VOL. 45 | NO. 24 | Friday, June 11, 2021
MILLENNIAL MONEY
Your 20s are a time of self-exploration, finding your footing as an adult – and likely making some money mistakes.
RICHARD COURTNEY: REALTY CHECK
Where have all the sellers gone? Long time passing. Actually, it’s a fairly recent phenomenon that has large numbers of Middle Tennesseans cashing out of the real estate frenzy and going far, far away to work remotely.
REAL ESTATE
LOS ANGELES (AP) — Many Americans who moved last year relocated to areas where homes were, on average, bigger and less expensive.
May 2021 real estate trends for Davidson County, as compiled by Chandler Reports.
Top residential real estate sales, May 2021, for Davidson County, as compiled by Chandler Reports.
Mortgage rates remained near historic lows this week. The benchmark 30-year home loan held below the 3% mark amid further signs of the economy's recovery from the pandemic recession.
JOE ROGERS: MY TAKE
Happy 225th birthday, Tennessee! You don’t look a day over 210!
NEWSMAKERS
Bass, Berry & Sims has appointed Lillian M. Blackshear from the firm’s Nashville office to its executive committee.
BRIEFS
Engel & Völkers Nashville has partnered with Pareto Realty and will collectively do business under the Engel & Völkers name. Led by license partner Neal Clayton, this announcement adds 18 real estate advisers to Engel & Völkers Nashville, expanding its real estate service into Williamson County.
BEHIND THE WHEEL
The average transaction price for new vehicles has been steadily rising over the past few years, jumping to $40,545 in April, a 3% increase from the prior year, Edmunds data shows. Some of this jump can be chalked up to people buying pricier trucks and SUVs, but another part of the story is their desire to get all the “bells and whistles,” often found on the top trim levels.
CAREER CORNER
The headline of this week’s column might sound a bit confusing. It comes from one of my own mentors.
BUSINESS BOOK REVIEW
Everything you know, you learned from Mom. And Dad. And Grandma, Grandpa, six cousins, three playmates, a neighbor, 31 teachers, a coach somewhere along the line, your spouse and a kid or two.
AUTO RACING
Erik Moses attended his first NASCAR race in 2019 as an XFL executive looking to poach marketing ideas during a trip to Dover International Raceway. One year later, Dover poached Moses and sent him to Tennessee to reopen Nashville Superspeedway.
SPORTS
OMAHA, Neb. (AP) — A look at the eight teams competing in the College World Series, which starts Saturday at TD Ameritrade Park. (Capsules in order of CWS opening games. Coaches' records through super regionals):
TENNESSEE TITANS
NASHVILLE (AP) — Janoris "Jackrabbit" Jenkins broke up two passes, and Denico Autry worked on the defensive line Tuesday on the Tennessee Titans' first day of minicamp Tuesday.
NASHVILLE AREA
ARLINGTON, Va. (AP) — Amazon is providing $300 million in low-interest loans to support housing located near mass transit in the Washington, D.C., area and the Seattle and Nashville, Tennessee, regions.
RELIGION
NASHVILLE (AP) — Delegates at the Southern Baptist Convention's annual meeting voted overwhelmingly Wednesday to have a floor debate on a proposed investigation into the denomination's handling of sexual abuse.
NASHVILLE (AP) — The Southern Baptist Convention tamped down a push from the right at its largest meeting in decades on Tuesday, electing a new president who has worked to bridge racial divides in the church and defeating an effort to make an issue of critical race theory.
As ideological divisions wracked the Southern Baptist Convention this year ahead of a pivotal national meeting, one of the leading candidates for its presidency, Ed Litton, embraced a role as the man best equipped to build bridges and promote unity.
COURTS
NASHVILLE (AP) — Prosecutors in Tennessee who are preparing for the first-degree murder trial of a Nashville police officer next month may try to call a law enforcement expert witness who served similarly in the case against Derek Chauvin in George Floyd's death.
NASHVILLE (AP) — Tennessee's Trial Court Vacancy Commission says it's accepting applications for a circuit court judge seat in the 24th Judicial District, which encompasses Benton, Carroll, Decatur, Hardin and Henry counties.
AUTO INDUSTRY
MOUNTAIN VIEW, Calif. (AP) — Waymo, the self-driving car pioneer spun off from Google, isn't allowing a recent wave of executive departures to detour its plans to expand its robotic taxi service.
DETROIT (AP) — General Motors will raise spending on electric and autonomous vehicles and add two U.S. battery factories as it gambles that consumers will eagerly switch from gasoline to the new technology.
REAL ESTATE
NEW YORK (AP) — More than 4 million people say they fear being evicted or foreclosed upon in the coming months just as two studies released Wednesday found that the nation's housing availability and affordability crisis is expected to worsen significantly following the pandemic.
WASHINGTON (AP) — U.S. home construction rose 3.6% in May as builders battled a surge in lumber prices that have made homes more expensive
TECHNOLOGY
BERLIN (AP) — Cybersecurity researchers in Europe say they have discovered a flaw in an encryption algorithm used by cellphones that may have allowed attackers to eavesdrop on some data traffic for more than two decades.
ENVIRONMENT
LONDON (AP) — Britain is losing the race to adapt to the inevitable effects of climate change, including worsening heat and floods, a government-appointed panel of experts said Wednesday.
VIRUS OUTBREAK
MIAMI (AP) — Royal Caribbean International is postponing for nearly a month one of the highly anticipated first sailings from the U.S. since the pandemic began because eight crew members tested positive for COVID-19, the company's CEO said.
PARIS (AP) — France on Wednesday eased several COVID-19 restrictions, with authorities saying it's no longer always mandatory to wear masks outdoors and halting an 8-month nightly coronavirus curfew this weekend.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — Stocks fell on Wall Street and bond yields rose Wednesday after Federal Reserve officials signaled they may start easing off the accelerator on their massive support for markets and the economy earlier than previously thought.
WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it may act sooner than previously planned to start dialing back the low-interest rate policies that have helped fuel a swift rebound from the pandemic recession but have also coincided with rising inflation.
WASHINGTON (AP) — Treasury Secretary Janet Yellen assured Congress that the recent jump in inflation is being monitored very carefully by the Biden administration, but said again that any increase will prove temporary.
BEIJING (AP) — The Chinese government said Wednesday that it will release copper, aluminum and zinc from stockpiles to increase market supplies in a fresh effort to restrain surging prices that officials warn might disrupt a business revival.
LONDON (AP) — British consumer prices rose by more than expected last month as fuel and clothing costs surged following the easing of COVID-19 restrictions.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — Sen. Joe Manchin is proposing an extensive list of changes to his party's sweeping elections and voting bill, raising hopes among Democrats that they could unite behind the legislation even if the measure is nearly certain to be blocked by Republicans in a showdown Senate vote next week.
GENEVA (AP) — GENEVA — Russian President Vladimir Putin thanked President Joe Biden and expressed wishes for a "productive" meeting as the two kicked off their meeting in Geneva Wednesday.
GENEVA (AP) — An American president won't side with Moscow over his own intelligence agencies. There will be no talk of a "reset" in Russian relations. And it is highly doubtful that anyone will gaze into Vladimir Putin's eyes and discuss his soul.
WASHINGTON (AP) — Patience running thin, Democratic leaders are laying the groundwork for a go-it-alone approach on President Joe Biden's big jobs and families infrastructure plans even as the White House continues negotiating with Republicans on a much more scaled-back $1 trillion proposal.
WASHINGTON (AP) — Senate Democrats pledged to forge ahead with a likely doomed vote on their sprawling elections and voting bill next week, even as it faces universal opposition from Republicans, as well as from a key senator in their own party.
WASHINGTON (AP) — President Joe Biden on Tuesday installed an energetic critic of Big Tech as a top federal regulator at a time when the industry is under intense pressure from Congress, regulators and state attorneys general.
TUESDAY, JUNE 15
PREDATORS
NEW YORK (AP) — Nashville Predators goaltender Pekka Rinne has won the King Clancy Memorial Trophy that annually honors an NHL player for leading on the ice and off it with humanitarian work.
RELIGION
NASHVILLE (AP) — The Southern Baptist Convention held its largest gathering in decades Tuesday amid debates over race and sexual abuse, a concerted effort to push the conservative denomination even further to the right and a bellwether election to pick its next president.
COURTS
MADRID (AP) — Detained antivirus software entrepreneur John McAfee testified in a Spanish court Tuesday as part of his fight against extradition to the United States, where he is wanted on tax-related criminal charges that carry a prison sentence of up to 30 years.
VERSAILLES, France (AP) — A French court ordered home furnishings giant Ikea to pay some 1.1 million euros ($1.3 million) in fines and damages Tuesday over a campaign to spy on union representatives, employees and some unhappy customers in France.
AUTO INDUSTRY
NASHVILLE, Tenn. (AP) — Federal regulators have denied a union's push to try to organize fewer than 100 employees at the Nissan assembly plant in Tennessee, ruling instead to set a union election of 4,300 plantwide production and maintenance workers that the union says it will not pursue.
MEDIA
A British research company may have discovered a magic number for American media consumers — and it's seven.
LONDON (AP) — Facebook is subject to EU privacy challenges from watchdogs in any of the bloc's member states, not just its lead regulator in Ireland, the bloc's top court ruled Tuesday, in a ruling that has implications for other big tech companies.
WASHINGTON (AP) — Executives from CNN, The New York Times and The Washington Post met Monday with Attorney General Merrick Garland to protest the Trump-era Justice Department's efforts to seize phone and email records of journalists.
NONPROFITS
Galvanized by the racial justice protests and the coronavirus pandemic, charitable giving in the United States reached a record $471 billion in 2020, according to a report released Tuesday that offers a comprehensive look at American philanthropy.
TECHNOLOGY
SWANSEA, Wales (AP) — Four centuries and one year after the Mayflower departed from Plymouth, England, on a historic sea journey to America, another trailblazing vessel with the same name has set off to retrace the voyage.
BERLIN (AP) — IBM on Tuesday unveiled one of Europe's most powerful quantum computers in Germany, boosting the country's efforts to stay in the race for what's considered a key technology of the future.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — Stocks eased back below their record heights Tuesday as investors waited to hear whether the mixed bag of data coming in about the economy will push the Federal Reserve to let up on its massive support for markets.
WASHINGTON (AP) — Vice President Kamala Harris announced Tuesday that the Biden administration is distributing $1.25 billion to hundreds of community lenders in an effort to help boost the economic recovery from the coronavirus for small businesses and disadvantaged business owners.
A day after her interview for a part-time job at Target last year, Dana Anthony got an email informing her she didn't make the cut.
NEW YORK (AP) — Retail sales fell in May, dragged down by a decline in auto sales and a shift by Americans to spend more on vacations and other services instead of goods.
WASHINGTON (AP) — Surging output of cars, trucks and auto parts pulled U.S. factory production up 0.9% in May.
WASHINGTON (AP) — Wholesale prices, driven by rising food costs, increased 0.8% in May and by a unprecedented amount over the past year as the U.S. economy emerges from pandemic lockdowns and pushes inflation higher.
BRUSSELS (AP) — The European Union's top official urged both sides to think about their long-term relationship and put an end to the bloc's spat with the U.K. over post-Brexit trade arrangements.
STOCKHOLM (AP) — Low-cost fashion brand Hennes & Mauritz AB said Tuesday sales had increased 75% in Q2 and early June, affecting both online purchases and physical stores, adding that 1,300 stores were temporarily closed at the start of the period due to the pandemic.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — Speaker Nancy Pelosi says the House will move forward with investigations of the Jan. 6 insurrection now that legislation to create an independent commission has stalled in the Senate, saying "we can't wait any longer" to probe the attack.
WASHINGTON (AP) — The White House plans to give the bipartisan infrastructure negotiations another week to 10 days before assessing next steps, which could include pursuing a Democrats-only approach to pass President Joe Biden's sweeping jobs and families investment plans.
WASHINGTON (AP) — During the last weeks of his presidency, Donald Trump and his allies pressured the Justice Department to investigate unsubstantiated claims of widespread 2020 election fraud that even his former attorney general declared without evidence, newly released emails show.
WASHINGTON (AP) — The Biden administration says it will enhance its analysis of threats from domestic terrorists, including the sharing of intelligence within law enforcement agencies, and will work with tech companies to eliminate terrorist content online as part of a nationwide strategy to combat domestic terrorism.
WASHINGTON (AP) — The Justice Department will tighten its rules around obtaining records from members of Congress, Attorney General Merrick Garland said Monday, amid revelations the department under former President Donald Trump had secretly seized records from Democrats and members of the media.
WASHINGTON (AP) — Cue the fireworks. President Joe Biden wants to imbue Independence Day with new meaning this year by encouraging nationwide celebrations to mark the country's effective return to normalcy after 16 months of coronavirus pandemic disruption.
WASHINGTON (AP) — A bipartisan Senate report released last week details security failures surrounding the Jan. 6 insurrection at the Capitol and recommends how to fix them. But it has only added to the unanswered questions about the attack, when hundreds of former President Donald Trump's supporters broke through windows and doors and interrupted the certification of President Joe Biden's win.
WASHINGTON (AP) — Rep. Marjorie Taylor Greene apologized Monday for affronting people with recent comments comparing the required wearing of safety masks in the House to the horrors of the Holocaust.
MONDAY, JUNE 14
UT SPORTS
NASHVILLE (AP) — Jake Rucker hit two home runs in Game 2 of the Nashville Super Regional, and No. 3 national seed Tennessee advanced to the College World Series with a 15-6 win over LSU, concluding the career of Tigers coach Paul Mainieri on Sunday.
North Carolina State, Texas, Tennessee and Arizona locked up spots in the College World Series on Sunday, with the Wolfpack knocking out No. 1 national seed Arkansas.
COURTS
WASHINGTON (AP) — The Supreme Court is leaving in place the convictions of two men who as members of a white supremacist group participated in a white nationalist rally in Virginia in 2017 that turned violent.
WASHINGTON (AP) — With abortion and guns already on the agenda, the conservative-dominated Supreme Court is considering adding a third blockbuster issue — whether to ban consideration of race in college admissions.
WASHINGTON (AP) — The Supreme Court ruled unanimously Monday that low-level crack cocaine offenders convicted more than a decade ago can't take advantage of a 2018 federal law to seek reduced prison time.
NASHVILLE (AP) — Tennessee Gov. Bill Lee has appointed two judges in different districts.
RELIGION
NASHVILLE (AP) — As Southern Baptists prepare for their biggest annual meeting in more than a quarter-century, accusations that leaders have shielded churches from claims of sexual abuse and simmering tensions around race threaten to once again mire the nation's largest Protestant denomination in a conflict that can look more political than theological.
AUTO INDUSTRY
NASHVILLE (AP) — Federal regulators have denied a union's push to try to organize fewer than 100 employees at the Nissan assembly plant in Tennessee, ruling instead to set a union election of 4,300 plantwide production and maintenance workers next month.
DETROIT (AP) — The president of General Motors says his company plans to announce more U.S. battery factories later this week.
The top two executives at Lordstown Motors have resigned as problems at the Ohio electric truck startup mount.
VIRUS OUTBREAK
Vaccine maker Novavax said Monday its COVID-19 shot was highly effective against the disease and also protected against variants in a large study in the U.S. and Mexico, potentially offering the world yet another weapon against the virus at a time when developing countries are desperate for doses.
LONDON (AP) — British Prime Minister Boris Johnson is expected to disappoint many people across England later Monday by saying that restrictions on social contact will remain for a few more weeks because of rising infections due to the delta variant.
NATIONAL/INTERNATIONAL BUSINESS
Gains in several big-name tech companies including Apple helped nudge the S&P 500 to another record high Monday, even as other parts of the market faltered.
WASHINGTON (AP) — With inflation rising in a fast-rebounding economy, the Federal Reserve is poised this week to discuss when it will take its first steps toward dialing back its ultra-low interest rate policies.
The Girl Scouts have an unusual problem this year: 15 million boxes of unsold cookies.
LOS ANGELES (AP) — During the darkest days of the coronavirus pandemic, Martha Medina would occasionally slip into her shuttered store on Los Angeles' oldest street to ensure everything was secure.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — A new federal intelligence report warns that adherents of QAnon, the conspiracy theory embraced by some in the mob that stormed the U.S. Capitol, could target Democrats and other political opponents for more violence as the movement's false prophecies don't come true.
WASHINGTON (AP) — The Senate is expected Monday to narrowly confirm the first appellate court judge of President Joe Biden's tenure, elevating a judge with strong prospects of landing on the president's short list should a Supreme Court should a vacancy arise.
WASHINGTON (AP) — The Justice Department's top national security official is resigning from his position after revelations that the department under President Donald Trump secretly seized records from Democrats and members of the media.
WASHINGTON (AP) — President Joe Biden has vowed to mend America's trade relations with its European allies, which were stretched to the breaking point by President Donald Trump's mercurial behavior, combative policies and aversion to multinational alliances.
WASHINGTON (AP) — Marty Walsh remembers what it was like when a Cabinet secretary would come to town.
FRIDAY, JUNE 11
VANDERBILT SPORTS
NASHVILLE (AP) — Kumar Rocker struck out 11 in 7 2/3 innings, while allowing just three hits, and Vanderbilt held off East Carolina 2-0 on Friday to begin a best-of-three series in the Nashville Super Regional.
SPORTS
OMAHA, Neb. (AP) — Super regionals are the next stop on the NCAA baseball tournament's Road to Omaha.
TENNESSEE TITANS
NASHVILLE (AP) — Julio Jones turned 32 in February, missed seven games with a nagging hamstring issue in his 10th year in the NFL and now finds himself with a new team in the Tennessee Titans.
STATE GOVERNMENT
NASHVILLE (AP) — The Tennessee Advisory Commission on Intergovernmental Relations voted Wednesday to begin a comprehensive study of litter pollution in the state.
AUTO INDUSTRY
WASHINGTON (AP) — The U.S. government's highway safety agency approved a request by General Motors to recall four 2021 vehicle makes due to a malfunctioning air bag warning light.
RELIGION
NASHVILLE (AP) — Race-related tensions within the Southern Baptist Convention are high heading into a national meeting next week. The election of a new SBC president and debate over the concept of systemic racism may prove pivotal for some Black pastors as they decide whether to stay in the denomination or leave.
NASHVILLE (AP) — Releases of leaked letters and secret recordings from within the Southern Baptist Convention intensified Thursday as critics sought to show top leaders were slow to address sexual abuse in the nation's largest Protestant denomination and worried more about its reputation and donations than about victims.
ENVIRONMENT
NORTH LAS VEGAS (AP) — Secretary of Energy Jennifer Granholm said the Biden administration wants to see lithium needed for electric cars to be mined "in a responsible way" that respects the environment and Native American tribes.
MEDIA
FORT WORTH, Texas (AP) — After more than half a century in airplane seatback pockets, the American Airlines in-flight magazine American Way is going away.
VIRUS OUTBREAK
In Tennessee and North Carolina, demand for the COVID-19 vaccine has slowed down so much that they have given millions of doses back to the federal government, even though less than half of their total populations are vaccinated.
CARBIS BAY, England (AP) — Leaders from the Group of Seven industrialized nations are set to commit at their summit to sharing at least 1 billion coronavirus shots with struggling countries around the world — half the doses coming from the U.S. and 100 million from the U.K.
TAIPEI, Taiwan (AP) — If China is to meet its tentative goal of vaccinating 80% of its population against the coronavirus by the end of the year, tens of millions of children may have to start rolling up their sleeves.
NATIONAL/INTERNATIONAL BUSINESS
Stocks shook off a wobbly day of trading and ended modestly higher on Wall Street, giving the S&P 500 its third weekly gain in a row.
FRANKFURT, Germany (AP) — How can governments keep multinational companies from avoiding taxes by shifting profits to subsidiaries in low-tax countries?
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — Former President Donald Trump's signature border wall project would lose much of its funding as well as the fast-track status that enabled it to bypass environmental regulations under a Biden administration plan announced Friday.
WASHINGTON (AP) — A bipartisan group of senators is eyeing an infrastructure deal with $579 billion in new spending as negotiators try to strike a nearly $1 trillion deal on President Joe Biden's top priority, according to those briefed on the plan.
LONDON (AP) — Imagine trying to make an impression on someone who's met, well, almost everyone.
WASHINGTON (AP) — The Justice Department's internal watchdog launched an investigation Friday after revelations that former President Donald Trump's administration secretly seized phone data from at least two House Democrats as part of an aggressive leaks probe. Democrats called the seizures a "shocking" abuse of power.
THURSDAY, JUNE 10
VANDERBILT SPORTS
NASHVILLE (AP) — The Vanderbilt Commodores are two wins away from returning to the College World Series and the chance to bookend the coronavirus pandemic with national championships.
SPORTS
The College Football Playoff announced Thursday that it will consider expanding from four to 12 teams to settle the national championship, with six spots reserved for the highest-ranked conference champions and the other six going to at-large selections.
MUSIC INDUSTRY
NEW YORK (AP) — Carrie Underwood has another reason to rejoice — she extended her record as the most decorated artist in the history of the CMT Music Awards, thanks to her song "Hallelujah."
A list of winners at the 2021 CMT Music Awards, held Wednesday in Nashville, Tennessee.
COURTS
NASHVILLE (AP) — A longtime Tennessee judge who drew backlash from Republican officials for ordering an expansion of absentee voting during the COVID-19 pandemic won't seek reelection next year, saying it's a decision she made before GOP lawmakers unsuccessfully tried to remove her from office early this year.
STATE GOVERNMENT
NASHVILLE (AP) — The wife of a Tennessee lawmaker who died after a battle with pancreatic cancer is taking his place ahead of a special election to fill his seat.
WEST TENNESSEE
MEMPHIS (AP) — Health officials in Tennessee's most populous county are lifting most existing face mask usage requirements enacted as precautions in the fight against the COVID-19 pandemic.
AUTO INDUSTRY
DETROIT (AP) — What would you splurge on if you won the lottery? Most people have a dream car or two on their list, but alas, most people never win the lottery.
DETROIT (AP) — He plotted to steal up to $1.5 million in union dues, and the money he diverted was spent on golf clubs, vacation homes, booze and lavish meals, fostering a culture of corruption within the United Auto Workers union.
MEDIA
MOSCOW (AP) — Russian authorities on Thursday ordered Facebook and the messaging app Telegram to pay steep fines for failing to remove banned content, a move that could be part of growing government efforts to tighten control over social media platforms amid political dissent.
BEIJING (AP) — China's Ministry of Commerce said Thursday that a U.S. move to revoke the Trump administration's executive orders intended to ban apps like TikTok and WeChat was a "positive step," amid strained relations between the two countries.
TECHNOLOGY
NEW YORK (AP) — Do you own an Amazon smart device? If so, odds are good that the company is already sharing your internet connection with your neighbors unless you've specifically told it not to.
HEALTH CARE
WASHINGTON (AP) — A new $56,000-a-year Alzheimer's drug would raise Medicare premiums broadly, and some patients who are prescribed the medication could face copayments of about $11,500 annually, according to a research report published Wednesday.
VIRUS OUTBREAK
NEW YORK (AP) — The Biden administration has exempted most employers from long-awaited rules for protecting workers from the coronavirus, angering labor advocates who have spent more than a year lobbying for the protections.
WASHINGTON (AP) — Johnson & Johnson said Thursday that U.S. regulators extended the expiration date on millions of doses of its COVID-19 vaccine by six weeks.
MAIDENS, Va. (AP) — When Sherry Brockenbrough and her family opened a distillery on a leafy vista overlooking the James River on March 5, 2020, the coronavirus still seemed like a distant threat.
SEOUL, South Korea (AP) — Health officials and experts in Asia have welcomed U.S. plans to share 500 million more doses of the Pfizer vaccine with the developing world, but some say it would take more than donations alone to address huge vaccination gaps that threaten to prolong the pandemic.
BERLIN (AP) — Germany on Thursday started rolling out a digital vaccination pass that can be used across Europe as the continent is gets ready for the key summer travel season.
NATIONAL/INTERNATIONAL BUSINESS
Stocks closed higher Thursday, bringing the S&P 500 index to another record high and out of the red for the week.
WASHINGTON (AP) — The U.S. budget deficit hit a record $2.06 trillion through the first eight months of this budget year as coronavirus relief programs drove spending to all-time highs.
WASHINGTON (AP) — The FBI's director told lawmakers Thursday that the bureau discourages ransomware payments to hacking groups even as major companies in the past month have participated in multimillion-dollar transactions aimed at getting their systems back online.
NEW YORK (AP) — As more children go back to the physical classroom, families are expected to spend robustly on a wide range of items, particularly trendy clothing like cropped tops, for the critical back-to-school season, according to one key spending measure.
WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell for the sixth straight week as the U.S. economy, held back for months by the coronavirus pandemic, reopens rapidly.
WASHINGTON (AP) — American consumers absorbed another surge in prices in May — a 0.6% increase over April and 5% over the past year, the biggest 12-month inflation spike since 2008.
NEW YORK (AP) — After feeling the thrill of victory early this year by singlehandedly causing GameStop's stock to soar — only to get crushed when it quickly crashed back to earth — armies of smaller-pocketed and novice investors are back for more.
FRANKFURT, Germany (AP) — The European Central Bank left its key pandemic support for the economy running full blast even as the economy shows signs of recovery thanks to lower virus cases and fewer restrictions on activity in the 19 countries that use the euro currency.
BRUSSELS (AP) — Top European Union officials vowed Thursday to use all measures available to ensure that the United Kingdom respects the terms of its Brexit agreement with the bloc as tensions rise over trade involving Northern Ireland.
The world's largest meat processing company says it paid the equivalent of $11 million to hackers who broke into its computer system late last month.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — President Joe Biden is pursuing "multiple paths forward" as he looks to muscle his big infrastructure package through Congress — dialing up lawmakers from both parties in search of a bipartisan deal while imploring Democrats to be ready to go it alone if necessary.
WASHINGTON (AP) — Angela, Boris, Emmanuel, Justin, Mario, Yoshihide and a relative newcomer: Joe.
WASHINGTON (AP) — "SKYROCKETING MURDER RATES," claimed the National Fraternal Order of Police. "An explosion of violent crime," said Senate Minority Leader Mitch McConnell. "Democrat-run cities across the country who cut funding for police have seen increases in crime," tweeted U.S. Rep. Patrick McHenry, R-N.C.
The Biden administration is laying the groundwork for a renewed push to encourage more Arab countries to sign accords with Israel and working to strengthen existing deals after last month's devastating war in the Gaza Strip interrupted those diplomatic efforts.
WASHINGTON (AP) — Former White House counsel Don McGahn told lawmakers in a closed-door interview last week that he regarded President Donald Trump's effort to have special counsel Robert Mueller fired as "a point of no return" for the administration if carried out.