Money

  • Business economists lower growth forecasts due to virus
    The nation’s business economists now expect slower economic growth this year due to the widespread delta variant of the coronavirus, while also saying the economy could improve more quickly next year as vaccinations become more acceptedBy The Associated PressSeptember 27, 2021, 8:32 AM• 2 min readShare to FacebookShare to TwitterEmail... Read more
    Source: ABC - Money Published on: 2021-09-27 By The Associated Press
  • Asian shares mixed as virus fears cloud economic outlook
    Asian shares are mixed as skepticism about the regional economic outlook tempered any rally because of worries about further waves of COVID-19 outbreaksBy YURI KAGEYAMA AP Business WriterSeptember 27, 2021, 8:31 AM• 3 min readShare to FacebookShare to TwitterEmail this articleTOKYO -- Asian shares were mixed Monday, as fears of... Read more
    Source: ABC - Money Published on: 2021-09-27 By YURI KAGEYAMA AP Business Writer
  • Asian shares up, Shanghai slips as virus fears cloud outlook
    Asian share are mostly higher, but skepticism about the regional economic outlook tempered the rally amid worries about further waves of COVID-19 outbreaksBy YURI KAGEYAMA AP Business WriterSeptember 27, 2021, 4:33 AM• 3 min readShare to FacebookShare to TwitterEmail this articleTOKYO -- Asian shares were mostly higher Monday, but fears... Read more
    Source: ABC - Money Published on: 2021-09-26 By YURI KAGEYAMA AP Business Writer
  • Biden, Congress face big week for agenda, government funding
    WASHINGTON -- It's a consequential week for President Joe Biden's agenda, as Democratic leaders delicately trim back his $3.5 trillion “Build Back Better" package to win over remaining lawmakers and work to quickly pass legislation to avoid a federal shutdown.An expected Monday vote on a related $1 trillion bipartisan infrastructure... Read more
    Source: ABC - Money Published on: 2021-09-26
  • Pending home sales, CarMax earns, consumer spending
    The National Association of Realtors issues its August tally of pending U.S. home sales WednesdayBy The Associated PressSeptember 27, 2021, 4:10 AM• 2 min readShare to FacebookShare to TwitterEmail this articleA look at some of the key business events and economic indicators upcoming this week:HOUSING MARKET BAROMETEREconomists expect that contract... Read more
    Source: ABC - Money Published on: 2021-09-26 By The Associated Press
  • So close! Iceland almost gets female-majority parliament
    Iceland briefly celebrated electing a female-majority parliament Sunday — before a recount showed the result fell just short of that landmark for gender parity in the North Atlantic island nationBy EGILL BJARNASON Associated PressSeptember 26, 2021, 8:34 PM• 3 min readShare to FacebookShare to TwitterEmail this articleREYKJAVIK, Iceland -- Iceland... Read more
    Source: ABC - Money Published on: 2021-09-26 By EGILL BJARNASON Associated Press
  • UK gas stations run dry as trucker shortage sparks hoarding
    Thousands of British gas stations have run dry, as motorists scrambled to fill up amid a supply disruption due to a shortage of truck driversByThe Associated PressSeptember 26, 2021, 7:13 PM• 2 min readShare to FacebookShare to TwitterEmail this articleLONDON -- Thousands of British gas stations ran dry Sunday, an... Read more
    Source: ABC - Money Published on: 2021-09-26 By The Associated Press
  • Rowdy celebrations erupt in Norway as COVID restrictions end
    Police in Norway have reported dozens of disturbances and violent clashes including mass brawls in the Nordic country’s big cities after streets, bars, restaurants and nightclubs were filled with people celebrating the end of COVID-19 restrictionsByThe Associated PressSeptember 26, 2021, 3:02 PM• 3 min readShare to FacebookShare to TwitterEmail this... Read more
    Source: ABC - Money Published on: 2021-09-26 By The Associated Press
  • What's the price of Biden’s plan? Democrats drive for zero
    WASHINGTON -- What will it cost to enact President Joe Biden’s massive expansion of social programs?Congress has authorized spending up to $3.5 trillion over a decade, but Biden is prodding Democrats to fully cover the cost of the legislation — by raising taxes on corporations and the wealthy, negotiating the... Read more
    Source: ABC - Money Published on: 2021-09-26 By JOSH BOAK Associated Press
  • UK counts on vaccines, 'common sense' to keep virus at bay
    LONDON -- Britons are encouraged these days — though in most cases not required — to wear face coverings in crowded indoor spaces. But Prime Minister Boris Johnson regularly appears in the packed, poorly ventilated House of Commons cheek-by-jowl with other maskless Conservative lawmakers.For critics, that image encapsulates the flaw... Read more
    Source: ABC - Money Published on: 2021-09-26 By JILL LAWLESS Associated Press