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With layoffs down and spending up, US rebound gains momentum

A much-awaited economic boom coming off the pandemic recession appeared to edge closer to reality Thursday with fresh data ...

A year after stocks soared, CEOs must show it was warranted

It's time to show the receipts, CEOs. For more than a year, investors have been pushing up stock prices, even though the ...

Growers fret as Mexico moves to legalize marijuana

For the first time that María can remember, half of her marijuana harvest is still in storage on her ranch in Mexico’s ...

Fed survey: Economy rebounding, helped by stimulus, vaccines

A Federal Reserve survey has found that the economy was rebounding in late February through early April, helped by billions ...

Fed leaders agree: Economics has a race problem

Top Federal Reserve policymakers underscored their concern that Black and Hispanic people are sharply underrepresented in the ...

Asian shares gain despite virus worries; China exports rise

Asian shares were mostly higher on Tuesday with hopes growing for a global economic rebound despite surging coronavirus cases ...

Fed's Powell sees US boom ahead, with COVID still a risk

The U.S. economy is poised for an extended period of strong growth and hiring, the chair of the Federal Reserve said in an ...

IMF: Vaccine inequity threatens Mideast's economic recovery

Middle East economies are recovering from the coronavirus pandemic faster than anticipated, largely due to the acceleration ...

Tech company gains help push S&P 500 to record high

Wall Street capped another week of gains with more milestones Friday, as strength in technology and health care stocks helped ...

Ready to buy a home? The trick is finding or affording one

Nathan Long and Lili Chin have struck out so far in their four-month search to find an affordable home in the Los Angeles ...

Mortgage rates dip for first time since January

Mortgage rates fell for the first time in more than two months as buyers continue to be stifled by high prices and limited ...

Fed in March saw brighter outlook, yet underscored patience

Federal Reserve officials were encouraged last month by evidence the U.S. economy was picking up, but they showed no sign of ...

Global stocks rise; Treasury yields rally after jobs report

Stocks rose in many of the markets worldwide that were open on Good Friday, while Treasury yields rallied after a report ...

Mortgage rates remain steady, 30 year loan edges up 3.18%

Mortgage rates were virtually unchanged this week, but signs indicate that the housing market is constrained by higher prices ...

US factory activity expands at fastest pace since 1983

U.S. manufacturers expanded in March at the fastest pace in 37 years, a sign of strengthening demand as the pandemic wanes ...

Safety last: Risky investments soared at start of 2021

Who needs safety when the world's about to get back to normal? Risky stocks seen as nearly untouchable a year ago burst to ...

US home prices soared in January by most in seven years

U.S. home prices increased at the fastest pace in seven years in January as the pandemic has fueled demand for single-family ...

S&P 500 returns to a record high after best day in weeks

U.S. stocks burst to their best day in three weeks on Friday, helping Wall Street return to record heights and avoid what ...

Yellen, Powell say more needed to limit US economic damage

Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell told Congress on Tuesday that more must be done ...

Turkish lira plummets after Erdogan fires central bank chief

The Turkish currency plummeted against the U.S. dollar on Monday after President Recep Tayyip Erdogan fired his third central ...