US retail sales up 17.7% in a partial rebound from plunge
BALTIMORE — U.S. retail sales jumped 17.7% from April to May, with spending partially rebounding after the coronavirus had shut down businesses, flattened the economy…
BALTIMORE — U.S. retail sales jumped 17.7% from April to May, with spending partially rebounding after the coronavirus had shut down businesses, flattened the economy…
McDonald’s sales are gradually improving as more of its restaurants reopen worldwide. The Chicago-based fast food giant said today that its global same-store sales —…
LONDON — European Union regulators began two antitrust investigations today into Apple’s mobile app store and payment platform over concerns its practices distort competition, opening…
LONDON — Unemployment in the U.K. is widely expected to hit levels not seen since the mid-1980s during the coming months as a result of…
DETROIT — The head of the United Auto Workers will meet this month with the U.S. attorney in Detroit to discuss potential changes for the…
LONDON — Energy company BP is writing down its oil and gas assets by as much as $17.5 billion and will review its plans to…
BRUSSELS — The European Union’s top official said time has come to “inject fresh momentum” into post-Brexit negotiations to try and secure a trade deal…
WASHINGTON — The Federal Reserve is promising to use its “full range of tools” to pull the country out of a recession brought on by…
NICOSIA, Cyprus — There can be no real economic recovery in Europe unless governments “completely suppress” the coronavirus, a prominent U.S. economist said today. Jeffrey…