Business Highlights: Powell on economy, Google delays return
___Fed’s Powell downplays delta variant’s threat to the economyWASHINGTON (AP) — The spread of the COVID-19 delta variant is…
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3 tech giants report combined profits of more than $50B
Three tech companies — Apple, Microsoft and Google owner Alphabet — reported combined profits of more than $50 billion in the…
Tesla reaches milestone with first $1B quarterly profit
SAN RAMON, Calif. (AP) — Tesla’s quarterly profit has surpassed $1 billion for the first time thanks to the electric car pioneer’s…
China’s Tencent ordered to end exclusive music contracts
BEIJING (AP) — Internet giant Tencent was ordered by regulators to end exclusive contracts with music copyright holders, adding…
US average mortgage rates dip for 4th week; 30-year at 2.78%
WASHINGTON (AP) — Mortgage rates fell for the fourth straight week, undercut by worries that the surging delta coronavirus variant…
Bad Breadth: Whiff of danger as market gains lack scope
NEW YORK (AP) — Even before Monday’s swoon — the worst day for stocks on Wall Street in a couple months — the market was flashing…
US jobless claims rise to 419,000 from a pandemic low
WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week from the lowest point of the pandemic,…
Stocks climb on Wall St gains as company earnings roll in
BEIJING (AP) — Asian stock markets followed Wall Street higher Thursday for a second day as optimism about an economic recovery…
Asian stocks mixed after Wall Street rebound
BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street rebounded and Japanese exports surged as investors…
How major US stock indexes fared Monday
Stocks skidded on Wall Street and investors sought refuge in government bonds amid worries that a surge in virus infections around…