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Money & Markets

Passing on your password? Streaming services are past it

NEW YORK — Many of us were taught to share as kids. Now streaming services ranging from Netflix to Amazon to Disney+ want us to stop. That’s the new edict from the giants of streaming media, who are hoping to discourage the common practice of sharing account passwords without alienating ...

Desperate for workers, US restaurants and stores raise pay

WASHINGTON — U.S. restaurants and stores are rapidly raising pay in an urgent effort to attract more applicants and keep up with a flood of customers as the pandemic eases. McDonald’s, Sheetz and Chipotle are just some of the latest companies to follow Amazon, Walmart and Costco in ...

Colonial Pipeline restarts days after major hack

CLEMMONS, N.C. — The nation’s largest fuel pipeline restarted operations Wednesday, days after it was forced to shut down by a gang of hackers. The disruption of Colonial Pipeline caused long lines at gas stations in the Southeast due to distribution problems and panic-buying, draining ...

Gas stations report shortages as pipeline shutdown drags on

CHAMBLEE, Ga. — More than 1,000 gas stations in the Southeast reported running out of fuel, primarily because of what analysts say is unwarranted panic-buying among drivers, as the shutdown of a major pipeline by a gang of hackers entered its fifth day Tuesday. Government officials acted ...

FBI names pipeline cyberattackers as company promises return

WASHINGTON — Hit by a cyberattack, the operator of a major U.S. fuel pipeline said Monday it hopes to have services mostly restored by the end of the week as the FBI and administration officials identified the culprits as a gang of criminal hackers. Colonial Pipeline, which delivers about ...

US unemployment claims fall to a pandemic low of 498,000

WASHINGTON — The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market’s growing strength as businesses reopen and consumers step up spending. Thursday’s report from the Labor ...