Syndicated columnist Mark Shields and New York Times columnist David Brooks join Judy Woodruff to discuss the latest political news, including the Department of Justice’s request to throw out the case against Michael Flynn, the politicization of American government institutions…
Hopes are beginning to arise that the U.S. economy might be poised to rebound by the second half of the year. Yet most economists say such expectations should be kept in check.
By Martin Crutsinger, Associated Press
A recession caused by the coronavirus pandemic and a burst of government spending will nearly quadruple the government’s budget deficit, the Congressional Budget Office said Friday.
By Andrew Taylor, Associated Press
The U.S. is experiencing a sudden spike in unemployment not seen since the Great Depression. In about a month, 22 million lost their jobs, with many more cuts yet to come -- and a sense that even these staggering numbers…
U.S. job losses resulting from the COVID-19 pandemic are simply staggering. So far, they are roughly equivalent to the number of jobs created since the last painful recession. Elise Gould, senior economist with the nonprofit Economic Policy Institute, joins Judy…
By Paul Wiseman, Martin Crutsinger, Associated Press
Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast.
By Paul Wiseman, Associated Press
Will the U.S. remain an outlier among wealthy countries in providing limited protections for the financially vulnerable? Or will it expand the social safety net, as it did after the Great Depression of the 1930s?…
By Stan Choe, Alex Veiga, Associated Press
Wall Street closed out its best week in 45 years on Thursday after the Federal Reserve launched its latest titanic effort to support the economy through the coronavirus outbreak. The central bank announced programs to provide up to $2.3 trillion…
By Stan Choe, Damian J. Troise, Alex Veiga, Associated Press
Massive aid for the economy and markets from the Federal Reserve and Capitol Hill have helped spur some buying, although the S&P 500 and the Dow fell more than 1.5% Tuesday.
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