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National Business News
Biden orders stopgap relief; food, job protections aim of steps
President Joe Biden took executive action Friday to speed a stopgap measure of financial relief to millions of Americans affected by the coronavirus pandemic w...
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Compiled by Democrat-Gazette Staff From Wire Reports -
January 23, 2021
Existing-home sales in U.S. rise by 0.7%
Sales of existing U.S. homes increased unexpectedly in December, capping the best year for the housing market since 2006 as historically low mortgage rates help...
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Compiled by Democrat-Gazette Staff From Wire Reports -
January 23, 2021
Airline advised against Boeing deal
American attorneys for Ethiopian Airlines, which lost 157 passengers and crew in the second crash of a Boeing 737 Max in early 2019, have advised the carrier no...
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DOMINIC GATES THE SEATTLE TIMES (TNS) -
January 23, 2021
Mixed finish for U.S. stocks as global rally pauses
Wall Street tapped the brakes on its recent record-setting rally Friday with a mixed finish for the major stock indexes, though the S&P 500 still ended the week...
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STAN CHOE, DAMIAN J. TROISE AND ALEX VEIGA THE ASSOCIATED PRESS -
January 23, 2021
Covid efforts cut cold-remedy sales
As Americans put social gatherings on hold to avoid contracting the coronavirus, they're catching fewer common colds, damping sales of the over-the-counter reme...
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BLOOMBERG NEWS (WPNS) -
January 23, 2021
Jobless rate slips, but stays near high
The number of Americans seeking unemployment benefits fell by 26,000 last week to 900,000, still a historically high level that points to ongoing job cuts in a ...
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Compiled by Democrat-Gazette Staff From Wire Reports -
January 22, 2021
U.S. home construction jumps 5.8% in December
U.S. home construction starts rose for a fourth-straight month in December to the best pace since late 2006 as builders responded to the robust demand for singl...
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Compiled by Democrat-Gazette Staff From Wire Reports -
January 22, 2021
Biden names women to steer FTC and FCC
President Joe Biden on Thursday appointed Rebecca Kelly Slaughter as acting chairwoman of the Federal Trade Commission, a move that positions the Washington wa...
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TONY ROMM THE WASHINGTON POST -
January 22, 2021
Tech-stock surge lifts Nasdaq, S&P 500 to new highs
U.S. stock indexes capped a day of choppy trading with a mixed finish Thursday, though solid gains by technology companies helped lift the S&P 500 and Nasdaq co...
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STAN CHOE AND ALEX VEIGA THE ASSOCIATED PRESS -
January 22, 2021
Biden fires Trump-appointed labor official
The Biden administration fired the National Labor Relations Board's general counsel Wednesday night, breaking with precedent to end the tenure of a figure seen ...
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ELI ROSENBERG AND REIS THEBAULT THE WASHINGTON POST -
January 22, 2021
U.S. jobless claims decline to a still-high 900,000
Fewer Americans applied for unemployment benefits last week, lowering claims to 900,000, still a historically high level that points to further job cuts in a ra...
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The Associated Press -
January 21, 2021
U.S. pulls Keystone line's permit
OOne of President Joe Biden's first acts upon taking office was to cancel the permit for the Keystone XL pipeline, the long-debated project to transport crude f...
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Compiled by Democrat-Gazette Staff From Wire Reports -
January 21, 2021
Religious business loan rule poses rift
The U.S. Small Business Administration has proposed new rules that would permanently allow religious businesses to receive taxpayer-backed small business loans,...
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AARON GREGG THE WASHINGTON POST -
January 21, 2021
Biggest U.S. banks thrived in pandemic
Record trading revenue helped make 2020 a far better year for the biggest U.S. banks than for most other industries, with the coronavirus pandemic ripping throu...
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SHAHIEN NASIRIPOUR BLOOMBERG NEWS (TNS -
January 21, 2021
Lockdowns help Netflix to 200 million subscribers
Netflix ended its biggest year in company history with a bang, adding more customers than expected and saying it no longer needs to borrow money to build its en...
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LUCAS SHAW BLOOMBERG NEWS (WPNS) -
January 21, 2021
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