Jun 10 WATCH: Fed 'not thinking about raising rates,' Powell says By Christopher Rugaber, Associated Press Chairman Jerome Powell faces a challenging task Wednesday: He'll need to make a convincing case that the Federal Reserve is committed to using all its tools to bolster an economy gripped by recession — without making any policy changes to… Continue reading
Jun 10 WATCH: White House press secretary holds news briefing amid nationwide protests By Associated Press White House Press Secretary Kayleigh McEnany is expected to hold a press briefing Wednesday amid nationwide calls for police reform. Continue reading
Jun 09 WATCH: Senate Finance Committee hearing on role of unemployment insurance amid COVID-19 By Matthew Daly, Associated Press The Senate Finance Committee held a hearing on role of unemployment insurance amid the COVID-19 pandemic. Continue reading
Jun 09 WATCH: House Transportation Committee hearing on impacts of COVID-19 on transit workers By Associated Press The House Transportation Committee held a hearing on the impacts of COVID-19 on transit workers. Continue reading
Jun 09 U.S. employers laid off 7.7 million workers in April By Josh Boak, Associated Press U.S. employers laid-off 7.7 million workers in April _ a sign of how deep the economic hole is as offices, restaurants, stores and schools are reopening after being shuttered because of the coronavirus. Continue reading
Jun 08 Watch 6:47 Pandemic increases workload, health risks for postal and delivery employees By Amna Nawaz, Rhana Natour, Gretchen Frazee In the midst of the coronavirus pandemic, millions of Americans are relying on mail carriers and delivery workers for essential supplies. The workload for many of these employees has increased significantly with so many consumers ordering from home. Stress and… Continue watching
Jun 08 A U.S. recession began in February in the face of coronavirus, say economists By Christopher Rugaber, Associated Press The U.S. economy entered a recession in February, a group of economists declared Monday, ending more than a decade of steady if slow growth. Continue reading
Jun 08 WATCH: White House press secretary holds news briefing By Justin Stabley and Associated Press White House Press Secretary Kayleigh McEnany is expected to hold a press briefing Monday. Continue reading
Jun 08 Most stocks on Wall Street rise again on hopes for economy By Associated Press The Dow Jones Industrial Average was up 248 points, or 0.9%, at 27,359, as of 10:52 a.m. Eastern time, and the Nasdaq composite was up 0.2%. Continue reading
Jun 07 Watch 3:34 Once homeless, a new college graduate looks to the future By Zachary Green When we last spoke with Jaime Waldron earlier in April, she was a homeless college student worried about completing her online studies before graduation. Now, Waldron has officially graduated from the University of Massachusetts with a degree in criminal justice. Continue watching