NEW YORK — Walmart raised its sales outlook for the year as Americans returned to shopping for back-to-school clothes and travel goods during the second quarter. Still, concerns are mounting over how shoppers will behave […]
WASHINGTON, D.C. — U.S. employers posted a record 10.1 million job openings in June, another sign that the job market and economy are bouncing back briskly from last year’s coronavirus shutdowns. Job openings rose from […]
WASHINGTON, D.C. — With inflation uncomfortably high and the COVID-19 Delta variant raising economic concerns, a divided Federal Reserve will meet this week to discuss when and how it should dial back its ultra-low-interest rate […]
WASHINGTON, D.C. — President Joe Biden is banking on the idea of making life more affordable for middle-class families — and that’s where the recent bout of inflation poses both a political and an economic […]
COCKEYSVILLE, Maryland — People used to go to Valley View Farms to buy five tomato plants and end up with $5,000 in patio furniture. This year is different. After a record burst of sales in […]
Of the 2 million people clogging airport security lines and gate areas again each day, one crowd is still largely missing: business travelers. Their absence is noteworthy because they are a key source of revenue […]
NEW YORK — Spending at restaurants, shops and entertainment venues has come back in force as vaccines become more common and it fueled a revenue surge at American Express during the second quarter. That momentum […]
WASHINGTON, D.C. — President Joe Biden signed an executive order on Friday targeting what he labeled anticompetitive practices in tech, health care and other parts of the economy, declaring it would fortify an American ideal […]
WASHINGTON, D.C. — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in coming months” before “moderating.” At the same time, Powell signaled […]
WASHINGTON, D.C. — U.S. consumer borrowing surged by a larger-than-expected $35.3 billion in May as Americans, bolstered by a reopening economy and rising job levels, went back to using credit in a big way. Borrowing […]
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