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Business

Local business preserves the past with local video transfers and restorations

REEDSVILLE — Taking a video wasn’t always as easy as pulling out a cellular phone and pressing the record button. In the past if you wanted to capture a special event you needed to use an analog device such as a camcorder and record it on a video cassette tape. Over the years as digital ...

Stocks stall, S&P 500 still on track for a 3rd weekly gain

Wall Street closed out a mostly listless week Friday with a wobbly day of trading that helped nudge the S&P 500 to its third straight weekly gain. The benchmark index edged up 0.2% after spending much of the day in the red. The small uptick was enough to lift the S&P 500 to an ...

At El Salvador’s Bitcoin Beach, a glimpse of crypto economy

EL ZONTE, El Salvador (AP) — After El Salvador’s congress made the bitcoin legal tender this week, eyes turned to this rural fishing village on the Pacific coast. Known to surfers for its pounding waves, El Zonte has had the cryptocurrency in its economy for the past year. Some 500 ...

US stocks end higher, erasing weekly loss for the S&P 500

Health care and technology companies helped drive stocks higher Thursday, bringing the S&P 500 index to a record high and out of the red for the week. The benchmark index rose 0.5%, and is on track for its third straight weekly gain. Bond yields initially rose, then mostly fell after a ...

US unemployment claims fall to 376,000, sixth straight drop

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell for the sixth straight week as the U.S. economy, held back for months by the coronavirus pandemic, reopens rapidly. Jobless claims fell by 9,000 to 376,000 from 385,000 the week before, the Labor Department ...