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Economy

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Oct 27

Consumer confidence dips to 100.9 as virus spreads in U.S.

By Matt Ott, Associated Press

Consumer spending accounts for 70 percent of economic activity in the U.S., so a decline in confidence gets a lot of attention from economists, especially as the U.S. heads into the crucial holiday shopping season.

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Oct 25

Roads to Election 2020: What, why and how Americans are voting this election

By PBS NewsHour Weekend

PBS NewsHour Weekend criss-crossed the country including key battleground states to speak to voters about issues they most care about and how they plan to vote. We also spoke with reporters at our partner public media stations across the nation…

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Oct 18

Watch 6:08
With a tax increase on the ballot can an Ohio city shore up its finances?

By Hari Sreenivasan, Sam Weber, Connie Kargbo

In the central Ohio city of Lancaster, the onslaught of the COVID-19 pandemic stretched already thin public safety resources. Despite aid from the federal CARES Act, city officials say they need more revenue to fund the fire department and police…

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Oct 17

Cuomo: Movie theaters in NY can open Friday, with limits

By Associated Press

Theaters in New York City aren’t included, and counties must have a positivity rate below 2% on a 14-day average and have no “cluster zones.”…

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Oct 12

2 Stanford economists win Nobel prize for auction theory

By Associated Press

Two American economists won the Nobel Prize on Monday for improving the theory of how auctions work and inventing new and better auction formats that are now woven into many parts of the economy.

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Oct 04

Pope: Market capitalism has failed in pandemic, needs reform

By Nicole Winfield, Associated Press

Pope Francis says the coronavirus pandemic has proven that the “magic theories” of market capitalism have failed and that the world needs a new type of politics that promotes dialogue and solidarity and rejects war at all costs.

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Oct 02

U.S. hiring slows for 3rd month but jobless rate falls to 7.9 percent

By Associated Press

With September’s hiring gain, the economy has recovered only slightly more than half the 22 million jobs that were wiped out by the viral pandemic.

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Sep 30

Cold weather means new challenges for struggling restaurants

By Dee-Ann Durbin, Associated Press

U.S. restaurants are moving warily into fall, hoping their slow recovery persists despite the new challenge of chilly weather and a pandemic that’s expected to claim even more lives.

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Sep 30

WATCH: Small businesses in food industry testify about COVID-19 impact

By Associated Press

Business owners and leaders in the food industry will testify Sept. 30 about the challenges food producers and retailers are facing amid COVID-19 and what lies ahead in the next several months as the pandemic continues.

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Sep 12

Watch 10:55
In Lehigh Valley, PA, economic concerns predate the pandemic

By Christopher Booker, Mori Rothman

NewsHour Weekend’s new series “Road to Elections 2020” kicks off in the swing state of Pennsylvania, which flipped for Republicans in 2016. Christopher Booker reports from the Lehigh Valley in Northeast Pennsylvania where concerns over the economy predate the COVID-19…

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