Consumer prices jump 0.8% in April as worries escalate
WASHINGTON — U.S. consumer prices surged 0.8% in April, pushing the rise in inflation over the past year to the fastest rate in more than…
AP Wire
UK economy showed resilience ahead of big lockdown easing
LONDON — The British economy contracted by a quarterly rate of 1.5% in the first three months of 2021, a relatively modest contraction given that…
Japan’s Toyota says profit soared in Jan-March amid pandemic
TOKYO — Toyota reported today its profit more than doubled in January-March from a year earlier to 777 billion yen ($7 billion), as the Japanese…
UN raises global economic forecast to 5.4% growth in 2021
UNITED NATIONS — The United Nations today responded to the rebounding Chinese and U.S. economies by revising its global economic forecast upward to 5.4% growth…
Wendy’s: Q1 earnings snapshot
DUBLIN, Ohio — Wendy’s Co. today reported first-quarter earnings of $41.4 million. On a per-share basis, the company said it had profit of 18 cents….
EU court: Amazon tax deal with Luxembourg was legal
BRUSSELS — In the latest setback to European Union efforts to tackle corporate tax avoidance, a court today annulled a ruling by the European Commission…
U.S. casinos match best quarter ever; post-COVID hopes rise
ATLANTIC CITY, N.J. — America’s commercial casinos matched their best quarter ever in the first three months of this year, as customers continued returning amid…
Top Fed official says Fed far from achieving its goals
WASHINGTON — A top Federal Reserve official says the outlook for the U.S. economy is bright but the recent jobs report is a reminder that…
World Food Prize goes to nutrition expert for fish research
DES MOINES, Iowa (AP) — A nutrition expert who pioneered innovative ways of raising fish rich in micronutrients and fatty acids and incorporating them into…
U.S. job openings soar to highest level on record
WASHINGTON — U.S. employers posted a record number of available jobs in March, illustrating starkly the desperation of businesses seeking to find new workers as…