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ABC News: Money

More than 1,200 migrants reach Italian island on 2021-05-09 17:41:37Human traffickers exploited calm seas, warm weather to launch multiple vessels.

Is Epic Games' showdown with Apple turning into 2021-05-09 16:12:52If Epic Games hopes to dismantle the fortress surrounding Apple’s iPhone and its app store, the video game maker probably will need to roll out

Cyberattack on US pipeline is linked to criminal 2021-05-09 16:08:18The cyberextortion attempt that forced the shutdown of a vital U.S. pipeline was carried out by a criminal gang known as DarkSide that cultivates a Ro

EU launches conference to debate its future with 2021-05-09 16:03:27EU begins a wide consultation process to design the shape of the bloc’s future.

Sturgeon: Scotland independence vote matter of when, not 2021-05-09 15:57:24Scottish National Party just won its fourth straight parliamentary election.

The Latest: France welcomes EU curb on AstraZeneca 2021-05-09 13:30:16French President Emmanuel Macron welcomed the decision from the European Union not to renew its order for the AstraZeneca COVID-19 vaccine

Queen's cousin accused of willingness to sell Kremlin 2021-05-09 12:14:01An investigative report by British media says that Queen Elizabeth II’s cousin, Prince Michael of Kent, was willing to use his royal status for

French demonstrators demand more action on climate change 2021-05-09 11:31:46Thousands of demonstrators have taken to the streets of Paris and other French cities to call for more ambitious measures in the fight against climate

Job market for new grads: Much hiring but 2021-05-09 11:14:18This year’s graduating class of college seniors is poised for better prospects than were the 2020 graduates, who had the misfortune to graduate

Street parties celebrate end of Spain's state of 2021-05-09 10:49:02Impromptu street celebrations erupted in many cities across Spain as the clock struck midnight Saturday, when a six-month-long national state of emerg

Long-haul carrier Emirates to ship aid for free 2021-05-09 10:30:18Dubai’s long-haul carrier Emirates will begin shipping aid from the World Health Organization and other groups into India for free to help fight

Ransomware gangs get more aggressive against law enforcement 2021-05-09 08:30:31Criminal hackers are now using increasingly brazen methods to try to extort money from law enforcement agencies, including leaking or threatening to l

L.A. Times - Business

A 5-hour line: Southeast gas prices surge after New! 2021-05-11 21:40:40Gas prices are rising everywhere, even in Southern California, far from the Colonial pipeline shut down by cyberattack. California has its own issues.

Snap suspends anonymous Q&A apps Yolo and LMK New! 2021-05-11 19:44:21The mother of Carson Bride, a 16-year-old who died after being bullied over Snapchat apps, filed suit against the tech companies yesterday.

DJ Alesso spins Studio City architectural onto the New! 2021-05-11 19:19:36After three years in Studio City, Swedish DJ Alesso is asking $6.5 million for his architectural home with a movie theater and bar.

Black Mountain Ranch, a 3,600-acre spread in Ojai, New! 2021-05-11 15:54:02Black Mountain Ranch, a 3,600-acre working cattle/horse ranch that combines 63 parcels in Ojai, just hit the market for $100 million.

Column: Stop fretting about 'herd immunity' — we're New! 2021-05-11 10:06:28Experts think we have warped expectations of what it means for society to be immune from COVID-19.

Column: That 'infrastructure' fee on some internet bills 2021-05-11 09:00:02Frontier Communications is quietly charging internet customers an 'infrastructure surcharge' of $7 to recoup routine business costs.

Ready to travel again? You're not the only 2021-05-11 07:00:08As travelers begin to plan vacations as COVID-19 cases wane, road trips to outdoor destinations are emerging as a popular choice.

Tobey Maguire gets $10.7 million for a patch 2021-05-10 18:08:07Actor Tobey Maguire just sold a 1-acre plot of land in Brentwood for $10.75 million, the second-priciest land deal in L.A. so far this year.

Lachlan Murdoch drops $29.8 million on an Australian 2021-05-10 17:13:42In the coveted coastal community of Point Piper in Australia, media mogul Lachlan Murdoch has paid $29.8 million for a small boat shed.

Column: If California is such an 'anti-business' state, 2021-05-10 14:46:55A new survey concludes that California is most anti-business state, but it can't explain why it's also the fastest-growing.

A teen who was bullied on Snapchat died. 2021-05-10 14:12:46A lawsuit filed against the maker of Snapchat and two apps, YOLO and LMK, that use its platform, alleges the apps present an unreasonable risk of harm

Newsom proposes additional $600 stimulus checks and $5 2021-05-10 13:54:41The proposal to deliver $8 billion in new cash payments to millions of Californians amid the COVID-19 pandemic is part of a $100-billion state budget

Economy

Biden urges employers to boost wages but warns 2021-05-10 17:56:19Biden said his administration will distribute more coronavirus relief funds as it tries to spur hiring after a weak April jobs report.

Restaurants are ‘sucking wind’ but fighting back to 2021-05-10 15:46:27Proprietors faced closures, space restrictions and lingering uncertainty. They're now facing a potentially crippling labor shortage as summer approac

Infrastructure plan should cost up to $800 billion, 2021-05-10 14:18:56Sen. Mitch McConnell is set to discuss infrastructure with President Joe Biden and congressional leaders on Wednesday.

U.S. Chamber of Commerce blames weak jobs report 2021-05-07 18:13:25The U.S. Chamber of Commerce blamed a $300-per-week federal jobless benefit for April's far-weaker-than-expected jobs report.

Labor secretary says pandemic is still weighing on 2021-05-07 15:17:09Labor Secretary Marty Walsh said after April's disappointing jobs report that in normal circumstances 266,000 jobs "is a good number."

Here's where the jobs are — in one 2021-05-07 10:24:23U.S. firms hired far fewer workers than expected in April, as employers struggled to find people to fill job openings.

April's expected hiring boom goes bust as nonfarm 2021-05-07 09:50:10Hiring was a huge letdown in April, with nonfarm payrolls increasing by a much less than expected 266,000 and the unemployment rate rose to 6.1%.

April jobs expected to top 1 million as 2021-05-07 07:24:39Hiring was strong in April and job growth could top 1 million, though many jobs also went unfilled.

China's trade with the U.S. and Australia grew 2021-05-07 03:14:48U.S. dollar-denominated exports rose 32.3% in April from a year ago, beating an estimate of 24.1% growth from analysts polled by Reuters.

Fed warns about potential for 'significant declines' in 2021-05-06 17:17:43Rising asset prices in the stock market and elsewhere are posing increasing threats to the financial system, the Fed warned in a report Thursday.

Jobless claims tumble below 500,000 in another sign 2021-05-06 10:03:45Initial claims for unemployment benefits fell sharply last week to 498,000, a drop of nearly 100,000 from the previous week and below the 527,000 esti

Private payrolls show big gain in April but 2021-05-05 08:46:39Private payrolls grew by 742,000 in April, according to ADP. It was well above March's 565,000 new jobs, but less than the 800,000 Dow Jones estimate

NYT > Economy

Vaccinated Travelers Face Chaos and Confusion 2021-05-06 07:13:00The world beckons, especially for those who have been vaccinated, but would-be travelers face a difficult moment when travel possibilities are at odds

‘We’re Suffering’: How Remote Work Is Killing Manhattan’s 2021-05-06 05:09:43Landlords cut small retailers a break on rent during the pandemic, but stores are still struggling because too few office workers and tourists have re

Covid and Travel: Why an Estimated 100,000 Americans 2021-05-06 05:00:17Consular appointments for U.S. citizens overseas are nearly impossible to come by as many embassies, plagued by Covid restrictions and staff reduction

Restaurants and Bars Rush to Apply for New 2021-05-05 23:32:12The industry’s return will serve as a major test of President Biden’s goal of bringing the country back to some version of normal by this

Fed Officials Tamp Down Overheating Concerns 2021-05-05 17:23:01Markets gyrated this week on concern that the Federal Reserve may lift rates earlier. But its policymakers stuck with their patient script on Wednesda

Mozambique Mints a New National Park — and 2021-05-05 13:49:55In the wake of wars, natural disasters and insurgencies, Mozambique is experiencing an environmental renaissance. One of the results is a new and stun

Shopping for Sofas, Hot Tubs or Espresso Equipment? 2021-05-05 12:23:14As Americans with disposable income start shopping again, an odd assortment of products like espresso equipment, sofas and natural deodorant have beco

Can the Biden Agenda Fix Middle America’s Deepest 2021-05-05 10:00:17One key economic goal is to create the virtuous cycles of innovation and jobs that already occur in many coastal cities.

Yellen Says Rates Might Need to Rise as 2021-05-04 17:33:58Ms. Yellen, the Treasury secretary, said that some “modest” increases might be necessary. She later clarified to say that she was not maki

Jerome Powell strikes a hopeful tone but emphasizes 2021-05-03 14:39:10“We will only reach our full potential when everyone can contribute to, and share in, the benefits of prosperity,” the chair of the Federa

Widespread Commodity Shortages Raise Inflation Fears 2021-05-03 12:55:28For products as diverse as lumber and microchips, price increases are filtering through the economy.

Biden’s Proposals Aim to Give Sturdier Support to 2021-05-02 17:39:11His message is that the private sector alone cannot provide security and comfort to the vast majority of Americans.