Apr 02 Pelosi creating House committee to oversee economic bailout By Alan Fram, Kevin Freking, Associated Press Speaker Nancy Pelosi said Thursday she will establish a special House committee with subpoena power to oversee the government's spending of the more than $2.2 trillion approved to bolster the economy hard hit by the coronavirus pandemic. Continue reading
Apr 02 A record 10 million sought U.S. jobless aid in past 2 weeks By Associated Press The stunning report Thursday from the Labor Department showed that job cuts are mounting against the backdrop of economies in the United States and abroad that have almost certainly sunk into a severe recession. Continue reading
Apr 01 WATCH: Illinois governor gives coronavirus update By Justin Stabley Illinois Governor J. B. Pritzker gives an update on the state’s current novel coronavirus situation as the outbreak spreads. Continue reading
Apr 01 UN says world economy may shrink by almost 1 percent in 2020 By Associated Press A new report from the U.N. Department of Economic and Social Affairs on Wednesday warned that world output could contract even further if restrictions on economic activities extend to the third quarter of the year, and if fiscal responses fail… Continue reading
Apr 01 California cities want transparency rules waived in pandemic By Juliet Williams, Associated Press The request by the League of California Cities includes everything from environmental rules to public records laws that give people a window into how the government spends public money. Continue reading
Apr 01 FDA wants heartburn meds off the market due to cancer risk contaminant By Matthew Perrone, Associated Press Companies have recalled dozens of lots of Zantac and related drugs due to the issue. Continue reading
Apr 01 Stocks slide worldwide as coronavirus infections keep soaring By Stan Choe, Damian J. Troise, Alex Veiga, Associated Press Treasury yields sank as investors moved into safer investments. Stocks worldwide fell following a weak reading on Japanese business sentiment and after big British banks cut their dividends to preserve cash. … Continue reading
Apr 01 Pennsylvania governor expands state’s stay-at-home order By Associated Press All Pennsylvania residents must stay home as much as possible to help slow the spread of the coronavirus, Gov. Tom Wolf said Wednesday as he dramatically expanded the footprint of the quarantine to include the entire state. Continue reading
Apr 01 Sprint and T-Mobile merge, creating new wireless giant By Tali Arbel, Associated Press The deal was announced two years ago and has taken a long time to close because of pushback from state and federal regulators. T-Mobile will sell assets to satellite TV company Dish to try to set it up as a… Continue reading
Apr 01 WATCH: Minnesota governor gives coronavirus update By Justin Stabley Minnesota Governor Tim Walz gives an update on the state’s current novel coronavirus situation as the outbreak spreads. Continue reading