Jun 01 OPEC to increase oil output as global economy recovers 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. Continue reading
May 05 Federal judge strikes down CDC eviction moratorium, appeal expected 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. Continue reading
May 05 WATCH: Biden gives remarks on implementing the American Rescue Plan 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. Continue reading
Apr 14 Federal Reserve survey finds economy rebounding, helped by stimulus, vaccines 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. Continue reading
Apr 13 Virus impact to cause global ‘aftershocks’ says U.S. intel report By Eric Tucker, Associated Press A U.S. intelligence community report says the effects of the coronavirus pandemic are expected to contribute over the next year to "humanitarian and economic crises, political unrest, and geopolitical competition."… Continue reading
Mar 03 Pandemic puts more than one-third of nonprofits in financial jeopardy By Glenn Gamboa, Associated Press More than one-third of U.S. nonprofits are in jeopardy of closing within two years because of the financial harm inflicted by the viral pandemic, according to a study being released Wednesday by the philanthropy research group Candid and the Center… Continue reading
Feb 25 Biden directive expands jobless aid to more unemployed By Christopher Rugaber, Associated Press Those eligible include people who have turned down job offers because they believed the employers weren't providing sufficient protection from the coronavirus. Continue reading
Feb 24 Chairman Powell says Federal Reserve is in no hurry to raise interest rates By Martin Crutsinger, Associated Press Powell also warned Wednesday that many who had worked in industries hardest hit by the pandemic and ensuing recession will likely need to find different jobs. Continue reading
Feb 04 WATCH: Experts, leaders testify before House on the small business economy during COVID-19 By Joyce M. Rosenberg, Associated Press As the U.S. economy undergoes an uneven recovery from the virus pandemic, many small business owners face a tough decision on whether and when to take on employees. Continue reading
Feb 02 WATCH: Senate Majority Leader Schumer holds press conference on COVID-19 aid By Associated Press "We are not going to dilute, dither or delay," Senate Majority Leader Chuck Schumer said Tuesday at a Capitol Hill press conference, "The needs of the American people are just too great."… Continue reading