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 …

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 …

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 …

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, …

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 …

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 …

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 …

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 …

A screen displays the Fed rate announcement as a trader works (inside a post) on the floor of the New York Stock Exchange (NYSE) in New York, June 15, 2022. Brendan McDermid | Reuters The U.S. Federal Reserve last week struck a hawkish tone on combating inflation via monetary policy, …

Idle cranes line empty docks at the port of Constanta, Romania, on Tuesday, June 21, 2022. Oil prices will hold steady for the rest of the year with marginal declines in 2023, analysts estimated, with the exception of one who foresees “more bullish than bearish factors” for the market going …