Business News for Jan. 27, 2022

The U.S. economy ended last year with a flourish as consumer spending and business investment helped loosen the pandemic’s stubborn grip. Gross domestic product — the broadest measure of the…

DFL will focus on public safety, family economics

We are closing in on two years of living with COVID-19. For most of us, these have been two of the most difficult years of our lives. We are exhausted…

Port of Va. had $100B+ economic impact in FY21

Port set cargo handling record amid pandemic Published January 27, 2022 by Kate Andrews Portsmouth Marine Terminal Amid some of the toughest months of the pandemic, the Port of Virginia…

The US Economy Grew at Its Fastest Rate Last Year Since 1984

The US economy grew 5.7% throughout last year, the fastest expansion since 1984. That puts Biden in the same ranks as Reagan, who saw similar growth after the early-’80s recessions.…

Biden’s Economy Is Surging but Voters Still See Gloom

The contrast between how the economy is doing on paper and how it feels on the ground has made it difficult for Mr. Biden to capitalize politically on what has…

Charlotte non-profit helps Latin businesses apply for aid

Prospera is helping business owners apply for aid they may not have been aware existed. DAVIDSON, N.C. — The pandemic’s toll on the economy is no secret, especially on locally-owned…

The difference between the stock and forex markets

  A few key distinctions set them apart when it comes to the stock market and the forex market. For starters, the stock market is based on company stocks, while…

Stock market news today: Dow and S&P 500 updates

Investors are incredibly anxious about inflation, which refuses to go away. The Dow plummeted more than 1,050 points, or 3.3%, in late afternoon trading Tuesday. The S&P 500 and Nasdaq…

Why the ghost of 2008 still haunts us in 2022

This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN Business  —  All week, there have events…

Dow plunges and is back in a bear market

New York CNN Business  —  The third quarter is about to end – and investors are wishing the past nine months good riddance. Stocks fell Thursday, giving up much of…

UK economy: What next as crisis after crisis hits?

London CNN Business  —  There was good news and bad in Friday’s revised data about the UK economy. It grew — marginally — in the second quarter of the year,…

Intel’s Dividends Can Hold Up, But The Business Faces Uncertainty In The Future

First published on Simply Wall St News Summary: Intel’s production expansion is projected to cost more than $120b, and will be partly supported by the U.S. Chips act. The next…