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…
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How 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 Reading Ford’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 Reading Stocks 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 Reading China 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 Reading China 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…
Continue Reading China targets economic growth 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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China sets economic growth target of over 6% for 2021, announces plans for tech development, cleaner industry
BEIJING (AP) — China’s top economic official has announced a healthy growth target and plans to become a more self-reliant technology leader amid…
Continue Reading China 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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‘It’s too soon for it’: Small business owners react to Texas dropping mask mandate
CORPUS CHRISTI, Texas — When Humbelina Gonzales heard Texas Gov. Greg Abbott was lifting the state’s mask mandate next week, her first…
Continue Reading T-Mobile is a consumer favorite. Now it’s trying to break into the business world
T-Mobile has been popular with consumers, but an underdog when it comes to serving businesses. The “Uncarrier” wants to change that with…
Continue Reading 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 Reading Oil 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…
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YouTube CEO says Trump’s account will be restored when risk of violence recedes
Former President Donald Trump’s YouTube account will eventually be restored in accordance with the platform’s current policies, the…
Continue Reading Here 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…
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Tale of 2 towns named Anthony highlights struggle between Texas, New Mexico over virus restrictions
ANTHONY, Texas/New Mexico — It’s a tale of two towns mere miles apart that highlights the struggle over Covid-19 restrictions. In Anthony, Texas,…
Continue Reading The 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 Reading One 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 Reading Amazon’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 Reading Dr. 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 Reading Better 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…
Continue Reading Discover is opening a corporate office on Chicago’s South Side. It wants other companies to follow
The South Side of Chicago isn’t typically a place where major companies look to open corporate offices. Most of the city’s Fortune 500…
Continue Reading UK launches antitrust probe into Apple
The United Kingdom’s competition watchdog has launched an investigation into Apple after app developers complained that they’re being…
Continue Reading American consumer spending jumped in January thanks to stimulus checks
US consumer spending jumped at its quickest pace since June as stimulus checks put more cash into Americans’ wallets. Incomes rose 10% in…
Continue Reading This ‘snake robot’ can fix pipelines on the ocean floor
The deep-sea oil and gas industry has a vast and costly infrastructure to maintain. Wells, other equipment, and thousands of kilometers of pipeline…
Continue Reading Fighting climate change is now a job for the Bank of England
Central banks are usually tasked with keeping inflation in check, while promoting economic growth and employment. Now, add fighting the climate…
Continue Reading Paramount+ is banking on iconic TV characters from ‘Frasier’ to ‘SpongeBob’
Paramount is one of the most iconic studios in Hollywood, but can the name “Paramount” translate to streaming? ViacomCBS is banking on…
Continue Reading A financial transaction tax may be aimed at hurting Wall Street. But it will hit Main Street investors instead
In the wake of the GameStop stock trading frenzy, the Biden administration recently said it’s worth evaluating the impact of a tax on financial…
Continue Reading Corporate America’s earnings recession is over
The vast majority of companies in the S&P 500 have reported results from the last three months of 2020, and Wall Street is calling it: The…
Continue Reading Hong Kong used to be the poster child for economic freedom. Not anymore
Hong Kong has been booted off an index of economic freedom that it used to lead, dealing another blow to the city’s standing as a global…
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