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Consumer spending rebounds despite rising October inflation
WASHINGTON (AP) — U.S. consumer spending rebounded in October, rising by a a solid 1.3% despite rising inflation that over the past year has reached the fastest pace in more than three decades.
Nov 24, 2021 9:41 AM
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South Dakota Supreme Court rules against pot legalization
SIOUX FALLS, S.D. (AP) — The South Dakota Supreme Court on Wednesday upheld a lower court's ruling that nullified a voter-passed amendment to the state constitution that would have legalized recreational marijuana use. Gov.
Nov 24, 2021 9:15 AM
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US new homes sales rise 0.4% in October as prices climb
WASHINGTON (AP) — U.S. sales of new homes edged up 0.4% last month, coming in below expectations as housing prices continued to climb.
Nov 24, 2021 8:28 AM
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Depth of Black Friday discounts depends on resiliency of retailers' supply chains
Amid the flashy flyers and promotional emails, a divide has emerged between big and small retailers this Black Friday. On one side, retail giants with sophisticated supply chains and robust inventory levels.
Nov 24, 2021 7:53 AM
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US jobless claims hit 52-year low after seasonal adjustments
WASHINGTON (AP) — The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century, another sign that the U.S. job market is rebounding rapidly from last year's coronavirus recession.
Nov 24, 2021 7:25 AM
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BHP extends offer for Noront Resources as talks with Wyloo continue
TORONTO — BHP Lonsdale Investments Pty Ltd. is extending is takeover offer for Noront Resources Ltd. as it continues talks with a major shareholder in the company regarding support for its proposal.
Nov 24, 2021 6:53 AM
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NASA launches spacecraft to test asteroid defense concept
LOS ANGELES (AP) — NASA launched a spacecraft Tuesday night on a mission to smash into an asteroid and test whether it would be possible to knock a speeding space rock off course if one were to threaten Earth.
Nov 24, 2021 6:45 AM
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STB establishes schedule for regulatory review of CP merger with Kansas City Southern
CALGARY — Canadian Pacific Railway Ltd. says its proposed acquisition of Kansas City Southern could be approved in about a year, after the U.S. regulator established a schedule for its regulatory review.
Nov 23, 2021 5:22 PM
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Fighting gas prices, US to release 50 million barrels of oil
WASHINGTON (AP) — President Joe Biden on Tuesday ordered a record 50 million barrels of oil released from America's strategic reserve, aiming to bring down gasoline and other costs, in coordination with other major energy consuming nations including
Nov 23, 2021 5:07 PM
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Samsung says it will build $17B chip factory in Texas
Samsung said it plans to build a $17 billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices.
Nov 23, 2021 5:06 PM
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