Tag Archives: year

Photo supplied Leslie Meredith

Inflation slowed again last month, more than expected, as the Federal Reserve raised interest rates at the fastest pace in decades. The Consumer Price Index (CPI) in November showed a 7.1% increase over last year and 0.1% increase over the month, the Bureau of Labor Statistics said Tuesday. Economists had expected prices to rise at an annual 7.3% clip and 0.3% month-over-month, per Bloomberg data. On a “core” basis, which strips out the volatile food and energy components of the report, prices… Source link

As investors wrap up one of the most challenging years on record, signs of life in the M&A market suggest risk appetite might be increasing as we approach the new year. U.S. investors were met with at least $40 billion worth of deals ahead of the open Monday, led by Amgen’s acquisition of Horizon Therapeutics, Microsoft’s new stake in the London Stock Exchange Group, Coupa Software’s sale to Thoma Bravo, and a move by Weber to go private. This deluge of deals in one of the year’s final… Source link

It’s been a crap year for stocks, with the overall market down 17%. At Carvana, the wheels came off. The online used-car merchant lost 97% of its value through Dec. 9, with the stock down a like amount. The company started the year an investor darling and ended as a bankruptcy possibility. For these reasons and more, Carvana is the Yahoo Finance Worst Company of 2022. When we choose our best company of the year—which this year is Costco—we assess financial performance, societal impact,… Source link

It’s been a crap year for stocks, with the overall market down 17%. At Carvana, the wheels came off. The online used-car merchant lost 97% of its value through Dec. 9, with the stock down a like amount. The company started the year an investor darling and ended as a bankruptcy possibility. For these reasons and more, Carvana is the Yahoo Finance Worst Company of 2022. When we choose our best company of the year—which this year is Costco—we assess financial performance, societal impact,… Source link

In Google’s annual report, the company takes a look at what people are searching for in 2022 that they weren’t searching for in 2021: Search terms like “Wordle” and “Early voting places near me.” These are the words and phrases that had breakout moments in search engine queries, Google search trends expert Alex Joseph said. “So Wordle had a breakout year this year,” he said. “If you recall, it seemed like every single person in January and February was… Source link

Editor’s Note — Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get news about destinations opening, inspiration for future adventures, plus the latest in aviation, food and drink, where to stay and other travel developments. (CNN) — Google has released its annual roundup of Year in Search trends, which covers a wide variety of topics, including tourism. It’s no surprise that travel-related searches picked up big time in 2022, as more destinations re-opened and dropped… Source link

Google has launched its 2022 ‘Year in Search’ overview, which provides a snapshot of the key interests and trends throughout the year, based on Google Search activity. And it certainly provides a quick dose of recent nostalgia. As per Google: “Wordle was the top trending search globally, as guessing five-letter words every day became a way of life. We also saw pop culture continue to leave its mark as we searched for “how to become a fighter pilot” thanks to “Top Gun:… Source link

Citing the accomplishment by Costco Wholesale Corp. of keeping its prices competitive while boosting sales, Yahoo Finance has named the warehouse club operator its 2022 Company of the Year. “In a year of rampant inflation—not seen since the early 1980s—Costco  was a warm hug to millions of loyal members by keeping prices for everything from food to gasoline as low as possible, just as rivals were aggressively jacking up prices,” Yahoo… Source link

Indians form the world’s largest diaspora group at around 18 million. That has led to India receiving ever-increasing remittances over the years. In 2022, the amount has already touched $100 billion, making the country the first ever to reach the figure, World Bank data (pdf) show. “Remittance flows to India were enhanced by the wage hikes and a strong labor market in the United States and other OECD countries,” a Nov. 30 World Bank release said. Read more datawrapper-chart-So8Gk Inward… Source link