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    Productivity Associated Press photos The Labor Department reported Friday that U.S. productivity rose at a 7.3% rate in the second quarter, the largest quarterly increase since 2009. The government also reported a sharp rise of 12.2% in labor costs. (Keith SrakocicSTF)

    Business

    Retail sales up, likely to abate

    WASHINGTON – Americans increased their spending at retail stores and restaurants in July for a third straight month, but some...

    August 15, 2020 1:00 am


    Business

    Home prices climb in pandemic

    NEW YORK – A renter most of his adult life, Clarence Swann became fearful that landlords would use the coronavirus pandemic as an...

    August 15, 2020 1:00 am

    Financial Markets Wall Street FILE - In this July 21, 2020 file photo, people walk by the New York Stock Exchange. Stocks are drifting in early Friday, Aug. 14, trading on Wall Street after a report showed that sales for U.S retailers strengthened again last month, but by less than economists expected. (AP Photo/Mark Lennihan, File) (Mark Lennihan STF)

    Business

    Stocks barely budge on Wall Street; S&P 500 just shy of high

    August 14, 2020 5:00 pm

    Financial Markets Wall Street FILE - In this July 21, 2020 file photo, people walk by the New York Stock Exchange. Stocks are drifting in early Friday, Aug. 14, trading on Wall Street after a report showed that sales for U.S retailers strengthened again last month, but by less than economists expected. (AP Photo/Mark Lennihan, File) (Mark Lennihan STF)

    Business

    Stocks drift on Wall Street following latest run at record

    August 14, 2020 1:00 pm

    Foxconn University Pledge FILE - In this May 27, 2010 file photo, a worker looks out through the logo at the entrance of the Foxconn complex in the southern Chinese city of Shenzhen. The University of Wisconsin-Madison has received less than 1% of the money that Taiwan-based Foxconn Technology Group pledged to it two years ago amid the electronics giant's expansion plans in Wisconsin. In August 2018, Foxconn committed $100 million to the university to help fund an engineering building and for company-related research. (AP Photo/Kin Cheung, File) (Kin Cheung STF)

    US

    Foxconn's $100 million pledge to university largely unmet

    August 14, 2020 10:50 am

    US Productivity In this Wednesday, June 3, 2020 photo, a manager at the Presidente Supermarket uses a forklift to move a shipment of food at the store in the Little Havana neighborhood of Miami. U.S. productivity fell at a 0.9% rate in the first three months of this year, a smaller decline than first estimated, while labor costs rose at a slightly faster pace. The Labor Department reported Thursday that the first quarter decline in productivity was smaller than the initial estimate a month ago of a 2.5% drop. Labor costs rose at a 5.1% rate, slightly faster than the 4.8% increase first reported.(AP Photo/Wilfredo Lee) (Wilfredo Lee STF)

    Business

    US productivity rises 7.3%, biggest increase since 2009

    August 14, 2020 9:00 am

    Virus Outbreak Small Business Relief Waiting Again FILE - In this June 25, 2020 file photo, a price sign is displayed at a retail store as a store employee wears a mask while working in Niles, Ill. Small businesses are in limbo again as the coronavirus outbreak rages and the government’s $659 billion relief program draws to a close. Companies still struggling with sharply reduced revenue are wondering if Congress will give them a second chance at the Paycheck Protection Program, which ends Friday, Aug. 7, after giving out 5.1 million loans worth $523 billion. (AP Photo/Nam Y. Huh, File) (Nam Y. Huh STF)

    Business

    US retail sales regain pre-virus pace, but slowdown likely

    August 14, 2020 9:00 am

    Business

    It's official: Trader Joe's confirms city location

    Five months after filing for construction permits, Trader Joe's has acknowledged plans to open a market in Fort Wayne.

    August 14, 2020 1:00 am