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ABC News: Money

Resilient shoppers push retail sales up 0.7% in 2021-10-15 08:45:02Americans continued to spend at a solid clip in September despite rising prices and snarled global supply chains that are limiting the flow of goods

UK: 43,000 may have received false negative COVID 2021-10-15 08:17:39British health officials say an estimated 43,000 people may have been wrongly told they don’t have the coronavirus because of problems at a priv

EU agencies crack down on pandemic recovery fund 2021-10-15 07:54:01European Union agencies are launching a year-long operation to crack down on fraud targeting the bloc’s multibillion euro COVID-19 pandemic reco

Japanese billionaire gets ready for December space mission 2021-10-15 07:52:55A forthcoming flight to space by a Japanese billionaire will let the public have a closer look at life on board the orbiting outpost

EU-UK talks, fishing threat kick Brexit back into 2021-10-15 07:35:43The Brexit brawl has kicked into high gear, almost a year after a deal on a free trade agreement was supposed to have officially sealed the separation

3 German parties aim to start formal coalition 2021-10-15 07:33:02Three German parties aim to open formal coalition talks after all made gains in last month’s election

White House targeting economic risks from climate change 2021-10-15 07:21:16The Biden administration is taking steps to address the economic risks from climate change

World shares gain after technology-powered rally on Wall 2021-10-15 04:56:03Shares are mostly higher in Europe and Asia after technology companies powered the biggest rally on Wall Street since March

Former Boeing pilot involved in Max testing indicted 2021-10-15 00:25:16A former Boeing test pilot has been indicted on fraud charges related to his work in evaluating the 737 Max jetliner, the same model that was involved

Aging equipment, spills test ties between oil, California 2021-10-15 00:05:26California's uneasy relationship with the oil industry is being tested again by the latest spill to foul beaches and kill birds and fish off Orange C

Asian shares rise after technology-powered rally on Wall 2021-10-15 00:00:29Asian shares are higher after technology companies powered the biggest rally on Wall Street since March

US average mortgage rates jump; 30-year loan at 2021-10-14 22:52:30Average long-term mortgage rates jumped this week, with the benchmark 30-year loan again breaching 3%

L.A. Times - Business

Auction of The One — L.A.'s biggest new 2021-10-13 17:37:06A foreclosure auction of a lavish L.A. mansion is delayed as a billionaire lender is accused of trying to leave other debt holders out in the cold.

Chris Bosh's longtime Miami Beach mansion gets a 2021-10-13 15:56:00Months after buying Chris Bosh's Miami mansion for $14.43 million, development company AquaBlue Group is looking to flip it for $42 million.

In Hollywood Hills, Justin Timberlake and Jessica Biel 2021-10-13 09:00:49In typically crowded Hollywood Hills, Justin Timberlake and Jessica Biel are asking $35 million for their sprawling villa on more than 10 acres.

Port truckers win $30 million in wage theft 2021-10-13 08:00:50XPO Logistics, one of the world's largest trucking companies, settled with drivers who had alleged it paid them less than minimum wage.

'Star Trek's' William Shatner returns to Earth after 2021-10-13 07:00:25At 90, Shatner sets the record for oldest person to go to space after 10-minute flight aboard Blue Origin. 'I am overwhelmed,' he says upon return.

'F9' producer Joe Roth drops $23 million for 2021-10-12 15:46:50Prolific producer Joe Roth just closed a blockbuster deal in Beverly Hills, paying $23 million for a 1960s Midcentury designed by Daniel Dworsky.

Column: Texas Gov. Greg Abbott's new order on 2021-10-12 14:21:20Texas Gov. Greg Abbott's order banning vaccination mandates puts employers, from nursing homes to airlines, in a huge bind.

Column: Unemployment benefits weren't what kept workers home. 2021-10-12 09:00:44Unemployment benefits didn't keep Americans from returning to the workforce, since they're still not clamoring for lousy jobs even after those payme

Column: Renew your service or we'll trash your 2021-10-12 09:00:12In a strangely threatening letter, cable giant Spectrum warns a former customer he'll be reported as a deadbeat unless he renews his subscription.

Kaiser Permanente workers vote to authorize strike, citing 2021-10-11 17:33:40Healthcare workers protesting staff shortages voted to authorize a strike that could affect Kaiser hospitals and clinics across Southern California.

Column: Elon Musk's moving Tesla's HQ to Texas 2021-10-11 14:58:04Elon Musk complains about California's regulations — but they've put billions of dollars in his pocket.

Looking for your first apartment in L.A.? Start 2021-10-10 08:00:52Getting your first apartment is a big deal, and in Los Angeles, it can be a big pain. Here are tips for navigating the process — from searching

Economy

Fed's Barkin backs tapering plans and expresses concern 2021-10-15 11:17:35Richmond Fed President Thomas Barkin said he's on board with reducing the amount of economic help the central bank is providing.

Retail sales unexpectedly rise in September as consumers 2021-10-15 09:41:36Consumers spent at a much faster pace than expected in September, defying expectations for a pullback amid pervasive supply chain problems.

Jobless claims fall below 300,000 for the first 2021-10-14 09:54:34Initial claims for unemployment insurance for the week ended Oct. 9 were expected to total 318,000.

Fed says it could begin 'gradual tapering process' 2021-10-13 20:14:44The Federal Open Market Committee on Wednesday released minutes from its Sept. 21-22 policy meeting.

Consumer prices rise more than expected as energy 2021-10-13 11:30:26Consumer prices increased slightly more than expected in September as food and energy price rises offset declines in used cars, the Labor Department s

A record 4.3 million workers quit their jobs 2021-10-13 09:26:47Job openings declined sharply in August while hiring also fell and the level of workers quitting their jobs hit the highest level since at least late

Weekly mortgage demand stalls, as rates jump to 2021-10-13 07:00:02Mortgage rates continued their trudge higher last week, leaving most homeowners with little to no incentive to refinance.

September's jobs creation comes up short with gain 2021-10-12 14:45:44Nonfarm payrolls were expected to increase by 500,000 in September, according to economists surveyed by Dow Jones.

Fed Governor Lael Brainard is in line for 2021-10-11 12:29:34Fed Governor Lael Brainard should figure prominently as President Joe Biden weighs who will chair the central bank and who will specifically supervise

Strong wage gains cast doubt that inflation is 2021-10-08 20:30:43September's wage gains provided more fuel to the argument that the current pace of inflation could run longer than many economists anticipate.

As mortgage rates shoot even higher, refinance demand 2021-10-07 15:40:00A sharp jump in mortgage interest rates over the past few weeks is taking its toll on mortgage demand.

Jobless claims post sharp decline to 326,000, better 2021-10-07 11:49:11Initial filings for jobless benefits were expected to total 345,000 for the week ended Oct. 2, according to economists surveyed by Dow Jones.

NYT > Economy

John Deere Workers Strike After Failed Contract Talks 2021-10-14 17:41:10About 10,000 unionized employees walked out, as worker activism rises during nationwide labor shortages.

U.S. Renews Its Support for the World Trade 2021-10-14 16:57:15Trade Representative Katherine Tai outlined her vision for the battered World Trade Organization, saying the U.S. wanted to re-engage and address work

As Western Oil Giants Cut Production, State-Owned Companies 2021-10-14 14:27:47In the Middle East, Africa and Latin America, government-owned energy companies are increasing oil and natural gas production as U.S. and European com

There Is Shadow Inflation Taking Place All Around 2021-10-14 10:43:29Some companies haven’t been raising prices. Instead, they’ve been cutting back customer services and conveniences, but how should that be

September Consumer Price Index: Inflation Rises 2021-10-13 18:13:26Consumer Price Index data from the Labor Department showed that prices kept climbing in September, as supply chain snarls and rising rents fueled rapi

Biden Announces Expansion of Hours at Port of 2021-10-13 17:05:37The Port of Los Angeles will join the Port of Long Beach in operating 24/7 as the administration struggles to address a problem that is boosting infla

Fed Minutes September 2021: Officials Worried About Supply 2021-10-13 16:27:38Federal Reserve officials are preparing to slow bond buying and are divided over when they might need to raise interest rates as inflation bites.

Are Tesla and Texas a Perfect Match? It’s 2021-10-13 11:50:19While its C.E.O., Elon Musk, and the state’s conservative lawmakers share libertarian sensibilities, they differ greatly on climate change and r

Debate Looms Over I.M.F.: Should It Do More 2021-10-12 18:32:12As the International Monetary Fund gets set for its annual meeting, economists ask if it’s time to update its mandate as the world’s finan

World’s Growth Cools and the Rich-Poor Divide Widens 2021-10-12 17:54:42The International Monetary Fund says the persistence of the coronavirus and global supply chain crisis weighs on economies.

U.S. Workers Quitting Their Jobs Hit a Record 2021-10-12 17:21:55A government report shows how the balance of power in the labor market has swung toward workers.

Inflation Expectations Climb, Dogging Federal Reserve Officials 2021-10-12 15:19:07A survey by the Federal Reserve Bank of New York shows inflation expectations are the highest since 2013, adding pressure for Fed officials.