Powell likens emergency Covid efforts to efforts at Dunkirk
WASHINGTON — Federal Reserve Chairman Jerome Powell compared the actions taken by the central bank early in the pandemic as the economy barreled toward a…
AP Wire
US jobless claims fall to 684,000, fewest since pandemic
WASHINGTON — The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and…
China attacks foreign clothing, shoe brands over Xinjiang
BEIJING — Chinese state TV called today for a boycott of H&M as Beijing lashed out at foreign clothing and footwear brands following Western sanctions…
Yellen sees room for U.S. to borrow, opens door to tax hike
WASHINGTON — Treasury Secretary Janet Yellen believes the U.S. government has more room to borrow, but said higher taxes would likely be required in the…
Orders for manufactured goods fell sharp 1.1% in February
WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods fell a sharp 1.1% in February with demand in a key sector that tracks business…
Winnebago: Fiscal Q2 earnings snapshot
FOREST CITY, Iowa — Winnebago Industries Inc. today reported fiscal second-quarter profit of $69.1 million. On a per-share basis, the company said it had net…
General Mills: Fiscal Q3 earnings snapshot
MINNEAPOLIS — General Mills Inc. today reported fiscal third-quarter net income of $595.7 million. On a per-share basis, the company said it had net income…
Stock trading app company Robinhood files plan to go public
CHARLOTTE, N.C. — Stock trading app company Robinhood said Tuesday that it has submitted a confidential plan to go public later this year. The company…
China-Europe sanctions fight shatters image of amicable ties
BEIJING (AP) — China looked to Europe as an amicable partner as the continent’s leaders resisted being drawn into President Donald Trump’s conflicts with Beijing…
UK jobs market shows further resilience during lockdown
LONDON — Britain’s jobs market showed further resilience in February even though the country has been in one of the world’s most stringent lockdowns, according…