Nov 06 Unemployment drops to 6.9 percent and U.S. adds a solid 638,000 jobs By Associated Press The gain suggested that a tentative economic recovery may remain intact even in the face of a surging viral outbreak. Continue reading
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. Continue reading
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… Continue reading
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… Continue watching
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.”… Continue reading
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. Continue reading
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. Continue reading
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. Continue reading
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. Continue reading
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. Continue reading