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Economy

ABC News: Money

Giuliani associate convicted of campaign finance crimes 2021-10-22 17:47:09A New York jury has convicted a former associate of Rudy Giuliani of charges that he made illegal campaign contributions to influence U.S. politicians

Stocks end mixed on Wall Street, still notch 2021-10-22 17:14:47Stocks ended up with a mixed finish on Wall Street Friday after another choppy day of trading, but major indexes still marked their third weekly gains

How major US stock indexes fared Friday 2021-10-22 16:29:16Stocks ended up with a mixed finish on Wall Street Friday after another choppy day of trading, but major indexes still marked their third weekly gains

Snap, Intel fall; American Express, Mattel rise 2021-10-22 16:25:30Stocks that traded heavily or had substantial price changes Friday: Snap, Intel fall; American Express, Mattel rise

Pfizer says COVID-19 vaccine more than 90% effective 2021-10-22 15:56:11Pfizer says kid-size doses of its COVID-19 vaccine are safe and nearly 91% effective at preventing symptomatic infections in elementary schoolchildren

Wall Street profits near record levels despite dip 2021-10-22 15:43:16New York’s comptroller says Wall Street profits are near record levels despite job losses in the industry

US budget deficit hits $2.77 trillion in 2021, 2021-10-22 15:42:31The U.S. budget deficit totaled $2.77 trillion for 2021, the second highest on record but an improvement from the all-time high of $3.13 trillion in 2

Aromatherapy spray linked to US deaths faces recall 2021-10-22 15:39:00U.S. health officials may have solved the mystery of how four people in different states came down with a serious tropical disease, even though none h

Where are the workers? Cutoff of jobless aid 2021-10-22 15:36:46Earlier this year, an insistent cry arose from business leaders and Republican governors: Cut off a $300-a-week federal supplement for unemployed Amer

Closing prices for crude oil, gold and other 2021-10-22 15:26:28Closing prices for crude oil, gold and other commodities, and foreign exchange levels

Watchdog finds flaws in FAA oversight of American 2021-10-22 15:01:15A government watchdog says federal regulators often fail to get to the bottom of maintenance issues at American Airlines

Justice Department to expand redlining investigation efforts 2021-10-22 13:43:48The Justice Department has announced a cross-government effort to investigate and prosecute redlining, the practice of banks discriminating against ra

L.A. Times - Business

Shaq finally sells Florida mega-mansion for $11 million 2021-10-22 17:10:42After three years of relists, NBA legend Shaquille O'Neal has finally sold his Shaq-sized mansion outside Orlando for $11 million.

California's job growth took a hit as the 2021-10-22 16:41:52California's job growth slowed last month and its unemployment rate remained high as the state struggled to recover economic momentum.

Workers are fed up. But is this really 2021-10-22 14:17:42After decades of stagnating wages and diminishing pension and healthcare benefits, many U.S. workers are fed up. A small but growing number are organi

For a 'bizarre thrill,' visit an open house 2021-10-22 08:00:01Nile Niami's "The One" ultra-mega-mansion won't be hosting an open house, but plenty of other super-luxe homes will. Here's some, and how to find

Southern California will soon have the tallest single-track 2021-10-21 15:14:20An upcoming Wonder Woman ride marks the 20th roller coaster at Six Flags Magic Mountain

Pandemic spurs young families to leave big cities 2021-10-21 09:37:22New telework opportunities could slow exodus from rural America, but housing and lifestyle challenges abound.

Column: Democrats are talking about means-testing more social 2021-10-21 09:00:44Means-testing social programs can doom them to failure. Here's why.

When truckers voted to unionize, their employer retaliated 2021-10-20 23:10:58Mere weeks after a group of port truck drivers voted to unionize, they opened their mailboxes to find termination notices from their employer. That le

El Segundo semiconductor maker goes public in billion-dollar 2021-10-20 18:24:19For faster charging and more efficient use of energy, Navitas thinks gallium nitride beats silicon.

Column: Facebook, fooling no one, may be going 2021-10-20 15:45:03Facebook is reportedly considering a name change. Marketing experts say the move makes sense, both as damage control and as an evolution of the brand.

Column: The IRS wanted a new tool to 2021-10-20 15:02:02President Biden wants to step up the war on tax cheats, so of course the GOP and banks object.

Offers due on Halloween for L.A.'s famous 'Nightmare 2021-10-20 11:00:20In Spaulding Square, the famous house from the 1980s horror hit 'A Nightmare on Elm Street' is listing for sale at $3.25 million.

Economy

Fed's Barkin backs tapering plans and expresses concern 2021-10-15 11:17:35Richmond Fed President Thomas Barkin said he's on board with reducing the amount of economic help the central bank is providing.

Retail sales unexpectedly rise in September as consumers 2021-10-15 09:41:36Consumers spent at a much faster pace than expected in September, defying expectations for a pullback amid pervasive supply chain problems.

Jobless claims fall below 300,000 for the first 2021-10-14 09:54:34Initial claims for unemployment insurance for the week ended Oct. 9 were expected to total 318,000.

Fed says it could begin 'gradual tapering process' 2021-10-13 20:14:44The Federal Open Market Committee on Wednesday released minutes from its Sept. 21-22 policy meeting.

Consumer prices rise more than expected as energy 2021-10-13 11:30:26Consumer prices increased slightly more than expected in September as food and energy price rises offset declines in used cars, the Labor Department s

A record 4.3 million workers quit their jobs 2021-10-13 09:26:47Job openings declined sharply in August while hiring also fell and the level of workers quitting their jobs hit the highest level since at least late

Weekly mortgage demand stalls, as rates jump to 2021-10-13 07:00:02Mortgage rates continued their trudge higher last week, leaving most homeowners with little to no incentive to refinance.

September's jobs creation comes up short with gain 2021-10-12 14:45:44Nonfarm payrolls were expected to increase by 500,000 in September, according to economists surveyed by Dow Jones.

Fed Governor Lael Brainard is in line for 2021-10-11 12:29:34Fed Governor Lael Brainard should figure prominently as President Joe Biden weighs who will chair the central bank and who will specifically supervise

Strong wage gains cast doubt that inflation is 2021-10-08 20:30:43September's wage gains provided more fuel to the argument that the current pace of inflation could run longer than many economists anticipate.

As mortgage rates shoot even higher, refinance demand 2021-10-07 15:40:00A sharp jump in mortgage interest rates over the past few weeks is taking its toll on mortgage demand.

Jobless claims post sharp decline to 326,000, better 2021-10-07 11:49:11Initial filings for jobless benefits were expected to total 345,000 for the week ended Oct. 2, according to economists surveyed by Dow Jones.

NYT > Economy

John Deere Workers Strike After Failed Contract Talks 2021-10-14 17:41:10About 10,000 unionized employees walked out, as worker activism rises during nationwide labor shortages.

U.S. Renews Its Support for the World Trade 2021-10-14 16:57:15Trade Representative Katherine Tai outlined her vision for the battered World Trade Organization, saying the U.S. wanted to re-engage and address work

As Western Oil Giants Cut Production, State-Owned Companies 2021-10-14 14:27:47In the Middle East, Africa and Latin America, government-owned energy companies are increasing oil and natural gas production as U.S. and European com

There Is Shadow Inflation Taking Place All Around 2021-10-14 10:43:29Some companies haven’t been raising prices. Instead, they’ve been cutting back customer services and conveniences, but how should that be

September Consumer Price Index: Inflation Rises 2021-10-13 18:13:26Consumer Price Index data from the Labor Department showed that prices kept climbing in September, as supply chain snarls and rising rents fueled rapi

Biden Announces Expansion of Hours at Port of 2021-10-13 17:05:37The Port of Los Angeles will join the Port of Long Beach in operating 24/7 as the administration struggles to address a problem that is boosting infla

Fed Minutes September 2021: Officials Worried About Supply 2021-10-13 16:27:38Federal Reserve officials are preparing to slow bond buying and are divided over when they might need to raise interest rates as inflation bites.

Are Tesla and Texas a Perfect Match? It’s 2021-10-13 11:50:19While its C.E.O., Elon Musk, and the state’s conservative lawmakers share libertarian sensibilities, they differ greatly on climate change and r

Debate Looms Over I.M.F.: Should It Do More 2021-10-12 18:32:12As the International Monetary Fund gets set for its annual meeting, economists ask if it’s time to update its mandate as the world’s finan

World’s Growth Cools and the Rich-Poor Divide Widens 2021-10-12 17:54:42The International Monetary Fund says the persistence of the coronavirus and global supply chain crisis weighs on economies.

U.S. Workers Quitting Their Jobs Hit a Record 2021-10-12 17:21:55A government report shows how the balance of power in the labor market has swung toward workers.

Inflation Expectations Climb, Dogging Federal Reserve Officials 2021-10-12 15:19:07A survey by the Federal Reserve Bank of New York shows inflation expectations are the highest since 2013, adding pressure for Fed officials.