Oct 08 Disaster loan program for small businesses could run out of funds in weeks if Congress doesn’t act By Mae Anderson, Associated Press President Joe Biden said in a letter to Congress Friday that aid could run out “in a matter of weeks ” if more federal funding is not approved. And now another hurricane, Milton, is bearing down on Florida,… Continue reading
Oct 04 Watch 6:18 After strong jobs report, Treasury official discusses what it says about wider economy By Amna Nawaz The Labor Department issued one of the last jobs reports before the presidential election, and the numbers are strong. It shows 254,000 jobs were added in September, beating expectations. Overall, the report paints a picture of a robust American economy… Continue watching
Oct 03 Dockworkers’ union suspends strike until Jan. 15 to allow time for new contract negotiations By Tom Krisher, Associated Press The union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports has reached a deal to suspend a three-day strike until Jan. 15 to provide time to negotiate a new contract. Continue reading
Oct 03 7 things to know about the U.S. dockworkers strike and its effect on the economy By Mae Anderson, Associated Press With the strike being suspended, consumers probably won’t notice any significant shortages or price hikes. Had the stoppage persisted for more than a month, it would have been a different story, depending on what you were shopping for. Continue reading
Oct 01 What you need to know about the grace period for student loan payments that just ended By Adriana Morga, Associated Press The 12-month grace period for student loan borrowers ended on Sept. 30. Continue reading
Sep 30 Talks make progress between Eastern and Gulf ports and dockworkers as strike looms By Tom Krisher, Wyatte Grantham-Philips, Associated Press The union for 45,000 dockworkers and the group representing the ports have exchanged wage offers, leaving a ray of hope that a deal can be reached without a major work stoppage. Continue reading
Sep 27 Trump favors huge new tariffs. How do they work? By Paul Wiseman, Associated Press Former President Donald Trump has proposed a 60% tariff on goods from China and a 20% tariff on everything else the United States imports. This week, he raised the ante still higher. Continue reading
Sep 27 Fed’s favored inflation gauge shows cooling price pressures, clearing way for more rate cuts By Christopher Rugaber, Associated Press The cooling of inflation might be helping to erode former President Donald Trump’s polling advantage on the economy. Continue reading
Sep 26 U.S. economy grew at a solid amount last quarter, government says in final estimate By Paul Wiseman, Associated Press The Commerce Department reported that the nation's gross domestic product — the nation's total output of goods and services — growth picked up sharply in the second quarter. Continue reading
Sep 25 Steelworkers union loses its arbitration case attempting to stop U.S. Steel’s sale to Nippon By Michelle Chapman, Associated Press An arbitration board has ruled that U.S. Steel may proceed with its proposed acquisition by Nippon Steel, a deal that faces strong opposition from its workforce. Continue reading