A vehicle refuels at a Phillips 66 gas station in Rockford, Illinois, U.S., on Monday, July 29, 2019.Daniel Acker | Bloomberg | Getty ImagesCompany: Phillips 66 (PSX)Business: Phillips 66 is an energy manufacturing and logistics company. It operates through the following segments: midstream, chemicals, refining, and marketing and specialties. The...
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Does the tax on your year-end bonus check seem high? Here’s why
Jgi/tom Grill | Tetra Images | Getty ImagesDoes your year-end bonus look smaller than expected?Tax withholding is a likely culprit, but Uncle Sam may pay some back when you file an annual tax return, experts said.Bonuses are treated as taxable income, like wages in a typical paycheck.However, unlike wages, the...
Inflation has created a dark cloud over how everyday Americans view the economy
Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois.Scott Olson | Getty ImagesWhen Kyle Connolly looks back at 2023, she sees it as a year defined by changes and challenges.The newly single parent reentered the workforce, only to be laid off from her...
Ultra-luxury Aman Resorts launches a more affordable brand called Janu. Here’s what it costs
Few names exude "quiet luxury" like the ultra-luxe Aman Resorts.Its hotels bear its moniker: from Amanoi in Vietnam, to Aman Sveti Stefan in Montenegro and the hotel that started it all — Amanpuri in Phuket, Thailand.Fans of the brands — known as 'Aman Junkies' — are accustomed to paying its...
Nike, Foot Locker shares sink after athletic apparel maker cuts revenue outlook
Nike shares plunged Friday after the athletic apparel maker cut its revenue outlook for the fiscal year, with sneaker retailer Foot Locker also feeling the blow.Nike closed down more than 11%. Foot Locker, which relies heavily on Nike products in its stores, closed down nearly 4%.It was Nike's worst day...