May 14 WATCH: Pelosi criticizes virus relief package slowdown By Alan Fram, Associated Press House Speaker Nancy Pelosi is criticizing Republicans for seeking to delay the next round of economic relief. Two days after Pelosi unveiled a new $3 trillion plan, the White House threatened that President Donald Trump would veto the measure. Continue reading
May 14 Watch 7:24 What's the key to U.S. economic recovery? Testing, says this Nobel Prize winner By Paul Solman As millions more Americans file for unemployment amid an economy crippled by COVID-19, many states are lifting restrictions and reopening businesses. But is that the correct approach to reviving the U.S. economy? Paul Solman talks to Nobel Prize-winning economist Paul… Continue watching
May 14 3 million more U.S. layoffs intensify fears of lasting damage By Christopher Rugaber, Associated Press Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions. Continue reading
May 14 Oil and mining businesses had best success in getting pandemic loans, says survey By Mike Schneider, Associated Press Of the 75 % of small businesses applying for federal funding during the pandemic, oil extraction and mining businesses had the best success in getting loans from the Paycheck Protection Program, with more than half of businesses surveyed in that… Continue reading
May 14 States, tribe seek to suspend coal sales on U.S. lands By Matthew Brown, Associated Press A coalition of U.S. states, environmentalists and an American Indian tribe are seeking to revive a moratorium on coal sales from public lands in the West. Continue reading
May 14 Puerto Rico to spend $2B to fight COVID-19 as concerns grow over allocation By Dánica Coto, Associated Press Wanda Vázquez said Thursday that $300 million will be used in part to increase testing, expand contact tracing and help the unemployed affected by a lockdown imposed in mid-March. Many Puerto Ricans also worry that the newest funds available will… Continue reading
May 14 Virus tests hospitals in pockets of U.S. as some states reopen By Michael Kunzelman, Regina Garcia Cano, Morgan Lee, Associated Press Coronavirus outbreaks are testing the public health networks in pockets of the U.S., while some states prepare to lift lockdown measures, seeing signs of progress. Continue reading
May 14 WATCH: Trump speaks after touring medical equipment distribution center By Jill Colvin, Associated Press Trump is expected to speak after touring a medical equipment distribution center in Pennsylvania on May 14. Continue reading
May 14 Pandemic wrecks many state budgets, could trigger deep cuts By Geoff Mulvihill, Associated Press Many states expect their revenue to plunge by 15% to 20% because government-ordered lockdowns have wiped out much of the economy and caused tax collections to evaporate. Continue reading
May 14 Dubai airport CEO: Global travel still up in air over virus By Jon Gambrell, Associated Press The CEO of the world's busiest airport for international travel wants to get the globe flying again, but even he acknowledges everything remains up in the air during the coronavirus pandemic. Continue reading