Business

Wall Street tumbled thanks to the Omicron variant.

Wall Street, consumer confidence tumble amid Omicron variant concerns

Americans will spend billions on Black Friday but not everything is a good deal. These are the five worst purchases to make.

5 purchases to avoid on Black Friday

Dollar Tree has started rolling out a price increase to $1.25 for many items, a sign of pressures retailers face holding down prices amid rising inflation.

Dollar Tree raising prices to $1.25 per item

Target is no longer opening on Thanksgiving Day. This is a permanent change but many businesses are also closing at least for this year.

Target will not open on Thanksgiving. Here’s what other stores are doing.

Initial unemployment claims hit 52-year low as GDP growth slowed.

Initial unemployment claims hit 52-year-low, GDP growth slows in Q3

Biden orders the release of 50 million barrels of oil.

Looking to lower gas prices, Biden orders release of 50M barrels of oil

Black Friday deals are expected to be smaller than normal.

Not as good as they usually are: Black Friday deals not immune to inflation

The word 'taper' has been on the lips of nearly everyone on Wall Street this year. Now that it's happening, what exactly does tapering mean?

The Fed is set to taper. What the heck does that mean for consumers and inflation?

Inflation is soaring and consumer prices are up on pretty much everything. But here are five things that are actually cheaper now.

Prices for these 5 things are actually cheaper despite inflation

John Deer reached a deal to end a strike.

John Deere, workers union work out deal, ending month-long strike

Staples Center will change its name to Crypto.com Arena

Staples Center name change to Crypto.com Arena draws pushback

CALLING ALL CHEESEHEADS! NOW’S YOUR CHANCE TO OWN A SLICE OF THE GREEN BAY PACKERS. [packers website stock offering.mov] THE NFL TEAM IS OFFERING OWNERSHIP SHARES FOR JUST THE SIXTH TIME IN HISTORY. [i’ve included the pdf which has a letter to future owners, also a screen record (tagboard) of a video showing images of lambeau field that’s downloading in asset folder now. There’s also an image of an old the stock certificate in that screen record video] WISCONSIN’S FOOTBALL TEAM IS FAMOUS FOR BEING OWNED “BY THE PEOPLE.” AND NOW THOSE PEOPLE NEED TO RAISE MONEY FOR SOME STADIUM IMPROVEMENTS OVER AT LAMBEAU FIELD. SO IF YOU HAVE 300 DOLLARS TO FULFILL YOUR DREAM OF OWNING A FOOTBALL TEAM - NOW’S YOUR CHANCE. [text: $90 million in stock /// 300,000 shares /// $300 apiece] THE PACKERS ARE OFFERING 90-MILLION DOLLARS IN “STOCK,” THAT’S 300-THOUSAND SHARES AT $300 APIECE. [if we want to feature the years it’s been offered before, it’s: 2011, 1997, 1950, 1935, 1923] IT’S THE FIRST TIME IN A DECADE STOCK’S BEEN OFFERED {2011}. AND AGAIN, JUST THE SIXTH TIME EVER. [exact numbers in red, 361,300 owners /// 5,009,500 shares or 5 million shares] THERE ARE CURRENTLY OVER 300-THOUSAND TEAM OWNERS {361,300} IN THE PACK, SPLITTING MORE THAN FIVE MILLION SHARES {5,009,500}. THIS TIME YOU CAN’T OWN MORE THAN 200 SHARES, SO DON’T GET ANY IDEAS ABOUT CONTROLLING STAKE. [here’s where i would show the certificate, there’s one in the tagboard video (an older one) and i’ve included another image too] [text: no dividends // can’t sell stock // restricted transfers] UNLIKE THE STOCK WE’RE USED TO TALKING ABOUT IN “JUST BUSINESS,” YOU CAN’T MAKE MONEY OFF A PACKERS SHARE. THERE ARE NO DIVIDENDS, YOU CAN’T SELL YOUR STOCK, EXCEPT BACK TO THE TEAM FOR A FRACTION OF THE PRICE. AND YOU CAN ONLY GIFT IT IN VERY RESTRICTED CIRCUMSTANCES. [certificate for “little more than a piece of paper + fans in stadium after] IT AMOUNTS TO LITTLE MORE THAN A PIECE OF PAPER. BUT FOR DIEHARD FANS WITH 300 DOLLARS TO BURN, THAT’S ENOUGH TO BECOME A PART OWNER. THE PACKERS SAY THE STOCK SALE WILL GO THROUGH FEBRUARY AND IF YOU’RE INTERESTED, THE INFO’S ON THEIR WEBSITE. I’M SDR FROM NY IT’S JB

Want to own an NFL team? Green Bay Packers begin selling stock

285 S&P 500 companies mentioned inflation in their Q3 earnings calls.

Inflation mentions rise during S&P 500 earnings calls

President Biden's infrastructure bill may help with future supply chain issues, but it may not fix the logjam at U.S. ports right away.

Biden’s infrastructure bill may not be short-term silver bullet for supply chain struggles

Experts are expected an expensive Thanksgiving.

Thanks, inflation: Thanksgiving dinner will be more expensive this year

GE announced it will split into three companies.

GE splits itself into three different companies, stock price jumps

Retailers are looking to hire ahead of the holiday shopping season.

Need a job this holiday shopping season? Hiring forecast looks bright

Elon Musk asked Twitter if he should sell 10% of his Tesla stock.

Musk consults Twitter, says he will sell 10% of his Tesla stock

Eric Adams said he will take his first three paychecks in Bitcoin.

New York Mayor-elect Eric Adams to get first three paychecks in Bitcoin

The U.S. turned around recent weak jobs reports in October.

US turns around weak jobs reports, adds more than half a million jobs

The Fed will begin to taper its pandemic-era aid.

Powell announces Fed will taper down pandemic-era aid

Yahoo announced it has pulled out of China.

Yahoo pulls out of China due to ‘challenging’ business, legal environment

Federal regulatory costs average over $15,000 per year per American household under the Biden administration, according to a new report.

Consumer spending slows down amid historic jumps in wages, inflation

Amazon could make no profit in Q4.

Amazon could make $0 profit on $140 billion in sales for holiday season