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California court rules Uber, Lyft can consider drivers as independent contractors for now

By Cathy Bussewitz, Michael Liedtke, Associated Press

Both companies had threatened to shut down if a ruling went into effect Friday morning that would have forced them to treat all their drivers as employees, a change they said would be impossible to accomplish overnight.

U.S. jobless claims rise to 1.1 million amid COVID-19

By Christopher Rugaber, Associated Press

The latest figures suggest that more than five months after the viral outbreak erupted the economy is still weak, despite recent gains as some businesses reopen and some sectors like housing and manufacturing have rebounded.

How Biden says he would rescue a faltering U.S. economy

By Paul Solman, Jaywon Choe

With tens of millions of Americans reeling financially from the coronavirus pandemic, the future of the U.S. economy is on the minds of many. Both President Trump and Democratic challenger Joe Biden are seeking to convince voters they can revive…

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Apple is first U.S. company to be valued at $2 trillion

By Associated Press

Apple is the first U.S. company to boast a market value of $2 trillion, just two years after it became the first to reach $1 trillion.

Pandemic shifts how consumers use gig companies, poll shows

By Cathy Bussewitz, Hannah Fingerhut, Associated Press

The pandemic shuffled the deck for the so-called gig economy as fear of contracting the coronavirus led many who once traveled in shared vehicles to stay home, and grocery delivery services struggled to keep up with demand from people who…

California power operators plead for conservation, Gov. Newsom declares emergency over wildfires

By Janie Har, Associated Press

Gov. Gavin Newsom declared an emergency Tuesday over wildfires burning throughout California as the state's power grid operator pleaded for continued conservation to avoid rolling blackouts.

S&P 500 closes at a record, erasing last of pandemic losses

By Stan Choe, Alex Veiga, Damian J. Troise, Associated Press

Wall Street clawed back the last of the historic, frenzied losses unleashed by the coronavirus, as the S&P 500 closed at an all-time high Tuesday.

WATCH: Trump delivers remarks on immigration in Yuma, Arizona

By Jill Colvin, Zeke Miller, Deb Reichmann, Associated Press

Trump aimed to highlight his immigration agenda in Yuma, Arizona, and receive an update on construction of his southern border wall, making his second trip to the city in less than a month.