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Treasury Secretary Janet Yellen on the need to go big with COVID relief
As the debate over an economic relief bill continues in the Senate, the surge in hiring in February suggests that the prospects of a better spring ahead for the U.S. economy. Treasury Secretary Janet Yellen joins Judy Woodruff to discuss…
California to let Major League Baseball, Disneyland reopen
California divides its counties into four color-coded tiers based on the spread of the coronavirus. Attendance limits are based on what tier a county is in.
U.S. adds a strong 379,000 jobs in hopeful sign for economy
U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.
Anger in Lebanon as currency, prices spiral out of control
Protests have broken out in different parts of Lebanon with roads closed by demonstrators who burned tires amid a worsening economic crisis and lack of progress on the formation of a new Cabinet.
Federal Reserve Chair Jerome Powell said Thursday that inflation will likely pick up in the coming months but the increase will be temporary, and won’t be enough for the Fed to alter its low-interest rate policies.
The long-term drivers of managing the debt are rising interest rates and spending on programs such as Social Security and Medicare.
The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in confirmed viral infections and evidence that the overall economy is improving.
Black and Hispanic business owners said they feel disparities in PPP distribution highlight longstanding systemic inequities in the U.S. that have kept entrepreneurs who are not white from accessing capital.
As Washington debates how to provide economic aid during the pandemic, many say one critical component should be part of future deals: forgiving student debt. But determining how much could or should be forgiven is a complicated question. Paul Solman…
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