US jobless claims tick down to 411,000 as economy heals
WASHINGTON — The number of Americans applying for unemployment benefits dropped last week, a sign that layoffs declined and the job market is improving. The…
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Bank of England warns of rising inflation, but rates hold
LONDON — The Bank of England kept its main interest rate at the record low of 0.1% today even though it warned that inflation pressures…
German business sentiment rises as pandemic ebbs
BERLIN — Germany’s businesses are more optimistic than they’ve been in almost three years, according to a closely watched survey by Munich’s Ifo institute released…
UPDATE: Nearly 100 people unaccounted for after Florida beachfront condo collapses
UPDATE SURFSIDE, Fla. — A wing of a 12-story beachfront condo building collapsed with a roar in a town outside Miami early today, killing at…
Peosta paves way for new projects with development agreements
PEOSTA, Iowa — Current and upcoming construction in Peosta gave the City Council and city staff a stack of development agreements to consider this week….
2 innovation labs set to open locally this fall
DYERSVILLE, Iowa — Two more innovation labs are set to open in the tri-state area by this fall. Eric Dregne, innovation lab director for Creative…
Supreme Court: Mortgage overseer structure unconstitutional
WASHINGTON — The Supreme Court today ruled that the structure of the agency that oversees mortgage giants Fannie Mae and Freddie Mac violates separation of…
Longtime Southwest CEO will step down next year
DALLAS — Southwest Airlines said Wednesday that longtime CEO Gary Kelly will step down in February and be succeeded by another veteran at the nation’s…
US new home sales drop 5.9% in May, second monthly decline
WASHINGTON — Sales of new homes fell for a second month in May, dropping by a larger-than-expected 5.9%. The May sales decline pushed sales to…
Inflation poses new challenge for pandemic-weary businesses
NEW YORK — Small businesses that endured shutdowns and lower revenue during the COVID-19 outbreak now must contend with another crisis: Spiking prices for goods…