After more than three decades, McDonald’s is pulling out of Russia and seeking to find a “local buyer” for its business there — which includes 850 restaurants in the country. Read more
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Feeling a bit cheated when you look down at your plate? It’s not just a figment of your imagination — portions at U.S. restaurants are indeed getting smaller. Call it shrinkflation: when sizes… Read more
JetBlue Airways on Monday launched a second bid to buy Spirit Airlines, weeks after Spirit’s board of directors rejected the initial bid, saying it was unlikely to win approval from regulators. Read more
Elon Musk sowed new chaos into the market over his takeover bid for Twitter Inc. Friday, first claiming his offer was “temporarily on hold” and then maintaining he is “still committed” to the … Read more
The biggest players in the U.S. meat industry pressed “baseless” claims of beef and pork shortages early in the pandemic to persuade the Trump White House to keep processing plants running, di… Read more
A mega roll of Cottonelle toilet paper used to contain 340 sheets. Now, it’s 312. Read more
The news that Tesla is coming to New Hampshire — probably, at least — is the latest indication that life is changing for New Hampshire’s auto dealerships as electric vehicles take center stage… Read more
Home buyers have been feeling the pinch of rising prices for more than a year, but now higher mortgage rates are further cutting into affordability. The first-quarter “2022 U.S. Home Affordabi… Read more
Significant demand for industrial, warehouse and distribution space, combined with a strong housing market, will keep construction companies busy in 2022, but supply chain disruptions, labor s… Read more
Jerome Powell sailed through the Senate on Thursday with strong bipartisan support for a second term as chairman of the Federal Reserve Board. The Senate voted 80-19 to confirm Powell, who will preside over the Fed as it makes decisions about how to tackle inflation that has reached a level not seen since the early 1980s. Powell, who has been acting chairman since February, drew praise from ... Read more
For drivers filling up their gas tanks or renters signing away their monthly checks, inflation has gripped their budgets and showed little sign of letting go. Read more
Prices rose 8.3 percent in April compared with a year ago, giving policymakers some nascent hope that soaring inflation may be starting to slow down, even as households continue to feel the pain. Read more
Technology stocks got battered again Monday, with the Nasdaq closing down more than 4 percent as investors dumped shares in household-name companies, concerned about the prospects of slower gr… Read more
The search for normal beyond a statistical model can be elusive. There’s a normal day, normal physique, normal intelligence and normal behavior. But what is the new normal or post-pandemic nor… Read more
Dion Letcher’s family has run a fertilizer business in Garden City, Minn., on the flat plains south of Mankato since the Eisenhower administration. Letcher is still not sure how to explain the… Read more
Angela Strozewski was appointed executive vice president and chief operating officer of N.H. Mutual Bancorp — the umbrella partnership that includes Savings Bank of Walpole, NHTrust, Merrimack… Read more
U.S. employers posted a record 11.5 million job openings in March, and some 4.5 million Americans quit or changed positions, matching previous highs, reflecting continued strength in the rapid… Read more
If you’re like most people, you wouldn’t think of writing a love letter to a person you’ve never met. Read more
Consumers seem undaunted by higher prices of everything from luxury cars to beer, letting companies like Anheuser-Busch InBev NV and BMW AG boost profits despite economic threats ranging from … Read more
ORLANDO — On the freshly painted white walls of Mannie and Jamie Carmona’s downtown spa here, there’s a plastic case filled with empty Botox vials and syringes. A label on the case reads, “In … Read more
Overturning Roe v. Wade risks widening economic inequality in the U.S., threatening decades of gains for women in places where abortion could be all but banned. Read more
The grandfather of the modern microbrewery movement, Fritz Maytag, once mused that “one day, there will be a brewery in every town in America,” recalled Steve Hindy, co-founder of Brooklyn Brewery. Read more
With more than 30 years at his family’s business, Tyler’s Small Engine in Antrim, owner Mike Tyler has seen hard times. Read more
WASHINGTON — The U.S. unemployment rate remained steady at 3.6 percent in April, as employers added 428,000 jobs to an already robust recovery, the Labor Department said Friday. Read more
WASHINGTON — For the first time in 22 years, the Federal Reserve on Wednesday pushed up interest rates by a full half-percentage point — a significant escalation of its efforts to get control of troublingly high inflation. The Fed action will raise costs for new borrowers and increase interest payments that many households, already stressed by higher prices for food and gas, are making on ... Read more
U.S. companies added in April the fewest jobs in the pandemic recovery, underscoring the persistent challenges faced by small firms to increase headcount in a tight labor market. Businesses’ payrolls increased by 247,000 last month, after a revised 479,000 gain in March, according to ADP Research Institute data released Wednesday. The median estimate in a Bloomberg survey of economists called ... Read more
WASHINGTON — The Federal Reserve is expected to raise interest rates again Wednesday, this time by half a percentage point, in an aggressive step toward combating the highest inflation in 40 years. Read more
The world’s richest man, Elon Musk, attacked a publication owned by the world’s third richest man, Jeff Bezos, last month for reprinting a column published by the world’s 13th richest man, Mik… Read more
WASHINGTON — Zein El-Amine has three bags in the trunk of his Toyota Prius. Read more
The persistent gap between the percentage of homeowners who are white and those who are Black continues even though homeownership rates in general climbed to 65.5 percent in 2020, a 1.3-point … Read more
Insurance is all about risk protection. And the last two years have driven demand for insurance products as businesses seek assurance in a world filled with uncertainty. However, risk protecti… Read more
Electricity began lighting wealthy neighborhoods around the United States in the 1880s. By 1930, nine of 10 city dwellers were wired, while nine of 10 rural residents remained without. It took… Read more
After over two years of pandemic-era schooling, labor shortages and political battles over schools, some New Hampshire districts say they’re facing an unprecedented number of open positions fo… Read more
The state announced a new $3 million fund that would cover reimbursements to local restaurants for equipment, infrastructure and technology purchases. Read more
WASHINGTON — Lawmakers on Capitol Hill aggressively questioned the chief executives of the country’s four major beef producers this week, accusing them of engaging in anti-competitive practice… Read more
Millions more Americans are borrowing money from family and friends than they were a year ago, a sign that household budgets are coming under strain as prices surge. Read more
Fireworks Restaurant in downtown Keene is preparing to reopen, according to Adam Berube, the new owner and former general manager there. Read more
More than half of N.H. Bar Association members say they are satisfied with practicing law in New Hampshire, but when the numbers are broken down by race and ethnicity and gender, the story is … Read more
Technology stocks extended losses Friday as shares of what were once market darlings at the height of the pandemic headed for their worst monthly drop since the global financial crisis. Read more
WASHINGTON — The U.S. economy stumbled in the first three months of 2022, as inflation fears, the omicron coronavirus wave and the ongoing war in Ukraine weighed heavily on businesses and families. Read more
The end of pandemic-driven forbearance on mortgage payments has triggered a rise in foreclosures on homes nationwide. But New Hampshire had one of the lowest foreclosure rates in the country d… Read more
NEWPORT — At Aurora Bakery, a nonprofit bakery nestled in downtown Newport, a plan to expand its offerings means more than adding menu items. The expansion also refers to more opportunities to… Read more
At the park near Duboce Triangle in San Francisco, 5 p.m. is canine happy hour. About 40 dogs run around, chasing balls and wrestling, as their owners coo and ’90s hip-hop bumps out of a porta… Read more
With many law firms returning to in-person or hybrid work after two years of isolation and stress caused by the COVID-19 pandemic—combined with the staffing shortages created by the so-called … Read more
WASHINGTON — Six years ago, Indiana’s then-Gov. Mike Pence scrambled to change a “religious freedom” bill he’d just signed into law because Corporate America objected. Read more
Love may be blind, but consumers aren’t. At least when it comes to higher prices. Read more
Federal Reserve Chair Jerome Powell outlined his most aggressive approach to taming inflation to date, potentially endorsing two or more half percentage-point interest-rate increases while des… Read more
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