Nov 12 Economy needs help despite vaccine news, top central bankers say By David McHugh, Associated Press Three of the globe's top central bankers said the economy continues to need help despite progress toward a COVID-19 vaccine, with U.S. Federal Reserve Chair Jerome Powell saying that the U.S. Congress “may have to do more” to cushion the… Continue reading
Nov 12 Mexican president presents bill to ban outsourcing of jobs By Associated Press The proposal outlined Thursday says personnel, staffing or temp companies can help private firms recruit, select or train workers, but cannot be listed as their employer. Continue reading
Nov 12 709,000 Americans seek jobless aid as pandemic escalates By Christopher Rugaber, Associated Press The number of people seeking U.S. unemployment benefits fell last week to 709,000, a still-high level but the lowest figure since March and a sign that the job market might be slowly healing. Continue reading
Nov 11 New York orders restaurants, bars to close at 10 pm By Associated Press Cuomo says the new restrictions going into effect Friday are necessary because new coronavirus infections have been traced to those types of activities. Businesses can reopen each morning. Continue reading
Nov 11 Watch 6:46 Deemed essential, California farmworkers risk disease and deportation By Stephanie Sy, Lena I. Jackson, Casey Kuhn As the United States grapples with the latest surge in coronavirus, some workers are trying to cope with illness and economic hardship while also facing the threat of deportation. In California’s Coachella Valley, agricultural workers deemed essential to the U.S. Continue watching
Nov 11 TikTok asks court to intervene as Trump order looms By Matt O'Brien, Associated Press The popular video-sharing app TikTok, its future in limbo since President Donald Trump tried to shut it down earlier this fall, is asking a federal court to intervene. Continue reading
Nov 10 Watch 6:38 How U.S. history could provide a path out of polarization By Paul Solman The U.S. feels more deeply divided than it has in decades. According to social scientist Robert Putnam, the data backs up that assessment. Putnam, author of the seminal work on social capital and isolation “Bowling Alone,” believes looking back to… Continue watching
Nov 10 U.S. bankruptcy court approves sale of J.C. Penney By Anne D'Innocenzio, Associated Press A U.S. bankruptcy court approved the sale of the ailing 118-year-old retailer to its two largest landlords and its primary lenders. Continue reading
Nov 10 GOP unveils $1.4 trillion spending bill amid post-election turmoil By Andrew Taylor, Associated Press Republicans controlling the Senate have unveiled a government-wide, $1.4 trillion spending bill. It's a mostly bipartisan measure that faces uncertain odds during this period of post-election tumult in Washington. Continue reading
Nov 10 EU files antitrust charges against Amazon over use of data By Associated Press European Union regulators have filed antitrust charges against Amazon, accusing the e-commerce giant of using data to gain an unfair advantage over merchants using its platform. Continue reading