Xi-Biden talks raise hope for better ties but strains remain
BEIJING — China on Tuesday welcomed a virtual meeting between President Xi Jinping and U.S. President Joe Biden as raising hopes for better relations, while…
AP Wire
Wall Street opening slightly higher; Home Depot up 4%
BEIJING — Stocks are opening slightly higher on Wall Street today led by gains in the consumer discretionary sector. Home Depot is leading the S&P…
Xi-Biden talks raise hope for better ties but strains remain
BEIJING (AP) — China on Tuesday welcomed a virtual meeting between President Xi Jinping and U.S. President Joe Biden as raising hopes for better relations,…
U.S. industrial production rebounded 1.6% in October
WASHINGTON — U.S. industrial production rebounded in October as automakers, stung by supply chain problems, posted a strong increase and the adverse effects from Hurricane…
Americans ramped up retail spending a strong 1.7% last month
WASHINGTON — Americans sharply boosted their spending last month, pushing up retail sales and giving the economy a lift. Much of the gain reflected the…
Strong sales, profit from Walmart on cusp of holiday season
NEW YORK — Walmart topped almost all expectations in the third quarter, an encouraging sign for the upcoming holiday shopping season already beset by snarled…
UK labor market ‘resilient’ despite end of salary program
LONDON — The Bank of England is one step closer to raising interest rates next month, analysts said today after official figures showed that the…
Walmart: Fiscal Q3 earnings snapshot
BENTONVILLE, Ark. — Walmart Inc. today reported fiscal third-quarter net income of $3.11 billion. On a per-share basis, the company said it had profit of…
Pfizer agrees to let other companies make its COVID-19 pill
LONDON (AP) — Drugmaker Pfizer Inc. has signed a deal with a U.N.-backed group to allow other manufacturers to make its experimental COVID-19 pill, a…
Key reason for supply shortages: Americans keep spending
DETROIT — Take a step back from the picked-over store shelves, the stalled container ships and the empty auto showrooms, and you’ll find a root…