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U.S. jobless claims jump to 861,000 as layoffs stay high

By Christopher Rugaber, Associated Press

The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of confirmed viral infections.

Snowstorm brings 'most dangerous conditions' seen by Oregon utility

By Sara Cline, Gillian Flaccus, Associated Press

Nearly 150,000 customers remained without power in and around Portland, Oregon, six days after a massive snow and ice storm swept into the Pacific Northwest, taking out hundreds of miles of power lines as ice-laden trees toppled.

How economists see Biden's $15 wage proposal

By Paul Wiseman, Associated Press

The fate of Biden's minimum wage proposal remains hazy. Facing resistance in Congress, the president has acknowledged that he will likely have to omit the measure from the $1.9 trillion COVID-19 financial relief package he is proposing and re-introduce it…

With mounting legal challenges, what are the potential consequences for Trump?

By PBS NewsHour

A top Democrat in the House of Representatives sued former President Trump Tuesday for allegedly inciting the Capitol insurrection, adding to his growing legal challenges. But what conduct is still being looked at and what consequences may result? WNYC's Andrea…

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The 'GameStop effect' on Wall Street isn't over

By Stan Choe, Alex Veiga, Associated Press

The tools smaller-pocketed investors employed can be used again and again, if those smaller investors stay connected on social media forums and if regulators don't change the rules to hinder them.

Bitcoin crosses $50,000 price for first time

By Matt Ott, Associated Press

The same Bitcoin just one year ago would have cost $10,000. The price is up almost 200% in the last three months alone.

Biden extends pandemic help for homeowners, renters wait

By Collin Binkley, Associated Press

President Joe Biden is extending a ban on housing foreclosures to June 30, but the actions don’t address a federal moratorium through March 31 on evictions.

Activists fear Biden is undermining efforts for a higher minimum wage

By Will Weissert, Alexandra Jaffe, Associated Press

President Joe Biden campaigned on raising the national minimum wage to $15 per hour and attached a proposal doing just that to the $1.9 trillion coronavirus pandemic relief bill. But that provision appears in jeopardy. And Biden himself may be…

Luxury car brand Jaguar plans to go all-electric by 2025

By Pan Pylas, Associated Press

Struggling luxury car brand Jaguar will be fully electric by 2025, the British company said Monday as it outlined a plan to phase out internal combustion engines.