Stocks rise following solid jobs report
It looks like good economic news is actually being treated as good news on Wall Street. Stocks opened sharply higher following a solid February jobs…
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Every investor wants an answer to this question
A wave of anxiety is sweeping through stock and bond markets as investors prepare to enter a new phase of the pandemic. What’s happening:…
Continue ReadingStores are closing. This discount chain plans to move in
A record number of stores are closing across America. One discount clothing chain thinks it can step in to fill some of those vacancies. Burlington…
Continue ReadingGrocery stores’ pandemic boom is over
Last year, people were stockpiling food and essentials at stores and ordering a lot more groceries online. That was great news for America’s…
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Amid delays, small businesses desperately await PPP loans
Last year, Barbara Thigpen had a difficult choice to make: close her salon of 10 years, or dip into her son’s college fund. The salon had been…
Continue ReadingHow TikTok made ‘WandaVision’ must-see TV
The finale of “WandaVision” premiered Friday, bringing to an end a successful season for Disney+’s first Marvel Studios series —…
Continue ReadingFord’s Mustang Mach-E is eating into Tesla’s US sales
Tesla is starting to lose market share among US buyers of electric vehicles, and Ford’s Mustang Mach-E appears to be the beneficiary. Analysis…
Continue ReadingStocks tumble as Powell signals inflation is ahead
US stocks tumbled Thursday after Federal Reserve Chairman Jerome Powell predicted an increase in consumer prices this summer — something investors…
Continue ReadingChina sets growth target of more than 6% in 2021
China bucked the global recession in 2020, and in doing so narrowed the economic gap with the United States. Now it says it needs to pick up the pace…
Continue ReadingChina sets GDP target of more than 6% in 2021
China bucked the global recession in 2020, and in doing so narrowed the economic gap with the United States. Now it says it needs to pick up the pace…
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‘It’s too soon for it’: Small business owners react to Texas dropping mask mandate
When Humbelina Gonzales heard Texas Gov. Greg Abbott was lifting the state’s mask mandate next week, her first reaction was, “It’s…
Continue ReadingChina dodged a recession last year. Now it needs to pick up the pace
China bucked the global recession in 2020, and in doing so narrowed the economic gap with the United States. Now its leaders are about to reveal how…
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Square to acquire majority stake in music service Tidal for $297 million
Jay-Z has 99 problems but figuring out a buyer for his struggling music streaming service is no longer one. Square, the payments company founded and…
Continue ReadingOil prices surge as OPEC and its allies extend production cuts
A group of major oil producers has agreed to extend production cuts for another month despite a recent price surge, choosing to limit supply until…
Continue ReadingHere we go again: Turmoil rocks the repo market
The repo market, a murky yet crucial corner of Wall Street, is acting weird again. And the turmoil suggests the Federal Reserve may need to come to…
Continue ReadingThe latest Fast and Furious film has been delayed again. But there’s some good news
“Fast & Furious” fans will have to wait a bit longer to see the next installment in the blockbuster series. Universal is once again…
Continue ReadingOne group that won’t entirely benefit from going ‘back to normal’: Grocery stores
Last year, people were stockpiling food and essentials at stores and ordering a lot more groceries online. That was great news for America’s…
Continue ReadingAmazon’s first physical store outside the US doesn’t have a checkout line
There’s something unusual about Amazon‘s first physical store outside the United States: No waiting to pay. The e-commerce giant opened a…
Continue ReadingDr. Seuss books are taking over Amazon’s bestseller list
Oh, the places Dr. Seuss books will go after they ignite controversy. This week, Dr. Seuss Enterprises announced that six books penned by the…
Continue ReadingBetter late than never: ViacomCBS and Discovery stocks soar thanks to new streaming services
Arriving late to the streaming wars is apparently better than never getting involved in them at all. That’s what investors seem to think, at…
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