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$1,400 stimulus checks helped March retail sales soar 9.8%

$1,400 stimulus checks helped March retail sales soar 9.8%

NEW YORK — Newly vaccinated and armed with $1,400 stimulus checks, Americans went on a spending spree last month, buying new clothes and going out to eat again. Retail sales surged a seasonally adjusted 9.
Citigroup profit triples in 1Q, tops estimates; revenue down

Citigroup profit triples in 1Q, tops estimates; revenue down

NEW YORK — Citigroup's profits more than tripled in the first quarter, the banking conglomerate said Thursday, helped by the release of billions of dollars from its loan-loss reserves.
Toyota recalls Venza SUVs to fix air bag wiring problem

Toyota recalls Venza SUVs to fix air bag wiring problem

DETROIT — Toyota is recalling nearly 280,000 Venza SUVs in the U.S. because a wiring problem can stop the side air bags from inflating in a crash. The recall covers Venzas from the 2009 through 2015 model years. Documents posted Thursday by the U.S.
Strategize when ordering meal kits for one, families, picky eaters and special diets

Strategize when ordering meal kits for one, families, picky eaters and special diets

TORONTO — For Jason Kucherawy, dinnertime requires serious organization. The Toronto tour company owner will try anything, his wife mostly sticks with a vegetarian diet but will eat chicken and their kids' tastes are anyone's guess.
Statistics Canada says manufacturing sales fell 1.6 per cent in February

Statistics Canada says manufacturing sales fell 1.6 per cent in February

OTTAWA — Canadian manufacturing sales fell 1.6 per cent in February as the auto sector faced a shortage of microchips that forced some assembly plants to ramp down production or shut down. Statistics Canada said Thursday manufacturing totalled $55.
US jobless claims plunge to 576,000, lowest since pandemic

US jobless claims plunge to 576,000, lowest since pandemic

WASHINGTON — The number of Americans applying for unemployment benefits tumbled last week to 576,000, a post-COVID low and a hopeful sign that layoffs are easing as the economy recovers from the pandemic recession.
US industrial production warms with the weather, rising 1.4%

US industrial production warms with the weather, rising 1.4%

WASHINGTON — American industry rebounded last month as the United States recovered from an unusually frigid February. Industrial production — including output at factories, mines and utilities — rose 1.4% in March, reversing a 2.
Report: Dubai 'jetman' didn't deploy chute in fatal crash

Report: Dubai 'jetman' didn't deploy chute in fatal crash

DUBAI, United Arab Emirates — One of Dubai's famed “jetman” pilots killed in a crash in November failed to deploy the emergency parachute attached to the winged engines strapped to his back, an investigative report released Thursday found.
Months after hack, US poised to announce sanctions on Russia

Months after hack, US poised to announce sanctions on Russia

WASHINGTON — The Biden administration is preparing to announce sanctions in response to a massive Russian hacking campaign that breached vital federal agencies, as well as for election interference, a senior administration official said Wednesday nig
Ponzi schemer Bernie Madoff dies in prison at 82

Ponzi schemer Bernie Madoff dies in prison at 82

NEW YORK — Bernard Madoff, the infamous architect of an epic securities swindle that burned thousands of investors, outfoxed regulators and earned him a 150-year prison term, died behind bars early Wednesday. He was 82.
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