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Business

Manchin favors trimming Biden budget plan

WASHINGTON (AP) — A Democratic senator vital to the fate of President Joe Biden’s $3.5 trillion plan for social and environmental spending said Sunday he won’t support even half that amount or the ambitious timetable envisioned for passing it. The stand by Sen. Joe Manchin, D-W.Va., was ...

4 ways to manage retirement health care costs

(AP) — Health care in retirement is a big-ticket item. Experts estimate that an average 65-year-old retired couple in 2021 would need about $300,000 in after-tax savings earmarked for health care costs in their post-work life, even with Medicare, according to Fidelity. The totals are ...

FUTURES FILES

Natural gas price explodes Natural gas prices have nearly doubled in the past 12 months, reaching $5.06 per million British Thermal Units (BTUs) early Friday morning. (A BTU is the amount of energy required to raise the temperature of one pound of water by one degree Fahrenheit.) It has ...

Futures Files

Jackson Hole talk moves financials higher Federal Reserve Chair Jerome Powell’s annual Wyoming speech sent metals, stock indexes, energy, and Treasury bond futures sharply higher on Friday. His talk was mainly “dovish” in tone. Toward the end, Powell implied the Fed would delay tapering ...

Five tips for fostering a successful hybrid workplace

(AP) — Businesses figured out how to work remotely on the fly when COVID-19 rapidly disrupted our way of working. Those planning to adopt a hybrid work model when they return to the office still have time to prepare. But managing a distributed team comes with its own unique challenges, ...