US long-term mortgage rates hit new lows; 30-year at 2.65%
WASHINGTON — U.S. long-term mortgage rates declined this week to record lows for the first week of 2021. The year opens against the continuing backdrop…
AP Wire
Retail’s online future grows brighter after pandemic bump
Online shopping has been a lifeline for many as the virus pandemic shuttered stores and kept people at home. The COVID-19 pandemic has accelerated the…
US trade deficit jumps to $68.1 billion in November
WASHINGTON — The U.S. trade deficit jumped to $68.1 billion in November as a surge in imports overwhelmed a smaller increase in exports. The November…
US unemployment claims slip to still-high 787,000
WASHINGTON — The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral…
Walgreens tops fiscal 1st quarter forecasts as it fights pandemic hit
Walgreens Boots Alliance lost $308 million in its first fiscal quarter due to a big charge tied to its ownership stake in the drug wholesaler…
UPDATE: Facebook bans Trump through Biden inauguration, maybe longer
UPDATE Facebook and Instagram will bar President Donald Trump from posting on its system at least until the inauguration of President-elect Joe Biden, the platform…
Bed Bath & Beyond: Fiscal 3rd quarter earnings snapshot
UNION, N.J. — Bed Bath & Beyond Inc. today reported a loss of $75.4 million in its fiscal third quarter. The company said it had…
Biden win confirmed after pro-Trump mob storms U.S. Capitol
WASHINGTON — Congress confirmed Democrat Joe Biden as the presidential election winner early today after a violent mob loyal to President Donald Trump stormed the…
In flip-flop, NYSE will delist 3 Chinese companies after all
NEW YORK — The New York Stock Exchange is going ahead with plans to delist shares of three Chinese state-owned phone carriers under an executive…
EU agency approves Moderna’s COVID-19 vaccine
AMSTERDAM — The European Union’s medicines agency gave the green light today to Moderna Inc.’s COVID-19 vaccine, a decision that gives the 27-nation bloc a…