U S Economy Shrinks First Quarter Despite Solid Consumer Spending
The Commerce Department said the U S economy contracted 1 5 percent annual rate in the January March quarter down from an earlier estimate 1 4 percent The decline was mainly due to a wider trade gap and slower restocking though consumer spending rose at 3 1 percent annual pace and the job market remains strong with unemployment near a half century low The report notes inflation remains a political and social pressure ahead of midterm elections and Biden’s approval rating has slipped.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
Joe Biden
Congress
Associated Press-Norc Center For Public Research
Biden
CEO Compensation Surges 17 Percent in 2021 Amid Profit rebound
The typical S&P 500 chief executive pay rose 17.1 percent in 2021 to a median $14.5 million as profits and stock prices rebounded. By contrast private workers’ wages rose 4.4 percent, with inflation near 7 percent, widening the pay gap. Walmart cited a $25,335 median associate pay and 21 percent wage rise, while CEO Doug McMillon earned a 13.7 percent raise for a $25.7 million package. Public pushback grows as turnover climbs and unions form.
MENTIONED IN THIS ARTICLE
New York
S&p 500
Associated Press
Equilar
Expedia Group
Jpmorgan Chase
U.S. Associates
Doug McMillen
AmrcnBalAm
FdmillavsAm
Grfamrca m
Incamrca m
Inccamrca
Nwprspetva
Wamtinvsam
Dodge & Cox Incl
Dodge & Cox IntlSikl
Dodge & Cox Sikl
Fidelity
Fidelity BC
Pimco TtlRetIns
Schwab Sp500idx
Vanguard
InsidxInsPlus
Vanguard IntGrAdmrl
Vanguard MdCpldxAdmrl
Vanguard PrmCpAdmrl
Vanguard Stinvmgrdadmrl
Vanguard Tibmidxadmil
Doe
SEC
The
Trump must testify in New York civil probe ruling
New York appeals court rejects Trump's bid to avoid deposition in Attorney General Letitia James civil inquiry into his business practices. The four judge panel upheld subpoenas for Donald Trump and his two eldest children Ivanka and Donald Jr to provide sworn testimony, citing Fifth Amendment protections and civil discovery rights. Lawyers signaled possible further appeal as James celebrates the decision ahead of depositions within 14 days of the ruling.
MENTIONED IN THIS ARTICLE
New York
Donald Trump
Arthur Engeron
Trump
Ivanka and
Donald Jr
Letitia James
Trumps
Engoron
Court of Appeals
James
Will Con
Wall Street climbs as Macy's results lift markets
Stocks rose broadly on Thursday with the S&P 500 up 2 percent, the Dow up 1.6 percent, and the Nasdaq up 2.7 percent on strong retailer results. Bond yields edged higher as investors cheered a late-week rally after seven straight weekly losses. The rally was tech, banks, and retailers led, with 90 percent of S&P 500 stocks higher.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Macy’s
Treasury
Liz Young
SoFi
Also Mentioned on This Page
Paul Wiseman
Walmart
Sarah Anderson
Global Economy Project
Progressive Institute For Policy Studies
Bill McDermott
ServiceNow
Mary Barra
General Motors
Tim Cook
Apple
Adena Friedman
David Zaslav
Warner Bros. Discovery
Kathy Warden
Northrop Grumman
Jamie Dimon
Lisa Su
Advanced Micro Devices
Phebe Novakovic
General Dynamics
Peter Kern
Los Angeles
Marvin Harper
Phoenix
California
Colorado
Denver
Harper
Laura Dena
Arizona
Dena
Costco
the Market IN Review
Dow Jones
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
Nasdaq
S&p
Wilshire
Russell
Naspaaq
RevelBion
AMD
ApyxMed AlphTau
CameraLin
Nvidias
AMC
CharahSol
ViaSat
BkofAm
StaBioTool
Xilio Th
BlackSky
Enochian
BiotehAc UN
Macys At&t Inc
Marathno
McDalds
AffirmHld
Meta PLC
Alibaba
Microsoft
Amber
MultiAute
Amé Airlines
NewellBr
Annaly NiSource
Apple Inc
NokiaCp
ApyxMed
Northropg
BcoBrad
NorwCruis
BedBath
Nutanix
Carnival
OcciPet
Cedarf
OwensCorn
Cisco
CocaCola
Pg&e
Cp Comcast
Palantir
PayPal
DiDi Gib
PepsiCo
Endo
Petrbra A
ExelaTc
Petrobras
ExxonMbl
Pfizer
Farfetch
PlugPowr H
FirstEngy
Fordm
Redbox
Shrwin
Smucker
GenElec Rs
Snapinc A
Genocea
Snowflake
GinkgoBin
SoFiTech N
Grabhi An
Guardh
SwitnEngy HomeDp
Sundial H
HuntBnesh
Target
Tesla Inc
Iqtel
Twitter
ImpriPete
Uber Tch
Intel
IBM
Vale SA
Invacare
VerizonCm
Stationh
VerGood Hn
Vroom
Kohls Keycorp
KraftHaz
WellsFargo
LincNat
Wendys Co
LucidGron
YumBrnds
Sweet Crude
NYMX
New York Mercantile Exchange
CBOT
ICE
Chicago Board of Trade
CME
Chicago Mercantile Sugar (World) Exchange
Intercontinental Exchange
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!