U.S. jobless claims fall again as some states end federal aid
WASHINGTON — Fewer Americans sought unemployment benefits last week — the latest encouraging sign for the rebounding U.S. economy — just as Republican-led states are…
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Warm welcome for oat milk maker Oatly in Wall Street debut
Oatly, the world’s largest oat milk company, raised $1.4 billion in an initial public offering Thursday on the Nasdaq stock exchange, capitalizing on a global…
High inflation? A generation of investors has never felt it
NEW YORK — The central question gripping Wall Street is whether the burst of inflation hitting the economy as it recovers from the pandemic is…
Daimler Truck to shift spending to battery, hydrogen rigs
FRANKFURT, Germany — Daimler’s truck and bus division says it plans to shift most of its vehicle development resources to zero-emission vehicles by 2025 and…
US average mortgage rates rise; 30-year loan at 3%
WASHINGTON — Mortgage rates rose this week, pushing the benchmark 30-year home loan to the 3% mark for the first time since mid-April. Signs continued…
New Ford venture to build 2 electric vehicle battery plants
DETROIT — Ford is forming a joint venture with one of its battery suppliers that will build two North American factories to make batteries for…
US jobless claims decline to 444,000, a new pandemic low
WASHINGTON — The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market…
Oat milk maker Oatly to raise $1.4 billion in public debut
Oatly, the world’s largest oat milk company, will raise $1.4 billion in an initial public offering Thursday on the Nasdaq stock exchange, capitalizing on a…
Kohl’s: Fiscal Q1 earnings snapshot
MENOMONEE FALLS, Wis. — Kohl’s Corp. today reported fiscal first-quarter net income of $14 million, after reporting a loss in the same period a year…
Petco: Q1 earnings snapshot
SAN DIEGO — Petco Health & Wellness Co. today reported earnings of $7.6 million in its first quarter. On a per-share basis, the San Diego-based…