Jun 01 WATCH: New York City mayor eyes curfew amid protests By Jennifer Peltz, Karen Matthews, Associated Press Mayor Bill de Blasio has previously rejected imposing a curfew, as many other cities across the U.S. have done in efforts to curb violence that erupted amid demonstrations over Floyd's May 25 death, police brutality and racial injustice. Continue reading
May 30 US food prices see historic jump and are likely to stay high By David Pitt, Associated Press The Labor Department reports that the 2.6% jump in April food prices was the largest monthly increase in 46 years. Continue reading
May 29 3 charts reveal how the COVID-19 unemployment crisis isn't over By Laura Santhanam While job losses show signs of slowing down, experts say the pandemic’s lingering long-term effects on the economy could play out for decades. Continue reading
May 29 WATCH: Trump participates in roundtable with industry executives on reopening By Justin Stabley Trump is expected to participates in a roundtable with industry executives on reopening the country on May 29. Continue reading
May 29 WATCH: New York City eyes June 8 for first phase of reopening By Carolyn Thompson, Marina Villeneuve, Associated Press Gov. Andrew Cuomo says New York City is on track to begin reopening June 8 as the state gradually loosens restrictions put in place during the coronavirus crisis. Continue reading
May 29 WATCH: Powell says Fed will soon begin 'challenging' Main Street lending By Christopher Rugaber, Associated Press Federal Reserve Chair Jerome Powell acknowledged Friday that the Fed faces a major challenge with the launch of a program lending directly to private companies. Continue reading
May 29 WATCH: House Oversight Committee holds briefing with mayors on need for federal support during COVID-19 By Courtney Vinopal The House Subcommittee on the Coronavirus Crisis will hold a briefing May 29 with mayors across the country to speak about their need for federal support as they begin to reopen their economies amid the pandemic. Continue reading
May 29 Europe's social welfare net shows signs of wear from virus By Angela Charlton, Colleen Barry, Nick Perry, Associated Press Europe’s extensive social welfare net is showing signs of fraying under economic strain from the coronavirus. Protests erupted Friday for the second day in Spain against layoffs by French carmaker Renault, and Italy’s chief central banker warned that ’’uncertainty is… Continue reading
May 29 COVID-19 sinks consumer spending 13.6% in April By Martin Crutsinger, Associated Press Friday's Commerce Department figures reinforced evidence that the economy is gripped by the worst downturn in decades, with consumers unable or too anxious to spend much. Continue reading
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