Consumers lead a strong economic rebound after a slow start to the year.
u.s. economy
Starbucks raising price of brewed coffee in most U.S. stores
The Seattle-based chain has raised the price of a regular drip coffee by 10 cents to 20 cents, putting a small brewed coffee at $1.95 to $2.15 in most locations.
U.S. renews threats of retaliation against China for unfair trade practices
Analysts say the moves could be part negotiating strategy and part appeasement aimed at congressional critics of Trump’s deal allowing Chinese telecom giant ZTE Corp. to stay in business.
To retain workers, one Chick-fil-A owner is starting to pay $18 an hour
In a tightening labor market, he says it’s worth it to have consistency for his employees and their relationships with customers.
U.S.-China trade dispute begins to take toll on both sides
More talks aimed at resolving the conflict are planned for next week in Washington.
Auto parts factory fire hampers vehicle production
So far, Ford has been hit hardest by parts shortages.
Inflation muted, April consumer prices up just 0.2 percent
The cost of food was flat, cable TV dropped and the price of gas rose last month.
Maine Voices: Don’t let ‘jobs and economy’ mantra obscure need for racial and social justice
A financial appeal will win over the working class, but a message of hope and serving the common good will unite the country.
Technology firms, earnings reports fuel strong day for stocks
Several indexes rise 1 percent or more as first-quarter results for Facebook and others please investors.
U.S. durable goods orders up 2.6 percent in March
The increase is driven by a surge in demand for commercial aircraft.