May 07 WATCH: Biden reflects on mediocre April job gains By Josh Boak, Associated Press President Joe Biden's promised economic comeback hit a speed bump Friday with the April jobs report, which found modest job gains of 266,000 that complicated his $4 trillion push on infrastructure, education and children. Continue reading
May 06 U.S. unemployment claims fall to a pandemic low of 498,000 By Christopher Rugaber, Associated Press The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market's growing strength as businesses reopen and consumers step up spending. Continue reading
May 05 Small business COVID-19 relief program runs out of money By Joyce M. Rosenberg, Associated Press The government's key COVID-19 relief program for small businesses has run out of money. Continue reading
May 05 WATCH: Biden gives remarks on implementing the American Rescue Plan By Associated Press Under the Biden relief program, which started accepting applications on Monday, restaurants and bars can qualify for grants equal to their pandemic-related revenue losses, with a cap of $10 million per business and $5 million per location. Continue reading
May 04 Biden administration pushes for diversity in transition to clean energy By Cathy Bussewitz, Associated Press President Joe Biden's administration says it wants to ensure diversity among the communities that benefit from the transition and the people who are hired to do the work. Continue reading
May 04 Hyundai recalls over 390,000 vehicles for possible engine fires By Associated Press Hyundai is recalling more than 390,000 vehicles in the U.S. and Canada for two problems that can cause engine fires. In one recall, owners are being told to park their vehicles outdoors until repairs are made. Continue reading
May 04 U.S. trade deficit hit record $74.4 billion in March By Martin Crutsinger, Associated Press The U.S. trade deficit surged to a record $74.4 billion in March as an improving U.S. economy drove purchases of imported foreign goods. Continue reading
May 03 Treasury announces plans to borrow $463 billion this quarter By Martin Crutsinger, Associated Press The big increase of $368 billion was attributed to passage of a $1.9 trillion support measure that President Joe Biden pushed through Congress in March which provided another round of relief payments totaling $1,400 per individual. Continue reading
May 03 New solar power plant for California desert gains federal approval By Associated Press The Crimson Solar Project includes a 350-megawatt energy storage system and could supply enough power for 87,500 homes. The approval comes amid President Joe Biden's plans to fight climate change. Continue reading
May 03 Bill and Melinda Gates announce they are ending marriage By Associated Press The Microsoft co-founder and his wife, who launched the world's largest charitable foundation, said they would continue to work together at the Bill & Melinda Gates Foundation. Continue reading