EU says economic recovery threatened by COVID-19 resurgence
BRUSSELS — The massive spike in COVID-19 cases in recent weeks is threatening the European Union’s recovery from the deep economic slump caused by last…
AP Wire
Consumer spending rebounds in October, inflation elevated
WASHINGTON — U.S. consumer spending rebounded in October, rising by a a solid 1.3%, but inflation remains elevated, rising during the past year at the…
U.S. jobless claims hit 52-year low after seasonal adjustments
WASHINGTON — The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century, another sign…
US GDP slowed sharply in Q3 but big rebound expected in Q4
WASHINGTON — The U.S. economy slowed to a modest annual rate of 2.1% in the October-December quarter, slightly better than first reported. But economists are…
Deere: Fiscal Q4 earnings snapshot
MOLINE, Ill. — Deere & Co. today reported fiscal fourth-quarter profit of $1.28 billion. The company said it had profit of $4.12 per share. The…
Biden picks women of color to lead White House budget office
NANTUCKET, Mass. — Two women of color are President Joe Biden’s picks to lead the White House budget office, a milestone for the powerful agency…
So you want a new job? Here’s how to retrain
The tens of millions of workers who have left their jobs in the “Great Resignation” — 4.4 million in September alone, according to the Bureau…
German business confidence drops for 5th consecutive month
BERLIN — German business confidence has dropped for the fifth consecutive month amid persistent supply-chain bottlenecks and a resurgence of coronavirus infections in Europe’s biggest…
On the road again: Travelers emerge in time for Thanksgiving
DALLAS — Determined to reclaim Thanksgiving traditions that were put on pause last year by the pandemic, millions of Americans will be loading up their…
Stocks wobble, oil prices rise despite release of crude
Stocks wobbled in morning trading on Wall Street today as gains from a mix of banks and energy companies countered losses from communications and technology…