Homebuyers’ down payments rise as US home prices climb
LOS ANGELES — Even with mortgage rates hovering near all-time lows, rising home prices are putting more pressure on buyers to come up with a…
AP Wire
US productivity increases 4.9% in 3rd quarter
WASHINGTON — U.S. productivity increased between July and September but at a slower pace than in the previous quarter. Productivity advanced 4.9% in the third…
751,000 seek US jobless benefits as virus hobbles economy
WASHINGTON — The number of Americans seeking unemployment benefits fell slightly last week to 751,000, a still-historically high level that shows that many employers keep…
GM puts pandemic in rearview mirror, sales boom in US, China
DETROIT — General Motors is posting huge third quarter numbers, pulling in $4 billion in profit over three months after losing money due to the…
UK extends wage support scheme until March amid new lockdown
LONDON — The British government and the Bank of England joined forces today to provide further support to an economy that is set for a…
Alibaba revenue up 30% as virus drives demand for e-commerce
HONG KONG — China’s biggest e-commerce firm Alibaba Group Holding today reported a 30% jump in quarterly revenue, as China recovers from the virus and…
Nintendo’s profit soars as pandemic has people playing games
TOKYO — Nintendo, the Japanese company behind Super Mario and Pokemon video games, reported today that its fiscal first half profit more than tripled as…
Pandemic puts Indonesia into recession; 1st time in 20 years
JAKARTA, Indonesia — Indonesia’s economy has fallen into recession for the first time since the Asian financial crisis more than two decades ago as the…
Biden needs 1 more battleground state to win the White House
WASHINGTON — Democrat Joe Biden was pushing closer to the 270 Electoral College votes needed to carry the White House, securing victories in the “blue…
This company reinvented the computer mouse, with good reason
Navigating on a computer with a traditional mouse never came easy for 8-year-old Isabelle Dapkus, who has developmental disabilities. Isabelle struggles with fine motor skills,…