May 28 Watch 8:35 Why U.S. economic policy needs to support all Americans to be successful The economic toll of the pandemic and the ensuing shutdowns continues to grow, with more than 40 million people losing jobs so far. Although economic activity will pick up as businesses reopen, there is growing debate about how government policy… Continue watching
May 28 Watch 7:16 Could the pandemic usher in a new era of working from home? By Paul Solman Many Americans are working from home during the coronavirus pandemic, and it’s unclear when people will or should return to the workplace. The shift toward more remote work could have significant repercussions for employees, companies and the marketplace. Economics correspondent… Continue watching
May 28 Man charged for attempted $317 million sale of virus masks that didn't exist By Associated Press A Georgia man has been charged in federal court with trying to swindle a foreign government out of $317 million in exchange for a huge shipment of masks to protect against the coronavirus that didn't really exist. Continue reading
May 28 French hospital workers protest lack of funds By Associated Press Hospital workers gathered outside Robert-Debré hospital in North-East Paris Thursday to protest what they describe as the government's lack of interest in France's public health system. Continue reading
May 28 Trump escalates war on Twitter, social media protections By Zeke Miller, Associated Press President Donald Trump is preparing to sign an executive order aimed at curbing liability protections for social media companies. Continue reading
May 28 Airlines increase job cuts as pandemic crushes air travel By David Koenig, Danica Kirka, Associated Press From Britain's EasyJet to American and Delta in the U.S., airlines are cutting even more jobs to cope with a crushing drop in air travel caused by the coronavirus. Continue reading
May 28 WATCH: Mayor de Blasio says NYC businesses can't 'jump the gun' on reopening By Associated Press New York City businesses that try to reopen before coronavirus restrictions are lifted will face fines starting at $1,000, Mayor Bill de Blasio said Thursday. Continue reading
May 28 WATCH: Small business leaders speak about surviving the COVID-19 crisis By Associated Press The House Small Business Committee will hold a forum May 28 to hear about how small businesses have adjusted their models in response to the economic downturn spurred by the COVID-19 crisis. Continue reading
May 28 WATCH: Labor officials testify on how the government is protecting workers from COVID-19 By Associated Press Labor officials will testify before the Workforce Protections Subcommittee May 28 on the federal government’s actions to protect workers from COVID-19, the disease caused by the novel coronavirus. Continue reading
May 28 41 million have lost jobs since virus hit, but layoffs slow By Christopher Rugaber, Associated Press Roughly 2.1 million people applied for U.S. unemployment benefits last week, a sign that companies are still slashing jobs in the face of a deep recession even as more businesses reopen and rehire some laid-off employees. Continue reading