Nov 25 U.S. jobless claims rise to 778,000 as pandemic worsens The Labor Department's report Wednesday said jobless claims climbed from 748,000 the week before. Continue reading
Nov 24 Enbridge sues Michigan over oil pipeline shutdown order By John Flesher, Associated Press The Canadian company filed a federal lawsuit Tuesday against Michigan Gov. Gretchen Whitmer, who demanded earlier this month that Line 5 be closed within 180 days. Continue reading
Nov 24 Dow crests 30,000 points on vaccine hopes, Biden transition By Alex Veiga, Associated Press The gains extend a monthlong market rally driven by growing optimism that development of coronavirus vaccines and treatments will loosen the pandemic's stranglehold on the economy. Continue reading
Nov 23 Pandemic has taken a bite out of seafood trade, consumption By Patrick Whittle, Associated Press The coronavirus pandemic has hurt the U.S. seafood industry due to a precipitous fall in imports and exports and a drop in catch of some species. Continue reading
Nov 22 Trump slams global climate agreement Biden intends to rejoin By Deb Reichmann, Aya Batrawy, Associated Press President Donald Trump railed against the Paris climate accord on Sunday, telling world leaders at a virtual summit that the agreement was designed to cripple the U.S. economy, not save the planet. Continue reading
Nov 20 WATCH: Pelosi says she hopes McConnell’s ‘pause’ on virus aid ends By Associated Press Pelosi noted that Congress has yet to pass any further coronavirus relief aid and placed blame for the inaction on Senate Majority Leader Mitch McConnell. Continue reading
Nov 20 McConnell proposes shifting unspent small business funds to COVID-19 aid By Associated Press Senate Majority Leader Mitch McConnell is proposing that Congress funnel $455 billion of unspent small business lending funds toward a new COVID-19 aid package. Continue reading
Nov 20 France postpones ‘Black Friday’ to help locked-down shops By Associated Press The deal struck Friday to postpone “Black Friday” comes amid broad concerns that French shops shuttered by the nation’s coronavirus lockdown are hemorrhaging business. Continue reading
Nov 20 Trump makes late-term bid to lower prescription drug costs By Marilynn Marchione, AP Chief Medical Writer Trying to close out major unfinished business, the Trump administration issued regulations Friday that could lower the prices Americans pay for many prescription drugs. Continue reading
Nov 19 Mnuchin rejects renewal of some Federal Reserve emergency loan programs By Martin Crutsinger, Christopher Rugaber, Associated Press The central bank said it "would prefer that the full suite of emergency facilities established during the coronavirus pandemic continue to serve their important role as a backstop for our still-strained and vulnerable economy. Continue reading