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Economy

ABC News: Money

China manufacturing improves as power shortages ease New! 2021-11-29 23:48:16A survey shows China’s manufacturing activity rebounded in November as orders improved and power shortages eased

Chris Cuomo's off-air role: Brother Andrew's strategist New! 2021-11-29 22:24:01Transcripts released Monday shed new light on how CNN anchor Chris Cuomo than previously known in helping defend his brother, former New York Gov. And

US stocks start higher, regaining footing after slump New! 2021-11-29 21:59:16Asian shares are mixed as investors continue to cautiously weigh how much damage the new omicron coronavirus variant may unleash on the global economy

LA begins enforcing strict mandate requiring proof of New! 2021-11-29 20:35:09Enforcement began in Los Angeles for one of the strictest vaccine mandates in the country

New Twitter CEO steps from behind the scenes New! 2021-11-29 19:23:33Newly named Twitter CEO Parag Agrawal (PUH-rag AH-gur-wahl) has emerged from behind the scenes to take over one of Silicon Valley’s highest-prof

Cyber Monday caps holiday shopping weekend as virus New! 2021-11-29 19:10:16Americans are spending freely and going back to store shopping, knocking out some of the momentum in online sales from last year when Americans were m

Amazon workers in Alabama get a do-over in New! 2021-11-29 18:51:31A new union election for Amazon workers in Bessemer, Alabama will be held based on objections to the first vote that took place in April

The Latest: CDC says ages 18 and up New! 2021-11-29 18:36:59The Centers for Disease Control and Prevention on Monday broadened its recommendation for COVID-19 booster shots for all adults as the new omicron var

Portugal probes local transmission of omicron at soccer New! 2021-11-29 18:25:29Portuguese health authorities have identified 13 cases of the omicron coronavirus variant among members of a top soccer club, and were investigating p

States, cities running out of rental assistance monies New! 2021-11-29 18:25:04The Treasury Department says several states and cities have exhausted their federal rental assistance in a sign that spending on a program aimed at av

Powell says COVID variant clouds inflation, economic outlook New! 2021-11-29 17:52:10Federal Reserve Chair Jerome Powell says that the appearance of a new COVID-19 variant could slow the economy and hiring

Twitter CEO steps down, leaves company at a New! 2021-11-29 17:48:16Jack Dorsey is leaving his post as Twitter’s chief executive

L.A. Times - Business

Henry Rollins is selling his industrial compound in 2021-11-23 17:31:55In Nichols Canyon, singer Henry Rollins is shopping around his hyper-masculine home of 13 years for $3.9 million.

Column: Texas court says you can't force a 2021-11-23 11:54:46In victory for public health, a Texas court threw out a ruling requiring ivermectin for a COVID-19 patient.

Is your Christmas present spying on you? How 2021-11-23 09:00:59As more products come with sensors, microphones and internet connections, the privacy risks grow. Look for these red flags in gifts you buy this holid

A new breed of brazen takeover robbers hitting 2021-11-23 08:00:21High-end retailers such as Nordstrom and Louis Vuitton have been targeted by brazen robbers in Northern and Southern California, raising alarm among a

Matt Damon unloads Pacific Palisades mansion for $18 2021-11-22 15:25:10In Pacific Palisades, Oscar-winning actor Matt Damon has sold his architectural mansion to Warner Bros. CEO Ann Sarnoff for $18 million.

Column: Biden nominee Omarova faces an ugly attack 2021-11-22 14:37:10Banks and the right wing know Saule Omarova may be an effective regulator, so they're absurdly attacking her as a communist.

How to find (and survive) a Buy Nothing 2021-11-22 08:00:31Buy Nothing groups are easier to find and join than ever. But there are rules and ethics and etiquette to consider.

What supply chain mess? For Buy Nothing devotees, 2021-11-22 08:00:15Buy Nothing Project group members may be among the few who aren't worried about supply chain problems leading to issues with gifts this holiday seaso

Photos: After a one-year hiatus, L.A. Auto Show 2021-11-19 22:00:55Battery-powered vehicles will get top billing at the Los Angeles Auto Show, which opened this week after a year's hiatus.

Column: A new research paper adds to the 2021-11-19 14:18:24A new study supports the scientific consensus that COVID-19 reached humans from the animal kingdom, not a Chinese laboratory.

Column: Wells Fargo found another way to abuse 2021-11-19 09:00:15Wells Fargo had found a way to charge some of its customers $30 to transfer funds from one division of the bank to another when paying off a mortgage.

A sport-fishing boat pollutes 'as much as 162 2021-11-19 08:00:38Sport-fishing and excursion boat owners feel unfairly targeted by California's Air Resources Board, which recognizes new emission rules will cost bus

Economy

Fed members ready to raise interest rates if 2021-11-24 19:21:20Minutes from the November Fed meeting show members concerned about inflation and willing to raise interest rates should it continue to run hot.

Inflation is not going away any time soon 2021-11-24 18:13:46Inflation has blossomed into a chief concern for the White House, which has ramped up efforts to remedy supply-chain interruptions.

The Federal Reserve is likely to become a 2021-11-24 15:24:40Expect more tough talk from the Federal Reserve as it may weigh winding down its bond program sooner than expected.

How climate change is raising the price of 2021-11-24 12:05:31Many of the ingredients that go into holiday pies have been hit by floods, fires and drought, causing shortages and pushing prices higher.

Weekly jobless claims post stunning decline to 199,000, 2021-11-24 11:02:03Initial jobless claims totaled 199,000 last week, the lowest since 1969, easily beating Dow Jones estimates for 260,000.

Key inflation figure for the Fed up 4.1% 2021-11-24 10:42:09Prices for core personal consumption expenditures increased 4.1% from a year ago, the highest since January 1991.

Unusual holiday home-buying surge pushes mortgage demand higher 2021-11-24 07:00:01An unusual fall surge in home buying is driving mortgage demand higher, even as interest rates rise.

Not since Americans came home from World War 2021-11-24 06:39:55Not since Americans came home from World War II has inflation percolated through the economy like it is now, and it could continue to do so for month

Biden picks Jerome Powell to lead the Fed 2021-11-22 19:38:22President Joe Biden made the announcement Monday morning following weeks of speculation that Fed Governor Lael Brainard could get the spot.

Home sales rose in October as investors rushed 2021-11-22 15:11:32Home sales rose in October compared with September, as a larger share of investors moved into the market.

Here's what you need to know about Lael 2021-11-22 14:47:57Biden's decision to nominate Lael Brainard is thought to be the work of progressives, who say she'll put emphasis on climate change and equitability

Market is ‘one more bad inflation report’ away 2021-11-22 10:02:26Long-term market bull Jeremy Siegel warns the Federal Reserve will likely take a more aggressive approach to fighting inflation within weeks.

NYT > Economy

The Inflation Miscalculation Complicating Biden’s Agenda 2021-11-24 07:20:07Administration officials blame the Delta variant for a prolonged stretch of consumer spending on goods, rather than services, pushing up prices and cr

Ifeoma Ozoma Blew the Whistle on Pinterest. Now 2021-11-24 05:00:27Ifeoma Ozoma, who accused Pinterest of discrimination, has become a key figure in helping tech employees disclose, and fight, mistreatment at work.

Inflation Batters Pakistan and Puts Pressure on Imran 2021-11-23 17:25:14Rising prices and a weakened currency are straining households, intensifying pressure on Prime Minister Imran Khan to find solutions.

As Virus Cases Rise in Europe, an Economic 2021-11-23 14:50:05A series of restrictions, including a lockdown in Austria, is expected to put a brake on economic growth.

Elizabeth Warren Says She Will Oppose Jerome Powell’s 2021-11-23 07:26:03“I will vote against him,” the senator said in a statement, but other powerful lawmakers said his reappointment would provide economic sta

Biden Will Keep Jerome Powell as Federal Reserve 2021-11-22 20:58:10The White House returned to a longstanding pattern in which presidents reappoint the same leader of the Federal Reserve regardless of partisan identit

Lael Brainard is Tapped For Vice Chair of 2021-11-22 19:21:00The longtime Washington insider is now the central bank’s No. 2. That could give her more bandwidth to influence policy.

Thanksgiving Holiday Travel Will Test Airlines 2021-11-22 17:51:31Thanksgiving will be the biggest test of the system’s resilience since the pandemic began, with millions more passengers than last year.

Behind the Powell Pick: A Bet the Economy 2021-11-22 15:33:04President Biden views the incumbent Fed chair as sharing his values on price growth and the pursuit of a lower unemployment rate to help Black, Hispan

$15 minimum wage for federal contractors will take 2021-11-22 12:48:59The Labor Department issued a final rule carrying out an April executive order from President Biden. It could affect more than 300,000 workers.

Teamsters Vote for Sean O'Brien, a Hoffa Critic, 2021-11-19 14:45:09Sean O’Brien scored a decisive victory among union members after criticizing the current leadership as too timid in UPS talks and Amazon organiz

Sean O'Brien, a Hoffa Critic, Claims Victory in 2021-11-18 19:56:39Sean O’Brien said he would be more aggressive than the incumbent, James P. Hoffa, in his approach to Amazon and UPS.