November 18, 2021
November 18, 2021

Walmart raises sales forecast as demand picks up

Walmart Inc on Tuesday raised its annual sales and profit forecast in anticipation of a surge in demand for toys and apparel during the crucial holiday season, even as global supply chain...

November 18, 2021
November 18, 2021

US retail sales surge as Americans kick off holiday shopping

US retail sales surged in October as Americans eagerly started their holiday shopping early to avoid empty shelves amid shortages of some goods because of the ongoing pandemic, giving the economy a...

November 18, 2021
November 18, 2021

Yellen warns US could again hit debt limit on Dec 15

The US government may run out of money by December 15, Treasury Secretary Janet Yellen warned Tuesday in a letter encouraging lawmakers to raise the country’s debt limit to avoid a default.

November 18, 2021
November 18, 2021

US, Japan to rebuild trade ties with new forum, meetings

The United States and Japan announced on Wednesday a new trade partnership to boost cooperation on labor, environment and digital trade issues, with an emphasis on  “third country concerns,” a...

November 18, 2021
November 18, 2021

Uber resumes shared rides in US

Ride-hailing giant Uber has resumed its ride-sharing service in the United States, a top executive announced Tuesday, offering customers in Miami a feature that was stopped last year because of the...

November 15, 2021
November 15, 2021

Musk says stock sale impact ‘closer to tax maximisation’

Tesla CEO Elon Musk said Saturday the result of his sale of nearly $7 billion worth of Tesla shares this week was “closer to tax maximization than minimization.”

November 15, 2021
November 15, 2021

US states file updated antitrust complaint against Google

A group of US states led by Texas have filed an amended complaint against Alphabet Inc’s Google accusing the tech giant of using coercive tactics and breaking antitrust laws in its efforts to boost...

November 15, 2021
November 15, 2021

From crab balls to cars, Biden’s hometown feels inflation pinch

A pizzeria in President Joe Biden’s hometown Wilmington recently took sparkling water off the menu because it got so pricey managers figured no one would buy it.

November 14, 2021
November 14, 2021

US consumer confidence hits 10-year low

Rising prices taking a bite out of American wallets caused consumer sentiment to drop to a 10-year low in November, a sign inflation is increasingly a political liability for President Joe Biden.

November 14, 2021
November 14, 2021

Dollar dips

The US dollar lost some ground on Friday as high inflation wreaked havoc on consumer sentiment, but the greenback was on track for its third straight weekly gain after a surprisingly strong US...