Mar 30 How the coronavirus' economic toll could also affect public health By Gretchen Frazee Health economists emphasize that how the U.S. responds to this crisis will affect the number of people who die not only from the virus itself, but from the side effects of an economic downturn. Continue reading
Mar 26 U.S. jobless claims hit 3.3 million, quadruple previous record By Associated Press The surge in weekly applications was a stunning reflection of the damage the viral outbreak is doing to the economy. Continue reading
Mar 06 Watch 4:52 News Wrap: February jobs report shows strongest U.S. hiring since 2016 In our news wrap Friday, the latest jobs report showed the strongest pace of hiring since 2016. The Labor Department said employers added a net 273,000 jobs in February, and the unemployment rate matched a 50-year low of 3.5 percent. Continue watching
Mar 06 U.S. added 273K jobs in February before virus escalated By Christopher Rugaber, Associated Press If employers were to start slashing jobs as a consequence of the virius, it could significantly escalate the economic damage. Continue reading
Feb 28 Powell says Fed will 'use our tools' to support economy amid coronavirus concerns By Christopher Rugaber, Associated Press Federal Reserve Chairman Jerome Powell pledged Friday that the Fed will "use our tools" to support the economy, an effort to ease fears and a strong signal of a likely rate cut, perhaps at its next meeting March 17-18. Continue reading
Feb 11 WATCH: Federal Reserve Chair Powell says economy looks resilient despite risk of China virus By Martin Crutsinger, Associated Press Powell said the Fed is monitoring developments stemming from the coronavirus, which he said "could lead to disruptions in China that spill over to the rest of the global economy."… Continue reading
Feb 10 Watch 4:07 What Trump's proposed 2021 budget says about his policy priorities President Trump unveiled a $4.8 trillion budget proposal for the 2021 fiscal year on Monday. His plan includes cuts to Medicaid and other social safety net programs, as well as an increase in funding for the Department of Homeland Security. Continue watching
Feb 08 Irish voters frustrated by economy choose next leader By Danica Kirka, Associated Press Irish voters are choosing their next prime minister in an election where frustration with economic austerity and a housing crisis have fueled the rise of Sinn Fein — still shunned by the political establishment because of its links to the… Continue reading
Feb 05 Watch 8:50 Emotions flare at divided State of the Union On Tuesday night, President Trump became only the second president in U.S. history to deliver a State of the Union address after being impeached. Current partisan divisions were illustrated by the varying and emotional reactions of Democrats and Republicans present. Continue watching
Jan 21 WATCH: Trump addresses World Economic Forum at Davos Trump addressed the annual World Economic Forum in Davos, Switzerland, hours before his historic impeachment trial was to reconvene in the U.S. Senate in Washington. Continue reading