WTO chief: Vaccine waiver helpful, not key for virus fight
GENEVA — The head of the World Trade Organization said today the U.S. administration’s call to remove patent protections on COVID-19 vaccines could help expand…
AP Wire
US employers added just 266K jobs in April as hiring slows
WASHINGTON — America’s employers added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find…
China trade surges as global demand recovers from pandemic
BEIJING — China’s trade with the United States and the rest of the world surged by double digits in April as consumer demand recovered, but…
DraftKings: Q1 earnings snapshot
BOSTON — DraftKings Inc. today reported a first-quarter loss of $346.3 million, after reporting a profit in the same period a year earlier. The Boston-based…
German factory production, exports up in March in good sign
BERLIN — Factory production and exports increased strongly in Germany in March, according to official statistics released today, developments that bode well for the second…
EXPLAINER: Why patents on COVID vaccines are so contentious
The Biden administration’s call to lift patent protections on COVID-19 vaccines to help poor parts of the world get more doses has drawn praise from…
US average mortgage rates down slightly; 30-year at 2.96%
WASHINGTON — Mortgage rates fell slightly this week, marking their third straight week below 3% amid signs of the recovering economy’s strength. Mortgage buyer Freddie…
New York attorney general: Broadband industry behind fake FCC comments
The Office of the New York Attorney General said in a new report that a campaign funded by the broadband industry submitted millions of fake…
Productivity rebounds at solid 5.4% rate in first quarter
WASHINGTON — U.S. productivity posted a sharp rebound between January and March after falling in the previous quarter. Labor costs declined slightly. Productivity increased at…
US unemployment claims fall to a pandemic low of 498,000
WASHINGTON — The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago…