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L.A. Times - Business

Lakers' Dennis Schroder lands in Tarzana 2021-02-24 17:18:10Lakers point guard Dennis Schroder has shelled out $4.275 million for a modern Tarzana home with a basketball court.

Mike Huckabee hauls in $9.4 million for Florida 2021-02-24 14:39:16In Florida, former Arkansas Gov. Mike Huckabee just sold his three-story beach house overlooking the Gulf of Mexico for $9.4 million.

Disney California Adventure park to reopen for food 2021-02-24 14:21:53A Touch of Disney at Disney California Adventure will welcome ticketed visitors to stroll through the park and purchase food, drinks and merchandise.

Column: Neera Tanden and the 'civility' police 2021-02-24 13:43:58OMB nominee Neera Tanden is being keelhauled by conservatives for incivility on Twitter. Where have they been for four years?

Column: Providence Health denies claim that it's punishing 2021-02-24 08:08:08A Catholic hospital chain blames its partner, Hoag Memorial Hospital, for their bad blood.

How far will Biden go to fix the 2021-02-24 08:00:18Sempra Energy is seeking federal approval for a new proposal to ship fossil fuel overseas.

Biden to order review of critical U.S. supply 2021-02-24 05:00:38President Biden wants to review supply chains for semiconductors, advanced batteries, medical supplies and rare earth metals amid concerns the U.S. is

Lena Dunham lists 102-year-old bungalow in Spaulding Square 2021-02-23 15:41:10In Spaulding Square, Lena Dunham of 'Girls' fame is asking $2.795 million for her century-old bungalow of six years.

Airbnb for gardens is a thing. Rent an 2021-02-23 11:00:41Staying indoors is driving us crazy. Thanks to a new company, you can book a garden in Los Angeles just like an Airbnb.

Walton Goggins is selling his Hollywood haunt for 2021-02-23 09:00:15Actor Walton Goggins is asking $3.35 million for his 1920s English country-style residence tucked above Hollywood Boulevard.

Column: Are you giving your pets supplements to 2021-02-23 08:00:37Sales of pet supplements soared by 21% last year as people tried to protect their furry friends from COVID-19. Experts say there's no need.

California legislators approve $7.6-billion COVID-19 package, including $600 2021-02-22 19:30:12Crafted by Gov. Gavin Newsom and legislative leaders last week, the pandemic assistance plan also includes $4 billion in grants, tax breaks and fee wa

Economy

Powell says inflation is still 'soft' and the 2021-02-23 11:52:55Fed Chairman Jerome Powell told the Senate Banking Committee that price pressures remain mostly muted and the economic outlook is still "highly uncer

December home prices rose 10.4%, the biggest gain 2021-02-23 09:35:10December is usually the slowest month for the housing market, but price gains didn't slow down one bit in 2020.

Treasury Secretary Janet Yellen makes push for major 2021-02-18 17:49:45"We think it's very important to have a big package [that] addresses the pain this has caused," Yellen told CNBC.

Jobless claims show unexpected move higher 2021-02-18 09:35:46First-time filings for jobless claims totaled 861,000 last week, above the Dow Jones estimate of 773,000.

Homebuilder confidence improves, despite record high lumber prices 2021-02-17 11:16:39Buyer demand for newly built homes continues to surge, and that is keeping builder confidence high even as building material prices climb.

Household debt rises to $14.6 trillion due to 2021-02-17 11:05:20Debt increased 1.4% for the final three months, representing another $206 billion as households took advantage of low interest rates.

Retail sales burst higher in January as consumers 2021-02-17 10:16:23Consumers flocked to spend their stimulus checks in January, sending retail sales for the month up 5.3% in a blockbuster start to 2021.

‘This is not inflation’: Economist says expectations are 2021-02-17 08:32:16Inflation expectations are detaching from reality, meaning markets might be overplaying the rise in U.S. Treasury yields, says Carl Weinberg, chief ec

Retail sales expected to be strong in January, 2021-02-17 07:33:41Aided by government stimulus checks, consumers are expected to have boosted their spending in January, and the trend is likely to continue.

Fed's Bullard doesn't see asset bubble and doubts 2021-02-16 10:20:13Bullard told CNBC that there aren't clear signs of excesses, though he conceded that stocks are "highly valued on the whole."

Fed's Harker says inflation won't be posing a 2021-02-11 18:50:12Harker faced a question posed repeatedly to Fed officials in recent days over whether its easy monetary policy could stoke price pressures.

Deficit projected at $2.3 trillion for 2021, not 2021-02-11 16:01:10The federal budget deficit is projected at $2.3 trillion in the 2021 fiscal year, a drop from last year but well ahead of anything the U.S. has ever s

NYT > Economy

On the Post-Pandemic Horizon, Could That Be … 2021-02-21 15:00:07Signs of economic life are picking up, and mounds of cash are waiting to be spent as the virus loosens its grip.

Airbnb Is Driving Hosts Elsewhere With Costly Pandemic 2021-02-21 14:30:07Hurt by refunds, some are trying to cut the site out of bookings or taking legal action. The company says it is working to reduce tensions.

Hurt by Lockdowns, California’s Small Businesses Push to 2021-02-19 18:26:51The pain for such enterprises been particularly acute in the state, leading some to back an effort to replace Gov. Gavin Newsom.

Kamala Harris: Women Leaving Work Force During Pandemic 2021-02-18 23:28:57“In one year,” Vice President Kamala Harris said, “the pandemic has put decades of the progress we have collectively made for women

As Winter Sweeps the South, Fed Officials Focus 2021-02-18 21:49:21A top Federal Reserve official says climate scenario analysis could be valuable in making sure that banks mind their climate-tied weak spots.

Global Chip Shortage Challenges Biden’s Hope for Manufacturing 2021-02-18 16:11:22A global shortage of a key component for cars and electronics has shuttered American factories and set off fierce competition to secure supplies.

Should the Feds Guarantee You a Job? 2021-02-18 12:36:32Not long ago, the question was rarely asked. Now, politicians and economists of various stripes are willing to consider it.

Winter Storm Disrupts Automakers, Retailers and Delivery Services 2021-02-17 22:26:39Power outages, natural gas shortages and icy conditions made it hard for automakers, retailers and delivery carriers to operate across much of the Sou

Retail Sales Jumped 5.3% in January, Far Higher 2021-02-17 16:06:16Stimulus money sent at the end of 2020 appeared to translate into spending, rather than saving, reversing three consecutive months of declines.

Biden and China: Administration Rethinks Relations 2021-02-17 14:22:32The Biden administration is under intense pressure to maintain former President Donald J. Trump’s curbs on China, even as it tries to develop a

Pete Wells's Odyssey as Restaurant Critic During Pandemic 2021-02-17 05:00:16To capture New York’s food scene in these times, I’ve adapted to many roles. But the essence of my job remains the same: hunting for a goo

Biden and the Fed Leave 1970s Inflation Fears 2021-02-16 00:25:23Administration and Fed officials argue that workers not getting enough stimulus help is a larger concern than potential spikes in consumer prices.

Business - The Huffington

Why Amazon Insisted On An In-Person Union Election 2021-02-05 16:49:14The retail giant says it's worried about low participation with mail-in ballots. But experts say it's more about delay and intimidation.

United Way Worldwide Releases Sham Internal Investigation 2021-02-05 05:45:05One of the largest nonprofits in the country says it’s in the clear when it comes to sexual harassment allegations. Its own documents show other

Amazon To Pay $61.7 Million To Settle Charges 2021-02-03 05:35:17“In total, Amazon stole nearly one-third of drivers’ tips to pad its own bottom line,” Commissioner Rohit Chopra said.

Amazon CEO Jeff Bezos To Step Down From 2021-02-02 16:20:41Bezos will become executive chair of the company later this year.

GameStop Soars Again; Wall Street Bends Under The 2021-01-29 19:07:12The video game retailer shot up nearly 70%, clawing back much of its steep loss from the day before.

Reddit, GameStop And Wall Street: Here’s Everything You 2021-01-29 16:12:45Free trading apps like Robinhood have seen an influx of new users ― and the video game retailer's stock surge is tied into that.

United Way CEO’s Fate Uncertain Amid Growing Crisis 2021-01-29 05:45:06CEO Brian Gallagher's organization is facing financial trouble as investigators look into a culture of sexual harassment and retaliation that he alle

Twitter Users Jeer Billionaire's Gripe About Not Paying 2021-01-28 17:37:08Leon Cooperman ranted on CNBC that the idea of a "fair share" is a "bullshit concept" that just attacks wealthy people.

Robinhood Slammed After Halting Users From Buying Surging 2021-01-28 11:03:45The popular stock-trading app stopped purchases of companies like GameStop and AMC Entertainment that have been driven sky-high by people on Reddit.

The Redditors Have Revealed A Myth About The 2021-01-27 16:40:40The stock market cannot cure what ails you.

In Battle Over GameStop Shares, Two Big Players 2021-01-27 12:09:58The video game retailer's stock surged as high as $380 Wednesday morning, after sitting below $18 just a few weeks ago.

Study Finds Essential Workers Like Cooks Are More 2021-01-26 11:29:34People working in agriculture, warehouses and call centers in California have all faced higher mortality rates than the average worker.

Home Page

LIVE: Ministry of Home Affairs notifies President's Rule 2021-02-25 08:46:33Stay tuned for Latest LIVE news

Coronavirus LIVE: Mumbai reports 1,145 new Covid-19 cases 2021-02-25 08:37:25Coronavirus live updates: India reported a net addition of 4,801 to take its count of active coronavirus cases to 151,708, in the past 24 hours, accor

IND vs ENG Live score 3rd Test Day 2021-02-25 08:35:34Axar takes his third consecutive fifer and demolished England to a mere 81. Ashwin becomes 2nd fastest bowler to take 400 wkts. Check India vs England

Ola expects Phase 1 production of two-wheelers from 2021-02-25 08:18:33Ola says the factory will have initial capacity of 2 million units a year in Phase 1

India's patchy record in catching economic offenders despite 2021-02-25 07:47:10Before the Nirav Modi win, the Centre has stated in an RTI reply that of the 72 absconding economic offenders it has managed to bring only two in the

LIVE: DMK-Congress meetings are like corruption hackathon, says 2021-02-25 07:39:24In less than two months from now, elections are set to be held in West Bengal, Tamil Nadu, Kerala, Puducherry and Assam. Stay tuned for LIVE updates a

Pfizer studying effects of 3rd vaccine dose against 2021-02-25 07:21:48Health authorities say first-generation Covid-19 vaccines still protect against variants that are emerging in different parts of the world

Privatisation to unleash new opportunities, boost investment: India 2021-02-25 07:07:19India Inc on Thursday said privatisation except in strategic sectors would unleash exciting opportunities, boost investments in infrastructure and cre

PNB scam case: UK court allows Nirav Modi 2021-02-25 06:47:19The 49-year-old appeared via videolink from Wandsworth Prison in south-west London and showed no emotion

From flashy diamantaire to fugitive: Nirav Modi's long 2021-02-25 06:44:32The diamond merchant wanted in India on charges of fraud and money laundering lost his legal battle against extradition as a UK judge ruled that he do

Shares of wellness product seller Nureca soar 61% 2021-02-25 06:27:00Issue price was Rs 400 per share. Nureca's Rs 100-crore IPO was oversubscribed 40x

Social Media Intermediary Guidelines: Full load of what 2021-02-25 06:24:44No safe harbour if due diligence not followed; platforms to remove or disable sexual content within 24 hours of complaint; Chief Compliance Officer po

Insider.pro

ECB Plans to Regulate Stablecoins Turnover 2021-02-24 15:33:48 The ECB wants to get veto power to fight inflation risks triggered by stablecoins or protect the safety of payments.

US Crypto Exchanges Experience Technical Issues as Fed 2021-02-24 15:29:00 The watchdog said in an email statement its error resulted in disruption of service in several business lines.

Brave Announces Roadmap 2.0 with New Wallet and 2021-02-24 12:15:26 The company is working on its own decentralized exchange aggregator to allow users to swap tokens.

Oldest Swiss Bank Adds Support for Cryptocurrencies 2021-02-24 11:45:23 Bordier clients can also hodl cryptocurrencies like bitcoin.

MicroStrategy Increases Bitcoin Reserves Up to 90K 2021-02-24 10:59:28 The company now hodls 90,531 BTCs, which were bought at an average purchase price of $23,985 per BTC.

DeFi Wizard Raises $750k from Blockchain Investment Bigshots 2021-02-24 10:33:39 DeFi Wizard has raised a total of $750,000 from X21 Digital, AU21 Capital, Amsterdam-based TRG Capital, DeltaHub Capital, NGC Ventures and ExNetwork.

Crypto Futures Market Sees Highest Liquidation in History 2021-02-24 09:02:27 Liquidations in the cryptocurrency futures market hit a record level on Monday.

Cryptocurrency Exchange Requires Customers to Return Bitcoins Bought 2021-02-24 07:29:10 PDAX has faced an outage in its system that has resulted in some users buying Bitcoins at a significantly lower price than the market price.

The Volume of Assets of Bitwise's Cryptocurrency Funds 2021-02-24 06:16:04 The company has reported the value of assets in its crypto funds has exceeded $1B.

Square Makes New $170M Investment in Bitcoin 2021-02-24 05:15:22 The payments company has purchased another 3,318 BTC.

Bitcoin Remains Above $50,000 2021-02-24 03:38:16 What is happening today with the largest crypto in the market?

India's Financial Conglomerate Joins JPMorgan's Blockchain Network 2021-02-23 15:17:20 With the JPMorgan's network, SBI plans to reduce transactional fees and time.

Economy

Biden targets smallest businesses with exclusive aid window 2021-02-22 09:34:40Only businesses with fewer than 20 employees will be able to apply for aid through the massive Paycheck Protection Program.

Biden's economic point man draws praise — and 2021-02-14 07:00:15Allies laud Brian Deese's leadership on the stimulus negotiations, but he's rubbed some the wrong way.

Biden aims to isolate China on coal — 2021-02-13 07:00:54The U.S. wants to stop new coal projects, but risks losing poor countries to Beijing’s "Belt and Road" agenda.

‘Clearly not healthy’: Markets are giddy about reopening 2021-02-11 04:30:41Investors are pumping up bubbles across markets, with excitement growing about more stimulus and widespread vaccinations.

‘The Democratic version of John McCain’ 2021-02-07 07:00:58As the critical swing vote in a 50-50 Senate, Joe Manchin has emerged as the most powerful man in Washington.

U.S. backs Okonjo-Iweala, first woman and African, to 2021-02-05 17:59:13The decision breaks with the Trump administration's opposition to Okonjo-Iweala and brings the U.S. in line with much of the rest of the world.

Economy will return to pre-pandemic level this year, 2021-02-01 11:52:28Employment levels, however, will not fully recover until 2024.

Biden confronts the limits of his executive power 2021-02-01 04:30:32Without help from Congress, he has few options to turn the U.S. economy around.

Fed’s Powell warns U.S. economy ‘long way from 2021-01-27 14:17:21“There’s nothing more important to the economy now than people getting vaccinated,” Jerome Powell said.

Wall Street shrugs at Washington’s debt pileup 2021-01-26 04:30:02The debt poses no imminent danger to U.S. finances, economists say, so the more pressing concern should be jump-starting the economy.


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