Yellen and Powell praise stimulus but warn that more needs to be done
The two most powerful economic authorities in America told lawmakers that although the US economy is on the mend thanks to several rounds of…
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Alcohol sales fell for the first time since the pandemic began
The bender appears to be over for booming booze sales sparked by the pandemic. For the first time in a year, since Covid-19 began spreading across…
Continue Reading California’s senators ask Biden to ban sale of gas-powered cars
California’s two Senators are pushing the Biden Administration to set a date after which automakers would no longer be allowed to sell…
Continue Reading Here comes $3 gas, just as Americans start traveling again
Travel-starved Americans emerging from lockdown may need to budget for $3-a-gallon gasoline on their next road trip. Prices at the pump are on the…
Continue Reading New reasons to think the work-from-home revolution is overblown
One year after the Covid-19 pandemic forced millions of workers to start clocking in from home, many companies are thinking about how to bring their…
Continue Reading Taco Bell is getting a new look
Taco Bell fans will soon see a new restaurant design across the United States. The restaurant chain announced Tuesday that it’s expanding its…
Continue Reading Chinese markets slump as tit-for-tat sanctions raise tension with US and Europe
Chinese stocks fell by as much as 3% on Tuesday as the United States and its allies announced new sanctions on Beijing, a sign that its relationship…
Continue Reading Popeyes is bringing its famous fried chicken to Britain
Americans have spent the past year going absolutely wild over fried chicken sandwiches. Now, Popeyes hopes to bring the craze to the United Kingdom.…
Continue Reading Billionaire Leon Black is leaving Apollo following scrutiny over ties to Jeffrey Epstein
Leon Black is completely stepping away from running private equity firm Apollo Global Management amid scrutiny over the billionaire’s ties to…
Continue Reading Computer chip shortage starting to hit automakers where it hurts
The computer chip shortage is starting to hit automakers where it really hurts, delaying deliveries of full-size pickups and SUVs. Since the chip…
Continue Reading Here come the pickup truck and SUV delays
The computer chip shortage is starting to hit automakers where it really hurts, delaying deliveries of full-size pickups and SUVs. Since the chip…
Continue Reading Nikes are getting harder to find at stores. Here’s why
Struggling to find Nike sneakers at your neighborhood shoe store? That’s by design. Nike wants customers to buy more of its shoes, clothing and…
Continue Reading Why Biden won’t be able to totally undo Trump’s tax cuts
President Joe Biden got almost everything he wanted with his $1.9 trillion economic rescue plan. Goldman Sachs thinks Biden will face far more…
Continue Reading Krispy Kreme is making vaccinations extra sweet with a free doughnut a day for the rest of the year
Krispy Kreme has come up with a way to make getting the Covid-19 vaccine extra sweet. Starting Monday until the end of the year, if you take your…
Continue Reading Goldman Sachs CEO responds to analyst survey describing ‘inhumane’ workplace
Goldman Sachs’ CEO says the bank will strengthen enforcement of its “Saturday rule” and speed up hiring of junior bankers after a…
Continue Reading Goldman Sachs: Biden’s tax hikes won’t be as big as he wants
President Joe Biden got almost everything he wanted with his $1.9 trillion economic rescue plan. Goldman Sachs thinks Biden will face far more…
Continue Reading Tesla’s stock will rise 350% by 2025, analyst predicts
Tesla shares have slumped in recent weeks, losing 26% of their value between a record high in late January and its closing price Friday. But at least…
Continue Reading Wall Street’s hot new bet: Betting on sports
The NCAA basketball tournament, aka March Madness, is nirvana for sports bettors. But it’s March Madness on Wall Street too, as the blue-chip…
Continue Reading Trump is returning to social media in a few months with his own platform, spokesman says
Former President Donald Trump is coming back to social media — but this time with his own network, a Trump spokesperson told Fox News on…
Continue Reading Reporters call out Biden administration for lack of transparency at the US-Mexico border
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Department of…
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