Walgreens is joining rival drugstore chain CVS Health in expanding home deliveries for prescriptions nationwide, as stores continue adjusting to a retail world made more consumer-friendly by online competition. Walgreens said Thursday it will partner with FedEx to deliver prescriptions ...
Read More »Record imports push US trade gap to $55.5 billion in October
Record imports in October drove the U.S. trade deficit to the highest level in a decade. The Commerce Department said Thursday that the gap between the United States sells and what it buys from foreign countries hit $55.5 billion in ...
Read More »Survey: US businesses added a solid 179,000 jobs last month
U.S. businesses hired new workers at a solid pace in November, adding 179,000 jobs, according to a private survey. The report comes as other data also suggest the U.S. economy remains healthy, even as the financial markets have gyrated due ...
Read More »US productivity up 2.3% in third quarter
U.S. productivity grew at an annual rate of 2.3 percent in the July-September quarter, slower than the previous quarter, though still an improvement from the weak annual gains of the past decade. Labor costs rose at a modest pace in ...
Read More »Fed Chairman Powell says economic challenges remain
Federal Reserve Chairman Jerome Powell said Monday that despite solid economic progress, the country still faces a number of challenges ranging from slow wage-growth for lower-income workers to sluggish productivity and an aging population. Powell said in remarks at a ...
Read More »Survey: Skilled-worker shortage hurts Midwest economy
The economy continued to expand in nine Midwestern and Plains states last month though it was hampered by shortages of skilled workers, according to monthly survey results released Monday. The Mid-America Business Conditions Index dropped to 54.1 in November from ...
Read More »In GM country, workers aren’t abandoning Trump – so far
Since General Motors announced its decision last week to shut down its hulking Lordstown plant — the anchor of this northeast Ohio town — workers on the line have had nothing but questions. Will they have jobs come spring? Should ...
Read More »Edmunds: 4 can-do crossovers for under $30,000
Crossover SUVs are growing in popularity every year. They provide lots of interior space, an easy-to-drive demeanor and optional all-wheel drive for enhanced traction in poor road conditions. They’re also available with all of the latest safety tech and infotainment ...
Read More »Massive, extended data breach within Marriott’s hotel empire
A security breach inside Marriott’s worldwide hotel empire has compromised the information of as many as 500 million guests, exposing in some cases credit card numbers, passport numbers and birthdates, the company said Friday. Alarming security analysts, Marriott said that ...
Read More »Consumer spending up strong 0.6 percent in October
Consumers boosted their spending in October at the fastest pace in seven months, while their incomes rose by the largest amount in nine months — both good signs for future economic growth. Consumer spending rose a sharp 0.6 percent last ...
Read More »Pending home sales fell 2.6 percent in October
Pending home sales sank in October, as higher mortgage rates have worsened the affordability of home ownership and dampened enthusiasm among would-be buyers. The National Association of Realtors said Thursday that its pending-home-sales index fell 2.6 percent last month to ...
Read More »