Economy

Filter

Senate approves $2.8 billion plan to boost conservation, parks

By Matthew Daly, Associated Press

The Senate has approved a bipartisan bill that would double spending on a popular conservation program and devote nearly $2 billion a year to improve and maintain national parks.

Federal court strikes down Trump rule that drugmakers disclose price

By Ricardo Alonso-Zaldivar, Associated Press

In a major legal setback for President Donald Trump on a high-profile consumer issue, a federal appeals court has ruled that his administration lacks the legal authority to force drug companies to disclose prices in their TV ads.

Louisiana widening access to medical marijuana under new law

By Melinda Deslatte, Associated Press

More Louisiana residents will have access to medical marijuana under a significant expansion of the state's therapeutic cannabis program that Gov. John Bel Edwards has signed into law.

Seattle police pledge to protect occupied zone

By Associated Press

A festival-like atmosphere has emerged in the area, now called the “Capitol Hill Occupied Protest,” with participants painting a Black Lives Matter mural on the street and planting a community garden.

U.S. retail sales jump by nearly 18 percent in a partial rebound

By Josh Boak, Anne D'Innocenzio, Associated Press

U.S. retail sales jumped by a record 17.7% from April to May, with spending partially rebounding after the coronavirus had shut down businesses, flattened the economy and paralyzed consumers during the previous two months.

WATCH: Powell warns that long downturn would mean severe damage

By Martin Crutsinger, Associated Press

Federal Reserve Chair Jerome Powell will present the semi-annual monetary policy report June 16 before the Senate Committee on Banking, Housing, and Urban Affairs.

Justices revive permit for pipeline under Appalachian Trail

By Mark Sherman, Associated Press

The Supreme Court is siding with energy companies and the Trump administration in paving the way for a critical permit for a proposed natural gas pipeline that would cross under the Appalachian Trail.

Mexico president would sell gas to Venezuela if asked despite U.S. sanctions

By Associated Press

Mexico President Andrés Manuel López Obrador says he'd be willing to sell gasoline to Venezuela despite U.S. sanctions against the South American nation. López Obrador said Monday there's been no request, but he'd be willing to sell gasoline for humanitarian…

WATCH: New York's Cuomo offers coronavirus update

By Associated Press

On Sunday, New York Gov. Andrew Cuomo decried “rampant” violations of virus restrictions and threatened to reinstate business closings in areas where local governments failed to enforce the rules. Watch Monday's news conference here.