Feb 02 It’s not just GameStop worrying Wall Street about a market bubble By Stan Choe, Associated Press Wall Street was always quick to justify recent record heights, even as the pandemic took its toll on people's health and the economy. But some of the market's recent, huge moves have become more difficult to explain. Continue reading
Jan 28 California lawmakers agree to help cover some unpaid rent By Adam Beam, Don Thompson, Associated Press California lawmakers have agreed to use $2.6 billion in federal stimulus money to pay up to 80 percent of some tenants' unpaid rent. But that applies only if landlords agree to forgive the rest of their debt. Continue reading
Jan 27 WATCH: Fed chair Jerome Powell holds press conference on economy By Associated Press The Federal Reserve pledged on Wednesday to keep its low interest rate policies in place even well after the economy has sustained a recovery from the viral pandemic. Continue reading
Jan 21 Trump returns to a business empire ravaged by pandemic By Bernard Condon, Associated Press Donald Trump is returning to a family business ravaged by pandemic shutdowns, with revenue plunging more than 40 percent at his Doral golf property, his Washington hotel and both his Scottish resorts. Continue reading
Jan 19 WATCH: Janet Yellen’s full opening statement at Senate confirmation hearing By Associated Press Treasury Secretary nominee Janet Yellen is calling on Congress to do more to fight a deep pandemic-induced recession, saying the threats of a longer and even worse downturn are too great to cut back on support now. Continue reading
Dec 24 America’s jobless meet a bleak holiday season By Joseph Pisani, Chris Rugaber, Associated Press Millions of Americans have been jobless since the viral pandemic ripped through the U.S. economy in March, triggering a deep recession and causing widespread unemployment. Continue reading
Dec 07 Millions of hungry Americans turn to food banks for first time By Sharon Cohen, Associated Press Feeding America, the nation's largest anti-hunger organization, has distributed 4.2 billion meals in an 8-month period. That's an unprecedented pace in the group's history. Continue reading
Dec 03 As some pandemic aid is expected to end, what’s next for hurting Americans By Sarah Skidmore Sell, Associated Press Expanded unemployment benefits, federal eviction protections and a pause in student loan payments all cease at the end of this year. Meanwhile, the pandemic shows no signs of abating. Continue reading
Nov 30 Powell: Economic recovery ‘unlikely until people are confident’ in safety from virus By Martin Crutsinger, Associated Press In remarks released by the Fed on Monday, Powell said that the increase in new COVID-19 cases both in the United States and abroad was "concerning and could prove challenging for the next few months. Continue reading
Nov 23 Pandemic has taken a bite out of seafood trade, consumption By Patrick Whittle, Associated Press The coronavirus pandemic has hurt the U.S. seafood industry due to a precipitous fall in imports and exports and a drop in catch of some species. Continue reading