Business

Business Briefs – February 15, 2018

U.S. Mortgage Rates Climb To A Nearly 4-Year Peak WASHINGTON (AP) – Long-term U.S. mortgage rates jumped this week to their highest level in nearly four years. It’s a sign…

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Sears: 4Q Sales Drop But It Expects a Profit

Sears Holdings Corp. says sales dropped during the critical fourth quarter, but the ailing retailer expects to earn a profit, helped by a windfall from U.S. tax reform. Sears, which…

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Amazon to Pay $1.2 Million for Illegal Pesticide Sales

The Environmental Protection Agency says it has reached a $1.2-million settlement with Amazon over the sale of illegal pesticides. It’s one of the largest penalties accessed under federal pesticides laws.…

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Business Briefs – February 14, 2018

U.S. Inflation Pressures Raising Expectations for Rate Hikes WASHINGTON (AP) – Inflation pressures appear to be building in the U.S. economy, a prospect that is heightening anxiety about potentially higher…

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Business Briefs – February 13, 2018

Gates Turns Attention Toward Poverty, Growing Inequity in U.S. KIRKLAND, Wash. (AP) — The world’s foremost philanthropists, Bill and Melinda Gates, say they’re turning some of their attention to American…

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After Slow Start, Banks and Retailers Lead Stocks Higher

U.S. stocks are turning higher Tuesday as banks, retailers and technology companies post gains. Retailers are rising following strong fourth-quarter results from Under Armour and more gains for Amazon. If…

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Business Briefs – February 12, 2018

Trump Threatens ‘Tax’ on Countries That Exploit U.S. Trade WASHINGTON (AP) – President Donald Trump says he’s planning to announce a “reciprocal tax” on countries that take advantage of the…

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