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ABC News: Money

Will Paramount+ be a mountain or a molehill New! 2021-03-04 09:00:32Paramount+ debuts Thursday as the latest — and last — streaming option from a major media company, this time from ViacomCBS

US jobless claims tick up to 745,000 as New! 2021-03-04 09:00:03The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite

US fourth quarter productivity revised to a decline New! 2021-03-04 08:56:48U.S. productivity fell at an annual rate of 4.2% in the fourth quarter, a sharp decline but not as large as first estimated

GM looking to build 2nd US battery factory, New! 2021-03-04 08:49:37General Motors says it’s looking for a site to build a second U.S. battery factory with joint venture partner LG Chem of Korea

UK competition watchdog investigates Apple's App Store New! 2021-03-04 08:36:46The U.K. competition watchdog has launched an investigation into Apple’s App Store over concerns it has a dominant role that stifles competition

Amazon opens first UK checkout-free grocery store in New! 2021-03-04 08:35:53Amazon has opened a cashier-free supermarket in London, its first bricks and mortar expansion outside the U.S. as the company bets on strong demand fo

The Latest: Germany OKs AstraZeneca shot for 65 New! 2021-03-04 08:33:15Germany’s health minister says the country’s independent vaccine committee has formally approved giving the AstraZeneca shot to people age

OPEC cartel, allies face decision on increasing oil New! 2021-03-04 07:38:19Top oil producing countries Saudi Arabia and Russia have a tough call to make at an online meeting of oil cartel OPEC and its allies

German panel OKs AstraZeneca vaccine jab for over New! 2021-03-04 07:29:28Germany’s health minister says the country’s independent vaccine committee has formally approved giving the AstraZeneca shot to people age

Hungary tightens pandemic restrictions amid rising deaths New! 2021-03-04 07:13:24Authorities in Hungary are tightening pandemic restrictions in an effort to mitigate a rapid rise in deaths and hospitalizations caused by COVID-19

EU regulator starts a review of Russia's COVID-19 New! 2021-03-04 07:09:02The European Medicines Agency says has started a rolling review of Russia's Sputnik V coronavirus vaccine, many months after it was first approved fo

US traffic deaths spike even as pandemic cuts New! 2021-03-04 06:16:25Pandemic lockdowns and stay-at-home orders kept many drivers off U.S. roads and highways last year

L.A. Times - Business

Airbnb para jardines es lo nuevo. Alquile un 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-