Oct 31 ‘Obamacare’ sign-ups begin as millions more are uninsured By Ricardo Alonso-Zaldivar, Associated Press Millions of Americans who have lost health insurance in an economy shaken by the coronavirus can sign up for taxpayer-subsidized coverage starting Sunday. Continue reading
Oct 30 When missing rent leads to jail time By Maya Miller, Ellis Simani, ProPublica Arkansas is the only state in the country that allows landlords to file criminal — rather than civil — charges against tenants after they fall behind on rent. Based on a law dating back to 1901, if tenants’ rent is… Continue reading
Oct 29 Watch 6:57 How the pandemic has shifted U.S. labor from services to goods The last major economic report before Election Day indicates a 7.4 percent growth rate in economic output during the year’s third quarter. It’s a sharp rebound from the record plunge of the previous quarter, and the fastest pace since World… Continue watching
Oct 29 Fair housing groups say Redfin ‘redlines’ minority communities By Gene Johnson, Associated Press The organizations said that during a two-year investigation they documented the effect of Redfin's "minimum price policy," which requires homes to be listed for certain prices to reap the benefits of Redfin's services. Continue reading
Oct 29 Many Cubans hope U.S. election will lead to renewed ties By Andrea Rodriguez, Associated Press Few countries in Latin America have seen as dramatic a change in U.S. relations during the Trump years or have as much at stake in who wins the vote. Continue reading
Oct 29 U.S. jobless claims fall to 751,000 as virus resurges By Christopher Rugaber, Associated Press The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March, but it's still historically high and indicates the viral pandemic is still forcing many employers to cut jobs. Continue reading
Oct 29 U.S. economy grew at 33 percent rate in third quarter, but recovery is incomplete By Martin Crutsinger, Associated Press The U.S. economy grew at a sizzling 33.1% annual rate in the July-September quarter — by far the largest quarterly gain on record — rebounding from an epic plunge in the spring, when the eruption of the coronavirus closed businesses… Continue reading
Oct 28 S&P 500 sinks 3.5 percent as surging virus cases threaten shutdowns By Stan Choe, Damian J. Troise, Alex Veiga, Associated Press The Dow Jones Industrial Average dropped 943 points Wednesday as surging coronavirus cases in the U.S. and Europe threaten more business shutdowns and pain for the economy. Continue reading
Oct 27 WATCH: Social media CEOs face grilling from Republican senators By Marcy Gordon, Associated Press The Senate Commerce Committee has summoned Twitter CEO Jack Dorsey, Facebook's Mark Zuckerberg and Google's Sundar Pichai to testify for a hearing Wednesday. The CEOs agreed to appear remotely after being threatened with subpoenas. Continue reading
Oct 27 Consumer confidence dips to 100.9 as virus spreads in U.S. By Matt Ott, Associated Press Consumer spending accounts for 70 percent of economic activity in the U.S., so a decline in confidence gets a lot of attention from economists, especially as the U.S. heads into the crucial holiday shopping season. Continue reading