Category: Business News

The official manufacturing purchasing managers index fell to 47 this month from November’s 48, the National Bureau of Statistics said Saturday. That was worse than an estimate of 47.8 in a Bloomberg survey of economists.

The non-manufacturing index, which measures activity in the construction and services sectors, declined to 41.6 from 46.7 in November, lower than the consensus estimate of 45. A reading below 50 indicates contraction, while anything above suggests expansion. Both readings were the lowest level since February 2020. 

The services PMI, a sub-index of the non-manufacturing gauge, fell to 39.4 from 45.1 in November. That’s the lowest reading since February 2020 and the fourth consecutive

At Nashville International Airport on Christmas night, a police officer threatened to arrest stranded Southwest passengers if they didn’t leave a secured area of the airport. A video of the incident went viral across social media after being posted by a passenger to TikTok.

In the video, which has been viewed over 900,000 times since being posted two days ago, the officer warned passengers they must leave the area or they’d be “arrested for trespassing.” 

“Right now,” he continued. “Everybody to the unsecured side. The ticket counter will help you with any questions you have.”

Shelley Morrison, who was among the passengers with her three daughters, had been in line at a

Buffett wrote a letter to the editor of the Omaha World-Herald and met with the mayor this week to lobby against the $306 million project and urge the city to let residents vote on it.

But city officials are moving forward with the streetcar because they believe it will spur development, including Mutual of Omaha’s planned $600 million headquarters tower downtown.

Buffett said in his letter that he decided to make an exception to his policy of staying out of local issues even though “it can be off-putting to many to have a wealthy 92-year-old tell them what is good for their future.” He said he wanted to weigh in on the

In June 1867, over 700 U.S. troops led by Lieutenant Colonel George Armstrong Custer were soundly defeated by the Lakota Sioux and allied Native American tribes in the legendary Battle of the Little Bighorn, also known as Custer’s Last Stand. It’s rare to hear Wall Street analysts reference 19th-century history, but Loop Capital managing director Anthony Chukumba believes that is something like what we’re seeing with Bed Bath & Beyond this holiday season.

Take some time before January 1 to check off these tasks while they still count.

6 tax to-do’s before 2022 ends 

Federal tax returns and payments are due on April 18, 2023 (state deadlines vary, but many match the federal deadline). While W-2 income statements won’t be sent out until late January, you can use an online calculator now to estimate what you might owe. All you need are your pay stubs for the year, showing how much you earned and how much you paid in income taxes. 

If you’re hoping to shrink your tax bill, or possibly boost your refund, here are some strategies to try—plus one time-saving tool that’ll