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ABC News: Money

Deaf Costco worker with mumbling manager won't get New! 2021-02-24 09:08:44A deaf former employee of a South Florida Costco store won’t be collecting the $775,000 a federal jury awarded her in a discrimination and wrong

The Latest: Johnson & Johnson single shot awaits New! 2021-02-24 08:48:45An analysis by U.S. regulators say Johnson & Johnson’s single-dose vaccine protects against COVID-19

J&J single-dose COVID-19 shot poised for FDA decision New! 2021-02-24 08:28:43An analysis by U.S. regulators says Johnson & Johnson's single-dose vaccine protects against COVID-19

ExxonMobil selling some assets for more than $1B New! 2021-02-24 08:26:59ExxonMobil is selling most of its upstream assets in the United Kingdom central and northern North Sea to HitecVision for more than $1 billion

Stocks pick up as investors look to more New! 2021-02-24 08:03:46World shares have picked up on positive economic data in Europe and as investors look to a second day of testimony by Federal Reserve Chair Jerome Pow

Germany finds huge cocaine shipment; Dutch discover 2nd New! 2021-02-24 07:37:00Authorities say German customs officials have found more than 16 metric tons of cocaine in containers that arrived in Hamburg from Paraguay

Edmunds compares new Escalade, Navigator and Mercedes GLS New! 2021-02-24 07:20:19Edmunds compares the 2021 Cadillac Escalade with the Lincoln Navigator and Mercedes-Benz GLS, three of the most desirable luxury SUVs you can buy

German economy grew 0.3% in Q4, better than New! 2021-02-24 06:25:20Official statistics show that the German economy grew 0.3% in last year’s fourth quarter compared with the previous three-month period — a

Biden to order a review of US supply New! 2021-02-24 05:30:00President Joe Biden is preparing to sign an executive order to review U.S. supply chains for large-capacity batteries, pharmaceuticals and critical mi

Nissan ex-CEO tells Japanese court Ghosn's pay was New! 2021-02-24 04:12:15Former Nissan Chief Executive Hiroto Saikawa has told a Japanese court he believed the compensation for his predecessor Carlos Ghosn was too low &ldqu

FAA grounds certain planes after engine failure over New! 2021-02-24 00:25:00The Federal Aviation Administration has ordered airlines in the United States to ground planes with the type of engine that blew apart after takeoff f

Asian shares slip on jitters over inflation, interest New! 2021-02-23 23:15:02Shares are lower in Asia as investors weigh the possibility that inflation might prompt central banks to adjust their ultra-low interest rate policies

L.A. Times - Business

Lakers' Dennis Schroder lands in Tarzana New! 2021-02-24 17:18:10Lakers point guard Dennis Schroder has shelled out $4.275 million for a modern Tarzana home with a basketball court.

Mike Huckabee hauls in $9.4 million for Florida New! 2021-02-24 14:39:16In Florida, former Arkansas Gov. Mike Huckabee just sold his three-story beach house overlooking the Gulf of Mexico for $9.4 million.

Disney California Adventure park to reopen for food New! 2021-02-24 14:21:53A Touch of Disney at Disney California Adventure will welcome ticketed visitors to stroll through the park and purchase food, drinks and merchandise.

Column: Neera Tanden and the 'civility' police New! 2021-02-24 13:43:58OMB nominee Neera Tanden is being keelhauled by conservatives for incivility on Twitter. Where have they been for four years?

Column: Providence Health denies claim that it's punishing New! 2021-02-24 08:08:08A Catholic hospital chain blames its partner, Hoag Memorial Hospital, for their bad blood.

How far will Biden go to fix the New! 2021-02-24 08:00:18Sempra Energy is seeking federal approval for a new proposal to ship fossil fuel overseas.

Biden to order review of critical U.S. supply New! 2021-02-24 05:00:38President Biden wants to review supply chains for semiconductors, advanced batteries, medical supplies and rare earth metals amid concerns the U.S. is

Lena Dunham lists 102-year-old bungalow in Spaulding Square 2021-02-23 15:41:10In Spaulding Square, Lena Dunham of 'Girls' fame is asking $2.795 million for her century-old bungalow of six years.

Airbnb for gardens is a thing. Rent an 2021-02-23 11:00:41Staying indoors is driving us crazy. Thanks to a new company, you can book a garden in Los Angeles just like an Airbnb.

Walton Goggins is selling his Hollywood haunt for 2021-02-23 09:00:15Actor Walton Goggins is asking $3.35 million for his 1920s English country-style residence tucked above Hollywood Boulevard.

Column: Are you giving your pets supplements to 2021-02-23 08:00:37Sales of pet supplements soared by 21% last year as people tried to protect their furry friends from COVID-19. Experts say there's no need.

California legislators approve $7.6-billion COVID-19 package, including $600 2021-02-22 19:30:12Crafted by Gov. Gavin Newsom and legislative leaders last week, the pandemic assistance plan also includes $4 billion in grants, tax breaks and fee wa

Economy

Powell says inflation is still 'soft' and the 2021-02-23 11:52:55Fed Chairman Jerome Powell told the Senate Banking Committee that price pressures remain mostly muted and the economic outlook is still "highly uncer

December home prices rose 10.4%, the biggest gain 2021-02-23 09:35:10December is usually the slowest month for the housing market, but price gains didn't slow down one bit in 2020.

Treasury Secretary Janet Yellen makes push for major 2021-02-18 17:49:45"We think it's very important to have a big package [that] addresses the pain this has caused," Yellen told CNBC.

Jobless claims show unexpected move higher 2021-02-18 09:35:46First-time filings for jobless claims totaled 861,000 last week, above the Dow Jones estimate of 773,000.

Homebuilder confidence improves, despite record high lumber prices 2021-02-17 11:16:39Buyer demand for newly built homes continues to surge, and that is keeping builder confidence high even as building material prices climb.

Household debt rises to $14.6 trillion due to 2021-02-17 11:05:20Debt increased 1.4% for the final three months, representing another $206 billion as households took advantage of low interest rates.

Retail sales burst higher in January as consumers 2021-02-17 10:16:23Consumers flocked to spend their stimulus checks in January, sending retail sales for the month up 5.3% in a blockbuster start to 2021.

‘This is not inflation’: Economist says expectations are 2021-02-17 08:32:16Inflation expectations are detaching from reality, meaning markets might be overplaying the rise in U.S. Treasury yields, says Carl Weinberg, chief ec

Retail sales expected to be strong in January, 2021-02-17 07:33:41Aided by government stimulus checks, consumers are expected to have boosted their spending in January, and the trend is likely to continue.

Fed's Bullard doesn't see asset bubble and doubts 2021-02-16 10:20:13Bullard told CNBC that there aren't clear signs of excesses, though he conceded that stocks are "highly valued on the whole."

Fed's Harker says inflation won't be posing a 2021-02-11 18:50:12Harker faced a question posed repeatedly to Fed officials in recent days over whether its easy monetary policy could stoke price pressures.

Deficit projected at $2.3 trillion for 2021, not 2021-02-11 16:01:10The federal budget deficit is projected at $2.3 trillion in the 2021 fiscal year, a drop from last year but well ahead of anything the U.S. has ever s

NYT > Economy

On the Post-Pandemic Horizon, Could That Be … 2021-02-21 15:00:07Signs of economic life are picking up, and mounds of cash are waiting to be spent as the virus loosens its grip.

Airbnb Is Driving Hosts Elsewhere With Costly Pandemic 2021-02-21 14:30:07Hurt by refunds, some are trying to cut the site out of bookings or taking legal action. The company says it is working to reduce tensions.

Hurt by Lockdowns, California’s Small Businesses Push to 2021-02-19 18:26:51The pain for such enterprises been particularly acute in the state, leading some to back an effort to replace Gov. Gavin Newsom.

Kamala Harris: Women Leaving Work Force During Pandemic 2021-02-18 23:28:57“In one year,” Vice President Kamala Harris said, “the pandemic has put decades of the progress we have collectively made for women

As Winter Sweeps the South, Fed Officials Focus 2021-02-18 21:49:21A top Federal Reserve official says climate scenario analysis could be valuable in making sure that banks mind their climate-tied weak spots.

Global Chip Shortage Challenges Biden’s Hope for Manufacturing 2021-02-18 16:11:22A global shortage of a key component for cars and electronics has shuttered American factories and set off fierce competition to secure supplies.

Should the Feds Guarantee You a Job? 2021-02-18 12:36:32Not long ago, the question was rarely asked. Now, politicians and economists of various stripes are willing to consider it.

Winter Storm Disrupts Automakers, Retailers and Delivery Services 2021-02-17 22:26:39Power outages, natural gas shortages and icy conditions made it hard for automakers, retailers and delivery carriers to operate across much of the Sou

Retail Sales Jumped 5.3% in January, Far Higher 2021-02-17 16:06:16Stimulus money sent at the end of 2020 appeared to translate into spending, rather than saving, reversing three consecutive months of declines.

Biden and China: Administration Rethinks Relations 2021-02-17 14:22:32The Biden administration is under intense pressure to maintain former President Donald J. Trump’s curbs on China, even as it tries to develop a

Pete Wells's Odyssey as Restaurant Critic During Pandemic 2021-02-17 05:00:16To capture New York’s food scene in these times, I’ve adapted to many roles. But the essence of my job remains the same: hunting for a goo

Biden and the Fed Leave 1970s Inflation Fears 2021-02-16 00:25:23Administration and Fed officials argue that workers not getting enough stimulus help is a larger concern than potential spikes in consumer prices.