US consumer confidence falls for second month in August
WASHINGTON — U.S. consumer confidence fell for second straight month in August as a resurgence of virus cases in many parts of the country heightened…
AP Wire
July sales of new homes surge 13.9%, far more than thought
SILVER SPRING, Md. — Sales of new homes jumped again in July, rising 13.9% as the housing market continues to gain traction following a spring…
Millennial Money: 6 Great Recession lessons that still apply
The Great Recession demolished jobs across the U.S., and it eventually came for mine, too. After graduating in 2009, I worked four months as an…
S&P CoreLogic Case-Shiller: US home prices rise 3.5% in June
WASHINGTON — U.S. home prices rose at a slightly slower pace in June, but the U.S. housing market continued to show resilience in the face…
AP-NORC poll: Many in US shoring up finances amid downturn
WASHINGTON — It’s the paradox of a pandemic that has crushed the U.S. economy: 12.9 million people have lost a job and a dangerous rash…
Hormel: Fiscal 3rd quarter earnings snapshot
AUSTIN, Minn. — Hormel Foods Corp. today reported fiscal third-quarter earnings of $203.1 million. On a per-share basis, the company said it had profit of…
Germany’s record contraction in 2nd quarter slightly less than feared
BERLIN — The German economy, Europe’s biggest, shrank by slightly less than originally estimated during the second quarter, the country’s official statistics agency said today…
Best Buy: Fiscal 2nd quarter earnings snapshot
RICHFIELD, Minn. — Best Buy Co. today reported fiscal second-quarter earnings of $432 million. On a per-share basis, the company said it had profit of…
Fierce storm surge feared as Laura bears down on Gulf Coast
NEW ORLEANS — Tropical Storm Laura entered the warm and deep waters of the Gulf of Mexico today, gathering strength on a path to hit…
UN: Global tourism lost $320 billion in 5 months from virus
UNITED NATIONS — The tourism global industry has been devastated by the coronavirus pandemic, with $320 billion lost in exports in the first five months…