Economy

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EU files antitrust charges against Amazon

EU executive commission charges Amazon systematically uses non-public business data to avoid “the normal risks of competition and to leverage its dominance.”

Economy

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Market surges to record numbers Monday as Pfizer announces effective vaccine results

The Dow jumped more than 5% as markets opened Monday

Economy

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U.S. adds 638,000 jobs in October, unemployment rate drops to 6.9%, report

The coronavirus has hurt the global economy

Economy

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First-time U.S. unemployment claims top 750,000 this week

Jobless figures remain constant as global markets react to U.S. election

Economy

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New, third-quarter GDP numbers sign 2020 economic losses could half what expected, White House

The U.S. economy more than doubled the record set in 1950 during the third quarter

Economy

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Walmart takes guns, ammunition off U.S. shelves amid looting related to social justice protests

The giant discount retailer will continue to sell the merchandise, despite removing it from shelves.

Economy

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U.S. GDP grew at 33.1% annualized rate in third quarter, feds report

The GDP has now recovered about 2/3rds of what was initially lost in the coronavirus-induced recession

Economy

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U.S. GDP grew at record 33.1% annualized rate in third quarter, as economy roars back from COVID

Commerce Department reported Thursday that GDP grew in third quarter annualized rate of 33.1%, 7.4% from July to September

Economy

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Dow plummets 800 points Wednesday, as investors react to uptick in virus numbers

Broad indexes around the globe took losses on Wednesday

Economy

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Dow drops 300 points amid investor concerns about increasing COVID-19 cases

The S&P 500 dropped 1.1%, and the Nasdaq Composite dropped 0.5%.