Biden to order a review of U.S. supply chains for vital goods
WASHINGTON (AP) — President Joe Biden is preparing to sign an executive order to review U.S. supply chains for large-capacity batteries, pharmaceuticals, critical minerals and…
AP Wire
Lowe’s 4Q results surge as people plow money into homes
NEW YORK — Lowe’s Cos. extended its strong sales streak through the holiday season as customers kept investing in their homes during the pandemic. The…
Biden to order a review of U.S. supply chains for vital goods
WASHINGTON — President Joe Biden is preparing to sign an executive order to review U.S. supply chains for large-capacity batteries, pharmaceuticals, critical minerals and semiconductors…
ExxonMobil selling some assets for more than $1 billion
ExxonMobil is selling most of its upstream assets in the United Kingdom central and northern North Sea to HitecVision for more than $1 billion. The…
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…
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…