WASHINGTON (Reuters) – The U.S. Senate voted on Thursday to take up President Joe Biden’s $1.9 trillion coronavirus aid bill, setting up what is likely to be a contentious, days-long debate over the merits of the sweeping package.FILE PHOTO: The U.S. Capitol Building is reflected against an ambulance along the East Front on Capitol Hill in Washington, U.S., July 16, […]

Condé Nast, the publisher of Vogue, Vanity Fair and The New Yorker, has just published the full-year findings of its first diversity and inclusion report, revealing that much needs to be done to improve representation among its workforce. In 2020, 68 percent of staffers based in the U.S. identified as white, 10 percent as Asian, 7.5 percent as Black, 5.5 […]

A very light schedule of companies reporting earnings is about all that remains until the March quarter ends and we begin to see more earnings results beginning around the second week of April. Looking ahead, after markets close today, we are scheduled to receive earnings reports from Costco, Gap, Broadcom and Smith & Wesson. Before markets open on Friday, discount […]

LONDON — A host of luxury businesses across the U.K. breathed a sigh of relief on Thursday as the U.S. confirmed it was canceling punitive tariffs on British imports linked to the long-running Airbus dispute. The tariffs will be suspended for four months, and follows Britain’s decision to suspend retaliatory charges on U.S.-made goods starting this year. The move will […]

Vodafone has heated up the action at the budget end of the broadband market with a new $40 4G wireless broadband plan with a 60 gigabyte data cap. The price of the “Gold Plan” includes a home phone line and free calls to national landlines. Read More Chorus offers up to $800 bounty for those who’ve strayed to Spark, Vodafone […]

Fed Chairman Jerome Powell said inflation is likely to rise as the economy recovers, but he thinks it will be temporary. Without more durable inflation and a return to full employment, he said the central bank is unlikely to raise interest rates. Bond yields rose as Powell spoke as the market looked for more commentary on future policy. Federal Reserve […]

Encouraging news emerged from a COVID-19 cardiac study of professional athletes published in "JAMA Cardiology" on Thursday. Of the 789 professional athletes from the NBA, WNBA, NFL, NHL, MLB and MLS who tested positive for coronavirus and underwent cardiac screening, just 30 were sent for additional testing and just five were diagnosed with inflammatory heart disease – three with myocarditis and two […]

Almost eight million American households own a second home, either as a vacation getaway or an investment opportunity. The COVID-19 pandemic has been a devastating tragedy for the nation, but it has been good to those who own rental properties in appealing places. That’s because for people wishing to flee their urban homes temporarily — whether to minimize the chance […]

According to a new global payments report by FIS, the fintech company also known as WorldPay, the use of mobile, or digital, wallets exceeded the use of cash for the first time in in-store payments during the pandemic. In fact, the use of cash has fallen significantly, with data in the report finding cash usage dropping 10 percent in 2020 […]