Jul 10 WATCH: Fed chair Jerome Powell says rate cut likely coming soon By Martin Crutsinger, Associated Press The chairman's remarks led investors to send stock prices up, bond yields down and the value of the U.S. dollar lower on expectations of lower interest rates. The S&P 500 index briefly traded over 3,000 for the first time. Continue reading
Jul 09 Volkswagen to stop making the Beetle after 81 years By David McHugh, Associated Press Volkswagen is halting production of the last version of its Beetle model this week at its plant in Puebla, Mexico. Continue reading
Jul 08 Watch 3:58 In Boston, a housing innovation that connects the generations By Stephanie Leydon, WGBH Although cities across the country are struggling with a shortage of housing, especially at a manageable cost, there are millions of bedrooms going unused. Now, technology is enabling homeowners with rooms to spare to connect with renters who can’t afford… Continue watching
Jul 08 Hiking minimum wage to $15 would boost millions, government report says By Associated Press The nonpartisan Congressional Budget Office also said Monday some 1.3 million workers could lose their jobs with the higher wage. Continue reading
Jul 08 Tariffs could cause a Bible shortage, publishers say By Travis Loller, Associated Press Millions of Bibles — some estimates put it at 150 million or more — are printed in China each year. Continue reading
Jul 05 Fed repeats pledge to ‘act as appropriate’ to sustain economic expansion By Martin Crutsinger, Associated Press The Federal Reserve on Friday repeated its pledge to "act as appropriate" to sustain the current economic expansion, now the longest in U.S. history, while noting that most Fed officials have lowered their expectations for the future course of interest… Continue reading
Jul 05 Warren says she’d tackle race and gender pay gaps using executive orders By Errin Haines Whack, Associated Press The 2020 Democratic candidate's plan would punish companies and contractors with historically poor records on diversity and equality by denying them contracts with the federal government. Continue reading
Jul 05 U.S. employers add robust 224,000 jobs in June By Josh Boak, Associated Press The unemployment rate ticked up slightly to 3.7 percent, according to the monthly jobs report. Continue reading
Jul 04 Watch 10:30 Amid long economic expansion, why so many Americans are still struggling The U.S. is currently in the midst of the longest economic expansion since the period following World War II. But even though the numbers are good, they don’t add up to prosperity for all Americans. William Brangham talks to Matthew… Continue watching
Jul 04 How Medicare can be used for people with disabilities By Philip Moeller Figuring out what benefits Medicaid, Medicare and Social Security each provide for a person with disabilities can be complicated. Continue reading