO Marty Mucci said. “We’re still not really seeing any strong recessionary measures here for small business,” Mucci …

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Jobless claims total 232,000, the lowest level in two months

Initial filings for unemployment insurance fell to their lowest level since late June last week, a sign that the labor market is resilient amid a slowing economy. Claims totaled a seasonally adjusted 232,000 for the week ended Aug. 27, a decline of 5,000 from the previous period and the lowest …

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Gatorade adds caffeine to its lineup with energy drink Fast Twitch

Fast Twitch, from the makers of Gatorade Source: PepsiCo Gatorade is entering the energy drink category with a caffeinated spin-off called Fast Twitch. It represents yet another example of beverage companies blurring the lines between drink categories, seeking to leverage existing brand loyalty while entering fast-growing categories. Gatorade’s parent company, …

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How qualifying families can get free or cheap internet service

Fg Trade | E+ | Getty Images Here’s why the program exists The new program was created through the bipartisan Infrastructure Investment and Jobs Act, which Congress passed in November 2021. It is designed to be a permanent replacement for the Emergency Broadband Benefit Program, which was pandemic-related. Nearly 9 …

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Post-pandemic, Americans are tipping less generously for takeout

At the Sweetly Bakery & Cafe in Battle Ground, Washington, near Portland, customers seem to be feeling a little less generous lately. With inflation near record highs and consumers increasingly cash-strapped, gratuity isn’t what it used to be. “Since everything got more expensive, we’ve seen a decline in tipping,” said …

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Hormel Foods, Campbell Soup, Ciena and others

Check out the companies making headlines before the bell: Hormel Foods (HRL) – Hormel fell 4.2% in the premarket after issuing a mixed batch of quarterly results and guidance. The food producer’s quarterly revenue beat forecasts, but earnings were slightly short. The same was also true for its full-year outlook …

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Sterling suffered its worst month since Brexit, and analysts expect it to ‘plumb new depths’

The British pound suffered its worst month since the aftermath of the Brexit referendum, and analysts expect sterling to fall further as a “slowing economy and political paralysis” grip the U.K. Luke MacGregor | Bloomberg | Getty Images LONDON — Sterling in August suffered its sharpest monthly fall against the …

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