AP Wire
February retail sales fall 3% after soaring the month before
NEW YORK (AP) — Americans spent less last month, partly due to bad weather in parts of the country that kept shoppers away from stores….
Icy weather sends industrial production down 2.2% last month
WASHINGTON — Severe winter weather pushed industrial production down a sharp 2.2% in February, reflecting a big decline in factory output. The Federal Reserve reported…
February retail sales fall 3% after soaring the month before
NEW YORK — Americans spent less last month, partly due to bad weather in parts of the country that kept shoppers away from stores. Retail…
Why good news for the economy can be a drag on your 401(k)
NEW YORK — A huge shift is underway within the stock market, one that might roil your 401(k) in the short term, but one that…
Nokia to cut up to 10,000 jobs to ramp up R&D in 5G race
HELSINKI — Wireless network maker Nokia says it is planning to cut up to 10,000 jobs, or more than 10% of its staff, to reduce…
US air travel rises to highest levels yet since pandemic hit
Across the United States, air travel is recovering more quickly from the depths of the pandemic, and it is showing up in longer airport security…
US air travel rises to highest levels yet since pandemic hit
The number of people flying in the United States has eclipsed the year-ago level for the first time in the pandemic period, although travel remains…
New challenge for the Powell Fed: A strengthening economy
WASHINGTON — For the past year, Federal Reserve Chair Jerome Powell has expressed a wish for more rescue spending from Congress, better control of the…
What to do if you are a victim of unemployment fraud
Unemployment fraud in the U.S. has reached dramatic levels during the pandemic — the Labor Department inspector general’s office estimates that more than $63 billion…