Charitable giving in the U.S. reaches all-time high in 2020
Galvanized by the racial justice protests and the coronavirus pandemic, charitable giving in the United States reached a record $471 billion in 2020, according to…
AP Wire
US retail sales fell 1.3% in May, chip shortage dings autos
NEW YORK — Retail sales fell in May, dragged down by a decline in auto sales, likely due to fewer cars being made amid a…
U.S. wholesale prices rise by record amount during past year
WASHINGTON — Wholesale prices, boosted by rising food costs, increased 0.8% in May, and are up by a record amount during the past year, another…
EU, US reach deal to end Airbus-Boeing trade dispute
BRUSSELS — The United States and the European Union reached a deal today to end a damaging dispute over subsidies to rival plane makers Boeing…
Gains for some tech giants nudge S&P to another record high
Technology companies helped lift stocks higher on Wall Street, nudging the S&P 500 to its third straight all-time high, even as other parts of the…
Delicate task for Fed: When to pull back on low-rate support
WASHINGTON — With inflation rising in a fast-rebounding economy, the Federal Reserve is poised this week to discuss when it will take its first steps…
Girl Scouts have millions of unsold cookies due to COVID-19
The Girl Scouts have an unusual problem this year: 15 million boxes of unsold cookies. The 109-year-old organization says the coronavirus — not thinner demand…
Stocks are off to a weak start, pulling S&P 500 below record
Stocks are off to a sluggish start on Wall Street today, easing the S&P 500 index just below its latest record high. The benchmark index…
Noom CEO talks life goals, weight loss and heavy metal
Noom CEO and co-founder Saeju Jeong moved to the U.S. in 2005 with $3,000, zero acquaintances and a lot of gusto to help people live…
Odds of settling US-EU trade rifts? Hope may outrun progress
WASHINGTON — President Joe Biden has vowed to mend America’s trade relations with its European allies, which were stretched to the breaking point by President…