WASHINGTON — President Biden and his economic team are pushing their most detailed case yet for trillions of dollars in new federal spending to rebuild public investment in workers, research and physical infrastructure, focusing on long-term ingredients of economic growth and equality even as the current recovery from recession shows signs of distress. In a […]

OPINION: If ever there was a time for a Labour Finance Minister to deliver a Budget true to his party’s roots, it is now. Grant Robertson is unencumbered by a veto-wielding coalition partner. At the risk of tempting fate, the worst of the pandemic looks to be behind us. The Crown’s books are in better […]

The rock face is a dripping mask of greywacke and argillite, illuminated by the lights of “the jumbo”, as the rock drilling machine is known in mining jargon. The diamond drills extend toward the tunnel’s end, manipulated by twin booms. Once the drilling is complete, explosives finish the job and the tunnel advances at a […]

NEW YORK/LONDON (Reuters) -U.S. shares rebounded on Thursday after falling for three consecutive days and benchmark Treasury yields edged lower as investors snapped up technology stocks and shrugged off worries over rising prices, for now.FILE PHOTO: The New York Stock Exchange is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New […]

The latest update on the labor market is scheduled to arrive Thursday morning when the government releases its weekly report on jobless claims. Analysts surveyed by Bloomberg expect that the number of new claims filed will fall slightly from the previous week. Last week, the Labor Department reported that 505,000 workers filed first-time claims for […]

TOKYO (Reuters) – Shares of Seven & i Holdings surged to a two-year high on Thursday after Reuters reported activist investor ValueAct Capital took a stake in the Japanese owner of the 7-Eleven chain, signalling a potential shake-up at the retail giant.FILE PHOTO: The logo of 7-Eleven is seen at a 7-Eleven convenience store in […]

A prominent businessman has seemingly made a desperate plea for support to avoid prison ahead of his sentencing for indecent assault and trying to bribe one of his victims. The wealthy Kiwi was found guilty by a High Court jury in March of indecently assaulting three men in the early 2000s, 2008 and 2016. The […]

The operator of Colonial Pipeline said on Wednesday that it had started to resume pipeline operations. “It will take several days for the product delivery supply chain to return to normal,” the company said on its website. “Some markets served by Colonial Pipeline may experience, or continue to experience, intermittent service interruptions during the start-up […]

Despite posting growth, Poshmark jangled some nerves during its last earnings call, as its first-quarter 2021 revenue guidance didn’t match what analysts wanted to see. Things largely leveled out, but now history looks like it’s repeating itself: Despite a first quarter that beat estimates, nervous investors seem to be doubting the platform once again. On […]

Ever dream of launching your own product, brand or fashion apparel line? Right now might be a good time to make that dream a reality. The recent pandemic is forcing brands and merchants to transform themselves. The explosion of online shopping has accelerated digital convergence, and companies are making investments in innovation, technology and creativity. […]