City Boston Financial News
14.04 / 19:55
markets
COST
UPS
Food
reports
NOT
Your household shopping bill may not come down soon
Raw material prices are also starting to show initial signs of inflation after moderating previously, indicating price increases in some categories could be in the offing. Most consumer goods companies raised prices by more than a quarter in the past two years to offset rising costs under heads such as raw materials, supply chain and energy.
13.04 / 00:57
markets
UPS
wellness
trends
beautiful
travelers
Airport looks, resort styles goad retailers to stock up on vacation wear
NEW DELHI : Ankita Sehgal was all geared up for her 10-day vacation to Vietnam but for one important detail that she had to tick off her to-do list: shopping. Not in Vietnam, rather for.
12.04 / 00:23
10.04 / 06:27
Action
Fighting
show
volunteers
SOLIDARITY
Courts
AAP supporters worldwide condemn arrest of Arvind Kejriwal; observe day of fast in solidarity
Aam Aadmi Party (AAP) globally have observed a day of protest and fasting in solidarity with party chief and Delhi Chief Minister Arvind Kejriwal, who was arrested by the Enforcement Directorate in an alleged money laundering case. Kejriwal was arrested by the ED on March 21, hours after the high court refused to grant him protection from coercive action by the federal anti-money laundering agency. He is currently lodged in Delhi's Tihar jail. AAP volunteers in the US, Canada, the United Kingdom, Ireland, and Australia gathered in front of Indian embassies and popular locations on Monday to protest Kejriwal's arrest and call for his immediate release, a media release said. «Arvind Kejriwal is a symbol of hope for millions of Indians who are fighting for a more just and equitable society,» said AAP member Jeswanth Reddy from Los Angeles. «His arrest is an attack on democracy and the right to dissent. We will not be silenced.»
09.04 / 23:05
UPS
Provident
Williams
security
Research
wellness
reports
Saver’s Match provides big incentive for 401(k) contributions
Low-income workers are highly likely to contribute more to their 401(k)s under a forthcoming provision of the Secure 2.0 Act that will provide matching contributions from the government.
08.04 / 14:59
Conns
Basketball
audience
ESPN
Colleges
Sporting
Iowa-UConn women's Final Four semifinal most-watched hoops game in ESPN history; 14.2M avg. viewers
Iowa’s 71-69 victory over UConn at the women’s Final Four on Friday night averaged 14.2 million viewers on ESPN, making it the most-viewed women’s basketball game on record and the largest audience for an ESPN basketball broadcast
06.04 / 12:23
UPS
Citi
Citigroup
Opinion
Healthcare
Inside
Citigroup bankers might be interested in BCG's guide to the best jobs of 2027
As Citigroup goes through the process of extracting 20,000 jobs, it's been given a steer by Boston Consulting Group (BCG), whom insiders say has spent the past six months or so examining slides and organization charts assembled by current employees and deciding who is superfluous.
06.04 / 04:07
markets
UPS
MSCI
show
reports
Department
Rate Cut
Hot US jobs report tempers Fed rate cut outlook
Stocks on Wall Street rallied and the dollar rose on Friday, as bond prices fell, after another blowout U.S. jobs report suggested the Federal Reserve may delay cutting interest rates while it awaits further inflation data. Gold prices hit record highs and the Mexican peso, which tends to benefit from strong U.S. consumer demand, appreciated the most since late 2015.
05.04 / 15:07
Target
CEO
Platform
Sustainability
innovations
Schools
International
B Capital announces two senior hires to expand climate investments
B Capital, which has backed the likes of Byju’s, Meesho and Pharmeasy in India, has announced two appointments to further expand its climate investment practice. Rich Lesser, global chair and former CEO of Boston Consulting Group (BCG), has joined as vice chair, climate & sustainability and senior advisor, as per a statement.
03.04 / 02:27
Target
security
economy
Discover
reports
Department
prevention
Scathing federal report rips Microsoft for shoddy security, insincerity in response to Chinese hack
A Biden administration-appointed review board has issued a scathing indictment of Microsoft corporate security and transparency
02.04 / 16:59
markets
Aviat
Manufacturing
CEO
Healthcare
Trade
2020
GE aviation and energy businesses start trading on NYSE, marking the end of the conglomerate
General Electric has completed its split of the one-time conglomerate into three separate companies, as its aerospace and energy businesses started trading on the New York Stock Exchange as separate entities on Tuesday
01.04 / 22:05
Provident
Fighting
community
students
inclusion
volunteers
Schools
Financial
Fidelity unveils next-gen campaigns in fight for financial literacy
Fidelity is looking to help more young Americans get financially savvy with a fresh series of educational campaigns.
29.03 / 01:33
UPS
CEO
students
Universities
guidelines
Colleges
Surge in student attacks: A degree of safety key deciding factor for students heading to US
higher studies this year are choosing colleges based on the perceived safety of the location amid a recent surge in attacks on Indian students in the US, admission consultants said. Besides institutes and courses, parents who plan to send their ward to the US are asking questions such as which states are safe and which areas have high crime rates even as admission results for the 2024 batch have started coming in from US universities, they told ET. Some parents with daughters are even having second thoughts about the US, said Adarsh Khandelwal, CEO and founder of Collegify. There is widespread concern particularly among parents of students going for undergraduate studies as many of them would be staying away from home for the first time, consultants said. Caution is in the air amid reports of violent incidents involving Indian students, including some fatal ones, in places like Chicago, Boston, and Indiana, among others.
28.03 / 15:43
markets
COST
Provident
community
UnitedHealth
hospital
patient
Steward Health Care strikes deal to sell its nationwide physician network to Optum
Financially embattled hospital operator Steward Health Care has struck a deal to sell its nationwide physician network to Optum, a subsidiary of UnitedHealth Group, as it works to stabilize its finances
28.03 / 15:41
COST
UPS
CEO
community
Department
Massachusetts, Rhode Island and Connecticut receive proposals for offshore wind projects
Massachusetts, Rhode Island and Connecticut have received proposals for offshore wind projects as the three East Coast states hope to boost their reliance on the renewable energy source
27.03 / 08:49
Gold
Bank
tokenisation
HSBC Launches Gold Token Service for Retail Investors in Hong Kong
Banking giant HSBC is now allowing retail investors in Hong Kong to buy real gold through digital tokens.
27.03 / 04:27
Digital
Platform
Highways
Trade
Experts
strain
Traffic
Baltimore bridge collapse will redirect cargo across the US
Port of Baltimore and closed a major highway will cause weeks or months of transportation disruptions in the Mid-Atlantic region and accelerate a shift of cargo to the US West Coast as importers and exporters try to avoid potential bottlenecks at trade gateways from Boston to Miami. “Companies have already begun shifting volumes from the East Coast to the West Coast,” said Ryan Petersen, the founder and chief executive of Flexport Inc., a digital freight platform based in San Francisco. “Baltimore being taken offline means all the other ports on the East Coast are getting this bubble of cargo — creating congestion and delays.” That also means companies and consumers may face a repeat of one of the big supply chain lessons of the Covid pandemic: that a sudden 10% or 20% increase in volumes through a port “is enough to cause massive backlogs, congestion, ships waiting offshore and all sorts of delays that can compound on themselves,” Petersen said.
26.03 / 11:25
UPS
Provident
Booking
hospital
information
testing
patient
Seeing a doctor doesn’t have to be so frustrating
Why is it so frustrating to see a doctor these days—and can anything be done to make it easier? Despite years of efforts to improve efficiency and access, wait times to see a doctor have only gotten worse, amid a shortage of physicians in almost every specialty. One survey found the average time to secure a new-patient appointment is approaching one month in 15 of the largest cities in the U.S., and another survey found more than a third of Medicare patients are waiting more than a month to see a doctor. At least half of patients report experiencing “operational friction"—long hold times on the phone to reach a scheduler, difficulty getting a timely appointment and trouble accessing follow-up information, according to surveys from patient-experience firm Press Ganey.
26.03 / 08:07
Blockchain
Ethereum
Stablecoin
Binance
SEC
USDC
Blockchain Network
Binance to end support for USDC stablecoin on Tron blockchain network
Binance said on Monday customers would no longer be able to deposit and withdraw the dollar-pegged stablecoin USDC using the Tron blockchain network. Stablecoins are digital tokens that are designed to keep a constant value and are backed by traditional currencies. A stablecoin can be based on various different blockchains.
25.03 / 16:51
Binance
USDT
USDC
Binance to Discontinue Support for USDC Stablecoin on Justin Sun’s Tron
Binance will no longer facilitate deposits and withdrawals of the USD-pegged stablecoin USDC using the Tron blockchain network.
24.03 / 12:29
UPS
Booking
Career
security
social
travelers
volunteers
Here’s What Retirement Looks Like for Single Women in America
The risk of running out of money in retirement rises for those with lower pay, longer lives or no partner. Millions of single women wrestle with all three. Women earn less than men on average during their working years and are more than twice as likely as men to leave the workforce for more than one year to care for children or aging parents, according to a survey of 5,261 Americans that Goldman Sachs plans to release Monday.
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