Lego tells U.S. company to stop making guns look like its toys
COPENHAGEN, Denmark — Danish toymaker Lego said today it had asked a Utah-based gun company to stop producing a product that makes a pistol look…
AP Wire
Powell says inflation, though elevated, will likely moderate
WASHINGTON — Federal Reserve Chair Jerome Powell suggested today that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in coming…
Wells Fargo beats expectations with $6 billion profit in 2Q
SILVER SPRING, Md. — Wells Fargo had its most profitable quarter in two years, easily beating Wall Street estimates as the global economy continues its…
One trick to traveling cheaply: Flexibility
So you want to travel on a budget. Who doesn’t? Yet it’s easy to get overwhelmed by all the cheap travel tips, hacks and strategies…
Inflation at wholesale level increases 1.0% in June
WASHINGTON — Inflation at the wholesale level jumped 1% in June, pushing price gains during the past 12 months up by a record 7.3%. The…
Wells Fargo: 2nd quarter earnings snapshot
SAN FRANCISCO — Wells Fargo & Co. today reported second-quarter net income of $6.04 billion, after reporting a loss in the same period a year…
Bank of America’s 2nd quarter profit jumps, helped by fewer bad loans
NEW YORK — Bank of America’s second quarter profit more than doubled from a year earlier, as the consumer banking giant was able to move…
With taxpayers’ help, Delta posts $652 million profit in 2Q
Delta Air Lines is reporting a $652 million profit in the second quarter, helped by hordes of vacation travelers in the U.S. and money from…
US deficit for current budget year climbs to $2.24 trillion
WASHINGTON — The U.S. government’s deficit for the first nine months of this budget year hit $2.24 trillion, keeping the country on track for its…
ConAgra raising prices to help offset rising costs
ConAgra is cutting its fiscal 2022 outlook due to rising costs, which the food company will try to offset by boosting prices. ConAgra, whose brands…