Funky electronics chain Fry’s is no more
SAN FRANCISCO — Fry’s Electronics, the go-to chain for tech tinkerers looking for an obscure part, is closing for good. The company, perhaps even more…
AP Wire
Hong Kong to spend $15.4 billion to stabilize virus-ravaged economy
HONG KONG — Hong Kong will introduce 120 billion Hong Kong dollars ($15.4 billion) in fiscal measures to help businesses and residents impacted by the…
Fed’s Powell: U.S. economic recovery is uneven and incomplete
WASHINGTON — Federal Reserve Chair Jerome Powell underscored the U.S. economy’s ongoing weakness today in remarks that suggested that the Fed sees no need to…
Consumer confidence rises for 2nd straight month
SILVER SPRING, Md.) — U.S. consumer confidence rose again in February as an accelerating COVID-19 vaccine push provides hope for Americans who have lived through…
In year of pandemic, Home Depot became supplier to millions
The housing market was among the very few bright spots for the U.S. economy in the year of the lockdown and Home Depot became its…
U.S. home prices rise 10.1% in December, fastest since 2014
WASHINGTON — U.S. home prices surged at the fastest pace in nearly seven years in December, fueled by low mortgage rates and Americans moving from…
Millennial Money: 5 tips to negotiate pay in a tough economy
The pandemic-related recession has altered many job descriptions. For Haley Jones, a 24-year-old resident of Michigan, the coronavirus changed the needs of her company, and…
Moet Hennessy buys 50% stake in Jay-Z’s Champagne brand
Moet Hennessy is acquiring a 50% stake in rapper and entrepreneur Jay-Z’s Champagne brand in an effort to up its cool factor and expand distribution….
Huawei unveils flagship foldable smartphone
BEIJING — Struggling under U.S. sanctions, Huawei unveiled a folding smartphone with an 8-inch-wide screen today to show off its tech prowess but said it…
Stocks open lower on Wall Street; Boeing weighs on the Dow
Stocks fell in early trading today, adding to the declines that started last week as investors continue to be concerned about rising interest rates and…