Feb 14 WATCH: White House says the number of people with medical debt fell by 8.2 million By Josh Boak, Associated Press The number of people with medical debt on their credit reports fell by 8.2 million — or 17.9 percent — between 2020 and 2022, according to a report Tuesday from the U.S. Consumer Financial Protection Bureau. Continue reading
Feb 07 WATCH: Biden envisions hundreds of thousands more jobs to rebuild U.S. pride By Associated Press President Joe Biden is offering a reassuring assessment of the nation's condition rather than rolling out flashy policy proposals as he delivers his second State of the Union address. Continue reading
Feb 05 Biden’s State of the Union address to highlight efforts on economy By Zeke Miller, Seung Min Kim, Associated Press Biden’s remarks from the House rostrum will take place in a sharply different context from a year ago. Republicans now control the chamber, rendering it unlikely that any significant legislation reaches Biden’s desk. Continue reading
Feb 03 WATCH: Biden and Harris make remarks on strong jobs report during visit to Philadelphia By Will Weissert, Chris Megerian, Associated Press President Joe Biden hasn't announced a reelection campaign, but some of the themes likely to be the centerpiece of that expected run should be on display Friday night when he addresses a national Democratic Party meeting. Continue reading
Feb 01 WATCH: White House speaks on police reform, Biden’s meeting with McCarthy By Associated Press The White House is facing fresh pressure to advance the issue of police reform as Vice President Kamala Harris was called to the pulpit at the funeral for Tyre Nichols. Continue reading
Jan 31 Stocks rise on Wall Street following signs of easing inflation By Stan Choe, Associated Press Stocks are ticking higher on Wall Street Tuesday ahead of what many investors hope will be one of the Federal Reserve’s last economy-shaking hikes to interest rates for a while. Continue reading
Jan 31 U.S. wage growth slowed in the last quarter of 2022 By Christopher Rugaber, Associated Press Pay and benefits for America's workers grew at a healthy but more gradual pace in the final three months of 2022 which could help reassure the Federal Reserve that wage gains won't fuel higher inflation. Continue reading
Jan 26 WATCH: Biden says U.S. needs to protect economic gains as report shows 2.9 percent growth By Paul Wiseman, Associated Press "The news couldn’t have been any better,” President Joe Biden said of Thursday's GDP report. Continue reading
Jan 26 U.S. economy expanded 2.9% last quarter in face of interest rates and recession fears By Paul Wiseman, Associated Press The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and widespread fears of a looming recession. Continue reading
Jan 18 Microsoft cuts 10,000 jobs globally, about 5 percent of workforce By Matt O'Brien, Associated Press Microsoft is cutting 10,000 workers, almost 5% of its workforce, as it joins other tech companies in a scaling back of their pandemic-era expansions. Continue reading