Breaking News

Fourth stimulus check update: Biden faces mounting pressure for new payment

As the IRS continues to distribute the pandemic's third stimulus checks, for up to $1,400 each, the outcry is building for the government to …

Signs of Economic Boom Emerge As Retail Sales Surge, Jobless Claims Hit Pandemic Low

Retail sales soared 9.8% in March, according to a report Thursday from the Commerce Department. The increase follows a 2.7% slump in Februar …

Corporate tax hikes don't spell doom for the bull market: Morning Brief

All things being equal, higher taxes on corporations would be a headwind for earnings growth. And while worries about this risk are likely t …

Prices of Materials Used by U.S. Businesses Rise Most Since 1974

A below-the-radar data point in the Labor Department’s producer price index report on Friday showed the sharpest monthly spike in processed …

Manufacturers embrace robots, the perfect pandemic worker

Now, manufacturers are clamoring for even more automated machines so they can cope with spiking demand for their products amid a global reco …

Venture funding soared to record $64 billion in Q1

Venture funding in the U.S. hit $64 billion in the first quarter, according to analysis from Ernst & Young, using data from Crunchbase. …

Four ways consumer spending will change once more people are vaccinated

As airport and store traffic pick up again, companies and investors are trying to predict consumers’ mindset and spending patterns after the …

Biden's infrastructure plan targets transportation — but could put auto jobs at risk

President Joe Biden dubbed his $2 trillion American Jobs Plan a “once-in-a-generation investment” that will upgrade the country’s infrastruc …

Amazon is snapping up disused shopping malls and turning them into fulfillment centers

Malls that buckled due to e-commerce or suffered during the pandemic are being given new life by the very entity that precipitated their dec …

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