Federal Reserve Chair Jerome Powell on Tuesday responded to concerns from Republican lawmakers about spiking inflation by reiterating his view that current price increases will likely prove temporary.
By Christopher Rugaber, Associated Press
California Governor Gavin Newsom and lawmakers are negotiating whether to extend the state's ban on evictions for unpaid rent.
By Adam Beam, Associated Press
The Department of Agriculture is sending $1 billion to the country's food bank networks, seeking to expand the reach of the system and revamp the way food banks acquire and distribute aid.
By Ashraf Khalil, Associated Press
His comments came Friday after the latest report showed U.S. employers added 559,000 jobs in May, according to the Labor Department.
By Associated Press
By Sarah El Deeb, Associated Press
Lebanon's president and prime minister-designate have traded barbs, escalating a war of words that has for months obstructed the formation of a new government in a country hit by a devastating economic and financial crisis.
By David McHugh, Associated Press
Saudi Arabia's energy minister, the de facto leader among member countries, said that there were still "clouds on the horizon" despite recovering demand and the economy rebound in many countries.
By Michael Casey, Associated Press
The Justice Department announced it would appeal the ruling Wednesday from the U.S. District Court in Washington, D.C., so there likely won't be any immediate impact.
By Associated Press
Under the Biden relief program, which started accepting applications on Monday, restaurants and bars can qualify for grants equal to their pandemic-related revenue losses, with a cap of $10 million per business and $5 million per location.
By Martin Crutsinger, Associated Press
The new survey released Wednesday showed that the Fed's business contacts around the country were expressing more optimism about the economy's outlook as activity accelerated.
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