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Macy’s discovers massive expense fraud, pushing back Q3 earnings

Macy's has discovered a massive expense fraud, pushing back its Q3 earnings. An investigation found that a single employee intentionally made erroneous accounting entries to hide $132 million to $154 million of expenses from 2021 to November 2. The employee is...

Cars to Avoid: A Mechanic’s Honest Review

New trucks from major manufacturers such as Ford, Dodge, Chevy, Nissan, and Toyota are not recommended due to their high price tags and significant depreciation within the first five years of ownership. Additionally, various models including Jeep Renegade, Fiat 500, Ford...

Unlocking Sustainable Power for Generations to Come

China's renewable energy plans are leading the way in sustainable power generation. With a focus on offshore wind turbines, China aims to replace fossil fuels and reduce carbon emissions. This shift towards cleaner energy is expected to peak coal consumption by...

Markets digest bank earnings after recent turmoil

The recent collapse of Silicon Valley Bank and Signature Bank has led to a crisis of confidence in the regional banking sector. Despite strong bank earnings from JPMorgan Chase, Citigroup, Wells Fargo, and PNC Financial Services, stocks slid due to recessionary...

COP29: World agrees to $300bn deal for developing countries

The COP29 climate conference has agreed to provide funding for developing countries, with wealthy emitters committing to pay $300 billion a year by 2035. However, this is lower than the $1.3 trillion annually needed to address global warming, leading to disappointment...

The 7 best high-yield savings accounts of April 2023

The best high-yield savings accounts of April 2023 have been ranked by CNN Underscored Money based on nine data points across six categories, including APY, fees, customer experience, digital experience, minimum deposit requirement, and minimum balance to avoid a monthly fee....

Google-parent stock drops on fears it could lose search market share to AI-powered rivals

Google-parent stock drops on fears it could lose search market share to AI-powered rivals. Google has begun rolling out its ChatGPT rival, while experts warn that AI could pose an 'extinction' risk for humanity if not used responsibly. Impact on Businesses and...

McDonald’s is upgrading its burgers

McDonald’s is upgrading its burgers with softer buns, gooier cheese, added onion directly to patties on the grill, and more Big Mac sauce. The upgrades were first made in international markets and will be available nationally by early next year. Changes to...

Even when wives make as much as husbands, they still do more at home

A study reveals that in 29% of heterosexual marriages, women and men earn about the same. However, despite equal earnings, wives still do more at home, spending 2 hours more per week on caregiving and 2.5 hours more on housework than...

Opinion: Why millionaires like us want to pay more in taxes

Members of the Patriotic Millionaires propose three changes to the tax code: taxing all types of income equally for high earners, inheriting wealth as income, and taxing the highest earners more. They suggest returning to top rates from the 20th century...

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UK Banks Set to Receive Significant Compensation Packages Despite Shareholder Concerns

UK banks are set to secure significant pay increases for their bosses, with some...

The Party Switch: A Bitter Rivalry in Local Politics

A Green Party candidate's bid to evict a Labour opponent from his own house...

Deportation of Venezuelan Men Put on Hold by US Supreme Court

The US Supreme Court has issued a temporary order halting the deportation of dozens...

The Divide Revealed: A Bin Strike Exposes Inequality

A bin strike in Birmingham has exposed the stark divide between rich and poor,...