Mar 23 WATCH: Health care experts testify about prescription drug prices By News Desk Health care experts will testify Tuesday before the Senate Health, Education, Labor, and Pensions Committee about the high cost of prescription drugs in the U.S. Continue reading
Mar 22 WATCH LIVE: Senate resumes hearing to consider nomination of Marty Walsh as secretary of labor By Associated Press Walsh has a long history with labor, he served as president of Laborers Local 223 and, before becoming mayor, headed up the Boston Building Trades — a union umbrella organization. Continue reading
Mar 21 Watch 9:17 This guaranteed income experiment looks to reverse ‘history of judgement’ on people in poverty By Zachary Green Many cities across the country are beginning to experiment with the idea of a guaranteed income: an amount of money meant to address the basic needs of a person living in the U.S., distributed on top of regular income. In… Continue watching
Mar 21 Oil giant Saudi Aramco sees 2020 profits drop to $49 billion By Isabel Debre, Associated Press Saudi Arabia’s state-backed oil giant Aramco says its profits nearly halved in 2020 to $49 billion. Sunday's announcement of the big drop came as the coronavirus pandemic roiled global energy markets. Continue reading
Mar 21 Watch 7:39 Stockton, California, gave residents a guaranteed income. Here’s what happened By PBS NewsHour What would happen if you gave people $500 a month, no strings attached? Stockton, California set out to answer that question two years ago as one of the first U.S. towns to pilot a Universal Basic Income program. Former Stockton… Continue watching
Mar 20 Watch 9:06 As Lebanese economic crisis worsens, Syrian refugees left with few options By Leila Molana-Allen For the past decade, Syria has been engaged in a bitter civil war with no end in sight. The conflict has forced hundreds of thousands of Syrians to flee their home country, seeking refuge in towns across the border. On… Continue watching
Mar 18 Treasury to launch education effort for relief package By Martin Crutsinger, Associated Press Officials at the Treasury Department briefed reporters Thursday on the efforts they are planning, including highlighting a provision in the measure that expands the child tax credit. Continue reading
Mar 18 Watch 8:11 As nationwide unemployment grows, Rhode Island steps in to help residents find work By Paul Solman, Lee Koromvokis This week marked the 52nd straight week of high unemployment claims, with numbers rising as more than a million people filed for state and emergency federal unemployment benefits across the country. One state, Rhode Island, is working to reverse that… Continue watching
Mar 18 Students who got partial loan relief to see full discharge By Carole Feldman, Associated Press The Education Department says the change could lead to $1 billion in loans being canceled for 72,000 borrowers, all of whom attended for-profit schools. Continue reading
Mar 18 U.S. jobless claims rise to 770,000 with layoffs still high By Paul Wiseman, Associated Press The number of Americans seeking unemployment benefits rose last week to 770,000, a sign that layoffs remain high even as much of the U.S. economy is steadily recovering from the coronavirus recession. Continue reading