McDonald’s comes roaring back as restrictions ease
The bounce back for McDonald’s as restrictions were lifted across the U.S. was so strong in the first quarter that the company surpassed sales during…
AP Wire
More Americans sign contracts to buy homes in March
SILVER SPRING, Md. — More Americans signed contracts to buy homes in March after two months of declines, pointing to a healthy housing market as…
Companies sound alarm over commodity price hikes
Toilet paper, baby care products, soft drinks and many other everyday products are about to get more expensive. Procter & Gamble, Kimberly-Clark and Coca-Cola have…
U.S. jobless claims drop 13,000 to 553,000
WASHINGTON — The number of Americans applying for unemployment benefits dropped by 13,000 last week to 553,000, the lowest level since the pandemic hit last…
Caterpillar 1Q sales rise as dealers boost inventory levels
Caterpillar’s sales rose in the first quarter as market conditions for the machinery company begin to improve and dealers increase their inventory levels. Revenue climbed…
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…
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…