Economy

Filter

WATCH: Biden speaks on July job gains

By Paul Wiseman, Associated Press

The unemployment rate dropped to 5.4 percent as the U.S. economy continues to bounce back with surprising vigor from last year’s coronavirus shutdown.

Apple to scan U.S. iPhones for images of child abuse

By Barbara Ortutay, Frank Bajak, Associated Press

Apple is planning to scan U.S. iPhones for images of child abuse, drawing applause from child protection groups but raising concern among some security researchers that the system could be used to surveil citizens.

WATCH: Biden seeks to boost fuel economy to thwart Trump rollback

By Tom Krisher, Aamer Madhani, Associated Press

Declaring the U.S. must “move fast” to win the world's carmaking future, President Joe Biden announced a commitment from the auto industry to produce electric vehicles for as much as half of U.S. sales by the end of the decade.

WATCH: Senators struggle to finish the $1 trillion infrastructure bill

By Lisa Mascaro, Kevin Freking, Associated Press

Nearing decision time, senators were struggling to wrap up work on the bipartisan infrastructure plan despite hopes to expedite consideration and voting on the nearly $1 trillion proposal.

This year's summer of climate extremes hits wealthier places

By Seth Borenstein, Frank Jordans, Associated Press

The founder of a disaster database maintained at a Belgian University says, "It is not only a poor country problem, it's now very obviously a rich country problem."…

As housing costs boom, how home-buyers in one city search for affordability

By Paul Solman

As the U.S. grapples with the coronavirus, housing costs are skyrocketing. According to the latest S&P Core Logic Case-Shiller index, home prices were up almost 17 percent over the last year -- and in many places, the jump was worse.

Continue watching

Why keeping delta variant in check is so important to our economy

As the economy tries to regain ground lost during the pandemic, and the delta variant threatens its progress, the nation’s top economists are watching a number of measures of recovery -- from housing costs and ownership rates, to jobs, interest…

Continue watching

AP EXPLAINER: Will new CDC moratorium keep tenants housed?

By Michael Casey, Associated Press

After a federal eviction moratorium was allowed to lapse this weekend, the Centers for Disease Control and Prevention issued a new moratorium Tuesday on evictions that would last until Oct. 3.

Mexico sues U.S. gun manufacturers over arms trafficking toll

By E. Eduardo Castillo, Associated Press

The Mexican government is suing U.S. gun manufacturers and distributors, arguing that their commercial practices have unleashed tremendous bloodshed in Mexico.

CDC issues new eviction ban for most of U.S. through Oct. 3

By Josh Boak, Lisa Mascaro, Jonathan Lemire, Associated Press

The new moratorium could help keep millions in their homes as the coronavirus’ delta variant has spread and states have been slow to release federal rental aid.