Nov 09 Virus relief package uncertain in post-election Congress By Andrew Taylor, Associated Press President-elect Joe Biden is making clear that he wants new coronavirus legislation to pass before he takes office. But Republicans controlling the Senate are poised to assert more influence and have rejected demands for a more than $2 trillion package. Continue reading
Nov 09 European Union puts tariffs on U.S. but hopes for change with Biden By Lorne Cook, Associated Press The move comes a year after the World Trade Organization authorized the United States to slap penalties on EU goods worth. Continue reading
Nov 09 FTC says Zoom misled users on its security for online meetings By Associated Press Federal regulators are requiring Zoom to strengthen its security in a proposed settlement of allegations that the video conferencing service misled users about its level of security for meetings. Continue reading
Nov 09 WATCH: Biden speaks on plans for COVID-19, economy By Associated Press As he begins his transition to the presidency, Joe Biden is pivoting from a bitter campaign battle to a more pressing fight: reining in the pandemic. Continue reading
Nov 06 Facebook takes down fake Iranian accounts supporting anti-Netanyahu protests in Israel By Associated Press Facebook detailed several instances in which it removed fake accounts set up to interfere in the politics of other countries. Continue reading
Nov 06 Unemployment drops to 6.9 percent and U.S. adds a solid 638,000 jobs By Associated Press The gain suggested that a tentative economic recovery may remain intact even in the face of a surging viral outbreak. Continue reading
Nov 05 Facebook bans big 'Stop the Steal' group for sowing violence By Barbara Ortutay, David Klepper, Associated Press Facebook banned a large group called "Stop the Steal" that supporters of President Donald Trump were using to organize protests against the presidential vote count. Continue reading
Nov 05 Watch 3:14 News Wrap: Fed keeps interest rate low, referencing 'uncertain' economy In our news wrap Thursday, the Federal Reserve kept its benchmark interest rate near zero, as was expected. Jerome Powell, chair of the Fed, spoke after a two-day policy meeting about the “extraordinarily uncertain” economic outlook. Also, the remains of… Continue watching
Nov 05 Federal Reserve keeps interest rate at record low By Martin Crutsinger, Associated Press The Fed announced no new actions after its latest policy meeting but left the door open to provide further assistance in the coming months. Continue reading
Nov 05 751,000 seek U.S. jobless benefits as virus hobbles economy By Paul Wiseman, Associated Press The number of Americans seeking unemployment benefits fell slightly last week to 751,000, a still-historically high level that shows that many employers keep cutting jobs in the face of the accelerating pandemic. Continue reading