Business - Page 299

Caterpillar 4Q sales slip, but results top Wall Street

Caterpillar’s fourth-quarter sales dropped 15% as an unchecked pandemic continued to sap demand for big machinery, but the damage was not as bad as...

U.S. consumer spending fell 0.2% in December in face of virus

WASHINGTON – U.S. consumers slowed their spending by 0.2% in December, cutting back for a second straight month in a worrisome sign for an...

U.S. contract signings to buy homes hits record for December

SILVER SPRING, Md. – The number of Americans who signed contracts to buy homes declined slightly for the fourth straight month, but it was...

Spokane Valley-based Kaspien hits $1 billion milestone

Kaspien achieved a milestone as the company marked $1 billion in sales this week. The Spokane Valley-based ecommerce growth platform has benefited from a...

Canada's economy showed unexpected strength to end 2020

Canada’s economy showed surprising strength in the final two months of 2020, even amid a new wave of COVID-19 restrictions. Gross domestic product expanded...

UW study finds Amazon promotes vaccine lies, especially to already misinformed users

Findings from University of Washington researchers’ audit of Amazon algorithms point to a dire situation: The tech giant’s search engine promotes misinformation about vaccines....

U.S. employment costs rise modestly in fourth quarter

SILVER SPRING, Md. — Wages and benefits for U.S. workers rose in the last quarter of the year, putting all of 2020 in somewhat...

GameStop soars, and Wall Street bends under the pressure

NEW YORK — GameStop’s stock was back to the races Friday, and the overall U.S. market is down again, as the saga that’s captivated...

Stocks claw back some lost ground; GameStop swings wildly

By Dmaian J. Troise and Alex Veiga Associated Press Stocks closed broadly higher Thursday on Wall Street, helping the market recoup some of its...

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