WASHINGTON, D.C. — Federal Reserve Chair Jerome Powell sought Thursday to tamp down any concerns that the Fed might soon withdraw some of its support for the U.S. economy and stressed that any such pullback […]
LOS ANGELES — The long period of record-low rates on home loans could soon be over. Long-term bond yields, which can influence interest rates on mortgages and other consumer loans, are climbing this month amid […]
As more Americans line up to receive their first doses of the COVID-19 vaccine, a number of questions remain about why certain parts of the country are so far behind in vaccine distribution, planning, and […]
DETROIT — A widening global shortage of semiconductors for auto parts is forcing major auto companies to halt or slow vehicle production just as they were recovering from pandemic-related factory shutdowns. Officials at Volkswagen, Ford, […]
Online shopping has been a lifeline for many as the virus pandemic shuttered stores and kept people at home. The COVID-19 pandemic has accelerated the change in how people shop in a world growing more […]
Talk of student loan forgiveness has borrowers looking forward to 2021. But many already benefited from some unprecedented events in 2020: — An administrative forbearance has paused most federal loan payments interest-free since March. — […]
Is shopping in stores safe during the pandemic? There are ways to reduce risk, but health experts advise avoiding it when possible. The U.S. Centers for Disease Control and Prevention says holiday shopping in crowded […]
CHARLOTTE — The price of bitcoin rose above $20,000 for the first time Wednesday, as the speculative digital currency topped its previous peak reached shortly after it became tradable on Wall Street three years ago […]
WASHINGTON, D.C. — The Federal Reserve said Wednesday that it will keep buying government bonds until the economy makes “substantial” progress, a step intended to reassure financial markets and keep long-term borrowing rates low indefinitely. […]
ATLANTA — Delta Air Lines has managed to avoid furloughs but is now asking more employees to take unpaid leaves of absence, a sign of the deepening slump in air travel as coronavirus cases increase […]
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