Have a seat: Patio furniture shortage tells US economic tale
As America hurtles out of the July 4th weekend into the heart of summer, the outdoor furniture industry provides a snapshot of the dilemmas confronting the economy.
Associated Press
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A pandemic clothing purge is on as normal life resumes in US
A wardrobe purge is on for some as vaccinations have taken hold, restrictions have lifted, and offices reopen or finalize plans to do so.
Fed officials discuss timing of reducing bond purchases
The discussions, revealed in the minutes of the Fed’s June meeting released Wednesday, indicate that the Fed is moving closer to tapering those purchases, even though most analysts don’t expect a reduction until late this year.
Trump files suit against Facebook, Twitter and YouTube
Former President Donald Trump has filed lawsuits against three of the country’s biggest tech companies, claiming he and other conservatives have been wrongfully censored.
Is Thursday the new Monday? Employers still navigating flexible work arrangements.
Last year, companies around the U.S. scrambled to figure out how to shut down their offices and set up their employees for remote work. Now, they are scrambling to figure out the best way to bring many of those employees back.
Pressure grows on Biden to curb ransomware attacks
Although last week’s attack appears to have caused what Biden called “minimal damage” to U.S. businesses, it rattled national security officials, and personnel at key federal agencies worked through the July 4 holiday weekend to assess the damage.
Biden: U.S. damage appears minimal in record ransomware attack
On Wednesday, President Joe Biden and Vice President Kamala Harris will lead an interagency meeting to discuss the administration’s efforts to counter ransomware.
UPDATE: Judge letting Indiana’s governor sue to block emergency law
Judge Patrick Dietrick wrote in the ruling dated Saturday that such an interpretation would give the attorney general greater power than the governor in protecting the governor’s constitutional powers.
New U.S. rules for animal farmers expected this week
The new rule that will make it easier for farmers to sue companies they contract with over unfair, discriminatory or deceptive practices.
Southwest, American delays hint at hard summer for air travelers
Southwest Airlines customers have struggled with thousands of delays and hundreds of canceled flights in the past three weeks. American Airlines is also grappling with a surge in delays, and it has trimmed its schedule through mid-July.
Fallout continues from biggest global ransomware attack
Thousands of organizations—largely firms that remotely manage the IT infrastructure of others—were infected in at least 17 countries in the assault. The notorious REvil gang is seeking tens of millions of dollars in extortion payments.
U.S. plans to make airlines refund fees if bags are delayed
In 2019, the last full year before the pandemic, passengers paid U.S. airlines $5.76 billion in fees on checked bags, according to the Transportation Department.
Justices turn away florist who refused same-sex wedding job
The Supreme Court on Friday declined to take up the case of a florist who refused to provide services for a same-sex wedding, leaving in place a decision that she broke state anti-discrimination laws.
U.S. added 850,000 jobs in June as labor market showed renewed strength
The news is likely to be seen as a good sign for the economy more than one year into the pandemic, after numerous wrinkles have emerged to complicate a labor recovery many hoped would be faster at this level of vaccinations.
Subsidizing spokes: Amazon to reimburse bicycling office employees
The benefit can reimburse the cost of using a bike-sharing program, parking and even maintenance to cover two tune-ups a year, the company said.
As companies scramble to hire, workers enjoy upper hand
There are signs that people are re-evaluating their work and personal lives and aren’t necessarily interested in returning to their old jobs, particularly those that offer modest wages.
130 countries back deal on global minimum tax for companies
The agreement announced Thursday is an attempt to address challenges presented by a globalized and increasingly digital world economy in which profits can be relocated across borders.
Does new Alzheimer’s drug work? Answer might be 9 years away
Drugmaker Biogen has until 2030 to complete a study confirming whether its new drug Aduhelm truly slows the brain-destroying disease. That’s under the terms of the Food and Drug Administration’s conditional approval of the drug.
New auto sales, prices rise as chip shortage cuts U.S. supply
Consumers desperate for new vehicles often paid over the sticker price, pushing the average sales price in June above $40,000 for the first time, according to J.D. Power.
Watch what you like on streaming—assuming you can find it
As streaming services proliferate, it’s becoming more of a challenge to track down your favorite TV shows and blockbuster movies when streaming services can change up their offerings every month. That’s complicating life for those who know what they want to watch, but just don’t know where to locate it.