Feb 24 Chairman Powell says Federal Reserve is in no hurry to raise interest rates By Martin Crutsinger, Associated Press Powell also warned Wednesday that many who had worked in industries hardest hit by the pandemic and ensuing recession will likely need to find different jobs. Continue reading
Feb 24 WATCH: Biden to order a review of U.S. supply chains for vital goods By Associated Press President Joe Biden is preparing to sign an executive order to review U.S. supply chains for large-capacity batteries, pharmaceuticals and critical minerals. Continue reading
Feb 23 WATCH: Senate holds hearing on SolarWinds hack By Associated Press President Joe Biden has said that dealing with “Russian recklessness and hacking into computer networks in the United States and across Europe and the world has become critical to protecting our collective security.”… Continue reading
Feb 23 Fed Chair Powell says recovery incomplete, higher inflation unlikely By Christopher Rugaber, Associated Press Federal Reserve Chair Jerome Powell underscored the U.S. economy's ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon. Continue reading
Feb 23 Facebook to lift Australia news ban after dispute over paying for journalism By Rod McGuirk, Associated Press The social media company caused alarm with its sudden decision last week to block news on its platform across Australia. Continue reading
Feb 22 In Texas, attention turns to storm repairs, delivering aid By Jake Bleiberg, Associated Press Many people are still getting a sense of the wreckage left by the icy blast that hit Texas and much of the Deep South last week, knocking out power to millions and contributing to nearly 80 deaths. Continue reading
Feb 22 WATCH: Biden makes announcement about Paycheck Protection Program for small businesses By Zeke Miller, Associated Press President Joe Biden announced changes Monday to target more federal pandemic assistance to the nation’s smallest businesses and ventures owned by women and people of color. Continue reading
Feb 19 Manchin’s opposition threatens to sink Biden budget nominee By Kevin Freking, Associated Press Democratic Sen. Joe Manchin of West Virginia said Friday that he will oppose Neera Tanden's confirmation. Continue reading
Feb 19 Federal Reserve sees modest pickup in hiring this month By Christopher Rugaber, Associated Press The Federal Reserve says there’s evidence that hiring has picked up in recent weeks, though the job market remains badly damaged by the pandemic. Continue reading
Feb 18 Watch 8:35 With millions looking for work, stigmas create a dearth of skilled tradespeople By Paul Solman Jobless claims were high again this past week with more than 860,000 people filing for unemployment benefits for the first time. Millions of people are still looking for work, but some employers say they can't find enough skilled workers for… Continue watching