Sep 09 COVID-19 surge slows travel industry's recovery By David Koenig, Associated Press Several leading U.S. airlines warned Thursday that the rise in COVID-19 cases due to the delta variant is hurting their bookings and further delaying a recovery for the travel industry. Continue reading
Sep 08 Fed survey finds growth 'downshifted' in summer due to COVID By Martin Crutsinger, Associated Press The Fed survey, released Wednesday, said the slowdown was largely attributable to a pullback in dining out, travel and tourism in most parts of the country, reflecting concerns about the spread of the delta variant. Continue reading
Sep 08 U.S. may hit debt limit in October, Yellen warns By Martin Crutsinger, Associated Press Treasury Secretary Janet Yellen is warning Congress that she will run out of maneuvering room to prevent the U.S. from broaching the government's borrowing limit in October. Continue reading
Sep 08 WATCH: Praising labor, Biden touts his infrastructure plan By Associated Press A day after the national holiday that recognizes labor and labor unions, President Joe Biden praised the movement for its contributions to increasing the prosperity of American workers. Continue reading
Sep 07 Meat, farm workers to get $600 grants in new $700 million aid plan By Josh Funk, Associated Press The grants announced Tuesday are intended to defray some of the costs workers bore as many of them bought their own protective equipment or took unpaid leave as the virus tore through their industries even as they were required to… Continue reading
Sep 07 Efforts grow to end use of potentially harmful parasite drug touted to treat COVID-19 By Matthew Perrone, Associated Press Ivermectin is approved in the U.S. to treat infections from parasites in humans and some animals like cows and horses. But with COVID-19 infections surging again, more Americans are turning to the drug despite warnings that it has shown little… Continue reading
Sep 07 430,000 still without power 9 days after Hurricane Ida By Kevin McGill, Melinda Deslatte, Associated Press The state Public Service Commission said Tuesday that 95 percent of utility customers in the four hardest-hit parishes remain without electricity. In contrast, nearly all power has been restored in the capital city of Baton Rouge, and 73 percent of… Continue reading
Sep 06 Labor shortage leaves union workers feeling more emboldened By Ben Finley, Tom Krisher, Associated Press When negotiations failed to produce a new contract at a Volvo plant in Virginia this spring, its 2,900 workers went on strike. The company soon dangled what looked like a tempting offer: Pay raises. Signing bonuses. Lower-priced health care. Yet… Continue reading
Sep 03 Watch 6:18 Is the U.S. headed for a hiring slowdown? Analyzing the sobering new jobs report The net gain of just 235,000 jobs in the U.S. last month was a huge drop from summer's gains. It could be signaling a hiring slowdown — one that's worse than had been expected. Pandemic unemployment benefits for more than… Continue watching
Sep 03 As California restricts water use for farmers, low supply levels add to drought's harsh reality By Cresencio Rodriguez-Delgado California’s re-emerging drought is placing unprecedented strain on the state's intricate water system, threatening mass agricultural production and basic drinking water in a way experts say is more severe than in years past. Continue reading