“I found it very encouraging that there are signs that people are waking up from hibernation, buying new clothes and going out to restaurants,’‘ said Beth Ann Bovino, U.S. chief economist at S&P Global. “I think people are feeling optimistic that the United States will win the war on the virus. And they have good […]
Category Archives: Business
The “hot hatch” concept — sporty but practical, with plenty of horsepower — is being swallowed by (what else?) S.U.V.s. Source link
Retail sales surged in March, the Commerce Department said on Thursday, as Americans spent their latest round of government stimulus checks and the continued roll out of coronavirus vaccines lured more people back into stores. The 9.8 percent increase last month was a strong comeback from the nearly 3 percent drop in February, when previous […]
The trend is not confined to Levi’s, which lays claim to inventing the blue jean in 1873. Madewell, the popular retail chain owned by J. Crew Group, has also been seeing enthusiasm around looser fit jeans and balloon pants, even among skinny jean acolytes, which is viewed as a turning point for the fit. Today […]
Here’s what you need to know: Shoppers in New York City on Tuesday. Retail sales surged last month, and the latest jobless claims report also provided fresh signs of economic revival.Credit…Gabby Jones for The New York Times Jobless claims fell last week to their lowest level of the pandemic and the latest data on retail […]
After a pause last year because of the pandemic, the Michelin Guides for restaurants in several cities in the United States are up and running again. The venerable French company announced Thursday that starting next week, it would begin revealing the stars and other ratings for restaurants in Washington D.C., Chicago and New York. The […]
With the pandemic’s end seemingly in sight, the economy is poised for a dynamic revival. But one measure has continued to frustrate the resurgence: the number of weekly applications for unemployment claims, which have remained stubbornly high for months even as businesses reopen and vaccination rates increase. After new claims hit a pandemic low in […]
On Tuesday morning, U.S. federal health regulators recommended a pause in the use of Johnson & Johnson’s Covid-19 vaccine while they investigated six reports of blood clots in women ages 18 to 48. One has died, and a second is hospitalized in critical condition. As of Monday, 6.8 million people in the United States had […]