Sep 29 Watch 9:57 Two experts on how $3.5T spending bill could affect health and child care, taxes and more As President Biden's economic agenda takes shape on Capitol Hill, Amna Nawaz discusses its potential implications with Joseph Stiglitz, a Nobel Prize winning economist. He was senior vice president and chief economist at the World Bank and teaches at Columbia… Continue watching
Sep 29 WATCH: Federal Reserve Chair defends Federal policies, says inflation may persist By Christopher Rugaber, Associated Press At a panel sponsored by the European Central Bank on Wednesday Powell said the Fed has avoided the mistake of underestimating the severity of pandemic's economic impact. But criticism of the Fed's policies has grown in recent months as inflation… Continue reading
Sep 29 Chemical shortage inflates paints and plastics prices By Paul Wiseman, Tom Krisher, Associated Press Like other manufacturers, plastic, paint and other petrochemical companies have been shaken by the pandemic and by the way consumers and businesses responded to it. Continue reading
Sep 29 YouTube bans false vaccine claims By Amanda Seitz, Associated Press The ban on vaccine misinformation comes as countries around the world continue to offer free immunizations for COVID-19 to a somewhat hesitant public. Continue reading
Sep 28 Ford to build three electric-vehicle battery factories and an auto assembly plant By Tom Krisher, Bruce Schreiner, Associated Press The factories, to be built on sites in Kentucky and Tennessee, will make batteries for the next generation of Ford and Lincoln electric vehicles that will be produced in North America. Continue reading
Sep 27 WATCH: Secretary Yellen, Chairman Powell testify on pandemic recovery By Chris Rugaber, Associated Press Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell are expected to testify at a hearing on Tuesday on the state of the nation's pandemic recovery. Continue reading
Sep 27 Watch 8:28 Why trade jobs are unpopular, and how low-wage workers can get better opportunities By Paul Solman, Lee Koromvokis As the American economy recovers from the worst impacts of the pandemic, questions remain about the labor force and the problems that plagued the economy even prior to the start of COVID-19. In the eighth and final installment of our… Continue watching
Sep 27 House of Representatives begins debate on infrastructure bill By Lisa Mascaro, Zeke Miller, Associated Press With Republicans solidly opposed, Democrats are rushing to trim the total and finish up the big package — an enormous undertaking with consequences certain to shape Biden's presidency and the lawmakers' own political futures. Continue reading
Sep 27 Boston Fed's Eric Rosengren to retire early citing health reasons By Christopher Rugaber, Associated Press Rosengren's announcement also comes after investments by him and other Fed officials last year have raised questions about the Fed's ethics rules. Continue reading
Sep 27 Facebook puts Instagram for kids on hold after pushback By Michelle Chapman, Associated Press The announcement follows a investigative series by The Wall Street Journal which reported that Facebook was aware that the use of Instagram by some teenage girls led to mental health issues and anxiety. Continue reading