Dollar General’s new Popshelf stores chase inflation-weary shoppers in the suburbs

In this article DG Follow your favorite stocksCREATE FREE ACCOUNT HENDERSONVILLE, Tennessee — Dollar General‘s next big strategy for growth is tucked in a strip mall in suburban Nashville, and it is coming to other cities soon. It’s a new store called Popshelf. Over the past two years, the Tennessee-based discounter has tested the store…

Delta expects 2023 earnings to nearly double thanks to ‘robust’ travel demand

In this article DAL Follow your favorite stocksCREATE FREE ACCOUNT Delta Air Lines Airbus A330-300 landing at Athens International Airport AIA ,LGAV / ATH Eleftherios Venizelos, with registration N806NW, a former Northwest Airlines Airplane. Nicolas Economou | NurPhoto | Getty Images Delta Air Lines says the travel boom isn’t over. The airline expects its adjusted…

Bank of England seen hiking by a half-point as inflation shows signs of peaking

The Bank of England is expected to raise interest rates by 50 basis points on Thursday, with inflation showing signs of peaking but still uncomfortably high at 10.7% in November. Bloomberg | Bloomberg | Getty Images LONDON — The Bank of England faces the unenviable task of navigating a slowing economy, sky-high inflation and an…

Photos show disgraced FTX founder Sam Bankman-Fried cuffed in Bahamas on his way to jail

TOPSHOT – FTX founder Sam Bankman-Fried (C) is led away handcuffed by officers of the Royal Bahamas Police Force in Nassau, Bahamas on December 13, 2022. – Disgraced cryptocurrency tycoon Sam Bankman-Fried was hit with multiple criminal charges December 13, 2022, accused of committing one of the biggest financial frauds in US history. Bankman-Fried will…

‘It could be a blessing and a curse.’ Here are 3 unexpected financial pitfalls unmarried couples need to know

Petri Oeschge | Getty Images  SEATTLE — If you’re living together before marriage or committed long-term without plans to tie the knot, you’ll need to prepare for the future — or you may face challenges later, experts say. There are “rising rates of cohabitation,” with many couples skipping marriage because “they don’t see the benefit,”…

Here’s why salaries in the U.S. don’t keep up with inflation

Inflation in the United States hit a record high in June 2022. Consumer prices soared by 9.1% compared with a year prior — the largest annual increase since 1981. While wages are rising, they’re not keeping up with inflation. Wage growth has been consistent with an inflation rate of about 4.5%. Meanwhile, as of November,…

This 529 savings plan myth is making college pricier for families, consultant says: ‘It’s candidly, blatantly not true’

Kevin Dodge | The Image Bank | Getty Images SEATTLE — For many families, paying for college is a financial burden, and experts say education funding myths may be adding to the student loan debt crisis. “There’s often this perception that somehow people are being penalized for saving for college,” said Cozy Wittman, national education…

Corporate Tax Rates around the World, 2022

Key Findings In 2022, 16 countries made changes to their statutory corporate income tax rates. Six countries—Colombia, South Sudan, Netherlands, Turkey, Chile, and Montenegro—increased their top corporate tax rates, while 10 countries—including France, Greece, and Monaco—reduced their corporate tax rates. Comoros (50 percent), Puerto Rico (37.5 percent), and Suriname (36 percent) are the jurisdictions with the…

Ford boosts production of electric F-150 Lightning pickup truck

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Corey Williams, plant manager at Ford’s Dearborn Truck Plant and Rouge electric vehicle center, outlines the automaker’s production plans for the F-150 Lightning electric pickup during a facility tour on Dec. 13, 2022. Michael Wayland | CNBC DEARBORN, Mich. — Ford Motor has added a…

Stocks making the biggest moves midday: Moderna, First Solar, Pinterest, Norwegian Cruise Line and more

In this article NCLH MRNA ORCL PINS Follow your favorite stocksCREATE FREE ACCOUNT Vials with Pfizer-BioNTech and Moderna coronavirus disease (COVID-19) vaccine labels are seen in this illustration picture taken March 19, 2021. Dado Ruvic | Reuters Check out the companies making headlines in midday trading. Moderna – The drugmaker saw its stock soar more than…

Billionaire Ken Griffin sues the IRS after his tax records were disclosed

Ken Griffin, Citadel, at CNBC’s Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Hedge-fund billionaire Ken Griffin has sued the IRS and the Treasury Department over the “unlawful disclosure” of his tax information, escalating the battle in Washington over leaked tax filings of super-wealthy people including Warren Buffett and Jeff Bezos. In a complaint…