Aug 19 Watch 5:54 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… Continue watching
Aug 19 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. Continue reading
Aug 19 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… Continue reading
Aug 18 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. Continue reading
Aug 18 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. Continue reading
Aug 18 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. Continue reading
Aug 18 Coin shortage hits retailers, laundromats and even the tooth fairy By Sarah Skidmore Sell, Associated Press The national coin shortage has been an unusual side effect of the pandemic. Among its victims: retailers, laundromats and even the tooth fairy. Continue reading
Aug 18 U.S. home construction surges after pandemic low to 22.6% By Paul Wiseman, Associated Press Construction of new U.S. homes surged 22.6% last month as homebuilders continued to bounceback from the coronavirus pandemic. Continue reading
Aug 17 Trump administration imposes new Huawei restrictions By Matt O'Brien, Associated Press The U.S. government is imposing another round of restrictions on tech giant Huawei as President Donald Trump renews accusations the Chinese company's telecommunications equipment is used for spying. Continue reading
Aug 17 WATCH: California governor demands probe of power blackouts By Janie Har, Adam Beam, Associated Press The governor warned that customers could again lose power Monday. Newsom also sent an letter to state energy overseers demanding to know why blackouts occurred with such little notice to the public. Continue reading