Sep 07 WATCH: Trump attacks Biden over plans for coronavirus, economy By Associated Press President Donald Trump used a Labor Day news conference from the White House to criticise his presidential election opponent, Joe Biden, over his plans for handling the coronavirus pandemic. Continue reading
Sep 04 U.S. unemployment rate falls to 8.4 percent even as hiring slows By Associated Press Employers added 1.4 million jobs, the Labor Department said, down from 1.7 million in July. Continue reading
Aug 27 More than 1 million Americans file for unemployment, again By Paul Wiseman, Associated Press Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and other segments of the economy rebound from a springtime collapse. Continue reading
Aug 26 Powell edges toward loosening the Fed’s stance on inflation By Martin Crutsinger, Associated Press In a sign of how vastly the U.S. economic landscape has changed, Federal Reserve Chairman Jerome Powell may be on the verge of sending a new message this week: That the Fed plans to leave its key rate pinned near… Continue reading
Aug 15 AP FACT CHECK: Trump skews record on Biden-Harris, economy By Hope Yen, Josh Boak, Associated Press President Donald Trump greeted the Democratic presidential ticket of Joe Biden and Kamala Harris this past week with a litany of distortion and falsehoods, raging against cases of voting fraud where they didn’t exist and declining to quash conspiracy theories… Continue reading
Aug 10 WATCH: White House press secretary talks China sanctions, RNC speech, Belarus By Associated Press White House press secretary Kayleigh McEnany will give a news briefing Monday after President Donald Trump signed executive orders on COVID-19 economic relief. Continue reading
Aug 09 States On Hook For Billions Under Trump’s Unemployment Plan By Matthew Barakat, Associated Press President Trump's executive orders to create more unemployment pay may force states to contribute additional funding. Continue reading
Aug 06 1.2 million seek jobless aid after $600 federal checks end By Paul Wiseman, Associated Press WASHINGTON (AP) — Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs just as a critical $600 weekly federal jobless payment has expired. The Labor Department’s report… Continue reading
Aug 01 Watch 5:23 America’s COVID-19 economy struggles as cases climb By PBS NewsHour As the emergency $600-per-week unemployment benefit expired on July 31, officials expressed optimism for another relief package. The bill, being negotiated right now, would be the fifth since the pandemic hit and likely the last before the November elections. Diane… Continue watching
Jul 02 Lebanese major retailers to shut down amid economic crisis By Sarah El Deeb, Associated Press Major retailers in Lebanon announced they will temporarily close in the face of an increasingly volatile currency market and their inability to set prices while the Lebanese pound plunges against the dollar. Continue reading