Month: March 2021

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 report Friday, with 379,000 jobs added last month. The Dow rose more than 300 points, or 1%, while the S&P 500 and the Nasdaq each rose about 1% as well.

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: Concerns are growing that a strong economic recovery later this year will cause a spike in inflation. That’s sparked a selloff in government bonds. When prices fall, yields rise, which weighs

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 Stores plans to open 100 new stores this year and sees an opportunity to reach 2,000 US stores in the future, the company said Thursday. Previously, Burlington (formerly known as

Last year, people were stockpiling food and essentials at stores and ordering a lot more groceries online. That was great news for America’s biggest grocery chains. Now companies say the pandemic-time boom is over. Kroger, the largest supermarket chain in this country, said Thursday that it expects comparable sales, or sales at stores open for

YouTube has removed channels from broadcasters run by Myanmar’s military following a dramatic escalation of violence in the country. It’s the latest in a wave of actions taken by social media companies since the military coup in the country on February 1, which has sparked a series of mass protests and a brutal crackdown by

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 closed for much of the year by California’s state mandate due to the pandemic. Then the government said it was offering a third round of Paycheck Protection Program