Construction spending dips 0.8% in February amid bad weather
WASHINGTON — U.S. construction spending fell in February after several months of steady gains, likely because of unseasonably cold weather and winter storms in the…
AP Wire
US factory activity expands at fastest pace since 1983
WASHINGTON — U.S. manufacturers expanded in March at the fastest pace in 37 years, a sign of strengthening demand as the pandemic wanes and government…
Safety last: Risky investments soared at start of 2021
NEW YORK — Who needs safety when the world’s about to get back to normal? Risky stocks seen as nearly untouchable a year ago burst…
After hack, officials draw attention to supply chain threats
WASHINGTON — The U.S. government is working to draw attention to supply chain vulnerabilities, an issue that received particular attention late last year after suspected…
Wall Street opens higher, pushing S&P 500 over 4,000 level
Stocks are opening higher on Wall Street led by more gains in technology giants and smaller companies. The S&P 500 index was up 0.7% early…
U.S. jobless claims rise to 719,000 as virus still forces layoffs
WASHINGTON — The number of Americans applying for unemployment benefits rose by 61,000 last week to 719,000, signaling that many employers are still cutting jobs…
Taiwan chip maker TSMC to invest $100 billion to grow capacity
TAIPEI, Taiwan — Major Taiwan computer chip maker Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the next three years in expanding its…
Delta joins other US airlines in ending empty middle seats
Delta Air Lines, the last U.S. airline still blocking middle seats, will end that policy in May as air travel recovers and more people become…
Miami Marlins’ ballpark to be renamed loanDepot park
MIAMI — Marlins Park will be renamed loanDepot park in a multiyear naming rights agreement announced today by the Miami Marlins. The deal provides additional…
Global trade rebounding, lagging vaccinations pose threat
FRANKFURT, Germany — The World Trade Organization is raising its estimate for the rebound in global trade in goods but warning that the COVID-19 pandemic…