Stocks have moved mostly higher in morning trading on Friday, offsetting the weakness seen in the previous session. The major averages have all moved to the upside, with the tech-heavy Nasdaq showing a particularly strong advance. Currently, the major averages are hovering near the best levels of the day. The Nasdaq is up 164.57 points or 1.2 percent at 13,779.07, […]

Most of the oldest homes in America are located in what were the 13 original states. Many of these are near Boston. The areas around Cape Code and on the islands of Nantucket and Martha’s Vineyard have homes that were built before 1700. People began to populate Martha’s Vineyard in the mid-1600s. By 1671 the island had a colony. A […]

Job growth in the U.S. reaccelerated in the month of May, according to a closely watched report released by the Labor Department on Friday, although the increase in employment still fell short of economist estimates. The report said non-farm payroll employment jumped by 559,000 jobs in May after climbing by an upwardly revised 278,000 jobs in April. Economists had expected […]

FRANKFURT (Reuters) -Copious budget spending in the euro zone is finally generating a sustainable rise in inflation but more flexible fiscal rules will be needed for years as monetary policy remains constrained, European Central Bank policymaker Klaas Knot said on Friday.FILE PHOTO: ECB board member Klaas Knot appears at a Dutch parliamentary hearing in The Hague, Netherlands September 23, 2019 […]

(CNN)Taiwan has imposed new restrictions including limits on gatherings in its capital as it battles its biggest coronavirus outbreak since the start of the pandemic last year. The democratically-ruled island off the coast of China, widely praised as a success for its handling of Covid-19, reported 335 new cases Monday — a record single-day rise. All but two are locally […]

GENEVA (BLOOMBERG) – Global banking regulators have moved to classify Bitcoin as the riskiest of assets, dragging cryptocurrencies further into the mainstream financial world. But they also made it extremely costly for banks to hold digital tokens on their balance sheets, potentially delaying crypto’s wider adoption. The Basel Committee on Banking Supervision proposed on Thursday (June 10) that a 1,250 […]

New York (CNN Business)By now, you probably know that everything is getting more expensive. From furniture, to used cars, to uncooked beef roasts, consumer prices have grown steadily since January as the economy recovers and Americans are spending money again. Also sending prices higher: The ongoing pandemic has complicated supply chains, limiting supply, even as demand for goods soars. Overall, […]

Home prices have been on a tear this year, hitting record highs and pushing up homeowners’ wealth. Home equity — the difference between the value of your home and how much you owe on your mortgage — rose by nearly 20% in the first part of this year from last year, according to CoreLogic. Homeowners with mortgages — about 62% […]

Social networking giant Facebook Inc. (FB) has given its full-time employees an option to work from home if their jobs can be done remotely. Facebook CEO Mark Zuckerberg also revealed that he himself will lead from front and plans to work remotely for at least six months. In a memo, first reported by Wall Street Journal, Zuckerberg wrote, “I’ve found […]