‘a-stereotypical-push’
Cartoonist: Victor Martinez
Cartoonist: Victor Martinez
WSJ.com: US Business
- Costco Sales Rise 15% in Latest QuarterThe wholesale retail chain’s sales climbed again as Americans continue to shop for food and goods for the home during the pandemic.
- Google Crushed Many Digital Ad Rivals. But a Challenger Is Rising.Alphabet’s Google has crushed almost all its competitors in the world of digital-advertising technology, but one rival, The Trade Desk, has emerged as the best hope to challenge the tech giant.
- Gap CEO Predicts Apparel Rebound as People Emerge From Covid-19Gap executives said consumers are eager to buy the kinds of apparel that they have been able to forgo during much of the Covid-19 pandemic.
- eBay Is Removing Dr. Seuss Books Deemed OffensiveEBay is working to prevent the resale of six Dr. Seuss books pulled this week by the company in charge of the late author’s works because they contain offensive imagery.
- OSHA's Job Is Workplace Safety. In the Covid-19 Pandemic, It Often Struggled.Federal and state agencies conducted fewer inspections than in the past and often handled coronavirus complaints through no more than an exchange of letters, a Wall Street Journal investigation shows. Hundreds of workers’ deaths have gone uninvestigated, sometimes because employers didn’t report them.
- Powell Confirms Fed to Maintain Easy-Money Policies Until Economy RecoversFederal Reserve Chairman Jerome Powell reaffirmed his intention of keeping easy-money policies in place until the labor market improves much further, but provided no sign the central bank will seek to stem a recent rise in Treasury yields.
- China Sets 2021 GDP Growth Target at Over 6%The goal is comfortably lower than most economists’ consensus expectations for the world’s second-largest economy to grow by 8% or more this year.
- Senate Advances Democrats' Covid-19 Aid BillSenate Democrats advanced a $1.9 trillion coronavirus relief package after making a series of adjustments to the legislation, with approval in the chamber expected within days.
- Analysis: Fed Chief Powell Not Ready to Push Back Against Bond MarketFederal Reserve chairman Jerome Powell doesn’t appear ready to stand in the way of a steady and sometimes abrupt rise in bond yields that some observers worry could create headwinds for an economic recovery still struggling to pick up steam.
- 30-Year Mortgage Rate Tops 3% for First Time Since JulyAmericans who purchased new homes or refinanced their mortgages over the past few months may have done so at just the right moment.
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