Lebanon’s PM-designate steps down after months of deadlock
BEIRUT — Lebanon’s Prime Minister-designate Saad Hariri stepped down Thursday, citing “key differences” with the president after nine months of political wrangling that failed...
US unemployment claims fall to 360,000, a new pandemic low
WASHINGTON — The number of Americans applying for unemployment benefits has reached its lowest level since the pandemic struck last year, further evidence that...
Money in the bank: Child tax credit dollars head to parents
WASHINGTON — The child tax credit had always been an empty gesture to millions of parents like Tamika Daniel.
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US unemployment claims fall to 360,000, a new pandemic low
WASHINGTON — The number of Americans applying for unemployment benefits has reached its lowest level since the pandemic struck last year, further evidence that...
Stocks edge lower, easing indexes below recent record highs
Stocks edged lower Thursday, pulling major indexes a bit further below the record highs they marked at the beginning of the week. Investors continue...
Acclaim, fundraising spread unevenly among Black colleges
ATLANTA — Two recent high-profile faculty appointments could be a fundraising and enrollment bonanza for Howard University, one of the nation’s most prestigious Black...
Wells Fargo beats expectations with $6 billion profit in 2Q
SILVER SPRING, Md. — Wells Fargo had its most profitable quarter in two years, easily beating Wall Street estimates as the global economy continues...
Powell says inflation will be ‘elevated’ in coming months
WASHINGTON — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price...
Fed survey: US economy strong but hindered by bottlenecks
WASHINGTON — The Federal Reserve's latest nationwide business survey found that the economy strengthened further in late May and early June, despite supply-chain bottlenecks...
Touting new trains, Amtrak CEO foresees riders heading back
DETROIT — Amtrak is betting big on a return of ridership.
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