Tag: Economy
Child tax credit starts hitting US families’ bank accounts
WASHINGTON — The child tax credit had always been an empty gesture to millions of parents like Tamika Daniel.
...
Lebanon PM-designate steps down after months of deadlock
BEIRUT — Lebanon’s Prime Minister-designate Saad Hariri said Thursday he was stepping down, nine months after he was named to the post by the...
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...
US stocks open lower, pulling further back from records
Stocks are opening broadly lower on Wall Street, pulling major indexes a bit further below the record highs they marked at the beginning of...
Child tax credit starts hitting US families’ bank accounts
WASHINGTON — The child tax credit had always been an empty gesture to millions of parents like Tamika Daniel.
...
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...
Citigroup profits soar due to fewer bad loans
NEW YORK — Citigroup profits jumped more than five fold from a year earlier, helped by an improving economy that resulted in fewer bad...
Big jump in Indiana budget surplus triggering tax refund
INDIANAPOLIS — A big jump in Indiana’s state tax collections will result in a refund for taxpayers, although they’ll have to wait for that...
Report: Appalachian states face billions in mining cleanup
LOUISVILLE, Ky. — The cleanup and reclaiming of coal mines in seven Appalachian states will cost billions, and Kentucky and West Virginia have the...
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...
