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These states will raise their minimum wages in 2023

Labor activists hold a rally in support of a national $15 minimum wage on May 19, 2021, in Washington, D.C. Kevin Dietsch | Getty Images News | Getty Images As the calendar turns to 2023, workers in more than half of all states have something to look forward to this …

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5 tax, investment changes that could boost your finances in 2023

1. Bigger contribution limits on retirement accounts If you’re eager to boost your retirement savings, there’s good news for 2023: higher contribution limits for your 401(k) and individual retirement account. In 2023, the employee deferral limit is $22,500, up from $20,500, and catch-up deposits for savers age 50 and older …

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Non-alcoholic beer set to continue to grow in 2023

The start of ‘Dry January,’ a month when many people avoid drinking alcohol, typically brings a heightened level of attention to non-alcoholic drinks. But the CEO of one of the leading non-alcoholic beer companies said that the demand for non-alcoholic brews is booming well beyond a single month. “This is …

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5 things to know before the stock market opens Friday, December 30

Here are the most important news items that investors need to start their trading day: 1. That’s that The last trading day of 2022 is upon us. Will we go out with a bang or a whimper? The three major indices are coming off a strong Thursday. The Dow jumped …

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What’s in the historic Inflation Reduction Act

U.S. President Joe Biden holds out his pen to U.S. Senator Joe Manchin (D-WV) as Senate Majority Leader Chuck Schumer (D-NY) and U.S. House Majority Whip James Clyburn (D-SC) look on after Biden signed “The Inflation Reduction Act of 2022” into law during a ceremony in the State Dining Room …

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Shaw Communications, Li Auto, Southwest and others

Check out the companies making headlines before the bell: Shaw Communications (SJR) – Canada’s Competition Tribunal dismissed an attempt by the country’s competition watchdog to block the $26 billion acquisition of the telecom company by rival Rogers Communications (RCI). Shaw surged 10.1% in the premarket, while Rogers gained 0.4%. Li …

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Risk of a dangerous new Covid variant in China is ‘quite low,’ U.S. health expert says

Pictured here on Dec. 28, 2022, is gymnasium-turned-fever clinic in Fuzhou, Fujian province. Wang Dongming | China News Service | Getty Images BEIJING — It’s unlikely that a dangerous new Covid-19 variant is spreading in China, said Dr. Chris Murray, Seattle-based director of a health research center at the University …

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Southwest Airlines expects normal operations Friday after cancellations

Travelers at Baltimore Washington International airport deal with the impact of Southwest Airlines canceling more than 12,000 flights around the Christmas holiday weekend across the country and in Baltimore, Maryland, December 27, 2022. Michael McCoy | Reuters Southwest Airlines confirmed on Thursday that it expects to run a normal schedule …

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The biggest mistakes owners make when selling their business

Robert Daly | Getty Images For many entrepreneurs, the sale or transfer of a business is like giving up a baby they have raised from infancy.  Certainly, there’s a lot at stake economically, given that 80% to 90% of owners have their financial wealth locked up in their companies, according …

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UK says no plans for Covid tests for China arrivals

People are seen waiting at the arrivals area of terminal 5 at Heathrow International airport. Carlos Barria | Reuters LONDON — The UK’s Transport Department said Thursday there were currently no plans to reintroduce Covid-19 tests or additional requirements for travelers arriving into the country. It comes as several nations …

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