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10 Best Credit Cards for Uber and Ridesharing of 2024

Best Credit Cards for Uber & Ridesharing of 2024 Best overall: Chase Sapphire Reserve® Why We Chose It: The Chase Sapphire Reserve is a premium travel rewards card that lets you earn Ultimate Rewards points on every purchase—but we love the 10X points you can earn on qualifying Lyft rides. You also get a Lyft […] The post 10 Best Credit Cards for Uber and Ridesharing of 2024 first appeared on Newsweek Vault.

2024-04-22T19:36:57Z

Oil Market Sees Iran Sanctions Having Muted Impact on Exports

Legislation pushing Joe Biden to ratchet up sanctions on Iranian crude oil is on track to become law as soon as this week. But don’t expect the president to fully use his new powers any time soon.

2024-04-22T23:51:21Z

Tesla Layoffs Draw Suit Claiming Not Enough Warning for Workers

Tesla Inc. was sued by a former employee who claims the company’s decision to lay off about 10% of its workforce in a global retrenchment violated the law by failing to provide required advance notice.

2024-04-23T05:15:08Z

Maharlika Investment Corporation unveils official logo

The state-owned company that manages the Philippines’ very first sovereign wealth fund has unveiled its official logo. "This logo signifies our commitment to realizing the vision of MIC for a revitalized, economically vibrant Philippines. As a catalyst for sustainable, inclusive growth, we are champions of progress and models of transparency and accountability,” Maharlika Investment Corporation (MIC) president and CEO Rafael Consing Jr. said in...

2024-04-18T12:04:50Z

Chile steel plant reopens as tariffs imposed on Chinese imports

Chile's biggest steel plant has resumed activities after the government imposed a temporary tariff on Chinese imports. Then on Saturday, Chile's finance ministry imposed a temporary tariff ranging from 25 percent to 34 percent on Chinese steel imports.

2024-04-22T17:45:08Z

Mutual of Omaha Mortgage Review 2024: Purchase and Refinance Mortgages with Decent Rates and Excellent Ratings

Finance a new home purchase or refinance your existing one with a Mutual of Omaha Mortgage loan that boasts fairly competitive interest rates and excellent customer satisfaction reviews. The post Mutual of Omaha Mortgage Review 2024: Purchase and Refinance Mortgages with Decent Rates and Excellent Ratings first appeared on Newsweek Vault.

2024-04-22T21:21:49Z

Novartis Surges After Forecast Boost Beats Expectations

Novartis AG raised its forecast as sales of blockbuster medicines for heart disease and psoriasis outpaced expectations, giving the stock its biggest boost in nine months.

2024-04-23T06:00:15Z

America’s child care crisis is holding back moms without college degrees

AUBURN, Wash. (AP) — After a series of lower-paying jobs, Nicole Slemp finally landed one she loved. She was a secretary for Washington’s child services department, a job that came with her own cubicle, and she had a knack for working with families in difficult situations. Slemp expected to return to work after having her son in August. But then she and her husband started looking for child care – and doing the math. The best option would cost...

2024-04-23T07:23:22Z

Ex-Goldman Executive Tears Into ‘Drama-Seekers’ in Gildan Boardroom Battle

The former Goldman Sachs executive who’s taking over as board chair at Gildan Activewear Inc. called for an end to the shareholder rebellion that has left the clothing company’s future in limbo.

2024-04-22T20:59:26Z

Airbus Hires Former JetBlue CEO Robin Hayes to Lead North America Unit

Airbus SE hired Robin Hayes, the former chief executive officer of JetBlue Airways Corp., to lead its operations in North America.

2024-04-22T16:58:46Z

California reject bill to crackdown on how utilities spend customers' money

SACRAMENTO, Calif. (AP) — California lawmakers on Monday rejected a proposal aimed at cracking down on how some of the nation's largest utilities spend customers' money. California's investor-owned utilities can't use money from customers to pay for things like advertising their brand or lobbying for legislation. Instead, they’re supposed to use money from private investors to pay for those things. Consumer groups say utilities are finding ways...

2024-04-22T16:31:24Z

PH businesses, New Zealand PM tackle investment opportunities

Philippine businesses recently met with New Zealand Prime Minister Christopher Luxon and his delegation to discuss possible investment opportunities. Held on Thursday in Makati City, the business matching session was hosted by the Private Sector Advisory Council (PSAC) and the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA). The PSAC said the business session ''provided a vital platform for Filipino...

2024-04-20T12:06:47Z

Markets up ahead of US data and earnings, London hits fresh record

Asian markets mostly rose Tuesday and London hit a fresh record, with hopes for earnings this week from tech titans helping to offset worries about the Federal Reserve's interest rate plans ahead of the release of key US growth and inflation data. London rose again, having closed at a record high Monday with the Bank of England tipped to slash interest rates soon thanks to cooling inflation.

2024-04-23T03:34:15Z

Second Week of Crypto Fund Outflows Shows Appetite Ebbs for ETFs

Appetite for global crypto funds continued to decline after a second week of outflows amid investor concerns that interest rates won’t be coming down any time soon, according to a report from CoinShares International Ltd.

2024-04-22T20:18:57Z

Federal Trade Commission sues to block Tapestry's $8.5B acquisition of Capri

NEW YORK (AP) — The Federal Trade Commission sued to block Tapestry, Inc.’s $8.5 billion acquisition of Capri Holdings Ltd., saying that the deal would eliminate direct head-to-head competition between the fashion companies' brands like Coach and Michael Kors in the so-called affordable luxury handbag arena. The agency also said Monday that the deal, a nnounced in August 2023, threatens to eliminate the incentive for the two companies to vie for...

2024-04-22T22:22:22Z

Stablecoin Bill Spells ‘Huge Disaster’ for Consumers, American’s Allen Says

As Congressional stablecoin legislation designed to legitimize and clarify many aspects of the mostly fiat-backed coins moves along, it’s drawing cheers from the crypto industry — and criticism from the traditional finance world.

2024-04-22T19:58:45Z

Peso strengthens after seven straight days of depreciation

The Philippine peso appreciated against its US counterpart on Monday after seven straight days of depreciation, following hawkish remarks from the Bangko Sentral ng Pilipinas (BSP). The local currency gained 11 centavos to close Thursday at P57.54:$1 versus last Friday’s finish of P57.65:$1, which was the weakest in 17 months since November 10, 2022’s close of P58.19:$1. Rizal Commercial Banking Corp. (RCBC) chief economist Michael Ricafort...

2024-04-22T10:12:04Z

Peso slips vs US dollar for fifth straight trading day

The Philippine peso weakened against its US counterpart for fifth consecutive trading day on Wednesday, marking its worst showing in nearly 17 months The local currency lost 18 centavos to close at P57.18:$1 from Tuesday’s finish of P57:$1. This is the worst since the peso closed at P57.375:$1 on November 22, 2022. BSP Governor Eli Remolona Jr. earlier on Wednesday said the market was reacting to a speech of Federal Reserve chair Jerome Powell,...

2024-04-17T11:04:02Z

How to Buy and Sell Stocks

Vault’s Viewpoint Terms to Know Term Description Market Order A stock order executed at the current price Limit Order A stock order executed at a designated price Dividend A payout received for holding on to shares Dividend Stock A stock that distributes dividends Growth Stock A stock that can potentially outperform the market Brokerage Account […] The post How to Buy and Sell Stocks first appeared on Newsweek Vault.

2024-04-22T18:21:21Z

Small Business Cybersecurity Tips

Vault’s Viewpoint Cybersecurity Threats to Small Businesses Short for malicious software, malware is the greatest cybersecurity threat to small businesses today. Malware refers to a wide variety of harmful software categories, including ransomware, spyware, Trojan horses and computer viruses. Attacks of this nature are becoming increasingly common globally and at disproportionately high rates for small […] The post Small Business Cybersecurity...

2024-04-22T17:36:13Z

State May Send Out New $1.8 Billion in Direct Payments

If passed, the checks will go out before the end of the year.

2024-04-22T21:24:27Z

PH automotive sales hit 37,474 units in March

The Philippine automotive industry sold nearly 37,500 units in March, lower than the previous month, to bring the year-to-date sales to almost 110,000 units, data released by local manufacturers on Monday showed. A joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA) show that new motor vehicle sales climbed to 37,474 units in March. This is 1.6% higher than the...

2024-04-22T09:11:58Z

NGCP places Visayas grid on red alert

The National Grid Corporation of the Philippines has placed the Visayas grid on red alert from 5 p.m. to 9 p.m. on Wednesday. In an advisory posted on Facebook early Wednesday night, the red alert status was raised in the Visayas due to the reduced output of MVIP. This was caused by the tripping of GNPK 2 (138 MW) and SMCPC (135 MW). "Manual load dropping or rotational power interruptions may be implemented to protect the integrity of the power...

2024-04-17T14:04:08Z

TikTok Ready to Fight US Ban With 170 Million Users at Stake

Four years ago, when the Trump administration threatened to ban TikTok in the US, its Chinese parent company ByteDance Ltd. worked out a preliminary deal to sell the short video app’s business. Not this time.

2024-04-22T14:27:56Z

China Wants Everyone to Trade In Their Old Cars, Fridges to Help Save Its Economy

China’s world-beating electric vehicle industry, at the heart of growing trade tensions with the US and Europe, is set to receive a big boost from the government’s latest effort to accelerate growth.

2024-04-22T22:19:21Z

Starbucks takes on the federal labor agency before the US Supreme Court

After Starbucks fired seven workers who were trying to unionize their Tennessee store, a U.S. government agency obtained a court order forcing the company to rehire them. Now, Starbucks wants the Supreme Court to curb the government’s power in such cases. On Tuesday, justices are scheduled to hear Starbucks’ case against the National Labor Relations Board, the federal agency that protects the right of employees to organize. If the court sides...

2024-04-23T04:28:47Z

SAP Rises Most Since January as AI Adoption Fuels Cloud Demand

SAP SE rose the most since January after posting strong cloud demand in the first quarter, as the boom in artificial intelligence fueled the German software company’s growth.

2024-04-22T20:34:27Z

EU lawmakers to greenlight new spending rules

The EU hopes to move towards healthier public finances after the expected passage of reforms to the bloc's spending rules on Tuesday in the European Parliament. EU negotiators finally reached agreement on the reform in February and now the European Parliament must give its final green light.

2024-04-23T02:50:01Z

Firefighter, Forester, Trail Builder: The First US Climate Corps Jobs Are Here

The American Climate Corps, a youth workforce program created by the Biden administration, launched a job board with hundreds of openings.

2024-04-22T21:51:01Z

Burford Seeks Argentina’s YPF Stake to Pay $16 Billion Award

Burford Capital asked a US judge to give it control of Argentine state oil company YPF SA as part of its effort to collect on a $16 billion court judgment against the Latin American country.

2024-04-22T20:06:23Z

Ally Mortgages Review 2024: This Lender May Be Your Homebuying Ally

Ally See Offers Vault Verified Expert Take For a homebuyer seeking a conventional mortgage loan — not an FHA, VA or USDA loan — Ally might be an appealing option. Money-conscious homebuye...

2024-04-22T16:51:08Z

Aboitiz Group bullish in 2024

The Aboitiz Group on Monday said it is bullish for 2024 as it is set to integrate its acquisitions into operations as well as spending more than double its capital expenditures this year for further expansions. In a press conference following its annual stockholders’ meeting (ASM), Aboitiz Equity Ventures (AEV) chief financial officer Jose Emmanuel “Toto” Hilado said the group is looking to sustain growth this year. “We don’t actually give...

2024-04-22T09:11:58Z

Trump called this visa 'very bad' for Americans. Truth Social applied for one

MIAMI (AP) — The social media company founded by former President Donald Trump applied for a business visa program that he sought to restrict during his administration and which many of his allies want him to curtail in a potential second term. Trump Media & Technology Group, the company behind Truth Social, filed an application in June 2022 for an H-1B visa for a worker at a $65,000 annual salary, the lowest wage category allowed under the...

2024-04-23T04:22:48Z

Stock Market Today: Broad Rally Kicks Off Busy Earnings Week

Stocks closed higher on Monday ahead of a slew of corporate earnings that investors hope will ignite a market rally.

2024-04-22T20:54:54Z

Peso breaches 17-month low, now down P57.65:$1

The Philippine peso continued its losing streak for the seventh straight trading day on Friday, dipping to its lowest level in 17 months, as hawkish signals from the Federal Reserve supported the dollar’s strength while escalating tensions in the Middle East compelled investors to shy away from the local unit. The local currency shed 46 centavos to close at P57.65:$1 from Thursday’s finish of P57.19:$1. This is the peso’s weakest level since it...

2024-04-19T11:05:48Z

Megawide posts 2023 turnaround, confident growth to continue

Megawide Construction Corp. on Monday reported a turnaround in its consolidated net income for 2023 from the net loss in the previous year, as the company posted double-digit growth in its consolidated revenues during the period. The Edgar Saavedra-led company recorded a P269-million consolidated net income in 2023 from the P1.87-billion consolidated net loss in 2022, as its consolidated revenues climbed by 26% to P14.8 billion. “Our EPC...

2024-04-22T11:12:12Z

Peso hits near 17-month low for third straight trading day

The Philippine peso extended its depreciation streak for the sixth straight trading day on Thursday, with the currency hitting a near 17-month low for the third straight day following hawkish signals from the Federal Reserve. The local currency shed a centavo to close at P57.19:$1 from Wednesday’s finish of P57.18:$1. This is the worst performance since the peso closed at P57.375:$1 on November 22, 2022. According to Rizal Commercial Banking...

2024-04-18T11:04:46Z

How to Save for a House: Fast and Easy Tips

Vault’s Viewpoint Five Strategies to Save for a House Take care of any high-interest debt and other obligations before you start saving for a house. In addition to freeing up cash flow, eliminating these debts will lower your debt-to-income ratio and may increase your chances of getting approved for a loan. Create a Plan A […] The post How to Save for a House: Fast and Easy Tips first appeared on Newsweek Vault.

2024-04-22T16:21:01Z

Economic Cha-cha will enable PH to respond to 'global realities,' group says

A group of economists said Thursday that the proposed measure that aims to amend the economic provisions of the 1987 Constitution would give way to legislations that respond to the current "global realities." In a statement, the Foundation for Economic Freedom (FEF) emphasized that (Resolution of Both Houses) RBH7 and its counterpart RBH6 in the Senate "will provide certainty to the country’s economic policy direction." This, as the group...

2024-04-18T06:04:43Z

Stock market today: Asian stocks track Wall Street gains ahead of earnings reports

HONG KONG (AP) — Asian share benchmarks were mostly higher Tuesday after U.S. stocks clawed back a chunk of their losses from the week before. U.S. futures were mixed and oil prices rose. Japan’s benchmark Nikkei 225 rose 0.3% to 37,552.16, despite the country's manufacturing activity contracting for 11 straight months while approaching the break-even point in April. A purchasing managers survey showed sentiment at 49.9, on a scale of up to 100...

2024-04-23T07:14:13Z

Diesel, kerosene seen to roll back; gasoline may go up next week

Motorists should expect mixed movements in fuel pump prices in the coming week with diesel and kerosene seen to go down while gasoline may go up. Citing oil industry estimates based on four-day trading, Department of Energy-Oil Industry Management Bureau Director III Rodela Romero said, “We will experience a mixed movement in the prices of petroleum products by Tuesday next week.” The estimated range of fuel price adjustments are as follows:...

2024-04-19T02:05:19Z

US Sues to Block $8.5 Billion Union of Coach, Michael Kors

The US Federal Trade Commission sued to stop Tapestry Inc.’s $8.5 billion takeover of rival Capri Holdings Ltd., marking the first time the Biden administration has used its aggressive antitrust enforcement to try to stop a deal in the fashion accessories sector.

2024-04-22T21:13:57Z

Here Comes the Sun Money: Biden Launches $7B 'Solar for All' on Earth Day

The 60 recipients will use the funding to help low- and moderate-income families overcome barriers to rooftop solar, expanding access to some 900,000 people.

2024-04-22T19:09:41Z

US Firms Still Cautious About Investing in China, AmCham Says

US companies are wary about investing in China because of policy unpredictability, according to a business group, as Beijing struggles to attract foreign funds to boost its economy.

2024-04-23T06:22:23Z

PHH Mortgage Lender Review 2024: Loan Types, Requirements and How to Apply

PHH Mortgage See Offers Vault Verified Expert Take PHH Mortgage can be a good loan provider for many borrowers, including first-home home buyers, people with poor credit and military serv...

2024-04-22T17:21:13Z

Tesla earnings a 'moment of truth' for Musk after stumbles

Tesla CEO Elon Musk faces heightened pressure with Tuesday's earnings report to reassure investors that recent stumbles are simply unexpected speed bumps -- and not indications of a road to decline. Tuesday's earnings and conference call are a "moment of truth" for Tesla and Musk, constituting "one of the most important moments in the company's history in our view," said a note from Wedbush.

2024-04-23T01:39:31Z

Best Free Business Checking Accounts of April 2024

10 Best Business Checking Accounts for Free How Do Free Business Checking Accounts Work? When you open a free business checking account, the bank might require a starting deposit of a minimum amount; for example, a minimum opening deposit of $50. You can find many business checking accounts for free like the ones previously mentioned […] The post Best Free Business Checking Accounts of April 2024 first appeared on Newsweek Vault.

2024-04-22T20:37:01Z

Gasoline pump prices up for 6th straight week; diesel, kerosene down

Pump prices of gasoline will be hiked for the sixth straight week on Tuesday, while those of diesel and kerosene will be rolled back. In separate advisories, Chevron Philippines Inc. (Caltex), Flying V, Petron Corp., Pilipinas Shell Petroleum Corp. and Seaoil Philippines Corp. said they will increase prices per liter of gasoline by P0.55, while reducing those of diesel by P0.95, and kerosene by P1.10. Cleanfuel, Petro Gazz, and PTT Philippines...

2024-04-22T03:11:10Z

Best Credit Card Referral Bonuses

What Is a Referral Bonus? A credit card referral bonus is a special offering a credit card issuer will give you to get a new user to sign up for a card. As long as that user follows your link or uses your code to sign up, the issuer will give you referral credit. It’s […] The post Best Credit Card Referral Bonuses first appeared on Newsweek Vault.

2024-04-22T20:06:35Z

loanDepot Mortgage Review 2024: Everything Online — Except Current Rates

loanDepot See Offers Vault Verified Expert Take loanDepot offers a wide range of mortgage products — including VA, FHA and jumbo loans — backed by proprietary software, a large team of lo...

2024-04-22T16:21:06Z