Tag: Business

Former Bucks player Junior Bridgeman buys minority stake in the franchise

MILWAUKEE -- Junior Bridgeman played for the Milwaukee Bucks long enough to retire as the team leader in games played and performed well...

Cryptocurrency exchange network accused of helping Russia hit with sanctions

WASHINGTON -- A network of people and virtual currency exchanges associated with harboring Russian cybercrime were hit with sanctions on Thursday, in a...

Average rate on a 30-year mortgage slips to 6.08%, lowest level in two years

The average rate on a 30-year mortgage in the U.S. slipped to its lowest level in two years, boosting home shoppers’ purchasing power...

The number of Americans filing for jobless aid falls to lowest level in 4 months

The number of Americans applying for unemployment benefits last week fell to the lowest level in four months.The Labor Department reported Thursday that...

Harrods apologizes to women who say they were abused by former owner Mohamed Al Fayed

LONDON -- The managing director of Harrods said Thursday that the London department store is “deeply sorry” for failing employees who say they...

China redoubles first-aid for its economy with support for banks and workers

China is redoubling its first-aid for its economy, targeting banks, workers and poor families as the ruling Communist Party prepares to mark the...