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Economy
US Economy Adds 49,000 Jobs, Unemployment Falls to 6.3 Percent
The U.S. economy added 49,000 more jobs than it lost in January after shedding a net 227,000 positions in December, suggesting tepid labor market recovery as many pandemic-related restrictions remain ...
February 5, 2021
BY
Tom Ozimek
Robinhood Lifts Trading Caps on GameStop and Other Stocks
Online brokerage app Robinhood said on Thursday it has removed temporary trading restrictions on all stocks, including GameStop ...
February 5, 2021
BY
Tom Ozimek
Boeing to Outsource IT Work to Dell, Eliminate 600 Jobs
SEATTLE—Boeing Co. has said it will outsource a significant amount of information technology work to Dell starting in ...
February 5, 2021
BY
The Associated Press
Longtime Merck CEO Ken Frazier to Retire
Ken Frazier, the longtime chief executive of Merck and one of the few remaining black CEOs of a ...
February 4, 2021
BY
The Associated Press
Yellen Convenes Meeting to Probe GameStop Volatility and Ensure ‘Markets Are Functioning Properly’
Treasury Secretary Janet Yellen said she will hold a meeting Thursday with top financial market regulators to discuss ...
February 4, 2021
BY
Tom Ozimek
US Service Sector Activity Near 2-Year High in January: ISM Survey
WASHINGTON—U.S. services industry activity raced to its highest level in nearly two years in January, with growth in ...
February 4, 2021
BY
Reuters
US Unemployment Claims Fall to 779,000 But Job Cuts Still Sizable
WASHINGTON—The number of Americans seeking unemployment benefits declined to 779,000 last week, a still-historically high total that shows ...
February 4, 2021
BY
The Associated Press
779,000 Americans Filed for Unemployment Benefits Last Week
The Labor Department said initial claims for state unemployment was about 779,00 Americans filing for first-time jobless claims.
February 4, 2021
BY
Lorenz Duchamps
Ford Motor Terminates Electric Vehicle Plans With China’s Zotye
Ford Motor has decided to terminate plans to launch electric vehicle joint ventures with China's Zotye Automobile, the ...
February 4, 2021
BY
Reuters
House Passes Budget Resolution to Set Up Partisan Path for CCP Virus Package Vote
The House of Representatives approved a budget resolution that would allow Congress to pass President Joe Biden's CCP ...
February 4, 2021
BY
Zachary Stieber
White House Press Secretary Jen Psaki Reaffirms Stimulus Checks Will Be $1,400
White House press secretary Jen Psaki on Wednesday reaffirmed that stimulus checks to Americans will be $1,400 and ...
February 3, 2021
BY
Jack Phillips
Small GameStop Investors Aren’t Giving Up as Price Slips Below $100
While the price of video game retailer GameStop has slumped this week, many of the small investors who ...
February 3, 2021
BY
Petr Svab
GM Hit by Chip Shortage, to Cut Production at Four Plants
DETROIT—General Motors Co became the latest automaker hit by the global shortage of semiconductor chips as the U.S. ...
February 3, 2021
BY
Reuters
Bezos to Give Amazon Reins to Cloud Boss Jassy as Sales Rocket Past $100 Billion
Amazon founder Jeff Bezos will step down as CEO and become executive chairman, naming the head of its ...
February 3, 2021
BY
Reuters
Manchin: Senate Looking at ‘Targeted’ Stimulus Checks
Sen. Joe Manchin (D-W.Va.) on Wednesday morning said that the next round of stimulus payments may not be ...
February 3, 2021
BY
Jack Phillips
US Mint Unable to Meet Surging Demand for Gold, Silver Bullion Coins
NEW YORK—The United States Mint stated it was unable to meet surging demand for its gold and silver ...
February 2, 2021
BY
Reuters
Keystone XL Pipeline Cancelation Impacts More Than Jobs
The cancelation of the Keystone XL (KXL) pipeline has made a tough year more difficult for Carter Knox, ...
February 2, 2021
BY
Terri Wu
2 California Supermarkets Closing After City Orders Pay Hike
LONG BEACH, Calif.—Kroger Co. will close two Southern California supermarkets in response to a local ordinance requiring extra ...
February 2, 2021
BY
The Associated Press
Pfizer Forecasts Roughly $15 Billion in Revenue for 2021 From COVID-19 Vaccine
Pfizer Inc. said they expect total revenue in sales of CCP virus vaccines in 2021 to generate roughly ...
February 2, 2021
BY
Lorenz Duchamps
Tesla to Recall 135,000 US Vehicles Under Pressure From Auto Safety Regulators
WASHINGTON—Tesla Inc has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could ...
February 2, 2021
BY
Reuters
Burma Coup to Dampen US Trade, Impact Footwear Companies, Experts Warn
WASHINGTON—The coup in Burma is expected to dampen the already tepid interest of U.S. and Western companies in ...
February 2, 2021
BY
Reuters
Lowe’s Hiring More Than 50,000 Workers This Spring
The home improvement retailer Lowe's is planning to hire more than 50,000 workers this spring to fill seasonal, ...
February 2, 2021
BY
Mimi Nguyen Ly
Here’s How the GOP’s Stimulus Package Compares to Biden’s
Ten Senate Republicans released a $618 billion counterproposal to President Joe Biden’s $1.9 trillion coronavirus relief package hours ...
February 1, 2021
BY
The Daily Caller News Foundation
Ford, Google Join Hands to Offer Cloud-Based Data Services
Ford Motor Co will tap into software, artificial intelligence and cloud computing offered by Alphabet's Google to develop ...
February 1, 2021
BY
Reuters
Establishment Players Strike Back Against GameStop Investors
After small investors organized online to squeeze billions of dollars from Wall Street hedge funds, some establishment actors ...
February 1, 2021
BY
Petr Svab
American Airlines CEO Tells Employees to Brace for Furlough Warnings
American Airlines workers should brace for another round of furlough warnings in the near term as the airline ...
February 1, 2021
BY
Reuters
All But 3 States See Higher Over-the-Year Unemployment
Only three states in the union—all Republican-led—saw unemployment rates drop or remain unchanged between December 2019 and December ...
February 1, 2021
BY
Tom Ozimek
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TOP NEWS
Updates on CCP Virus: UK Study Finds New Variant May Be More Deadly
NEW
By
Epoch Times Staff
Biden Approves Emergency Declaration for Texas Amid Energy Emergency, Severe Winter Storm
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Isabel van Brugen
Microsoft Urges US to ‘Copy’ Australia’s Big Tech Media Law
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Daniel Y. Teng
Support Grows for 9/11-Style Commission to Probe US Capitol Breach
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Janita Kan
$32 Billion for Public Transit in COVID-19 Relief Bill Wasteful: Researcher
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Petr Svab
Wintry Weather Blanketing US Making Rare Dip to Gulf Coast
5hr
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The Associated Press
Lovers Stay Hopeful on Valentine’s Day Amid Pandemic
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The Associated Press
De Blasio Calls for ‘Full Accounting’ of Cuomo’s Alleged Nursing Home Death Cover-Up
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GQ Pan
Impeachment Manager: Trial Could Have Lasted Years If Witnesses Were Called
6hr
By
Ivan Pentchoukov
Michigan County GOP Censures Rep. Meijer Over Vote to Impeach Trump
6hr
By
Ivan Pentchoukov