Tag: Business
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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Top Senate Dem sets infrastructure vote, pressures lawmakers
WASHINGTON — Senate Majority Leader Chuck Schumer pressured lawmakers Thursday to reach agreement by next week on a pair of massive domestic spending measures,...
U.S. factory output dips 0.1% in June on auto chip shortage
WASHINGTON — U.S. factory output slid last month as a shortage of computer chips disrupted auto production.
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US 30-year mortgage rate falls for 3rd week to average 2.88%
WASHINGTON — Mortgage rates were mixed this week. The benchmark 30-year loan fell for the third straight week amid lingering concerns over the recent...
Cuba’s president says government has some blame for protests
HAVANA — Cuban President Miguel Díaz-Canel on Wednesday acknowledged shortcomings in his government's handling of shortages and of neglecting certain sectors, but he urged...
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...
Data gaps make it difficult to track racial equity funding
EMBARGOED UNTIL 10AM
More than a year after the police killing...
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...
How the expanded child tax credit payments work
The Biden administration is beginning to distribute expanded child tax credit payments, giving parents on average $423 this month, with payments continuing through the...
Company says expansion will shore up US medical supply chain
WEST COLUMBIA, S.C. — A South Carolina-based pharmaceutical manufacturer is launching a $100 million expansion, something officials say is part of a broader effort...