US Factory Activity Near 14-Year High; Home Sales Rose in December

WASHINGTON—U.S. manufacturing activity surged to its highest level in nearly 14 years in early January, but bottlenecks in the supply chain caused by the COVID-19 pandemic are driving up prices…

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COVID-19 Pressures US Retail Sales; Manufacturing Shines

WASHINGTON—U.S. retail sales fell for a third straight month in December as renewed measures to slow the spread of COVID-19 triggered job losses, further evidence that the wounded economy lost…

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US Weekly Jobless Claims Increase More Than Expected

WASHINGTON—The number of Americans filing first-time applications for unemployment benefits surged last week, confirming a weakening in labor market conditions as a worsening COVID-19 pandemic disrupts operations at restaurants and…

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Local Leaders Hope Proposed California Budget Will Help Businesses, Schools

Orange County leaders say they're optimstic the recently-released draft budget will benefit local businesses and public schools. “We think that this budget that the governor presented has a number of…

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