Jul 17 Court backs Trump expansion of short-term health plans By Mark Sherman, Associated Press A divided federal appeals court has upheld the Trump administration's expansion of cheaper short-term health insurance plans as an alternative to the Affordable Care Act's costlier comprehensive insurance. Continue reading
Jul 17 The pandemic is having a disproportionate impact on children's economic vulnerability By Anna Bokun, Jessie Himmelstern, Wonjeong Jeong, Ann Meier, Kelly Musick, Rob Warren, Econofact Many children at greatest risk are in states with weak track records of social support, and they need better access to income security, childcare, education, and nutrition. Delaying this support will exacerbate the long-term implications of the pandemic on a… Continue reading
Jul 17 WATCH: Former Fed chairs urge Congress to do more to save the U.S. economy By Martin Crutsinger, Marcy Gordon, Associated Press Former Federal Reserve Chairs Ben Bernanke and Janet Yellen will testify, starting at 12:30 p.m. ET today. Watch their remarks here. Continue reading
Jul 17 WATCH: Treasury Secretary Mnuchin urges swift aid bill in Congress hearing By Martin Crutsinger, Marcy Gordon, Associated Press Treasury Secretary Steven Mnuchin urged Congress to quickly enact a new pandemic relief package targeting hardest-hit swaths of the economy, as lawmakers race to stand up federal aid in the face of the latest spike in coronavirus cases across much… Continue reading
Jul 16 Watch 8:43 How COVID-19 is highlighting racial disparities in Americans' health The coronavirus pandemic has shed new light on racial disparities in American health outcomes. Economic disadvantage is one reason Black people in the United States are on average less healthy than white people -- but there are other causes, including… Continue watching
Jul 16 Number of laid-off workers seeking jobless aid stayed at 1.3 million last week By Christopher Rugaber, Associated Press The number of laid-off workers seeking unemployment benefits remained stuck at 1.3 million last week. Continue reading
Jul 16 China becomes first economy to grow since virus pandemic By Joe McDonald, Associated Press China recorded an unexpectedly strong 3.2% expansion in the latest quarter. Continue reading
Jul 15 Biden, Gates, other Twitter accounts hacked in Bitcoin scam By Michael Liedtke, Associated Press Unidentified hackers broke into the Twitter accounts of technology moguls, politicians, celebrities and major companies Wednesday in an apparent Bitcoin scam. Continue reading
Jul 15 Watch 8:06 The economics behind racial coronavirus disparities By Paul Solman African Americans face immense disparities across a broad range of categories, including economic. That history of disadvantage is making the current problems of COVID-19 even worse. Economics correspondent Paul Solman reports. Continue watching
Jul 15 Pelosi calls for Trump to invoke Defense Production Act By Associated Press Pelosi has warned that without a comprehensive federal strategy for the country the devastating virus and its economic toll will only persist. Continue reading