Top central bankers: Economy needs help despite vaccine news
FRANKFURT, Germany — Three of the globe’s top central bankers said the economy continues to need help despite progress toward a COVID-19 vaccine, with U.S….
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US long-term mortgage rates rise; 30-year at 2.84%
WASHINGTON — U.S. long-term mortgage rates rose this week. They remain at historically low levels, now around a percentage point below a year ago. Mortgage…
History points to post-election gains for Wall Street
Wall Street is moving past the uncertainty of election season and, if history is a guide, investors can indeed breathe a sigh of relief. Stocks…
To help economy, bank proposes tax on working from home
LONDON — White collar staff reaping the financial benefits of working from home should be taxed to help other workers who aren’t getting the same…
Germany sees slightly better tax income, more business aid
BERLIN — The German government’s tax income this year is expected to be a bit higher than previously forecast after the economy, Europe’s biggest, performed…
709,000 seek US jobless aid as pandemic escalates
WASHINGTON — The number of people seeking U.S. unemployment benefits fell last week to 709,000, a still-high level but the lowest figure since March and…
New device puts music in your head — no headphones required
LONDON — Imagine a world where you move around in your personal sound bubble. You listen to your favorite tunes, play loud computer games, watch…
US consumer prices unchanged in October, lowest in 5 months
WASHINGTON — U.S. consumer prices were unchanged in October, the lowest reading in five months and an indication that a price spike over the summer…
India announces $35 billion economic stimulus package
NEW DELHI — India’s finance minister today announced a $35.14 billion package to stimulate the economy by boosting jobs, consumer demand, manufacturing, agriculture and exports…
Online shopping surge could lead to holiday delivery delays
NEW YORK — Retailers and carriers are preparing for an online holiday shopping surge that could tax shipping networks and lead to delivery delays. FedEx…