Europe’s economic recovery faces hit from high energy costs
FRANKFURT, Germany — The European Commission raised its growth forecast for the year for the 19 countries using the euro, saying today that the economy…
AP Wire
US budget deficit eases to $165 billion in October, down 42%
The U.S. monthly budget deficit fell in October as the government collected more taxes from individuals and corporations thanks to a much improved economy emerging…
US average long-term mortgage rates fall; 30-year at 2.98%
WASHINGTON — Average long-term mortgage rates in the U.S. fell this week, as the key 30-year rate again retreated below the 3% mark. Mortgage buyer…
Electric truck maker Rivian, backed by Amazon, goes public
SILVER SPRING, Md. — Shares in Rivian Automotive are set to trade publicly today, and the world should get a better idea of just how…
U.S. consumer prices soared 6.2% in past year, most since 1990
WASHINGTON — Prices for U.S. consumers jumped 6.2% in October compared with a year earlier as surging costs for food, gas and housing left Americans…
US consumer prices soared 6.2% in past year, most since 1990
WASHINGTON — Prices for U.S. consumers jumped 6.2% in October compared with a year earlier as surging costs for food, gas and housing left Americans…
US jobless claims drop to pandemic low of 267,000
WASHINGTON — The number of Americans applying for unemployment benefits fell to a pandemic low 267,000 last week, another sign that the job market is…
Google loses appeal of huge EU fine over shopping searches
LONDON — A top European Union court today rejected Google’s appeal of a 2.4 billion euro ($2.8 billion) fine from regulators who found the tech…
Wendy’s: Q3 earnings snapshot
DUBLIN, Ohio — Wendy’s Co. today reported third-quarter net income of $41.2 million. On a per-share basis, the company said it had profit of 18…
Germany’s economic advisers cut 2021 growth forecast
BERLIN — The German government’s panel of independent economic advisers today cut its 2021 growth prediction for Europe’s biggest economy to 2.7%, the latest in…