October 1, 2020

Senate panel moves to compel 3 social media CEOs to testify

WASHINGTON — A Senate panel has moved to compel testimony from the CEOs of social media giants Facebook, Google and Twitter, as lawmakers opened a […]
October 1, 2020

Judge tosses case over chemical plant fire during Harvey

HOUSTON — A judge on Thursday dismissed the criminal case against a chemical manufacturer and one of its former employees over a fire at its […]
October 1, 2020

Average rate on 30-year mortgage tick down to 2.88%

SILVER SPRING, Md. — U.S. average rates on long-term mortgages edged down slightly this week, remaining at historically low levels. Mortgage buyer Freddie Mac reported […]
October 1, 2020

US housing roars back despite recession, high unemployment

LOS ANGELES — The U.S. housing market has staged a furious comeback this summer, even as the economy struggles to regain its footing after being […]
October 1, 2020

Medtronic 'cooperating fully' as U.S. investigates ventilator competition

The U.S. Justice Department is investigating if acquisitions by medical device maker Medtronic hindered competition in ventilator manufacturing, the Wall Street Journal reported on Wednesday, […]
October 1, 2020

Chloe holds an immersive Paris Fashion Week show

PARIS — Chloe took over the esplanade of the Palais de Tokyo on Thursday for an immersive runway show that used huge plasma screens to […]
October 1, 2020

August construction spending up 1.4%, led by home building

WASHINGTON — U.S. construction spending increased 1.4% in August, led by a surge in single-family homes. The gain was double the 0.7% increase in July, […]
October 1, 2020

White House ups bid in last-ditch COVID talks with Congress

WASHINGTON — The White House is backing a $400 per week pandemic jobless benefit and is dangling the possibility of a COVID-19 relief bill above […]
October 1, 2020

US manufacturing grows in August for fifth straight month

SILVER SPRING, Md. — U.S manufacturing grew at a slightly slower pace last month, continuing a rebound from spring’s coronavirus recession. The Institute for Supply […]
October 1, 2020

Consumer spending gains slow to 1% in August

WASHINGTON — U.S. consumer spending slowed in August and personal income fell as a $600 weekly benefit for Americans who are unemployed during the pandemic […]