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US Weekly Jobless Claims Fall More Than Expected

US Weekly Jobless Claims Fall More Than Expected

WASHINGTON鈥擣ewer Americans filed new claims for unemployment benefits last week amid falling COVID-19 infections, but the near-term outlook for the labor market is unclear after w……

02-26 View now
Exchange Repeatedly Halts Gamestop Trading as Price Surges Past $100

Exchange Repeatedly Halts Gamestop Trading as Price Surges Past $100

The New York Stock Exchange repeatedly halted trading in the stock of the video game retailer GameStop on Feb. 25 as its price surged above $100 per share in overnight trading. Th……

02-26 View now
Australia Passes ‘World First’ Google, Facebook Media Payment Law

Australia Passes ‘World First’ Google, Facebook Media Payment Law

The contentious “world-first” media payment law that spurred Facebook to censor news content in Australia will soon be in force after the Australian federal Parliament ratified it……

02-25 View now
‘My Income Has Dropped to Zero’: About 45% of Small Businesses Risk Closure Within Months

‘My Income Has Dropped to Zero’: About 45% of Small Businesses Risk Closure Within Months

At least 13.9 million of the nation’s small businesses are at serious risk of shuttering their doors by April 1, a recent industry report found.Forty-four percent of the countr……

02-25 View now
Facebook to Invest $1 Billion in News Industry After Australia Row

Facebook to Invest $1 Billion in News Industry After Australia Row

Facebook on Wednesday pledged to invest at least $1 billion in the news industry over the next three years, days after a high-profile stand-off with the Australian government over……

02-25 View now
Biden’s Corporate Tax Hike Would Cut Jobs, Reduce Wages, Depress Growth: Think Tank

Biden’s Corporate Tax Hike Would Cut Jobs, Reduce Wages, Depress Growth: Think Tank

President Joe Biden’s plans to raise the corporate tax rate would have a chilling effect on economic growth, depress wages, and lead to job losses, according to the Tax Foundation……

02-25 View now
China’s Weaponizing of Rare-Earth Exports a Menace for Canada

China’s Weaponizing of Rare-Earth Exports a Menace for Canada

News AnalysisWhat emerged as a potential weapon the Chinese regime could employ during the heights of the trade tensions with the Trump administration appears to have more teeth ……

02-25 View now
US Home Prices Rose 10.1 Percent in December, Fastest Since 2014

US Home Prices Rose 10.1 Percent in December, Fastest Since 2014

WASHINGTON—U.S. home prices surged at the fastest pace in nearly seven years in December, fueled by low mortgage rates and Americans moving to houses in the suburbs from crowded u……

02-25 View now
Romney, Cotton Propose $10 Minimum Wage in Counter to Democrat Push for $15 an Hour

Romney, Cotton Propose $10 Minimum Wage in Counter to Democrat Push for $15 an Hour

In a counterpoint to the Democrat push for an hourly minimum wage hike to $15, Sens. Mitt Romney (R-Utah) and Tom Cotton (R-Ark.) on Tuesday announced their own bill that would ra……

02-24 View now
60 Years After Eisenhower’s Warning, Distinct Signs of a ‘Digital-Intelligence Complex’

60 Years After Eisenhower’s Warning, Distinct Signs of a ‘Digital-Intelligence Complex’

In June 2019, Susan Gordon stood on a stage at the Washington Convention Center. Behind her loomed three giant letters, “AWS,” the abbreviation for Amazon Web Services, the cloud ……

02-24 View now
J&J Projects Having COVID-19 Vaccine Doses for 20 Million Americans by End of March

J&J Projects Having COVID-19 Vaccine Doses for 20 Million Americans by End of March

A COVID-19 vaccine being considered by drug regulators could help quickly boost the number of Americans getting shots against the CCP (Chinese Communist Party) virus.Johnson &……

02-24 View now
Chief of Cherokee Nation Calls for Jeep to Stop Using Name

Chief of Cherokee Nation Calls for Jeep to Stop Using Name

The head of the Cherokee Nation wants Jeep Cherokee’s to be a thing of the past.Chuck Hoskin Jr. says the tribe would like the line’s name changed.“I’m sure this comes from a pl……

02-24 View now
Bitcoin Plummets as Doubts Grow Over Sky-High Valuation

Bitcoin Plummets as Doubts Grow Over Sky-High Valuation

LONDON/SINGAPORE—Bitcoin plummeted as much as 17 percent on Tuesday as investors grew nervous at sky-high valuations, triggering the liquidation of leveraged bets and sparking a s……

02-24 View now
Damage to United Boeing 777 Engine Consistent With Metal Fatigue: NTSB

Damage to United Boeing 777 Engine Consistent With Metal Fatigue: NTSB

Damage to a fan blade on an engine that failed on a United Airlines Boeing 777 flight is consistent with metal fatigue, based on a preliminary assessment, the chairman of the U.S.……

02-24 View now
Facebook Reverses News Ban on Australia

Facebook Reverses News Ban on Australia

Facebook has decided to reverse its sweeping ban on news content in Australia after the tech giant and the federal government agreed to amendments to the impending media payment l……

02-23 View now
Boeing: 777s With Engine That Blew Apart Should Be Grounded

Boeing: 777s With Engine That Blew Apart Should Be Grounded

Boeing has recommended that airlines ground all 777s with the type of engine that blew apart after takeoff from Denver this weekend, and most carriers that fly those planes said t……

02-23 View now
Federal Reserve Sees Modest Pickup in Hiring This Month

Federal Reserve Sees Modest Pickup in Hiring This Month

WASHINGTON—The Federal Reserve says there’s evidence that hiring has picked up in recent weeks, even as the job market remains badly damaged by the pandemic.In its semi-annual mo……

02-23 View now
OPEC, US Oil Firms Expect Subdued Shale Rebound Even as Crude Prices Rise

OPEC, US Oil Firms Expect Subdued Shale Rebound Even as Crude Prices Rise

LONDON/HOUSTON—OPEC and U.S. oil companies expect a limited rebound in shale oil supply this year as top U.S. producers freeze output despite rising prices, a decision that would ……

02-23 View now
Goodyear Acquires Cooper in All-American Tire Deal

Goodyear Acquires Cooper in All-American Tire Deal

Two of the biggest remaining American tire companies are joining forces.Goodyear Tire & Rubber Co. is acquiring Cooper in a deal with an equity value of $2.8 billion that wil……

02-23 View now
McDonald’s to Slash Executive Bonuses If They Don’t Place More Minorities in Senior Leadership Roles

McDonald’s to Slash Executive Bonuses If They Don’t Place More Minorities in Senior Leadership Roles

McDonald’s announced it will slash executives’ bonuses if they don’t place more minorities in the firm’s senior leadership roles.“We’re implementing policies that hold our leader……

02-23 View now
Lawmaker Says ‘We Don’t Want’ Small Businesses That Can’t Pay $15 Minimum Wage

Lawmaker Says ‘We Don’t Want’ Small Businesses That Can’t Pay $15 Minimum Wage

Rep. Ro Khanna (D-Calif.) said Sunday that, while he’s “all for” small businesses, those that can’t afford to pay their employees $15 an hour are essentially undesirable.Khanna m……

02-22 View now
Kroger: Some Pharmacy Customer Data Impacted in Vendor Hack

Kroger: Some Pharmacy Customer Data Impacted in Vendor Hack

BOSTON—Kroger says personal data, including Social Security numbers of some of its pharmacy and clinic customers, may have been stolen in the hack of a third-party vendor’s file-t……

02-22 View now
Australian Govt Cuts Millions in Facebook Advertising After News Ban

Australian Govt Cuts Millions in Facebook Advertising After News Ban

Australian government ministers are pulling the plug on advertising on Facebook, a move that could cost the tech giant millions, in response to its dramatic ban on news-related co……

02-22 View now
Bitcoin and Ethereum Prices ‘Seem High,’ Says Musk

Bitcoin and Ethereum Prices ‘Seem High,’ Says Musk

Billionaire CEO Elon Musk said on Saturday the price of bitcoin and ethereum seemed high, at a time when the cryptocurrencies have hit record highs, with bitcoin crossing the $1 t……

02-21 View now
South Dakota Hotel Owners Describe Impact of Keystone Cancellation

South Dakota Hotel Owners Describe Impact of Keystone Cancellation

This is part three of a series exploring the effects of President Joe Biden’s cancellation of the Keystone XL oil pipeline.MIDLAND, S.D.—“My husband just called me … he just got ……

02-20 View now
Uber Drivers Are Workers, UK Top Court Rules

Uber Drivers Are Workers, UK Top Court Rules

Britain’s Supreme Court on Friday unanimously ruled that Uber drivers are workers rather than self-employed, in a landmark ruling that may have implications for the rest of the gi……

02-20 View now
Citigroup Cannot Recoup Revlon Payouts After Nearly $900 Million Gaffe: US Judge

Citigroup Cannot Recoup Revlon Payouts After Nearly $900 Million Gaffe: US Judge

NEW YORK鈥擜 federal judge on Tuesday said Citigroup is not entitled to recoup half a billion dollars of its own money that it mistakenly wired lenders of Revlon, in what he called ……

02-20 View now
Chinese Drone Maker’s Stock Plunges as Short-Seller Takes Aim

Chinese Drone Maker’s Stock Plunges as Short-Seller Takes Aim

NEW YORK—Drone manufacturer EHang Holdings Ltd’s shares plunged on Tuesday after an investment research firm said it had shorted the stock and questioned the accuracy of what the ……

02-20 View now
US Jobless Claims Rise to 861,000 as Layoffs Remain High

US Jobless Claims Rise to 861,000 as Layoffs Remain High

WASHINGTON—The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of conf……

02-20 View now
Former Australian PM Lambasts Media Law for ‘Entrenching’ Murdoch Empire

Former Australian PM Lambasts Media Law for ‘Entrenching’ Murdoch Empire

Former Prime Minister Kevin Rudd claims impending media bargaining laws will entrench the power of Rupert Murdoch’s news empire.Rudd said Australian media was undergoing a “Fox N……

02-20 View now