Tag: Economy

US warns companies about doing business in Hong Kong

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WASHINGTON — The Biden administration issued a blanket warning Friday to U.S. firms about the risks of doing business in Hong Kong as China...

As stock prices peak, markets begin to fear looming threats

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NEW YORK — With the U.S. economy humming, corporate profits flowing and stock prices peaking, investors on Wall Street are beginning to pose an...

Pacific Rim leaders agree to step up COVID vaccine sharing

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Leaders of Asian Pacific nations agreed on Friday to step up COVID-19 vaccination sharing efforts as China said it has pledged $3 billion in...

Indiana restarts payment of federal unemployment benefits

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INDIANAPOLIS — Indiana on Friday resumed making $300 federal unemployment payments to workers affected by the coronavirus pandemic after a court ordered it to...

A year after outbreak, Latinos still reeling, but optimistic

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PHOENIX — Latinos in the U.S. were hard hit by the pandemic both financially and personally, but many feel generally optimistic that the worst...

Merkel brings message of stability to US on farewell visit

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WASHINGTON — President Joe Biden welcomes German Chancellor Angela Merkel to the White House for what is likely to be her last official visit...

US 30-year mortgage rate falls for 3rd week to average 2.88%

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WASHINGTON — Mortgage rates were mixed this week. The benchmark 30-year loan fell for the third straight week amid lingering concerns over the recent...

Company says expansion will shore up US medical supply chain

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WEST COLUMBIA, S.C. — A South Carolina-based pharmaceutical manufacturer is launching a $100 million expansion, something officials say is part of a broader effort...

As prices rise at rapid pace, Fed chief seeks patience

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WASHINGTON — For anyone watching with concern as prices surge for everything from food and gas to airplane tickets and clothes, the message from...

Biden to warn US companies about doing business in Hong Kong

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WASHINGTON — The Biden administration is expected to issue a blanket warning to U.S. firms about the risks of doing business in Hong Kong...