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Toyota slashes production as pandemic strains supply chain

By Yuri Kageyama, Associated Press

In North America, Toyota said it expects August production to be slashed by 60,000 to 90,000 vehicles.

Data of more than 40 million exposed in T-Mobile breach

By Associated Press

The names, Social Security numbers and information from driver's licenses or other identification of just over 40 million former and prospective customers that applied for T-Mobile credit were exposed in a recent data breach, the company said Wednesday.

WATCH: Fed chair Jerome Powell says there's no returning to pre-pandemic economy

By Martin Crutsinger, Associated Press

Federal Reserve Chairman Jerome Powell said Tuesday that the U.S. economy has been permanently changed by the COVID pandemic and it is important that the central bank adapt to those changes.

July retail sales fell 1.1 percent as COVID-19 surge hits spending

By Joseph Pisani, Associated Press

Americans cut back on their spending last month as a surge in COVID-19 cases kept people away from stores.

U.S. opens formal probe into Tesla Autopilot system

By Tom Krisher, Associated Press

The investigation covers 765,000 vehicles, almost everything that Tesla has sold in the U.S. since the start of the 2014 model year.

Month 2 of child tax credit hits bank accounts

By Associated Press

The U.S. Department of Treasury says the second monthly child tax credit payment has begun to be disbursed. More than $15 billion will be paid out to families of about 61 million children.

Kentucky Sen. Paul failed to disclose wife's stock trade at the start of pandemic

By Brian Slodysko, Associated Press

The Republican filed a disclosure Wednesday revealing that Kelley Paul purchased as much as $15,000 in Gilead stock in February 2020. Trades are supposed to be reported within 45 days.

Back-to-back price hikes, wholesale costs up 1 percent in July

By Martin Crutsinger, Associated Press

Over the past 12 months, prices at the wholesale level are up a record 7.8 percent, surpassing the old record of a 7.3 percent gain set for the 12 months ending in June.

U.S. jobless claims near pandemic low as economy strengthens

By Christopher Rugaber, Associated Press

The number of Americans seeking unemployment benefits fell for a third straight time last week, the latest sign that employers are laying off fewer people as they struggle to fill a record number of open jobs and meet a surge…

WATCH: Schumer sees tough pathway for $3.5 trillion social, climate plans

By Alan Fram, Associated Press

The 10-year fiscal blueprint is aimed at helping lower and middle income people and slowing the planet's ominously warming temperatures. Schumer said they have a good chance of success.