IMF forecasts 6% global growth this year as economies reopen
WASHINGTON — The International Monetary Fund is sharply upgrading its economic outlook this year for the world’s wealthy countries, especially the United States, as COVID-19…
AP Wire
Shipping continues at blistering pace, UPS earns $2.7 billion in Q2
ATLANTA — UPS had another strong quarter with shipments to homes continuing at a brisk pace, though revenue at home, its biggest market, was a…
Sherwin-Williams: Q2 earnings snapshot
CLEVELAND — Sherwin-Williams Co. today reported second-quarter net income of $648.6 million. On a per-share basis, the company said it had profit of $2.42. Earnings,…
Tesla reaches milestone with first $1 billion quarterly profit
SAN RAMON, Calif. (AP) — Tesla’s quarterly profit has surpassed $1 billion for the first time thanks to the electric car pioneer’s ability to navigate…
Sales of new homes fall 6.6% in June
WASHINGTON — Sales of new homes fell for a third straight month in June, dropping by 6.6%. to the lowest level in more than a…
Fed to discuss a pullback in economic aid with inflation up
WASHINGTON — With inflation uncomfortably high and the COVID-19 Delta variant raising economic concerns, a divided Federal Reserve will meet this week to discuss when…
New York City to require vaccines or weekly testing for city workers
NEW YORK — New York City will require all of its municipal workers — including teachers and police officers — to get coronavirus vaccines by…
U.S. stocks wobble in early going, holding near record highs
Stocks wobbled between small gains and losses in morning trading on Wall Street today as investors pause after the market rallied to more record highs…
‘Holy moly!’: Inside Texas’ fight against a ransomware hack
DALLAS — It was the start of a steamy Friday two Augusts ago when Jason Whisler settled in for a working breakfast at the Coffee…
German business confidence sinks as virus clouds outlook
BERLIN — German business confidence has dipped unexpectedly this month as increasing coronavirus infections help cloud businesses’ outlook for the coming months, a closely watched…