TikTok CEO resigns amid US pressure to sell video app
HONG KONG — TikTok CEO Kevin Mayer resigned today amid U.S. pressure for its Chinese owner to sell the popular video app, which the White…
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US rolls out free app for alerts on vehicle recalls
DETROIT — The U.S. government’s road safety agency is offering a smartphone app that will alert drivers if their vehicles are recalled. The National Highway…
More Americans sign contracts to buy homes in July
SILVER SPRING, Md. — More Americans signed contracts to buy homes in July, suggesting the current hot housing market could continue in the fall. The…
Fed: Rates to stay ultra-low even after inflation picks up
WASHINGTON — The Federal Reserve announced a significant change today in how it manages interest rates by saying it plans to keep rates near zero…
U.S. economy plunged an annualized 31.7% in second-quarter
BALTIMORE (AP) — The U.S. economy shrank at an alarming annual rate of 31.7% during the April-June quarter as it struggled under the weight of…
More than 1 million Americans applied for jobless benefits
WASHINGTON — Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as…
Dollar General: Fiscal 2nd quarter earnings snapshot
GOODLETTSVILLE, Tenn. — Dollar General Corp. today reported fiscal second-quarter profit of $787.6 million. The company said it had profit of $3.12 per share. The…
Dollar Tree: Fiscal 2nd quarter earnings snapshot
CHESAPEAKE, Va. — Dollar Tree Inc. today reported fiscal second-quarter profit of $261.5 million. On a per-share basis, the company said it had net income…
Facebook: Apple privacy changes will muck up online ads
OAKLAND, Calif. — Facebook is pushing back on new Apple privacy rules for its mobile devices — and putting app developers in the middle. Apple…
Powell edges toward loosening the Fed’s stance on inflation
WASHINGTON — For decades, the Federal Reserve made clear its readiness to raise interest rates at the earliest signs of creeping inflation. That was then….