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Economies
UK Signs Continuity Trade Deal With Turkey
The UK and Turkey signed a free trade agreement on Tuesday to continue existing trade arrangements between the two countries after Britain exits the European Union’s single market and customs ...
December 29, 2020
BY
Alexander Zhang
Tech’s Reign Over US Stock Market to Be Tested in 2021
NEW YORK—Investors are weighing how big to go on U.S. technology stocks in the coming year, as pricier ...
December 28, 2020
BY
Reuters
Big Tech Bets, Cryptocurrencies Power 2020’s Top US Funds
NEW YORK—Outsized bets on large U.S. technology companies and emerging cryptocurrencies fueled the year’s top-performing U.S. mutual fund ...
December 28, 2020
BY
Reuters
EU Trade Deal Brings Little Progress for UK’s Giant Financial Sector
LONDON—The European Union can't decide about granting the United Kingdom access to the bloc’s financial market, even though ...
December 27, 2020
BY
Reuters
US Holiday Retail Sales Rise 3 Percent as Online Shopping Booms, Mastercard Reports
U.S. retail sales rose 3 percent during this year’s expanded holiday shopping season powered by a pandemic-driven shift ...
December 27, 2020
BY
Reuters
Feds’ Clean Fuel Standard Drives Concerns Over Design, Cost, Implementation
The feds’ latest weapon in their war against carbon emissions is the clean fuel standard (CFS).
December 23, 2020
BY
Rahul Vaidyanath
Australia’s Trade Surplus for Goods Has Dropped
Australia's trade surplus for goods has dropped to its lowest level in two years after China stopped buying ...
December 23, 2020
BY
AAP
US Third-Quarter GDP Growth Revised Slightly Higher; Momentum Waning
WASHINGTON—The U.S. economy grew at a record pace in the third quarter, fueled by more than $3 trillion ...
December 22, 2020
BY
Reuters
US Lenders Score Small Business Relief, Accounting Help in Pandemic Package
WASHINGTON—The long-awaited nearly $900 billion U.S. pandemic aid package will help banks by boosting borrowers’ finances, easing a ...
December 22, 2020
BY
Reuters
US Home Sales Fell More Than Expected in November
WASHINGTON—U.S. home sales fell more than expected in November after five straight months of gains amid a shortage ...
December 22, 2020
BY
Reuters
US Shoppers Grab Last-Minute Holiday Gifts, Pick Up Online Orders In-Store
NEW YORK—Many U.S. holiday shoppers, wary of spending time in stores during the latest surge of COVID-19 cases ...
December 20, 2020
BY
Reuters
Canadians Working From Home May Qualify for up to $400 Tax Deduction
Canadians may be eligible to claim a deduction on their personal income tax return if they were forced ...
December 17, 2020
BY
Andrew Chen
Mercedes Benz Ends Luxury Car Prodution in Brazil, Shutting Down Small Plant
SAO PAULO—Mercedes Benz said on Thursday that it would wind down car production in Brazil, shutting down its ...
December 17, 2020
BY
Reuters
Ban on Federal Drilling Leases Would Cost Eight US States Billions, Study Finds
A ban on new oil and gas drilling leases on federal lands would cost eight Western states $8.1 ...
December 17, 2020
BY
Reuters
US Jobless Claims Rise to Highest Level Since September
WASHINGTON—The number of Americans applying for unemployment benefits rose again last week to 885,000, the highest weekly total ...
December 17, 2020
BY
The Associated Press
Majority of Small US Businesses See Worst Coronavirus Impact Still Ahead: Poll
WASHINGTON—Most small business owners in the United States believe the worst of the coronavirus pandemic is still ahead ...
December 17, 2020
BY
Reuters
Low-Income US Households Are Spending Savings Quicker Than High Earners: Study
U.S. households across the board built up savings during the pandemic, but low-income households are burning through their ...
December 17, 2020
BY
Reuters
Fed Holds Interest Rates Near Zero, Raises Economic Outlook
WASHINGTON—The Federal Reserve announced on Dec. 16 that it would keep U.S. interest rates near zero as the pandemic continues ...
December 16, 2020
BY
Emel Akan
Busiest US Seaport, Buried in Imports, Plucks Out Toys to Load Santa’s Sleigh
LOS ANGELES—Workers at the busiest U.S. seaport are plucking containers of toys off ships and out of massive ...
December 16, 2020
BY
Reuters
US Regulator Issues Final Rule Unveiling Non-Bank’s Path to Deposit License Approval
WASHINGTON—A federal banking regulator on Dec. 15 finalized new rules that should make it easier for non-bank companies ...
December 16, 2020
BY
Reuters
European Tech Firms Seek to Share in US IPO Bonanza
LONDON—Some of Europe’s tech companies are preparing to speed up listing plans early next year to grab some ...
December 16, 2020
BY
Reuters
Fleeing New Yorkers Resulted in an Estimated $34 Billion in Lost Income: Study
Millions of people have moved out of New York City during the pandemic, but at the same time, ...
December 16, 2020
BY
Reuters
US Manufacturing Production Tops November Forecasts
WASHINGTON—U.S. manufacturing output increased more than expected in November, boosted by motor vehicle production, although momentum could slow ...
December 16, 2020
BY
Reuters
UK Loses 819,000 Jobs in CCP Virus Pandemic
Britain, a country of 67 million people, has lost 819,000 jobs since the CCP virus pandemic hit the ...
December 15, 2020
BY
Alexander Zhang
Australians Ending 2020 in Upbeat Mood
Consumer confidence has struck new highs for 2020, which should have retailers rubbing their hands in anticipation of ...
December 14, 2020
BY
AAP
Christmas Joy for Some Retailers, Could Be the End for Others
The run into Christmas is looking more positive for retailers than previously expected, but for some businesses it ...
December 14, 2020
BY
AAP
US Labor Department Finalizes Limits on Pension-Fund Voting on Corporate Proxies
NEW YORK—The U.S. Department of Labor on Dec. 11 finalized a rule requiring pension funds to vote on ...
December 14, 2020
BY
Reuters
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