First-time claims are up, a potential warning sign for job growth in the coming months.
Category Archives: business
China fines tech giants in bid to tighten control of fast-developing industries
China’s leaders worry about the dominance of its biggest internet companies, which are expanding into finance, health services and other sensitive areas.
Bill, Melinda Gates to run foundation jointly after divorce
If French Gates resigns, Gates would essentially buy her out of the foundation, one of the world’s largest private charitable organizations.
The massive ship that blocked the Suez Canal has finally set sail again
The Ever Given blockage had brought the key global trade route to a standstill and captured global attention.
Pentagon cancels $10 billion cloud contract that Amazon and Microsoft fought over
The Department of Defense announced Tuesday it’s calling off the $10 billion cloud contract that was the subject of a legal battle involving Amazon and Microsoft.
Post-quarantine retail therapy: teeth whitener, wigs and… camping gear
Consumers are ready to splurge, snapping up products that will get them out of the house — and looking good.
Is this the end of OPEC? How Saudi Arabia and UAE infighting threatens the future of the oil alliance
“OPEC+ has been thrown its most serious crisis since last year’s ill-fated price war between Saudi Arabia and Russia,” said one energy expert.
How did the housing market turn white-hot? It wasn't just the pandemic
Trouble was brewing before the current boom in housing prices, experts say, with lower-income and first-time homebuyers facing rising hurdles to homeownership.
Digital nomads embraced Covid's work-life flexibility. Now their offices want them back.
Covid-19 opened up the possibility of a nomadic lifestyle to entirely new groups of people. Now, many of them don’t want to go back.
Amazon's new CEO has multibillion-dollar shoes to fill — and a litany of obstacles to tackle
Monday marks the first day as Amazon CEO for Andy Jassy, who worked for almost a quarter-century beside Jeff Bezos.