Tag Archives: business

WASHINGTON - American industry continued to regain ground lost in the coronavirus recession last month, but production remains well below where it was before the pandemic struck. The Federal Reserve r...

SILVER SPRING, Md. - U.S. productivity rose at a 7.3% rate in the second quarter as the number of hours worked fell by nearly half, the biggest drop-off since the government started tracking the data ...

WASHINGTON - Americans increased their spending at retail stores and restaurants in July for a third straight month, but some evidence suggests that sales are weakening with the expiration of governme...

OAKLAND, Calif. - Beginning Thursday, U.S. Facebook users who post about voting may start seeing an addendum to their messages -- labels directing readers to authoritative information about the upcomi...

WASHINGTON - The Justice Department said Thursday that it has seized millions of dollars from cryptocurrency accounts that militant groups, including al-Qaida and the Islamic State, relied on to finan...

OTTAWA - Canada's official fiscal watchdog says the federal wage subsidy program might cost $14 billion less than the government predicted. A new report today by Parliamentary Budget Office analy...

SILVER SPRING, Md. - The U.S. budget deficit climbed to $2.81 trillion in the first 10 months of the budget year, exceeding any on record, the Treasury Department said Wednesday. The nation's budgetar...

WASHINGTON - U.S. consumer prices jumped 0.6% in July as gasoline prices continued to rise. The Labor Department reported Wednesday that the increase last month in its consumer price index matched a 0...

LONDON - Britain has suffered the deepest recession among the world's top economies this year, shrinking by a fifth in the second quarter alone when much of the economy was mothballed as part of effor...

Sumner Redstone, who joined his family's drive-in movie chain in the 1950s and used it to build a vast media empire that included CBS and Viacom, has died. He was 97. Under his watch, Viacom became on...