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Banks, energy companies lead stocks higher on Wall Street

Banks and energy companies helped lead stocks higher in afternoon trading Wednesday, lifting the benchmark S&P 500 to a gain for the week. The S&P 500 index was up 0.5% as of...

Business and economic events scheduled for Thursday

Major business and economic events scheduled for Thursday. All times are Eastern. WASHINGTON — Labor Department releases weekly report on unemployment benefits, 8:3...

Census: Relief programs staved off hardship in COVID crash

WASHINGTON (AP) — Massive government relief passed in response to the COVID-19 pandemic moved millions of Americans out of poverty last year, even as the official poverty rate increased slightly, the ...

Amazon eyes 125K more hires, $18+ per hour average salary

Amazon wants to hire 125,000 delivery and warehouse workers and said Tuesday that it is paying new hires an average of $18 an hour in a tight job market as more people shop online. C...

US budget deficit rises to $2.71 trillion through August

WASHINGTON (AP) — The U.S. budget deficit rose to $2.71 trillion through August, on track to be the second largest shortfall in history due to trillions of dollars in COVID relief. I...

Asian shares rebound; Wall St headed for weekly decline

Shares were higher in Asia on Friday as investors stepped up buying despite another decline on Wall Street that kept the S&P 500 and the Nasdaq on track for their first weekly losses in three week...

Do we need humans for that job? Automation booms after COVID

Ask for a roast beef sandwich at an Arby’s drive-thru east of Los Angeles and you may be talking to Tori — an artificially intelligent voice assistant that will take your order and send it...

Asia stocks fall as delta variant worries take center stage

SINGAPORE (AP) — Asian stock markets fell Friday as worries surrounding the spread of the delta variant again took center stage. Tokyo’s benchmark Nikkei 225 lost 1% to 27,013.25 and Se...

World shares lower after Wall St rebound on US growth data

BANGKOK (AP) — World shares and U.S. futures were mostly lower Friday despite a flurry of reports showing economic recoveries from the pandemic gained pace in the last quarter. The zone of co...

Business events scheduled for the coming week

Business events and economic reports scheduled for the coming week. All times are Eastern. MONDAY, July 26 WASHINGTON — Commerce Department releas...

California makes change to pay unemployment benefits faster

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom's administration on Thursday announced a major change in how the state pays unemployment benefits, potentially unlocking payments for up to 100,0...

Business Highlights: Amazon's 'keys,' jobless claims

___ Amazon’s mission: Getting a ‘key’ to your apartment building NEW YORK (AP) — Amazon is pushing landlords around the country to give its drivers the ability to u...

How major US stock indexes fared Thursday

Major indexes edged higher on Wall Street after a day of muted trading, preserving their gains for the week. Even though most stocks in the S&P 500 fell, gains for several tech heavyweights, inclu...

US jobless claims rise to 419,000 from a pandemic low

WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week from the lowest point of the pandemic, even as the job market appears to be rebounding on the strength of a reope...

Business events scheduled for the coming week

Business events and economic reports scheduled for the coming week. All times are Eastern. MONDAY, July 26 WASHINGTON — Commerce Department releas...