Stocks climb after three days of losses, led by Big Tech
The S&P 500 notched a 1.2% gain, clawing back almost half of its loss from a day earlier, when it had its biggest one-day drop since February.
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Amazon seeks to hire 75,000, offers $100 to vaccinated hires
The hiring spree comes as the company gears up for Prime Day next month, its popular sales event that has become one of the busiest shopping days of the year for Amazon.
McDonald’s raising U.S. workers’ pay in company-owned stores
The fast-food giant is also encouraging its franchisees—which make up 95% of its restaurant base—to boost pay.
U.S. unemployment claims drop to 473,000, a new pandemic low
The number of weekly jobless claims—a rough measure of the pace of layoffs—has fallen significantly from a peak of 900,000 in January.
Revamped EPA website shows increased climate change risks
The website was effectively suspended under President Donald Trump, who did not allow information on the site to be updated and who repeatedly disputed or downplayed the effects of climate change.
Suit challenges priority of federal restaurant aid for women, minorities
A conservative legal outfit claims the prioritization of restaurants and bars owned by women and certain minorities is pushing white men “to the back of the line” for aid for their eateries.
UPDATE: Indiana gears up to give Pfizer vaccine to residents ages 12-15
After final CDC approval on Wednesday for giving the Pfizer vaccine to young teens, Indiana planned to open registration with appointments available as early as 8 a.m. Thursday.
Millennial Money: Befriend your money and reap the benefits
A more positive relationship can help you feel more confident and empowered to make the most of your money.
How to plan an eco-friendly remodel without overspending
Whether you’re incorporating sustainability into your kitchen remodel or making specific changes to lower your utility bills, a green remodel doesn’t have to be expensive. It can even save you money in the long term.
Consumer prices shot up 0.8% in April as inflation worries escalate
The acceleration in prices, which has been building for months, has unsettled financial markets and raised concerns that it could weaken the economic recovery from the pandemic recession.
Judge dismisses NRA bankruptcy case in blow to gun group
A federal judge dismissed the National Rifle Association’s bankruptcy case Tuesday, leaving the powerful gun-rights group to face a New York state lawsuit that accuses it of financial abuses and aims to put it out of business.
Emergency program to give people $50 off monthly internet bill
It’s unclear how long the money will last but it’s expected to be several months. Tens of millions of people are eligible.
COVID-19 pet boom has veterinarians backlogged, burned out
To meet the demand from the pet boom, vets have extended hours, hired additional staff and refused to take new patients. And they still can’t keep up.
Holcomb signs order restoring work-search rule for jobless benefits
Indiana is joining several other states creating more requirements for people to stay on unemployment, with many businesses blaming the ease of obtaining the weekly jobless benefits with making it more difficult to fill job openings.
Victoria’s Secret to be spun off a year after sale collapsed
Victoria’s Secret was to be sold to Sycamore Partners last year but the private equity firm sued to get out of the deal citing the coronavirus pandemic.
After cyberattack, pipeline operator promises return by week’s end
The attack underscored the vulnerabilities of the nation’s energy sector and other critical industries whose infrastructure is largely privately owned.
Amazon blocked 10 billion listings in counterfeit crackdown
The e-commerce giant said Monday that it blocked more than 10 billion suspected phony listings last year before any of their offerings could be sold.
Treasury to start paying out $350B in state, local aid
The funding could provide a jolt of growth after the unemployment rate ticked up slightly to 6.1% in April, a sign of how difficult it can be to restart an economy despite an unprecedented degree of federal assistance.
Is Epic Games’ showdown with Apple turning into a mismatch?
Epic, the maker of Fortnite, has been having trouble proving its allegations that the iPhone maker’s 13-year-old app store has turned into an illegal monopoly.
Union leaders decry Indiana’s high rate of worker deaths
Critics are calling for improved workplace safety enforcement with the state’s rate of deaths while working about one-third higher than the national average.