US unemployment claims fall to 360,000, a new pandemic low
WASHINGTON — The number of Americans applying for unemployment benefits has reached its lowest level since the pandemic struck last year, further evidence that the…
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UnitedHealth raises outlook after strong second quarter
MINNETONKA, Minn. — UnitedHealth Group boosted its full-year outlook for a second time this year after a surprisingly strong second quarter despite sustained, elevated spending…
Morgan Stanley: Q2 earnings snapshot
NEW YORK — Morgan Stanley today reported second-quarter profit of $3.51 billion. The company said it had earnings of $1.85 per share. Earnings, adjusted for…
Furniture industry weathers lengthy delays as demand remains high
In the late spring of 2020, Home+FloorShow reopened its Dubuque store on the heels of a mandated, seven-week closure prompted by the COVID-19 pandemic. President…
Asbury council considers options for future of Meadows facility
ASBURY, Iowa — Asbury City Council members this week heard cost estimates and further discussed what the next steps would be to turn The Meadows…
Lego tells U.S. company to stop making guns look like its toys
COPENHAGEN, Denmark — Danish toymaker Lego said today it had asked a Utah-based gun company to stop producing a product that makes a pistol look…
Powell says inflation, though elevated, will likely moderate
WASHINGTON — Federal Reserve Chair Jerome Powell suggested today that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in coming…
Wells Fargo beats expectations with $6 billion profit in 2Q
SILVER SPRING, Md. — Wells Fargo had its most profitable quarter in two years, easily beating Wall Street estimates as the global economy continues its…
One trick to traveling cheaply: Flexibility
So you want to travel on a budget. Who doesn’t? Yet it’s easy to get overwhelmed by all the cheap travel tips, hacks and strategies…
Inflation at wholesale level increases 1.0% in June
WASHINGTON — Inflation at the wholesale level jumped 1% in June, pushing price gains during the past 12 months up by a record 7.3%. The…