Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

By LISA MASCARO and HOPE YEN Associated Press  WASHINGTON (AP) — Senators were running into new problems Monday as they raced to seal a bipartisan infrastructure deal with pressure mounting on all sides to show progress on President Joe Biden’s ...

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By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are falling sharply Monday as worries sweep from Wall Street to Sydney that the worsening pandemic in hotspots around the world will derail what’s been a strong economic recovery. ...

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By DAMIAN J. TROISE AP Business Writer Stocks edged lower in afternoon trading Tuesday as investors weigh the latest quarterly earnings reports from big U.S. companies and concerns about inflation. Inflation has been a lingering concern for the markets as ...

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By KEN SWEET AP Business Writer  NEW YORK (AP) — All 23 of the nation’s biggest banks are healthy enough to withstand a sudden economic catastrophe, the Federal Reserve said Thursday as it released the results from its latest “stress ...

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By DAMIAN J. TROISE and STAN CHOE AP Business Writers NEW YORK (AP) — Most U.S. stocks are edging lower on Monday, but strength for several big tech companies is nevertheless nudging indexes a bit further into record heights. The ...

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WASHINGTON (AP) — The economy is growing at a healthy clip, and that has accelerated inflation, Federal Reserve Chair Jerome Powell says in written testimony to be delivered Tuesday at a congressional oversight hearing.   Still, Powell reiterated his view that ...

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Anna Pruitt, IUPUI and Jon Bergdoll, IUPUI  (THE CONVERSATION) A flood of donations to support COVID-19 relief and racial justice efforts, coupled with stock market gains, led Americans to give a record US$471 billion to charity in 2020.   The total ...

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By TOM KRISHER AP Auto Writer  DETROIT (AP) — Shares of General Motors Co. closed at a record high Thursday after the company said its efforts to manage the global computer chip shortage have worked better than expected, so it’s ...

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WASHINGTON (AP) — In April, the Biden administration announced plans to share millions of COVID-19 vaccine doses with the world by the end of June. Five weeks later, nations around the globe are still waiting — with growing impatience — ...

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By DAMIAN J. TROISE AP Business Writer  Stocks are broadly higher in afternoon trading on Wall Street Monday as investors regained an appetite for risk after the market notched two straight weeks of losses.  The S&P 500 index was up ...

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