FILE PHOTO: Traders wearing masks work,on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. REUTERS/Brendan McDermid/File Photo(Reuters) – Wall Street’s main indexes opened at record highs on Wednesday, supported by positive earnings updates, while investors looked to a speech by Federal Reserve Chair Jerome Powell for clues on the pace of an […]

Slideshow ( 2 images )MILAN (Reuters) – Louis Vuitton owner LVMH and music star Rihanna have agreed to close her fashion line Fenty less than two years after its launch, the French luxury goods giant said on Wednesday. LVMH said in a statement that Fenty’s ready to wear activity, based in Europe, would be “put on hold” pending better conditions. […]

Slideshow ( 2 images )GENEVA (Reuters) – A recovery in global trade is expected to slow again in the first quarter of 2021 as the coronavirus pandemic keeps disrupting the travel industry after world trade contracted 9% in 2020, a U.N. report said on Wednesday. After lockdowns caused trade to shrink 15% in the first half of 2020, it rebounded […]

(Reuters) – The Dow and the S&P 500 were little changed on Tuesday after a six-day winning streak as investors rotated out of large-cap tech names into other sectors that likely will benefit from President Joe Biden’s proposed $1.9 trillion stimulus bill.FILE PHOTO: Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, NY, U.S., […]

The Biden administration has indicated in its early days that it intends to prioritize matters close to home. What that means for shifts in the U.S. trade posture from the previous administration remains to be seen, trade attorneys said.  At the Federal Bar Association’s virtual fashion law conference, which continued on Wednesday, attorneys described Biden’s overall messaging so far as […]

WASHINGTON — The early weeks of the Biden administration have brought a surge of support, in the White House and across party lines in Congress, for what could be the most ambitious effort in a generation to reduce child poverty. The plans vary in duration, design and the amount they would add to the federal debt, but they share a […]

The New Zealand sharemarket has opened this year as one of the weakest globally after the leading energy stocks and other blue chips again dragged the index down more thanhalf a per cent. As happened the day before, the S&P/NZX 50 Index continued to slide deeper into negative territory, closing down 97.66 points or 0.76 per cent to 12,830.03, from […]

Lands’ End, partnering with the Iowa County Health Department, has transformed the fitness and recreation center on its headquarters campus in Dodgeville, Wisc. into a COVID-19 vaccination clinic. The facility, called the Comer Center, opens for vaccinations today starting 2 p.m. central time. According to the company, the facility will initially have the capability to provide 160 vaccinations over a […]

Steve Grove is commissioner of the Minnesota Department of Employment and Economic Development. He was formerly founding director of Google’s News Lab and an executive at YouTube. The opinions expressed in this commentary are his own. The health, economic and political crises the United States faces are unparalleled. The information ecosystem is broken. And surveys show trust in government is […]