Apr 19 WATCH: Biden blasts GOP 'wacko notions' amid debt limit standoff By Josh Boak, Seung Min Kim, Zeke Miller, Associated Press His remarks came as Speaker Kevin McCarthy, who has struggled to coalesce Republicans around a unified budget proposal, released a plan to raise the debt limit by $1.5 trillion in exchange for lifting the debt limit later this year. Continue reading
Apr 18 Watch 8:37 Long COVID symptoms keeping many Americans from returning to work By Paul Solman, Diane Lincoln Estes Three years after the start of the pandemic, some 16 million Americans have long COVID, meaning their symptoms continue well after the initial infection. An estimated 4 million people say long COVID has significantly reduced their ability to carry out… Continue watching
Apr 14 Wall Street holds steady a biggest banks post strong first-quarter profits By Joe McDonald, Matt Ott, Associated Press Wall Street held steady in premarket trading Friday as some of the nation's biggest banks posted strong first-quarter profits one day after markets surged on reports of slowing inflation. Continue reading
Apr 13 Watch 4:33 News Wrap: Biden touts strength of Ireland-U.S. relations in address to Irish Parliament By Amna Nawaz, Alexis Cox In our news wrap Thursday, President Biden played up the shared history and values of Ireland and the United States on the second day of his visit there, the White House announced DACA recipients can apply for Medicaid and health… Continue watching
Mar 29 WATCH: Yellen testifies on Treasury budget in House hearing amid questions about banking system By Associated Press Treasury Secretary Janet Yellen testified on the department's budget Wednesday morning. Continue reading
Mar 15 Credit Suisse shares plunge, drag down European lenders By Jamey Keaten, David McHugh, Associated Press Shares in the globally connected Swiss bank Credit Suisse plunged and dragged down other major European lenders. Continue reading
Mar 15 Retail sales drop slightly in February after jump in January spending By Anne D'Innocenzio, Associated Press America's consumers trimmed their spending in February after a buying burst in January, underscoring the volatility of the economic environment. Continue reading
Mar 10 Watch 6:18 Another strong jobs report raises more questions about inflation and interest rate hikes By Geoff Bennett, Ryan Connelly Holmes The U.S. economy created 311,000 jobs in February, more than expected, as the unemployment rate rose to 3.6 percent. But that came as the labor force participation rate improved and more than 400,000 workers jumped back into the workforce, something… Continue watching
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