German unemployment steady in April despite lockdown
BERLIN — Unemployment in Germany remained steady in April, according to official figures today, as pandemic lockdown measures in Europe’s largest economy appeared not to…
AP Wire
US economy accelerated at a robust 6.4% rate last quarter
WASHINGTON — Powered by consumers, the U.S. economy grew at a brisk 6.4% annual rate last quarter — a show of strength fueled by government…
Domino’s Pizza: Q1 earnings snapshot
ANN ARBOR, Mich. — Domino’s Pizza Inc. today reported first-quarter profit of $117.8 million. The company said it had net income of $3 per share….
MasterCard: Q1 earnings snapshot
PURCHASE, N.Y. — MasterCard Inc. (MA) on today reported first-quarter profit of $1.83 billion. The company said it had net income of $1.83 per share….
Fed keeps key rate near zero, sees inflation as ‘transitory’
WASHINGTON — The Federal Reserve is keeping its ultra-low interest rate policies in place, a sign that it wants to see more evidence of a…
Explainer: Capital gains tax hike targets wealthy investors
NEW YORK — After massive U.S. government spending helped send the stock market back to record heights, with even more potentially on the way, the…
Restructuring Deutsche Bank shows best quarter in 7 years
FRANKFURT, Germany — Deutsche Bank saw its strongest quarterly profits in seven years as the bank’s long-running restructuring achieved lower costs and as the bank…
Pizza Hut, KFC, Taco Bell sales bounce as restrictions ease
LOUISVILLE, Ky. — Profit for the company that runs Pizza Hut, Taco Bell and KFC restaurants more than tripled during the first quarter and same-store…
Boeing posts $537 million loss in Q1, less than a year ago
Boeing Co. reported a wider than expected first-quarter loss today, although revenue met Wall Street forecasts as the company generated cash by delivering more new…
U.S. consumer confidence returns to pre-pandemic levels
WASHINGTON — Consumer confidence rose sharply for a second straight month, hitting the highest level since the pandemic began, as the rapid rollout of vaccines…