Fewer Americans apply for unemployment benefits last week
WASHINGTON (AP) — Fewer Americans applied for jobless aid last week with the number of Americans collecting unemployment at historically low levels. Applications for unemployment…
AP Wire
OPEC+ alliance boosts oil production as energy prices soar
LONDON (AP) — The OPEC oil cartel and allied producing countries including Russia will raise production by 648,000 barrels per day in July and August,…
Lands’ End: Fiscal Q1 earnings snapshot
DODGEVILLE, Wis. — Lands’ End Inc. today reported a fiscal first-quarter loss of $2.4 million, after reporting a profit in the same period a year…
Hormel: Fiscal Q2 earnings snapshot
AUSTIN, Minn. — Hormel Foods Corp. today reported fiscal second-quarter profit of $261.6 million. The company said it had net income of 48 cents per…
China demands US stop trade talks with Taiwan
BEIJING — China’s government today accused Washington of jeopardizing peace after U.S. envoys began trade talks with Taiwan aimed at deepening relations with the self-ruled…
US job openings decline from record level but remain high
WASHINGTON (AP) — The white-hot demand for U.S. workers cooled a bit in April, though the number of unfilled jobs remains high and companies are…
EXPLAINER: Effects of EU Russia oil ban, Moscow’s response
THE HAGUE, Netherlands — The European Union has agreed to slash Russian oil imports in a tough escalation of the bloc’s campaign of sanctions to…
Biden to meet with baby formula makers on easing shortage
WASHINGTON — President Joe Biden is set to meet with infant formula manufacturers as his administration works to ease nationwide shortages by importing foreign supplies…
US consumer confidence slips in May amid stubborn inflation
SILVER SPRING, Md. — U.S. consumer confidence edged lower in May as Americans’ view of their present and future prospects dimmed in the midst of…
Hit by pandemic curbs, India’s quarterly growth slows to 4%
NEW DELHI — India’s economic growth, hit by pandemic curbs and price increases, slowed to 4.1% in the January-March quarter, according to figures released today…