Jul 25 European Central Bank joins Fed in paving way for stimulus By David McHugh, Associated Press The ECB's rate-setting board left its key interest benchmarks unchanged at a policy meeting Thursday but said it could cut them as its next move. Continue reading
Jul 25 California signs deal with automakers to raise gas mileage standards By Tom Krishner, Ellen Knickmeyer, Associated Press Ford, BMW, Honda and Volkswagen are parties to the deal with the California Air Resources Board, which appears designed to pressure the administration and the rest of the auto industry into joining or reaching a compromise. Continue reading
Jul 23 How would Trump’s food stamp plan affect low-income Americans? By Laura Santhanam The Trump administration has proposed a new rule that could eliminate food stamp benefits for 3.1 million Americans if the change goes into effect. Continue reading
Jul 23 Watch 5:35 Why Trump’s new limit on food stamp eligibility will affect working families most More than 40 states currently allow people who receive welfare benefits to become eligible automatically for food stamps, or SNAP. But the Trump administration has announced new rules to restrict that automatic eligibility, meaning 3 million may stop receiving food… Continue watching
Jul 23 How Boris Johnson’s win raises the risk of a ‘no-deal’ Brexit By Pan Pylas, Associated Press If the UK leaves the European Union without an exit deal, the nation could face a deep recession. Continue reading
Jul 22 White House, Congress reach budget deal By Andrew Taylor, Associated Press The deal, announced by Trump on Twitter and in a statement by Democratic House Speaker Nancy Pelosi and Senate Democratic leader Chuck Schumer, will restore the government's ability to borrow to pay its bills past next year's elections and build… Continue reading
Jul 22 Watch 2:28 This Detroit nonprofit provides jobs, clothing and shelter all at once By Mary Ellen Geist Communities across the country are struggling to create jobs and reduce homelessness. In Detroit, a nonprofit called Empowerment Plan has found a way to address both problems. The organization helps people in need with a unique, multipurpose garment, employment and… Continue watching
Jul 22 Equifax to pay up to $700 million in data breach settlement By Associated Press The settlement was made over a 2017 data breach that exposed Social Security numbers and other private information of nearly 150 million people. Continue reading
Jul 18 Watch 8:48 Why small cannabis growers want to produce the Champagne of pot By Paul Solman The state government of California is currently developing rules that will define whether a geographic area can be deemed a marijuana growing region. For small farmers, who are threatened by industrial competitors and the cost of regulation, survival may depend… Continue watching
Jul 17 How to handle a surprise medical bill when there’s a Medicare mixup By Philip Moeller Patients can be hit with medical bills they weren't expecting because insurance and Medicare coverage can be confusing. But there are groups that can help, writes columnist Philip Moeller. Continue reading