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Americans spent less in July as COVID-19 cases surged

NEW YORK (AP) Americans cut back on their spending last month as a surge in COVID-19. ....

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White House drops Trump-era orders attempting to ban TikTok, WeChat

White House drops Trump-era orders attempting to ban TikTok, WeChat
Officials are particularly concerned about apps that collect users personal data or have connections to Chinese military or intelligence activities.
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By Associated Press
WASHINGTON: The White House has dropped Trump-era executive orders that attempted to ban the popular apps TikTok and WeChat and will conduct its own review aimed at identifying national security risks with software applications tied to China, officials said Wednesday.
A new executive order directs the Commerce Department to undertake what officials describe as an evidence-based analysis of transactions involving apps that are manufactured or supplied or controlled by China. ....

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America's Roundup: Dollar gives up gains as markets digest economic data, Wall Street rises, Gold retakes $1,900 level, Oil gains as demand outlook counters supply fears-May 29th,2021

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America’s Roundup: Dollar gives up gains as markets digest economic data, Wall Street rises, Gold retakes $1,900 level, Oil gains as demand outlook counters supply fears-May 29th,2021
Friday, May 28, 2021 9:12 PM UTC
Market Roundup
•US Wholesale Inventories (MoM) 0.8% ,1.3% previous
•US Apr Personal Income (MoM) -13.1%, -14.1% forecast, 21.1% previous
•US Apr Goods Trade Balance -85.23B, -90.60B previous
•US Apr Retail Inventories Ex Auto 0.5%, 0.6% previous
•US Apr Core PCE Price Index (YoY) 3.1%,2.9% forecast, 1.8% previous
•US Apr Personal Spending (MoM) 0.5%, 0.5% forecast, 4.2% previous
•US Apr Core PCE Price Index (MoM) 0.7%, 0.6% forecast, 0.4% previous
•US Apr PCE price index (MoM) 3.6, 2.3 previous ....

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Travel numbers climb as Americans hit the road for holiday

Travel numbers climb as Americans hit the road for holiday
DAVID KOENIG, Associated Press
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1of5FILE - In this May 27, 2021 file photo, vehicles move along southbound Interstate 25 while motorists sit on the Interstate 70 overpass to start the Memorial Day weekend in Denver. Americans were hitting the road in near-record numbers at the start of the holiday weekend. More than 1.8 million people went through U.S. airports on Thursday, and that number could top 2 million over the weekend, the highest mark since early March of last year.David Zalubowski/APShow MoreShow Less
2of5FILE - In this May 26, 2021 file photo, gas prices are displayed as a jet descends to land at Cleveland Hopkins International Airport in Cleveland. Americans were hitting the road in near-record numbers at the start of the holiday weekend. More than 1.8 million people went through U.S. airports on Thursday, and that number could top 2 million over the week ....

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