US economy accelerated at a solid 6.5% rate last quarter
WASHINGTON — Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in another sign that the…
AP Wire
Revisions show slightly smaller GDP drop last year
WASHINGTON — The U.S. economy contracted by a slightly smaller amount last year than previously reported and grew slightly more in 2019 and slightly less…
US jobless claims down 24,000 to 400,000 as economy recovers
WASHINGTON — The number of Americans collecting unemployment benefits slid last week, another sign that the job market continues to recover rapidly from the coronavirus…
Robinhood makes its debut on Wall Street
NEW YORK — Robinhood will begin offering its stock on Wall Street today, the very place the online brokerage has rattled with its stated goal…
Volkswagen earnings beat pre-pandemic levels on luxury makes
FRANKFURT, Germany — Germany’s auto industry showed more strong results today as Volkswagen’s earnings and profit margins beat pre-pandemic levels and the company raised its…
Yum Brands beats Q2 sales forecasts on new stores, traffic
The company that owns KFC and Taco Bell posted better-than-expected sales in the second quarter thanks to stronger customer demand and a record new store…
German jobless rate down in July as recovery rolls on
BERLIN — Germany’s unemployment rate dipped to 5.6% in July, an unusual decline for the summer month as Europe’s biggest economy showed more signs of…
Ron Popeil, inventor and king of TV pitchmen, dies at 86
LOS ANGELES — Ron Popeil, the quintessential TV pitchman and inventor known to generations of viewers for hawking products including the Veg-O-Matic, the Pocket Fisherman,…
Fed notes improving economy, a step toward easing support
WASHINGTON — The Federal Reserve said today that the U.S. economy is strengthening and making progress on the Fed’s employment and inflation goals, a small…
Delivery apps expand reach to meet customer demands
Spurred by skyrocketing consumer demand during the pandemic, restaurant delivery companies like DoorDash and Uber Eats are rapidly expanding their services to grocers, convenience stores,…