US Jobless Claims at 730K, Still High but Fewest in 3 Months
The number of Americans seeking unemployment benefits fell sharply last week in a sign that layoffs may have eased, though claims remain at a historically high level.
The number of Americans seeking unemployment benefits fell sharply last week in a sign that layoffs may have eased, though claims remain at a historically high level.
Orders to U.S. factories for big-ticket goods shot up 3.4% in January, pulled up by surge in orders for civilian aircraft.
Qantas Airways chief executive Alan Joyce says he doesn’t expect his airline will resume international travel except for New Zealand until late October, after the Australian population is vaccinated for COVID-19.
The U.S. Postal Service says it has chosen Oshkosh Defense to build its next-generation mail-delivery vehicle.
World shares have picked up on positive economic data in Europe and as investors look to a second day of testimony by Federal Reserve Chair Jerome Powell.
President Joe Biden is preparing to sign an executive order to review U.S. supply chains for large-capacity batteries, pharmaceuticals and critical minerals.
The Home Depot’s fiscal fourth-quarter sales surged 25% as the home improvement chain continues to meet the demands of consumers stuck at home and a resilient housing market.
Kohl’s is fighting back against an investor group’s efforts to take control of the department store chain’s board, arguing that it would derail its progress and momentum.
Microsoft is teaming up with European publishers to push for a system to make big tech platforms pay for news.
M&T Bank Corp. is buying People’s United Financial Inc. in an all-stock deal valued at about $7.6 billion.