Companies are moving faster than many governments on carbon pricing


Of the 6,100-odd firms which report climate-related data to CDP, a British watchdog, 607 now claim to use “internal carbon prices” The first involves business units paying a fee into a central pot based on their carbon footprint This payment, equivalent to $8 per ton of carbon dioxide, is designed to encourage those who can cut emissions most easily to do more, and nudge everyone to do something...

Dow up 65 points as U.S. stocks mount early bid to resume winning ways


US stocks opened with modest gains on Thursday, as investors viewed the recent uptrend in equities as intact, though they held off from making big bets going into the earnings season and amid questions surrounding the bond market The Dow Jones Industrial Average DJIA, +040% rose 02%, or 52 points, to 25,420 The Nasdaq Composite Index COMP, +030% gained 13 points, or 02%, to 7,166 All three are...

U.S. jobless claims near four-month high at start of 2018


The number of people already collecting unemployment benefits, known as continuing claims, fell by 35,000 to 187 million Workers hired for temporary jobs are let go and state employment offices take longer to process applications They more than doubled to nearly 50,000 in raw or unadjusted terms The economy added 2 million jobs last year to make it seven years in a row Market reaction: The Dow...

Producer-level inflation climbs 2.6% in 2017, biggest increase since 2011


Wal-Mart previously announced wage increases in 2016The company is also offering a one-time $1,000 bonus to eligible full-time and part-time associates Those with at least 20 years of experience will qualify for $1,000 "We are early in the stages of assessing the opportunities tax reform creates for us to invest in our customers and associates and to further strengthen our business, all of which...

Boston Scientific approved for spinal cord stimulator as alternative to opioids


Shares of Boston Scientific Corp BSX, -157% rose 17% in premarket trade Thursday, after the company said the US Food and Drug Administration has approved its Spectra WaveWriter spinal cord simulator system, a non-opioid treatment for chronic pain "Paresthesia-based therapy provides pain relief with a light tingling sensation while sub-perception therapy works without that sensation," said the...

Take Down the Financial Barrier to Studying Abroad


Last week I attended part of an awesome conference for diverse college students, Discover EY, which I wrote about here One way to begin cultivating a global mindset is by studying abroad—which I’ve written about several times before A guide from Diversity Abroad , an organization that connects diverse college students with international educational and career opportunities, explains how to take...

Millennials Are Willing to Pay More to Back Small Businesses


Millennials Are Willing to Pay More to Back Small Businesses (Image: iStock/kate_sept2004) When it comes to supporting small businesses, millennials are willing and able to offer a helping hand About half of millennials (ages 16 to 34) are willing to pay more to support a small business versus 38% of Gen X respondents (ages 35 to 49) and 42% of baby boomer respondents (ages 50 to 75), a 2017...

How to Survive an IRS Audit


If so, you could be the lucky winner of a full IRS audit No matter what reason the IRS decides to come knocking, one thing is certain—you must be prepared As a former Internal Revenue Service agent, I have had the opportunity to participate in a host of audits, and time and time again, the key to surviving these unwanted ordeals is to make certain you understand your rights and responsibilities...

Hidden Genius Project Partners with Uber to Prepare College Engineers for Jobs


Hidden Genius Project Partners with Uber to Prepare College Engineers for Jobs (Image: Facebookcom/TheHiddenGeniusProject) The Hidden Genius Project, an organization that trains and mentors black male youth in technology creation, entrepreneurship, and leadership skills, has partnered with Uber to offer a program that will help young men take their skills to the next level According to the...

U.S. stock benchmarks lose ground for first time in 2018


Published: Jan 10, 2018 4:05 pm ET US stock-market indexes closed slightly lower on Wednesday as investors grew cautious following a temporary jump in the yield on the 10-year Treasury note, prompted by a report that China is considering halting purchases of US debt Investors dumped bond-proxies, or stocks such as utilities, real estate and telecoms Meanwhile financials stocks were the only...

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