Robinhood sees valuation of up to $35 billion as public company
NEW YORK — Robinhood, the online brokerage that found itself embroiled in this year’s meme stock phenomenon, will seek to go public with a market…
AP Wire
Top Olympic sponsor Toyota pulls Games-related TV ads
TOKYO — Toyota won’t be airing any Olympic-themed advertisements on Japanese television during the Tokyo Games despite being one of the IOC’s top corporate sponsors….
Microsoft Exchange email hack was caused by China, U.S. says
WASHINGTON — The Biden administration today blamed China for a hack of Microsoft Exchange email server software that compromised tens of thousands of computers around…
Pella Windows adding 120 jobs at southwest Iowa plant
SHENANDOAH, Iowa — The Pella Windows & Doors company plans to shift more window production to its southwest Iowa factory and hire 120 additional workers…
As stock prices peak, markets begin to fear looming threats
NEW YORK — With the U.S. economy humming, corporate profits flowing and stock prices peaking, investors on Wall Street are beginning to pose an anxious…
As stock prices peak, markets begin to fear looming threats
NEW YORK — With the U.S. economy humming, corporate profits flowing and stock prices peaking, investors on Wall Street are beginning to pose an anxious…
US retail sales rose 0.6% in June
Americans spent more last month on clothing, electronics and dining out as the economy opened up and there were fewer pandemic-related restrictions. U.S. retail sales…
China announces on-site Didi cybersecurity investigation
BEIJING (AP) — China’s cyber-watchdog today announced an on-site cybersecurity investigation of ride-hailing service Didi, stepping up scrutiny after earlier criticism of its handling of…
As prices rise at rapid pace, Fed chief seeks patience
WASHINGTON — For anyone watching with concern as prices surge for everything from food and gas to airplane tickets and clothes, the message from Federal…
US 30-year mortgage rate falls for 3rd week to average 2.88%
WASHINGTON — Mortgage rates were mixed this week. The benchmark 30-year loan fell for the third straight week amid lingering concerns over the recent surge…