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ABC News: Money

100 teens get lifetime support to foster global 2021-10-25 08:47:32The first 100 winners of an initiative to nurture talented teens worldwide have been named

Whistleblower Haugen to testify as UK scrutinizes Facebook 2021-10-25 08:30:34Frances Haugen plans to answer questions from lawmakers in the UK.

Tesla wants to keep secret its response in 2021-10-25 08:19:55Tesla wants to keep secret its response to the U.S. government’s request for information in an investigation of its Autopilot partially automate

Facebook's language gaps weaken screening of hate, terrorism 2021-10-25 08:01:06Across the Middle East, journalists, activists and others have long accused Facebook of censoring their speech

EXPLAINER: Just what are 'The Facebook Papers,' anyway? 2021-10-25 06:59:16The Facebook Papers project represents a unique collaboration among 17 American news organizations, including The Associated Press

Merck asks EU regulator to authorize pill that 2021-10-25 06:35:00Pharmaceutical company Merck has asked the European Medicines Agency to authorize its COVID-19 antiviral treatment

AP source: Manchin agreeable to wealth tax for 2021-10-25 05:14:46White House proposals for new taxes on billionaires and certain corporations to help pay for President Joe Biden’s big domestic policy bill is d

Asia stocks mixed after Wall St slips, China 2021-10-25 04:56:46Global stock markets rose Monday after Wall Street slipped and China tightened travel controls in some areas in response to coronavirus infections

Toyota testing hydrogen combustion engines in race cars 2021-10-25 04:15:52Toyota says its testing hydrogen combustion engines in race cars.

Proposed mine tests UK climate efforts ahead of 2021-10-25 02:25:47A proposal to dig a new coal mine in northern England is dividing the British government just as it prepares to host a major climate conference

This Week: New home sales, Apple earns, consumer 2021-10-25 01:10:30The Commerce Department issues its September tally of new U.S. home sales Tuesday

Business economists less optimistic about next year's growth 2021-10-25 00:01:30The nation’s business economists are slightly less optimistic about growth prospects over the next year

L.A. Times - Business

Shaq finally sells Florida mega-mansion for $11 million 2021-10-22 17:10:42After three years of relists, NBA legend Shaquille O'Neal has finally sold his Shaq-sized mansion outside Orlando for $11 million.

California's job growth took a hit as the 2021-10-22 16:41:52California's job growth slowed last month and its unemployment rate remained high as the state struggled to recover economic momentum.

Workers are fed up. But is this really 2021-10-22 14:17:42After decades of stagnating wages and diminishing pension and healthcare benefits, many U.S. workers are fed up. A small but growing number are organi

For a 'bizarre thrill,' visit an open house 2021-10-22 08:00:01Nile Niami's "The One" ultra-mega-mansion won't be hosting an open house, but plenty of other super-luxe homes will. Here's some, and how to find

Southern California will soon have the tallest single-track 2021-10-21 15:14:20An upcoming Wonder Woman ride marks the 20th roller coaster at Six Flags Magic Mountain

Pandemic spurs young families to leave big cities 2021-10-21 09:37:22New telework opportunities could slow exodus from rural America, but housing and lifestyle challenges abound.

Column: Democrats are talking about means-testing more social 2021-10-21 09:00:44Means-testing social programs can doom them to failure. Here's why.

When truckers voted to unionize, their employer retaliated 2021-10-20 23:10:58Mere weeks after a group of port truck drivers voted to unionize, they opened their mailboxes to find termination notices from their employer. That le

El Segundo semiconductor maker goes public in billion-dollar 2021-10-20 18:24:19For faster charging and more efficient use of energy, Navitas thinks gallium nitride beats silicon.

Column: Facebook, fooling no one, may be going 2021-10-20 15:45:03Facebook is reportedly considering a name change. Marketing experts say the move makes sense, both as damage control and as an evolution of the brand.

Column: The IRS wanted a new tool to 2021-10-20 15:02:02President Biden wants to step up the war on tax cheats, so of course the GOP and banks object.

Offers due on Halloween for L.A.'s famous 'Nightmare 2021-10-20 11:00:20In Spaulding Square, the famous house from the 1980s horror hit 'A Nightmare on Elm Street' is listing for sale at $3.25 million.


Fed's Barkin backs tapering plans and expresses concern 2021-10-15 11:17:35Richmond Fed President Thomas Barkin said he's on board with reducing the amount of economic help the central bank is providing.

Retail sales unexpectedly rise in September as consumers 2021-10-15 09:41:36Consumers spent at a much faster pace than expected in September, defying expectations for a pullback amid pervasive supply chain problems.

Jobless claims fall below 300,000 for the first 2021-10-14 09:54:34Initial claims for unemployment insurance for the week ended Oct. 9 were expected to total 318,000.

Fed says it could begin 'gradual tapering process' 2021-10-13 20:14:44The Federal Open Market Committee on Wednesday released minutes from its Sept. 21-22 policy meeting.

Consumer prices rise more than expected as energy 2021-10-13 11:30:26Consumer prices increased slightly more than expected in September as food and energy price rises offset declines in used cars, the Labor Department s

A record 4.3 million workers quit their jobs 2021-10-13 09:26:47Job openings declined sharply in August while hiring also fell and the level of workers quitting their jobs hit the highest level since at least late

Weekly mortgage demand stalls, as rates jump to 2021-10-13 07:00:02Mortgage rates continued their trudge higher last week, leaving most homeowners with little to no incentive to refinance.

September's jobs creation comes up short with gain 2021-10-12 14:45:44Nonfarm payrolls were expected to increase by 500,000 in September, according to economists surveyed by Dow Jones.

Fed Governor Lael Brainard is in line for 2021-10-11 12:29:34Fed Governor Lael Brainard should figure prominently as President Joe Biden weighs who will chair the central bank and who will specifically supervise

Strong wage gains cast doubt that inflation is 2021-10-08 20:30:43September's wage gains provided more fuel to the argument that the current pace of inflation could run longer than many economists anticipate.

As mortgage rates shoot even higher, refinance demand 2021-10-07 15:40:00A sharp jump in mortgage interest rates over the past few weeks is taking its toll on mortgage demand.

Jobless claims post sharp decline to 326,000, better 2021-10-07 11:49:11Initial filings for jobless benefits were expected to total 345,000 for the week ended Oct. 2, according to economists surveyed by Dow Jones.

NYT > Economy

Biden's Stimulus Is Stoking Inflation, Fed Analysis Suggests New! 2021-10-26 08:36:00The American Rescue Plan could be pushing inflation up slightly and temporarily, a Federal Reserve Bank of San Francisco analysis said.

Persistent Inflation Threatens Biden's Agenda New! 2021-10-26 05:00:22Supply chain disruptions, a worker shortage and pain at the gasoline pump have made inflation an economic and political problem for the White House.

Missing Foreign Workers Add to Hiring Challenges 2021-10-25 13:47:48Fewer foreign people have been able to work in the U.S. amid the coronavirus, leaving a hole in the potential labor force.

Rising Rents Stoke Inflation Data, a Concern for 2021-10-22 07:41:05Economic policymakers have said inflation will prove temporary, but rising rents may challenge that view and pressure Washington to react.

Return to Office Makes a Big Difference for 2021-10-22 05:00:32The generational divide on returning to the office is not neatly drawn. For some young professionals, even in a pandemic, showing up is more than half

Stocks Hit a Record as Investors See Progress 2021-10-21 18:02:09After weeks of fluctuations driven in part by Washington gridlock, share prices hit another high and put a dismal September in the rearview mirror.

Fed Ethics Office Warned Officials to Curb Unnecessary 2021-10-21 14:12:09Months later, some Federal Reserve leaders resumed their market activity, stoking a scandal now engulfing the central bank.

OSHA, citing Covid failures, moves to strip three 2021-10-20 06:57:49The agency said Arizona, South Carolina and Utah had failed to adopt rules protecting workers from the coronavirus.

Debate Weighs Price of Biden’s Big Plan vs. 2021-10-19 15:52:20Democrats are debating whether doing nothing will cost more than doing something to deal with climate change, education, child care, prescription drug

Democrats Are Divided on Obama-Era Debt and Spending 2021-10-19 15:51:49A more traditional view is competing against a newer approach that has become mainstream among economists.

The Economic Rebound Is Still Waiting for Workers 2021-10-19 14:32:18Despite school reopenings and the end of some federal aid, many people are in no rush to land a job. Savings and health concerns are playing a role.

Biden's Paid Leave Plan at Risk as Lawmakers 2021-10-18 19:12:37An initial proposal to offer workers 12 weeks of paid leave could be whittled down as Democrats try to trim their $3.5 trillion social policy bill.