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The Spokesman-Review Newspaper

The Spokesman-Review Newspaper The Spokesman-Review

Spokane, Washington  Est. May 19, 1883
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Target powers through a pandemic; 2020 sales growth explodes

Target will plow $4 billion into its business each year for the next several years to redo its stores, add new ones and speed up delivery as the discounter aims to keep up with increasingly demanding shoppers shaped by the pandemic.

Virginia lawmakers vote to legalize marijuana in 2024

RICHMOND, Va. – Virginia lawmakers gave final approval Saturday to a bill that will legalize marijuana for adult recreational use, but not until 2024, when retail sales of the drug would also begin.

U.S. consumers rebound to boost spending 2.4% as income jumps

Bouncing back from months of retrenchment, America's consumers stepped up their spending by a solid 2.4% in January, the sharpest increase in seven months and a sign that the economy may be poised to sustain a recovery from the pandemic recession.

Walmart sales still surging, but a chill may be on the way

Walmart is raising wages for 425,000 of its 1.5 million U.S. workers and is investing $14 billion this year to speed up its distribution network as the nation's largest retailer navigates vast industry changes that were accelerated by the pandemic.

U.S. retail sales jumps 5.3%, thanks to $600 stimulus checks

After three months of declines, retail sales soared a seasonally adjusted 5.3% in January from the month before, the U.S. Commerce Department said Wednesday. It was the biggest increase since June and much larger than the 1% rise Wall Street analysts had expected.

Sign of inequality: U.S. salaries recover even as jobs haven’t

In a stark sign of the economic inequality that has marked the pandemic recession and recovery, Americans as a whole are now earning the same amount in wages and salaries that they did before the virus struck — even with nearly 9 million fewer people working.

Wall Street rallies late to end week of wobbly trading

Stocks remained mixed in early trading on Friday, following the highs the market set the day before. The market remains focused on trillions of dollars of potential government aid that could be coming for the economy, as Democrats move forward with their stimulus package.

U.S. long-term mortgage rates flat; 30-year stays at 2.73%

U.S. long-term mortgage rates were flat this week for a second straight week. Home-loan rates stayed near record lows as the economy, especially in the services sector, remains burdened by the coronavirus pandemic.