Tag: Economy
Recharged: Energy seen as big winner after disastrous 2020
Energy companies spent the first quarter of 2021 recharging from a draining year. Wall Street expects that growth to continue as energy companies and...
Free breadsticks and reasons for hope at Olive Garden
The company that runs the Olive Garden chain is raising pay for its workers and handing out one-time bonuses, a sign of optimism from...
US 30-year mortgage rates jump to 3.17%, highest since June
McCLEAN, Va. — U.S. long-term mortgage rates jumped to their highest level since June, though still remain near historic lows.
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Treasury sends out additional 37 million in relief payments
<p>WASHINGTON — The Treasury Department said Wednesday that it has sent out another 37 million economic impact payments, bringing the total disbursed in the...
Erdogan urges investors to trust Turkey’s economy, potential
ANKARA, Turkey — Turkish President Recep Tayyip Erdogan urged foreign investors Wednesdays to have confidence in Turkey’s economy days after he fired his third...
US, Europe, NATO close ranks to counter ‘aggressive’ China
BRUSSELS — The United States and countries around Europe are stepping up cooperation to respond to “aggressive and coercive” behavior by China, days after...
German Cabinet approves 2022 budget plan with more new debt
BERLIN — Germany's Cabinet on Wednesday approved 2022 budget plans that will see rules against running up new debt suspended for the third consecutive...
GameStop weighing stock offering to fund transformation
GameStop is considering selling some of its shares, a move that would enable the video-game retailer to capitalize on the massive surge in its...
Syria to send Lebanon emergency oxygen supply for hospitals
BEIRUT — The government of war-torn Syria said Wednesday it will send emergency oxygen supplies to neighboring Lebanon, which has experienced shortages amid a...
Treasury sends out additional 37 million in relief payments
WASHINGTON — The Treasury Department said Wednesday that it has sent out another 37 million economic impact payments, bringing the total disbursed in the...