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Global shares mostly lower as investors wary over stimulus

Global shares are mostly lower as investors warily await progress on U.S. economic stimulusRead More



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ABC News: Money

Google vows no new user tracking in Chrome New! 2021-03-03 09:05:29Google says it won’t develop new ways to follow individual users across the internet after it phases out existing ad tracking technology from Ch

Bed Bath & Beyond goes with something new New! 2021-03-03 08:45:59Bed Bath & Beyond will launch a slew of store brands aimed at reviving the home retailer and bringing in new customers in their 20s and 30s

Las Vegas Sands sells the Venetian, Sands Expo New! 2021-03-03 08:21:49Las Vegas Sands is selling the Venetian casino resort and Sands Expo and Convention Center for $6.25 billion

Stocks rise after Fed seeks to calm markets New! 2021-03-03 07:34:30World stock markets and US futures are higher after a Federal Reserve governor said the central bank is still far from raising interest rates

Merkel, German governors mull way ahead on lockdown New! 2021-03-03 07:25:49German leaders are looking for ways to ease the country out of a long-running lockdown

UK Treasury boss to extend job support, tax New! 2021-03-03 06:54:30Britain’s treasury chief is expected to announce billions of pounds in tax cuts and spending increases to help workers and businesses hit by the

As virus restrictions bite, EU extends safety net New! 2021-03-03 06:33:15The European Union is set to extend for around two more years the safety net it put in place to help Europe's economies survive the impact of restric

Biden faces steep challenges to reach renewable energy New! 2021-03-03 05:45:26The Biden administration has an ambitious agenda for expanding renewable energy, but challenges stand in the way, including rebuilding jobs and naviga

French families sue over extensive nursing home virus New! 2021-03-03 05:00:58A Paris court is holding a hearing in a class-action effort to hold French health authorities and companies accountable after thousands of people with

Smokies sees more than 12M visitors despite virus New! 2021-03-03 04:39:58Despite closing for more than a month because of COVID-19, the Great Smoky Mountains National Park experienced its second busiest year on record last

Tactical shift: Europe seeks vaccine 'overdrive' to catch New! 2021-03-03 04:35:16While Germany was slow off the blocks in the race to immunize its citizens against COVID-19,  it now faces a glut of vaccines and not enough arms

Fiat Chrysler, PSA profits dropped in pandemic before New! 2021-03-03 04:05:01Fiat Chrysler Automobiles and PSA Peugeot on Wednesday reported their last financial statements as independent companies, each contributing full-year

L.A. Times - Business

Airbnb para jardines es lo nuevo. Alquile un New! 2021-03-03 01:52:42Airbnb para jardines es una cosa. Alquile un oasis en Los Ángeles para dormir la siesta, hacer yoga, trabajar, usted decide

Column: Wall Street's love affair with 'blank check' 2021-03-02 16:02:16Wall Street is enticing investors with SPACs — funds that won't say what they're buying.

Will electric crossovers like Volvo's C40 be the 2021-03-02 14:57:02If Americans don't flock to crossover EVs like the new Volvo C40 Recharge, it's hard to see how green-car mandates can be met.

San Francisco, Silicon Valley, other areas allowed to 2021-03-02 13:45:54More parts of California moved out of the most restrictive purple tier Tuesday.

Ellen DeGeneres eyes $53.5 million for mansion she 2021-03-02 09:00:04In Beverly Hills, Ellen DeGeneres and Portia de Rossi are asking $53.5 million for a mansion they bought two years ago from Maroon 5's Adam Levine.

Californians need higher wages and better jobs, Newsom 2021-03-02 08:00:23The wealthy state is failing many of its workers, a report commissioned by Gov. Gavin Newsom says, highlighting how California continues to grapple wi

Column: Privacy or planet — the tough choice 2021-03-02 08:00:22Switching to digital-only receipts for transactions would be good for the environment. But it would be another nail in the coffin of your privacy.

A year into the pandemic, L.A.'s trendy Melrose 2021-03-02 08:00:12The iconic and trendy Melrose Avenue shopping district in Los Angeles has seen its business struggling as the COVID-19 pandemic hits its one-year anni

Amazon worker sues company, claiming race and gender 2021-03-01 19:05:40Amazon.com Inc. was sued for allegedly discriminating against Black and female workers in hiring employees for its corporate offices.

'Sopranos' star Jamie-Lynn Sigler sells in Valley Village 2021-03-01 17:23:55'Sopranos' star Jamie-Lynn Sigler and her husband, former baseball player Cutter Dykstra, just sold their Valley Village home for $2.89 million.

Column: Biden throws a bombshell at Amazon's anti-union 2021-03-01 15:24:06Amazon's campaign against a union drive in Alabama has drawn fire from President Biden.

Landlords: Do your renters struggle to pay rent 2021-03-01 13:45:03Please consider sharing your experience with us.

Economy

Powell says inflation is still 'soft' and the 2021-02-23 11:52:55Fed Chairman Jerome Powell told the Senate Banking Committee that price pressures remain mostly muted and the economic outlook is still "highly uncer

December home prices rose 10.4%, the biggest gain 2021-02-23 09:35:10December is usually the slowest month for the housing market, but price gains didn't slow down one bit in 2020.

Treasury Secretary Janet Yellen makes push for major 2021-02-18 17:49:45"We think it's very important to have a big package [that] addresses the pain this has caused," Yellen told CNBC.

Jobless claims show unexpected move higher 2021-02-18 09:35:46First-time filings for jobless claims totaled 861,000 last week, above the Dow Jones estimate of 773,000.

Homebuilder confidence improves, despite record high lumber prices 2021-02-17 11:16:39Buyer demand for newly built homes continues to surge, and that is keeping builder confidence high even as building material prices climb.

Household debt rises to $14.6 trillion due to 2021-02-17 11:05:20Debt increased 1.4% for the final three months, representing another $206 billion as households took advantage of low interest rates.

Retail sales burst higher in January as consumers 2021-02-17 10:16:23Consumers flocked to spend their stimulus checks in January, sending retail sales for the month up 5.3% in a blockbuster start to 2021.

‘This is not inflation’: Economist says expectations are 2021-02-17 08:32:16Inflation expectations are detaching from reality, meaning markets might be overplaying the rise in U.S. Treasury yields, says Carl Weinberg, chief ec

Retail sales expected to be strong in January, 2021-02-17 07:33:41Aided by government stimulus checks, consumers are expected to have boosted their spending in January, and the trend is likely to continue.

Fed's Bullard doesn't see asset bubble and doubts 2021-02-16 10:20:13Bullard told CNBC that there aren't clear signs of excesses, though he conceded that stocks are "highly valued on the whole."

Fed's Harker says inflation won't be posing a 2021-02-11 18:50:12Harker faced a question posed repeatedly to Fed officials in recent days over whether its easy monetary policy could stoke price pressures.

Deficit projected at $2.3 trillion for 2021, not 2021-02-11 16:01:10The federal budget deficit is projected at $2.3 trillion in the 2021 fiscal year, a drop from last year but well ahead of anything the U.S. has ever s

NYT > Economy

Biden Gains Two Key Economic Advisers 2021-03-02 20:57:57The Senate confirmed Gina Raimondo as President Biden’s commerce secretary and Cecilia Rouse as the head of the Council of Economic Advisers.

Amazon Workers’ Union Drive Reaches Far Beyond Alabama 2021-03-02 14:08:17A vote on whether to form a union at the e-commerce giant’s warehouse in Bessemer, Ala., has become a labor showdown, drawing the attention of N

Warren Revives Wealth Tax, Citing Pandemic Inequalities 2021-03-01 15:49:42A tax on the net worth of America’s wealthiest individuals remains popular with voters, but has yet to be embraced by President Biden.

How Can Biden Bring Back Manufacturing Jobs? Weaken 2021-03-01 10:47:18Critics of a strong currency say it hurts American factory workers by making imports cheap.

Unemployment Claims Dropped Last Week as Coronavirus Cases 2021-02-27 11:01:49The latest reading on the labor market shows evidence of continued healing, though economists caution that the recovery is still fragile.

They Were on Equal Footing. Then the Ground 2021-02-27 05:00:14A year of pandemic restrictions has meant some friends are flush and others foundering.

Stimulus Checks Helped Personal Income Surge in January 2021-02-26 17:00:17Personal income and spending both surged in January as a new round of government checks hit Americans’ bank accounts.

Amid Shortfalls, Biden Signs Executive Order to Bolster 2021-02-26 10:58:27The order is intended to help insulate the economy from future shortages of critical imported components by making the United States less reliant on f

Gov. Phil Murphy Unveils N.J. Budget Plan With 2021-02-26 10:53:59A $44.8 billion spending plan unveiled Tuesday by Gov. Phil Murphy calls for no new taxes and fully funds the state pension program for the first time

Biden’s Pick for Trade Representative Promises Break With 2021-02-25 17:22:23Katherine Tai, the nominee to be America’s chief trade negotiator, declined to give policy specifics on tariffs and trade agreements, but laid o

Biden Looks to a Consensus Builder to Heal 2021-02-24 18:24:07Katherine Tai, the Biden administration’s nominee for trade representative, will set the course for the Democrats’ worker-focused approach

Powell Says Better Child Care Policies Might Lift 2021-02-24 17:48:34The Fed chair said better caregiving options was an “area worth looking at” for Congress, while reiterating the central bank’s full-

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LIVE: BJP has no right to chant Bharat New! 2021-03-03 08:48:52Stay tuned for Latest LIVE news

Covaxin's efficacy shows immense strength of Atmanirbhar Bharat: New! 2021-03-03 08:47:29Bharat Biotech said that Covaxin had demostrated an interim efficacy of 81 per cent in preventing Covid-19 in late-stage clinical trials

UK to hike corporation tax to 25% from New! 2021-03-03 08:47:21Sunak said small businesses with profits of less than 50,000 pounds a year would be charged only 19%

Infosys, Accenture to cover Covid-19 vaccine cost for New! 2021-03-03 08:20:43Third phase of vaccinations for Covid-19 starting March 1 includes eligible citizens above 60 years of age and those between 45 and 59 years with spec

Covaxin showed 81% interim efficacy: Bharat Biotech on New! 2021-03-03 08:07:40Covaxin demonstrates significant immunogenicity against the rapidly emerging variants, says Bharat Biotech CMD

Investor wealth jumps Rs 9.41 trillion in three New! 2021-03-03 08:02:14On Wednesday, the BSE benchmark surged nearly 1,148 points to breach the 51,000-level and the NSE benchmark index recaptured the 15,200-mark by rising

Amazon, Google, Facebook vie for a piece of New! 2021-03-03 07:56:41The companies are part of four consortia preparing to apply for licenses to operate retail payments and settlement systems in the country

HDFC cuts key interest rate on home loans New! 2021-03-03 07:38:56The announcement comes close on the heels of SBI reducing interest rates on home loans

WhatsApp update allows animation for voice messages, 'disable New! 2021-03-03 06:01:41WhatsApp Messenger's latest update on iOS has brought a slew of features including a new animation for voice messages and the ability to disable rece

Check India vs England 4th Test playing 11 New! 2021-03-03 05:31:41Umesh Yadav is likely to replace Bumrah in Indian playing 11 while Dominic Bess may return to England's lineup for the 4th Test. Check IND vs ENG pla

RIL, banks lift indices for 3rd day; Sensex New! 2021-03-03 05:07:29he frontline Nifty50 index made a dash for 15,300-mark in the intra-day trade, and hit a high of 15,273.

Ahead of I-Pace launch, JLR India sets up New! 2021-03-03 03:55:38The charging infrastructure has been set up in metro cities and key urban hubs across the country


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